Doha: Aamal (Q.P.S.C.) disclosed the interim financial statement for the six months ending June 30, 2024. The financial statements revealed a net profit of QR 188,363,443 compared to a net profit of QR 166,767,456 for the same period of the previous y…
Doha: Commercial Bank has successfully closed a 3-year USD 500 Million Syndicated Term Loan Facility led by Bank of America, Mizuho Bank, and SMBC Bank as joint coordinators and Bookrunners of the facility.
According to a statement by the bank, the s…
The dollar fell to its lowest levels in more than two months against the Japanese yen on Wednesday, with the decline in yen selling in financial carry transactions ahead of the Japan Central Bank’s meeting next week.
The dollar index, which measures …
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.
T…
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.
T…
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…
Oil prices rose on Wednesday after several days of decline, affected by falling US crude inventories.
Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or …
Doha: United Development Company (UDC) (a Qatari public shareholding company) has announced net profits amounting to QR 150 million for the first half of 2024, ending on June 30, compared to QR189 million for the same period of 2023.
The UDC said in …
Doha: INMA Holding Company (a Qatari public shareholding company) net profits jumped by 171.9 percent in the first half of the year 2024 to reach QR 9.122 million , compared to QR 3.355 million in the same period last year.
Data issued by the company…