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Category: Industry

Oil prices fall despite the dollar’s decline

Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.

The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …

European Stock Indices Close at Highest Level in More Than Month

European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.

The European Stoxx 600 index clo…

Real Estate Trading Volume Exceeds QR 450 Million in Week

Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from June 30 to July 4, 2024 reached QR 419,378,464, while the total sales contracts for residential …

QIMC Announces Start of Trial Operation of Gizaz Factory

Doha: Qatar Industrial Manufacturing Company (QIMC) announced today the start of the trial operation of the Gizaz factory for glass containers.

CEO of QIMC and Chairman Gizaz Glass Containers Company Abdulrahman Abdullah Al Ansari said that the trial…

Oil Prices Tick Up as Crude, Gasoline Inventories Ease

Oil prices edged higher on Thursday as crude stocks fell after US refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.

Brent futures rose 35 cents, or 0.4% to $85.43 a barrel. US West Texas Intermediate (WTI)…

Bank of Korea Continues to Freez Interest Rate

South Korea’s central bank froze its key rate at 3.5 percent for the 12th straight session Thursday.

The Bank of Korea (BOK) has continued to stand pat following rate freezes since February last year after delivering seven consecutive rate hikes from…

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