Category: Industry

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: Qatar Chamber stressed Wednesday that the local stock of goods in major hypermarkets is good and reassuring and has not been affected by the current conditions so far.

According to Qatar News Agency, this statement was made during a meeting h…

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: HE Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al-Thani affirmed that supply and distribution chains are operating normally and smoothly, noting that the relevant departments at the Ministry are continuously monitoring m…

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…

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…

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…

Doha: The UK Maritime Trade Operations (UKMTO): reported on Wednesday that a cargo ship sustained damage from an unidentified projectile in the Strait of Hormuz. The authority added that the extent of the damage is still unknown, but the crew is curre…