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Category: Industry

Oil Prices Slump more than 4%

Oil prices tumbled more than $3 a barrel on Monday amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. Brent was at $72.88 a barrel, down $3.17, or 4…

Dollar Rises Supported by US Bond Yields

The dollar rose Monday, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was…

Profit of Baladna Surges 118.4%; QEWC’s Profit Rises 7%

Doha: Baladna’s net profits surged 118.4 percent in the first nine months of 2024 to reach QR 141.014 million, compared to QR 64.555 million for the same period of the previous year.

Data issued by the company and published on the Qatar Stock Exchang…

QSE Index Closes 1.53 Percent Higher

Doha: The Qatar Stock Exchange (QSE) index closed today’s trading session up by 159.45 points, or 1.53 percent, to reach 10,559.95 points.

During the session, 233,085,300 shares were traded, with a total value of QR 451,288,247.580, in 12,630 transac…

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