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Category: Industry

Oil Slips, Brent Crude Records $88.87 pb

Oil prices edged lower on tuesday:52 GMT. US West Texas Intermediate (WTI) crude for September delivery was little changed at $82.47 per barrel.

According to Qatar News Agency, the modest decline in oil prices came amid ongoing market adjustments. T…

AlRayan Bank’s Net Profit Down 16% in H1 2026

Doha: AlRayan Bank’s net profit dropped by 16% in H1 2026 to reach QAR 687.5 million, compared to QAR 821.4 million in H1 2025. The financial report highlights a significant decline in earnings, reflecting the challenging economic conditions faced by …

US Imposes 50% Tariffs on Wide Range of Canadian Products

Doha: The White House announced that the United States will impose 50% tariffs on a wide range of Canadian products in response to what it described as Canada’s “discriminatory treatment” of US automobiles, dairy products, and other American goods.

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Dollar Steady Near One-week High Amid Middle East Tensions

Doha: The US dollar hovered near a one-week high on Tuesday, as global markets grappled with conflicting signals emanating from the Middle East. Hostilities in the region have renewed fears over energy supplies, while simultaneous hopes for a ceasefir…

Nakilat Profits Decline 0.31% in H1 of 2026

Doha: Qatar Gas Transport Company Limited (Nakilat) reported net profits of QR 856.96 million during the first half of 2026, compared to QR 859.63 million during the same period last year, thus recording a decrease of 0.31 percent.

According to Qata…

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