Oil Falls 3% in Early Asian Trade

Oil prices slid 3% in early Asian trade on Tuesday after OPEC lowered its outlook for global oil demand growth in 2024 and 2025.

Brent crude futures were down $2.27 at $75.19 per barrel, while US West Texas Intermediate futures fell $2.22 to $71.60 p…

Masraf Al Rayan’s Profits Rise by 4.1 Percent

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 …

S. Korea: ICT Exports Rise on Semiconductors

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…

QSE Closes 0.15-Percent Lower

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…