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…
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 …
Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading session with a slight decline of 2.97 points, or 0.03 percent, settling at 10,137.45 points.
During the session, 115,158,786 shares were traded, amounting to a value of QR 298,710,…
Oman oil price today reached USD 80.66, comprising a drop by USD 1.29, compared to the price of Tuesday, which stood at USD 81.95.
The average price of Oman oil has stabilized at USD 83.89 per barrel, thus USD 5.41 per barrel lower than June delivery…
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…
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: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.
The QSE general index was supported by a rise in four sectors:…
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…
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…
Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.
Brent crude futures rose by 70 cents, or 0.86 percent, to reach $81.7…
The U.S. Energy Information Administration (EIA) announced, on Wednesday, that the U.S. crude oil inventories fell for a fourth consecutive week, and gasoline and distillate stocks declined amid a pickup in demand.
In a statement, EIA clarified that …
Deputy Prime Minister for Energy Affairs, Minister of Oil, Hayyan Abdul-Ghani, discussed with the Ambassador of the Sultanate of Oman to Iraq, Sheikh Mahmoud bin Muhanna Al-Kharusi, ways to develop cooperation in the oil and gas sector.
The ministry …
