Day: June 26, 2024

Doha: HE Minister of Commerce and Industry (MOCI) Sheikh Mohammed bin Hamad bin Qassim Al-Thani issued, on Wednesday, Ministerial Resolution No. (60) for the year 2024, reducing the Ministry’s service fees for the commercial, industrial, business deve…

Oil prices inched up during Asian trade on Wednesday despite a surprise jump in US stockpiles, driven by geopolitical risks and forecasts of an eventual inventory drawdown during the third quarter peak demand season.

Brent crude oil futures rose 40 c…

Gold prices were subdued on Wednesday ahead of crucial US inflation data due this week, which could offer more clarity on the timing of the Federal Reserve’s first interest rate cut this year.

Spot gold was flat at $2,319.95 per ounce. US gold future…

The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of US price data at the end of the week.

The euro eased marginally overnight and was steady at $1.0708 i…

A top Federal Reserve official has backed more interest rate rises if inflation remains at its current level, noting that immigration and aggressive fiscal stimulus are likely to keep US prices rising more quickly than in other rich economies, the Fin…

Doha: The general index of Qatar Stock Exchange (QSE) rose 7.78 points, or 0.08%, at the beginning of trading on Wednesday, reaching 9,835 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in four sectors: Banks a…

The Saudi Stock Market Index closed Monday down 32.93 points to close at 11867.37 points, with trades worth SAR 5.4 billion.

The volume of traded shares reached 538 million shares, with the shares of 65 companies recording an increase in their value,…

Kuwait Petroleum International (KPI) announced on Wednesday completing the agreement to acquire a 50 percent stake in Italy’s Ecofox, a company wholly owned by Fox Petroli, which specializes in the production of biofuels.

In a statement , KPI said th…

Doha: Qatar Financial Centre (QFC) was awarded the prestigious ISO 9001:2015 certification for processing immigration services by BSI (British Standards Institution), a leading global certification body.

ISO 9001 is an international standard for Qual…

Doha: Acting CEO of the Qatar Stock Exchange (QSE) Abdul Aziz Nasser Al Emadi emphasized that QSE is open to and welcomes good companies that provide an addition to investors.

In his remarks to Qatar News Agency on the sidelines of listing the shares…