Doha: Director of the Land Customs Department at the General Authority of Customs, Yousef Al Hammadi, has announced that land customs is offering comprehensive facilities to suppliers and traders. He emphasized that initiatives such as the economic op…
Muscat: The official price of Oman crude oil for July delivery reached USD 104.74 per barrel on Tuesday. This represents an increase of USD 3.74 compared to Monday’s price of USD 101 per barrel.
According to Qatar News Agency, the monthly average pr…
Doha: GCC countries: have convened the fifth extraordinary meeting of the Executive Council of the Customs Union, held via video conference. Qatar was represented by a delegation led by HE Ahmed bin Abdullah Al Jamal, Director General of the General A…
Abu dhabi: Energy ministers of the Group of Seven (G7) on Wednesday affirmed their readiness to take “all necessary measures” regarding oil reserves, hours before a meeting of G7 leaders, amid sharp volatility in crude prices caused by the ongoing war…
Doha: European Commission: European Commission President Ursula von der Leyen said that 10 days of war in the Middle East have cost European taxpayers an additional EURO 3 billion in fossil fuel imports, noting a 50% increase in gas prices and a 27% i…
Kuwait city: Kuwait Bourse closed trading on Wednesday as the All Share Index gained 49.45 points to reach 8,641.68 points, an increase of 0.58 percent. As many as 195.2 million shares valued at KWD 61.5 million (roughly USD 188 million) were traded v…
Doha: European stock indices fell Wednesday as investors assessed the economic repercussions of the conflict in the Middle East and US inflation data. The pan-European Stoxx 600 index closed down 0.6 percent, with most European stock exchanges declini…
Doha: US Interior Secretary Doug Burgum said that American oil companies will soon announce an increase in production amid rising prices due to the ongoing conflict in the Middle East. “I believe you will see them all announce an increase in productio…