Oil futures rebounded more than $1 a barrel from 7-week lows.
Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.
US West Texas Intermediate (WTI) crude futures rose $1.15, …
Gold prices firmed on Wednesday, heading for a monthly gain on the back of growing optimism about US interest rate cuts.
Spot gold was up 0.4% at $2,416.79 per ounce, and has gained nearly 4% for the month. US gold futures added 0.5% to $2,414.80.
S…
Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States.
Brent crude futures decreased by 77 cents, or 0.97 percen…
Qatar Central Bank (QCB) announced Tuesday the launch of “Request to Pay” option through “Fawran” service, in line with the Third Financial Sector Strategic Plan, and in continuation of its efforts to improve the instant payment system in the country….
Qatar Islamic Insurance Group (a Qatari public shareholding company) profits grew by 23.18 percent, reaching QR 79,124, 605 by the end of the first six months of this year, compared to QR 64, 230,759 , during the same period last year.
The company sa…
The general index of Qatar Stock Exchange (QSE) dropped 22.43 points, or 0.22 percent, at the beginning of trading on Tuesday, reaching 10,147 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in six sectors: Te…
Dubai, The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office has launched the Charter for the Development and Use of Artificial Intelligence in the UAE, aimed at achieving the objectives of the UAE Strategy for Artifi…
Ooredoo, a Qatari public shareholding company, has achieved a net profit of QR1.861 billion, in the first half of 2024, representing a 14% increase compared to the profits realized in the same period of 2023, which were QR1.625 billion.
Chairman of O…
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency