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Category: Industry

Qatar Participates in Virtual GCC Investment Cooperation Meeting

Doha: The State of Qatar has participated in the fifth meeting of the GCC Committee of Investment Undersecretaries, held virtually on Wednesday. The meeting saw the participation of HE Undersecretary of the Ministry of Commerce and Industry Mohammed b…

European Stocks Edge Up Amid Ceasefire News

Doha: European shares climbed on Wednesday as traders responded positively to US President Donald Trump’s announcement of an indefinite ceasefire with Iran, while investors also parsed a raft of regional corporate earnings reports. Major regional mark…

Oil Prices Decline as US Extends Ceasefire with Iran

New york: Oil prices turned lower on Wednesday, following the US extension of the ceasefire with Iran.

According to Qatar News Agency, Brent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel. West Texas Intermediate futures fell 28 cent…

Saudi Stock Market Records Decline in Main and Parallel Indices

Riyadh: The main Saudi stock index concluded Wednesday’s trading session with a decrease of 99.97 points, closing at 11,244.99 points. The trading session reported a total value of SAR 4.9 billion.

According to Qatar News Agency, the session witness…

Al Rayan Bank’s Profits Decline by 11.38 Percent in Q1 2026

Doha: Al Rayan Bank (a Qatari public shareholding company) reported an 11.38 percent decline in net profit for the first quarter of this year, reaching QR 361.148 million, compared to QR 407.525 million in the same period last year.

According to Qat…

Lesha Bank’s Profits Rise by 20.13 Percent in Q1 2026

Doha: Lesha Bank LLC (Public) saw its net profits rise by 20.13 percent in the first quarter of this year, reaching QR 48.603 million, compared to QR 40.458 million in the same period last year.

According to Qatar News Agency, data released by the b…

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