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Category: Industry

QSE Index Drops 0.57% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 60.15 points, or 0.57%, at the start of trading on Sunday, down to the level of 10,405 points, compared to Thursday’s closing.

The index was weighed dawn by a decline in all sectors: Telec…

Cross-Border Renminbi Use Up 20% in First 8 Months of 2024

The Chinese renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the Chinese currency in the global market, a central bank report showed.

The People’s Bank of China’s 2…

Qatar, Uzbekistan Chambers Discuss Boosting Cooperation

Doha: Qatar Chamber discussed with Uzbekistan Chamber of Commerce and Industry the investment climate in both countries, and highlighted opportunities for partnerships and cooperation between Qatari and Uzbek business owners, and ways to boost trade e…

US Economy Adds More Jobs, Unemployment Rate Falls to 4.1%

The US job rate rose in September, and the unemployment rate fell to 4.1 percent, further reducing the need for the Federal Reserve (the US central bank) to continue cutting interest rates by large percentages in its next two meetings this year.

The …

Basra crude achieves significant weekly gains

Basra crude “heavy and medium” achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains.

Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of …

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