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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…

Qatar Insurance Company’s Profit Rise 16%

Qatar Insurance Companys net profits increased by 16 percent in the first nine months of this year, reaching QR 517.727 million riyals, compared to QR 446.294 million riyals for the same period last year.

The financial statements issued by the compan…

QSE Index Closes Lower

Doha: The Qatar Stock Exchange (QSE) index closed lower on Thursday, shedding 123.91 points, or 1.17 percent, to settle at 10,487.91 points.

According to Qatar News Agency, a total of 199,183,441 shares were traded in 38,363 transactions across all…

Qatar Chamber, Saudi Delegation Discuss Partnership Opportunities

Doha: Qatar Chamber (QC) met with a Saudi delegation representing the Asharqia Young Businessmen Council (AYBC) and discussed cooperation relations and partnership opportunities between Qatari and Saudi entrepreneurs to establish joint projects.

This…

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