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Category: Industry

Dollar Steady at over 2-Month High

The US dollar was perched at an over two-month high against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with modest rate cuts in the near term, pinning the yen closer to the key 150 per dollar level.

The euro also …

UDC Signs Agreement to Sell 40% Stake in Qatar Cool to QIA

United Development Company (a Qatari public shareholding company) signed a conditional sale and purchase agreement with Investco Holding Company, a wholly owned subsidiary of Qatar Investment Authority (QIA), worth QR 793.4 million, in exchange for 40…

QSE Index Closes 1.57 Percent Higher

Qatar Stock Exchange (QSE) Index closed Tuesday’s trading session up by 164.66 points, or 1.57 percent, to reach 10,642.47 points.

During the session, 223,684,406 shares were traded, with a total value of QAR 710,794,396.121 resulting from 20,672 tra…

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