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Category: Industry

European Stocks Open Mixed As Investors Await Iran-US Agreement

Kuwait: European stock markets opened mixed on Thursday, as investors awaited Iran and the United States reaching an agreement that would reduce tensions in West Asia. In the major markets, France’s CAC 40 index in Paris was flat at 0.09 percent, whil…

Qatar Stock Exchange Index Rises by 65 Points

Doha: The Qatar Stock Exchange (QSE) index closed higher on Thursday, gaining 65 points, or 0.61 percent, to settle at 10,714.25 points. A substantial volume of 260,946,355 shares was traded, amounting to a total value of QAR 569,787,847.770 across 34…

Shell Profit Rises to $6.9 Billion in 1st Quarter 2026

London: First-quarter adjusted earnings, Shell’s definition of net profit, rose to $6.92 billion, on Thursday. Shell reported adjusted earnings of $5.58 billion over the same period a year ago. At the same time, Shell cut its quarterly share buy-back …

Global Debt Reaches Record $353 Trillion in March

Kuwait: The Institute of International Finance revealed that global debt reached a record high of around $353 trillion by the end of last March. In its quarterly Global Debt Monitor report, the institute said there were signs that investors were movin…

Oil Prices Retreat 7% at Settlement

Kuwait: Oil prices fell by more than 7 percent at settlement today. Brent crude futures settled down $8.60, or 7.83 percent, at $101.27 a barrel, while U.S. crude futures settled down $7.19, or 7.03 percent, at $95.08 a barrel.

According to Qatar Ne…

Real Estate Trading Exceeds QAR 550 Million in One Week

Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from May 3 to May 7, 2026, reached QAR 586,055,471. Meanwhile, the total sales contracts for resident…

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