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Category: Business

QSE Index Closes Higher on Monday

Doha: The Qatar Stock Exchange (QSE) index on Monday closed higher by 85 points, or 0.79 percent, to reach 10,801.39 points. During the session, a total of 94,844,510 shares were traded, with a value of QAR 267,735,702.449, through 20,703 transactions…

Oman Central Bank Issues Treasury Bills Worth Over OR 31 Million

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 31.15 million.

In a statement on Monday, the OCB said that the value of the bills allocated for a maturity period of 28…

QSE Index Drops 20.92 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 20.92 points, or 0.21 percent, at the beginning of trading on Monday, reaching 10,151 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in five secto…

China’s GDP Grows 5% in H1 of 2024

China’s gross domestic product (GDP) grew 5 percent year on year in the first half of 2024, data from the National Bureau of Statistics (NBS) showed Monday.

China’s GDP reached around 61.68 trillion yuan (about 8.65 trillion US dollars) in the first …

Dukhan Bank Reports a Net Profit of QR 784 Million in 2024 H1

Doha: Dukhan Bank announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QR 784 million, representing a 3 percent growth compared to the last year.

The bank reported a net profit of QR 784 million for t…

Dukhan Bank Reports a Net Profit of QR 784 Million in 2024 H1

Doha: Dukhan Bank announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QR 784 million, representing a 3 percent growth compared to the last year.

The bank reported a net profit of QR 784 million for t…

Dukhan Bank Reports a Net Profit of QR 784 Million in 2024 H1

Doha: Dukhan Bank announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QR 784 million, representing a 3 percent growth compared to the last year.

The bank reported a net profit of QR 784 million for t…

Oil Extends Losses as Dollar Strengthens

Oil prices fell for a second day on Monday as the dollar gained ground amid political uncertainty in the US.

Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel after settling down 37 cents on Friday.

US West Texas Intermediate crude was …

Gold Eases, Investors Seek More Cues On Fed’s Rate Path

Gold prices dipped on Monday as the dollar held firm, while investors awaited comments from Federal Reserve officials and economic data for further cues on US interest rate trajectory.

Spot gold eased 0.1% at $2,409.54 per ounce. US gold futures fell…

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