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Category: Industry

US Oil Firms to Boost Production Amid Rising Middle East Conflict

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…

IEA Approves Unprecedented Release of 400 Million Barrels of Oil

Doha: International Energy Agency (IEA) announced Wednesday that it has approved the release of 400 million barrels of oil from its reserves, in the largest move of its kind in its history, to curb crude oil prices, which have sharply spiked as a resu…

Estithmar Holding Profits Surge 144.8% in 2025

Doha: The net profits of Estithmar Holding Company surged 144.8 percent in 2025 to reach QR 989.79 million, compared to QR 404.32 million in 2024.

According to Qatar News Agency, data from Estithmar Holding, published by the Qatar Stock Exchange (QS…

Qatar Real Estate Transactions Reach QAR 2.71 Billion in February

Doha: The total value of real estate transactions registered with the Real Estate Registration Department at the Ministry of Justice reached QAR 2.71 billion in February 2026, according to the Ministry’s monthly analytical real estate bulletin release…

Kuwaiti Oil Drops $9 a Barrel

Kuwait: Kuwait oil prices dropped $9.81 on Tuesday to $113.13 per barrel compared with $122.94 per barrel the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

According to Qatar News Agency, Brent futures dropped by $7.50 to $91.40 per…

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