Doha July 31 (QNA) – The Ministry of Finance announced Wednesday that the State of Qatar’s budget for the second quarter of 2024 recorded a surplus of QR 2.6.
The surplus was directed to reducing public debt, and therefore there is no cash surplus, t…
Early Asian trade on Tuesday saw a decline in oil prices, continuing losses from the previous session, amid concerns about demand in China.
Brent crude oil futures had dropped by 12 cents, or 0.15%, to $79.78 per barrel. At $75.67 per barrel, US oil …
Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States.
Brent crude futures decreased by 77 cents, or 0.97 percen…
Qatar Central Bank (QCB) announced Tuesday the launch of “Request to Pay” option through “Fawran” service, in line with the Third Financial Sector Strategic Plan, and in continuation of its efforts to improve the instant payment system in the country….
Qatar Islamic Insurance Group (a Qatari public shareholding company) profits grew by 23.18 percent, reaching QR 79,124, 605 by the end of the first six months of this year, compared to QR 64, 230,759 , during the same period last year.
The company sa…
The general index of Qatar Stock Exchange (QSE) dropped 22.43 points, or 0.22 percent, at the beginning of trading on Tuesday, reaching 10,147 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in six sectors: Te…
The National Planning Council reported that 543 building permits were issued across various municipalities in Qatar during June, marking a 31 percent decrease compared to May, which saw 782 permits issued.
In a statement on Tuesday, the council highl…
Ooredoo, a Qatari public shareholding company, has achieved a net profit of QR1.861 billion, in the first half of 2024, representing a 14% increase compared to the profits realized in the same period of 2023, which were QR1.625 billion.
Chairman of O…
Barwa Real Estate, a Qatari public shareholding company, reported a net profit increase of 0.81 percent, reaching QR 557.455 million in the first half of 2024, compared to QR 552.930 million in the same period last year.
According to figures released…
Gold prices declined Monday, due to the rise of the dollar, as investors await the results of the Federal Reserve (US central bank) meeting on monetary policy and the future of interest rate cuts on Wednesday.
Gold fell in spot transactions by 0.4 pe…