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Category: Business

Oil Prices Tumble More Than 4% to Below $81 a Barrel

Oil prices tumbled nearly 4% tuesday to a three-week low. brent crude futures for the nearest delivery month dropped $3.11:eek low. Brent crude futures for the nearest delivery month dropped $3.11, or 3.71%, to $80.66 a barrel, after hitting a session…

Qatar Airways Reconnects Doha and Philadelphia with First Flight

Qatar: Qatar Airways has reconnected Doha and Philadelphia with the launch of a daily non-stop flight between Hamad International Airport (DOH) and Philadelphia International Airport (PHL), its 14th destination in North America, which resumed on 1 Aug…

Japan’s Nikkei Closes Higher Amid Semiconductor Sector Gains

Japan: Japan’s Nikkei index closed higher on Tuesday, supported by strong demand for shares of companies linked to the semiconductor industry, despite continued investor caution over the possibility that the authorities could intervene again to buy th…

Kuwaiti Oil Price Drops by USD 12.04

Kuwait city: The price of Kuwaiti crude oil experienced a decline of USD 12.04, settling at USD 73.24 per barrel in Monday’s trading session. This marked a decrease from the USD 85.28 per barrel recorded in Friday’s session, as reported by the Kuwait …

Qatari Investors Group’s Profit Falls 22.35 Percent in H1 2026

Doha: Qatari Investors Group net profit for the six-month period ending June 30, 2026, dropped 22.35 percent to reach QAR 55.688 million in comparison to QAR 71.721 million for the same period of the previous year.

According to Qatar News Agency, da…

Qatar CPI Rises 2.21% in June

Qatar: Qatar’s Consumer Price Index (CPI) for June reached 110.12 points, recording a marginal increase of 0.06% compared with May 2026 and a 2.21% year-on-year increase compared with a year earlier. The index measures inflation and consists of 12 mai…

Muscat Stock Exchange 30 Index Sees Notable Increase

Muscat: The Muscat Stock Exchange 30 index experienced an uptick, closing Monday at 7,349.07 points. This marks an increase of 53.6 points, or 0.73 percent, compared to the previous trading session, which concluded at 7,295.45 points.

According to Q…

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