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Category: Industry

Minister of Finance Meets UN Deputy Secretary-General.

Doha: HE Minister of Finance Ali bin Ahmed Al Kuwari met on Thursday with HE Deputy Secretary-General of the United Nations Amina Mohammed during her current visit to the country. They discussed areas of joint cooperation and reviewed relations betwee…

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,…

QSE Index Drops 42.28 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 42.28 points, or 0.40%, at the start of trading on Wednesday, down to the level of 10,548 points, compared to yesterday’s closing.

QSE index was weighed down by a decline in six sectors: T…

Aramco, Petrovietnam Sign Agreement to Boost Energy Partnership

The Saudi Arabian Oil Group (Aramco) signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam).

A press release issued by Aramco states that the agreement paves the way for potential cooperation spanning the storage, s…

Prime Minister of Vietnam Meets Governor of Qatar Central Bank

Doha: HE Prime Minister of the Socialist Republic of Vietnam Pham Minh Chinh, received today HE Governor of Qatar Central Bank and Chairman of the Board of Directors of Qatar Investment Authority Sheikh Bandar bin Mohammed bin Saoud Al-Thani.

The mee…

S. Korea’s New Car Sales Dips to 11-Year Low

New automobile sales in South Korea during the first nine months of the year fell over 8% from a year earlier amid high borrowing costs and a slowdown in global electric vehicle demand, South Korean industry data showed Wednesday.

According to the d…

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