Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…
Doha: Qatar Oman Investment Company (QOIS), a Qatari Public Shareholding Company, has achieved a net profit of QR 1.3 million in H1 of 2024, against losses of QR2.5 million recorded during the same period of the previous year.
According to data relea…
Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.
Asian markets fell as investors abandoned…
Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per…
Japan’s yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.
The dollar ind…
Doha: The general index of Qatar Stock Exchange (QSE) fell below the 10,000-point mark at the beginning of trading on Monday, reaching 9,885 points after dropping 172 points, or 1.71%, compared to the closing of Sunday’s session, affected by declines …
Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.
Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…
The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…
Doha: The State of Qatar’s June 2024 foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.6 billion almost, i.e., an increase of about QR 2.2 billion or 12.4 percent compared t…
Doha: Hamad Port operator, QTerminals, announced that it has reached a significant milestone by exceeding 10 million Twenty-foot Equivalent Units (TEUs) at its flagship facility, Hamad Port, since the start of operations.
It added that this landmark …