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Category: Business

Qatar Stock Exchange Closes Lower

Doha: The Qatar Stock Exchange (QSE) closed lower on Thursday with the index losing 23.8 points, or 0.24 percent, to reach 10,053.01 points.

During the session, 89,721,207 shares were traded, with a total value of QR 239,244,399.546, in 10,933 transa…

Russian Scientists Develop New Generation of Small Satellites

Scientists at the Russian Novosibirsk State University have developed a new generation of small satellites.

The Russian news agency TASS quoted Mikhail Fedoruk, the university’s president, as saying today that “scientists at the Advanced Engineering …

Zad Holding’s Profits Rise 3.45% in H1 of 2024

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…

China’s Foreign Exchange Reserves Up 1.06 Percent in July

China’s foreign exchange reserves totaled 3.2564 trillion US dollars as of the end of July, up by 34 billion dollars, or 1.06 percent compared to the end of June, the latest data showed.

The State Administration of Foreign Exchange said in a statemen…

QSE Index Declines Marginally at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 1.10 points, or 0.01%, at the beginning of trading on Thursday, reaching 10,075 points, compared to yesterday’s closing.

QSE general index showed a positive performance in Insurance by 1.4…

Oil Prices Rise Amid Sharp Fall in US Crude Inventories

Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.

Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US …

Oil Edges Lower on Unexpected Build in US Inventories

Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US crude oil and gasoline inventories, offsetting global oil supply concerns.

Brent crude futur…

Gold Edge Lower as Dollar, Treasury Yields Strengthen

Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.

Spot gold slipped 0.2% to $2,385.60 per ounce, a…

QSE Index Drops 16.38 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) dropped 16.38 points, or 0.16%, at the beginning of trading on Wednesday, reaching 10,032 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Teleco…

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