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Category: Business

Dollar Declines 0.25% Against Major Currencies

Doha: The US dollar retreated against major currencies at the start of Asian trading on Monday after the United States halted its airstrikes on Iran earlier this week, leading to lower oil prices and boosting investor confidence around the world.

Ac…

Oman Crude Oil Price Drops by USD 4.70/Barrel

Muscat: The official price of Omani crude oil for September delivery reached USD 82.41 on Thursday, marking a decrease of USD 4.70 compared to Friday’s price of USD 87.11.

According to Qatar News Agency, the average monthly price of Omani crude oil…

Muscat Stock Exchange Index Sees Marginal Gains

Muscat: The Muscat Stock Exchange 30 index closed Monday at 7,185.38 points, marking an increase of 20.84 points, or 0.28 percent, from the previous trading session, which ended at 7,165.03 points.

According to Qatar News Agency, the trading value a…

Oil Prices Plummet Over 6% as US-Iran Tensions Subside

Doha: Oil prices tumbled more than 6% on Monday, extending sharp losses as easing tensions between the United States and Iran prompted investors to unwind the geopolitical risk premium that had lifted crude prices in recent weeks. Brent crude futures …

Aamal Reports 13% Decline in H1 Net Profit

Doha: Aamal Company Q.P.S.C. has reported a 13% decline in net profit for the first half of 2026, with earnings falling to QR 192.72 million, compared with QR 221.29 million in the corresponding period of 2025.

According to Qatar News Agency, the co…

Commercial Bank Reports 20% Decline in H1 Net Profit

Doha: Commercial Bank Q.P.S.C. has reported a 20% decline in net profit for the first half of 2026, with earnings falling to QR 1.014 billion, compared with QR 1.261 billion in the corresponding period of 2025.

According to Qatar News Agency, the ba…

Exchange Rates in Qatar Updated by Qatar National Bank

Doha: Rates against US Dollar as issued on Sunday by Qatar National Bank (QNB) are as following:

According to Qatar News Agency, the latest exchange rates have been updated by Qatar National Bank, providing the buying and selling rates against the U…

Aamal Reports 13% Decline in H1 Net Profit

Doha: Aamal Company Q.P.S.C. has reported a 13% decline in net profit for the first half of 2026, with earnings falling to QR 192.72 million, compared with QR 221.29 million in the corresponding period of 2025.

According to Qatar News Agency, the co…

Commercial Bank Reports 20% Decline in H1 Net Profit

Doha: Commercial Bank Q.P.S.C. has reported a 20% decline in net profit for the first half of 2026, with earnings falling to QR 1.014 billion, compared with QR 1.261 billion in the corresponding period of 2025.

According to Qatar News Agency, the ba…

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