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Category: Industry

QSE Index Rises 0.20% at Start of Trading

Qatar Stock Exchange (QSE) index started Tuesday’s trading on a positive note, rising 20.49 points, or 0.20%, to reach the level of 10,524 points, compared to Monday’s closing.

QSE was support by a rise in four sectors: Real Estate by 1.21%; Banks an…

Oil Prices Edge Up on US Plan to Boost Reserve

Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some support.

Brent crude futures climbed 44 cents to $71.86 a barrel by, while US West Texas Int…

S. Korean Government Asks Local Oil Refiners to Avoid Price Hikes

South Korea’s industry ministry on Tuesday asked local oil refiners to avoid excessive price hikes amid heightened energy price volatility and escalating uncertainties in the Middle East.

The call came after South Korea decided last week to extend th…

Gold Hovers Near Record High ahead of Key Economic Data

Gold prices lingered near record highs on Tuesday, while investors awaited key economic data for clues on the US Federal Reserve’s interest rate trajectory.

Spot gold was up 0.5% at $2,755.42 per ounce. Prices hit a record high of $2,758.37 last Wedn…

Profit of Qatar General Insurance and Reinsurance Surges 282.62%

Doha: Qatar General Insurance and Reinsurance company profits surged by 282.62 percent in the first nine months of 2024, reaching around QR 45.976 million, compared to QR 12.014 million for the same period in 2023.

The financial statements issued by …

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