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Category: Industry

Qatar Stock Exchange Index Closes Lower

Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading session down by 126.81 points, or 1.20 percent, ending at 10,463.68 points.

During the session, 214,852,542 shares were traded, with a total value of QR 491,551,195.441, in 15,395 …

China Rebuks EU Tariff Ruling over Chinese Electric Vehicles

China does not approve of or accept the European Commission’s decision to impose extra tariffs on China-made electric vehicles (EVs), a spokesperson for the Chinese Ministry of Commerce said Wednesday.

China has repeatedly pointed out that the EU’s …

Ooredoo’s Net income Grows 9.7%

Doha: Ooredoo Groups net profits increased by 9.7 percent during the third quarter of this year, reaching nearly QR 2.92 billion, compared to net profits of QR 2.66 billion for the same period last year.

The financial statements issued by the group, …

Ooredoo’s Net income Grows 9.7%

Doha: Ooredoo Groups net profits increased by 9.7 percent during the third quarter of this year, reaching nearly QR 2.92 billion, compared to net profits of QR 2.66 billion for the same period last year.

The financial statements issued by the group, …

Japanese Stocks Rise Supported by Technology Shares

Japanese stocks ended higher Wednesday for the third straight day on buying of technology shares.

The 225-issue Nikkei Stock Average ended up 373.71 points, or 0.96 percent, from Tuesday at 39,277.39.

The broader Topix index finished 21.70 points, …

Kuwait Oil Price Down $1.14 to $71.14

The Kuwaiti oil price fell $1.14 to $71.14 per barrel on Tuesday, compared with $72.28 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.

Globally, Brent crude went down by 30 cents to $71.12 pb, and West Texas Intermediate crude fe…

Dollar Steady ahead of US Jobs Data

The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for US monetary policy.

The US dollar index, which measures the currency against six major rivals including the yen and euro,…

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