Day: October 14, 2024

South Korea’s exports of information and communication technology (ICT) products rose for the 11th consecutive month in September, driven by record sales of semiconductors.

Outbound shipments of ICT products came to USD 22.4 billion last month, up 24…

Doha: Masraf Al Rayan (a Qatari public shareholding company) net profits increased by 4.1 percent in the first 9 months of 2024 to reach QR 1.288 billion, compared to QR 1.237 billion in the same period of 2023.

Data issued by the bank and posted on …

China’s first independently developed and independently built ultra-deepwater gas field, Shenhai Yihao has recorded an accumulated natural gas output of over 9 billion cubic meters to date, with an oil output exceeding 900,000 cubic meters.

Shenhai Y…

Doha: Alijarah Holding Company disclosed its financial results for the period ending Sept. 30, 2024, reporting a 15.59-percent increase in net profit to reach QAR 13.69 million, compared to QAR 11.84 million for the same period in 2023.

Earnings per …

China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Monday.

Financial institutions will factor in a company’s qualit…

Doha: HE Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, inaugurated the 17th Arab Steel Summit and the accompanying International Iron and Steel Exhibition by calling for positioning the Arab iron and steel industry firmly on the glo…

Gold prices drifted lower on Monday as the US dollar strengthened, while market participants awaited fresh cues on the Federal Reserve’s monetary policy path.

Spot gold fell 0.4% to $2,646.75 per ounce after rising 1% in the previous session. US gold…

Oil prices fell by more than $ 1 a barrel, losing over 1.5% in early trading on Monday, after frustrating Chinese inflation information and a lack of clarity on Beijing’s financial stimulus strategies stoked worries about demand.

Brent crude futures …

Doha: Dukhan Bank’s net profit increased by 3 percent in the first nine months of this year to reach QR 1.141 billion, compared to QR 1.107 billion for the same period last year.

Data issued by the bank and published on the Qatar Stock Exchange websi…

The dollar held onto its gains and even extended some in Asian trading on Monday as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention.

The dollar index was just ab…

European stocks closed at their highest level in two weeks at the end of Monday’s trading.

The pan-European Stoxx 600 index ended trading up 0.48 percent, led by technology, defense and utilities stocks, which rose more than 1.2 percent each.

The Fr…

Doha: Qatar Stock Exchange (QSE) index lost 15.49 points on Monday to close at 10,477.81 points.

The 0.15 percent downtick was observed in 14,473 transactions with 184,043,858 shares being traded at a value of QAR 361,747,674.315.

The shares of 23 c…