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Category: Industry

QIB Reveals Net Profit of QAR 985.6 Million in Q1 2026

Qatar: Qatar Islamic Bank (QIB) announced a net profit of QAR 985.6 million for the first three-month period of 2026 in comparison to QAR 985.1 million for the same period of the previous year.

According to Qatar News Agency, the QIB stated that its…

Gold Prices Decline from Recent High as Dollar Strengthens

Istanbul: Gold prices inched lower on Wednesday after hitting a one-month high earlier in the session, as the dollar regained some ground and prospects of another round of peace talks between the US and Iran lifted risk appetite. Gold: Spot gold was d…

Oil Falls as US-Iran Peace Talks Loom

Istanbul: Oil prices fell for a second day on Wednesday on expectations peace talks between the US and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. Brent crude …

Oman Crude Oil Price Falls by $2.91

Muscat: The official price of Oman crude oil for July delivery stood at USD 103.25 per barrel on Wednesday.

According to Qatar News Agency, the price of Oman crude fell by USD 2.91 compared to the previous day’s price of USD 106.16 per barrel. The …

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