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Category: Business

Qatari Banks’ Assets Hold Steady at QR 2,197 Billion in June

Doha: The monthly report issued by QNB Financial Services (QNBFS) for June 2026 showed the stability of the performance of the Qatari banking sector, with banks maintaining strong levels of liquidity, and assets, loans, and deposits remaining stable o…

Al Mahhar Half-Year Net Profit Rises 4.5%

Doha: Al Mahhar Holding Company’s net profits rose by 4.5 percent during the first half of 2026 to reach QAR 27.33 million, compared to QAR 26.15 million during the same period in 2025.

According to Qatar News Agency, data from the company, publishe…

Dollar Near 6-Week Low, Yen Steadies

Tokyo: The US dollar held near six-week lows on Wednesday as currency markets awaited further developments after pressure on the Japanese yen eased. The US dollar index, which tracks the currency against six major peers, was little changed at 99.85, s…

Oil Extends Declines as Markets Await US-Iran Talks

Oil prices rose slightly on wednesday after steep falls in the previous two trading sessions:ran war and restore shipping through the Strait of Hormuz. Brent crude futures dropped 92 cents, or about 1.2%, to $78.44 a barrel. They have tumbled more tha…

Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data

Doha: Gold prices edged higher on Wednesday, helped by a softer dollar, while investors awaited key US jobs data for clues on the Federal Reserve’s next monetary policy move. Spot gold was up 0.1% at $4,081.09 per ounce, while US gold futures fell 0.4…

Qatar Stock Exchange Index Closes Higher by 0.88 Percent

Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading session higher by 89.24 points, or 0.88 percent, reaching 10,181.82 points.

According to Qatar News Agency, a total of 158,582,344 shares were traded during the session, with a t…

Muscat Stock Exchange 30 Index Sees Marginal Gains

Muscat: The Muscat Stock Exchange 30 index closed its latest session at 7,349.10 points, marking an increase of 14.3 points, or 0.19 percent, from the previous session’s close of 7,334.80 points.

According to Qatar News Agency, the trading value fo…

Japan’s Nikkei Soars to Two-Week High Amid AI Stock Surge

Tokyo: Japan’s Nikkei index experienced a notable rise, climbing more than 3 percent to reach a two-week high on Wednesday. This increase was driven by a surge in artificial intelligence-related shares, which mirrored similar activity in the US market…

Doha Insurance Group’s Net Profit Rises 11.63 Percent in H1 2026

Doha: Doha Insurance Group’s net profit in the first six months of 2026 rose 11.63 percent to QAR 130.150 million in comparison to QAR 116.584 million for the same period of the previous year. Data published on the Qatar Stock Exchange (QSE) on Wednes…

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