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Category: Business

Turkish Central Bank Keeps Interest Rate at 50 Percent

The Turkish Central Bank on Tuesday kept the interest rate fixed at 50 percent on repurchase operations (repo) for a week.

The Monetary Policy Committee of the Turkish Central Bank said in a statement that it decided to keep the interest rate constan…

Oil Prices Drop to Lowest Level in Over a Month

Oil prices closed lower at the end of Monday’s trading session, marking their lowest level in more than a month.

Brent crude futures fell by 23 cents, or 0.3 percent, to settle at $82.40 per barrel, the lowest level since June 11.

Similarly, the fut…

QSE Index Closes 0.20 Percent Higher

Doha: Qatar Stock Exchange (QSE) general index closed at 10,155.75 points on Monday, 20.380 points (0.20 percent) up from its previous closing.

A trading volume of 95,343,954 shares was registered in 10,032 transactions in all sectors, with a total t…

Muscat Stock Exchange Index Closes Higher

Muscat: Muscat Stock Exchange (MSX) general index 30 closed on Monday at 7,762.60 points, up by 234.2 points, 3.11 percent compared to the previous close which stood at 7,528.44 points.

According to Qatar News Agency, the trading value reached OMR …

Oman Oil Price Drops 38 Cents

Oman oil price today reached USD 81.95, comprising a drop by 38 cents, compared to the price of yesterday which stood at USD 82.33.

The average price of Oman oil has stabilized at USD 83.89 per barrel, thus USD 5.41 per barrel lower than June deliver…

Wall Street Main Indices Close Higher

The main indices on Wall Street closed higher at the end of Monday’s trading session.

The S and P 500 index rose by 60.22 points, or 1.09 percent, to end at 5,565.22 points.

The Nasdaq Composite index advanced by 280.63 points, or 1.57 percent, clos…

QSE Index Rises 0.05% at Start of Trading

Doha: The Qatar Stock Exchange (QSE) index rose slightly at the beginning of Monday’s trading, increasing by 0.05%, adding 5.08 points to reach the level of 10,498 points, compared to the closing of yesterday’s session.

According to figures released …

Baladna Profits Surge 137 Percent in H1 of 2024

The net profits of Baladna Q.P.S.C. rose 137 percent in the first half of 2024, reaching QAR100.420 million, compared to QAR42.297 million, in the same period in 2023.

According to the company’s data published on Qatar Stock Exchange (QSE)s website o…

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