Doha: Qatar Free Zones Authority (QFZ) announced the opening of the newest outlet of Qatar Postal Services Company (Qatar Post) at the Investor Relations Center in the Business Innovation Park at Ras Bufontas Free Zone, in a move to enhance the servic…
European stocks on Wednesday closed lower , affected by a decline in luxury goods stocks, while the decline became more severe due to weak results in other sectors of the market, such as the banking sector.
The European Stoxx 600 index recorded a dec…
Doha: HE Governor of the Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saud Al-Thani met today with HE UK Ambassador to Qatar Neerav Patel.
The meeting dealt with discussing bilateral cooperation between the two countries and the ways to en…
Doha: Ahli Bank (a Qatari public shareholding company) net profits increased by 6.47 percent in the first half of 2024 to reach QR 383.009 million , compared to QR 359.738 million in the same period of the previous year.
A statement issued by the ban…
Doha: The Qatar Stock Exchange (QSE) closed Wednesday’s session with a decline of 42.17 points, or 0.41 percent, settling at 10,151.72 points.
During the session, 186,321,557 shares were traded, with a total value of QR 478,482,200.554, executed thro…
Brussels: European stocks opened lower for the third consecutive session on Wednesday, driven by a decline in the technology sector.
The Stoxx 600 index dropped 0.3 percent, with the tech sub-index falling 1.9 percent.
Dutch semiconductor company AS…
Singapore: The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.
The New Zealand dol…
Seoul: The Asian Development Bank (ADB) revised up its outlook for South Korea’s economic growth this year to 2.5%.
The ADB said in its latest report on the Asian economy for July that it raised its forecast for Korean economic growth to 2.5% for thi…
Singapore: Oil prices were steady in early Asian trade on Wednesday, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.
Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62 a barrel, and US …
Singapore: Gold prices rose to an all-time peak on Wednesday, driven by mounting hopes of a US interest rate cut in September after recent comments from US Federal Reserve officials.
Spot gold was steady at $2,468.55 per ounce, after hitting a record…
Doha: Qatar Stock Exchange index declined by 0.24% at the beginning of Wednesday’s trading, losing 24.25 points and dropping to the level of 10,169 points, pressured by six sectors.
Qatar Stock Exchange attributed the decline in the general index to …
New York: Oil prices rose at settlement at the end of Wednsdays trading, after three consecutive days of losses.
Brent crude futures contracts recorded an increase of $1.35, or 1.61 percent, to reach $85.08 per barrel upon settlement.
US West Texas …
