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Category: Industry

Dollar Steady Amid Ongoing Regional Tensions

Doha: The dollar largely stabilized on Thursday as renewed US-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency. The dollar index, which measures the greenback against a basket of currencies, was flat at 101.11.

Oil Hits Six-Week High as Middle East Tensions Persist

Oil prices rose more than 1.5% thursday:il prices rose more than 1.5% Thursday, reaching their highest level in over six weeks, amid renewed military tensions between the US and Iran and concerns about supply disruptions. Brent crude futures rose $1.9…

Gold Retreats From Two-Week High as Oil Prices Rise

Gold prices retreated on thursday from their highest level in two weeks:old prices retreated on Thursday from their highest level in two weeks, amid escalating tensions in the Middle East and rising oil prices. Spot gold settled at $4,132.01 per ounce…

Qatar National Bank Announces Currency Rates Against US Dollar

Doha: Qatar National Bank (QNB) has released the latest currency exchange rates against the US Dollar as part of its financial updates. These rates are intended to guide financial transactions and currency exchanges within the region and beyond.

Acc…

China’s Fiscal Revenue Sees 4.7% Increase in First Half of 2026

Beijing: China’s fiscal revenue expanded 4.7% year on year to 12.1 trillion yuan (about 1.78 trillion US dollars) in the first half (H1) of 2026, data from the Ministry of Finance revealed. The pace of growth continued to pick up from 4% in the first …

Al Rayan Qatar ETF Reports H1 2026 Financial Results

Doha: Al Rayan Qatar ETF has disclosed its interim condensed financial statements for the six-month period ended June 30, 2026. The statement reveals that the net asset value as of June 30, 2026, amounted to QAR 446,624,266, which translates to QAR 2….

South Korea’s GDP Expands 0.6% in Q2 of 2026

Seoul: The South Korean economy grew 0.6% in the second quarter from a quarter earlier on robust exports, with 3% annual growth within reach, central bank data showed Thursday. The country’s real gross domestic product (GDP), a key measure of economic…

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