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Category: Industry

Qatar Stock Index Closes Lower After Wednesday’s Trading

Doha: The Qatar Stock Exchange (QSE) index ended Wednesday’s session down 78.45 points, or 0.77%, at 10,176.15 points. A total of 153,171,423 shares were traded, with a total value of QR 348,786,204.959, through 22,392 transactions across all sectors….

Oil Prices Surge Over 3% Amid Middle East Tensions

Doha: Oil prices gained more than 3% on Wednesday amid escalating tensions in the Middle East. Brent crude futures increased by $2.40, or 3.2%, reaching $76.56 a barrel. Similarly, US West Texas Intermediate crude climbed $2.26, or 3.2%, to settle at …

IMF Downgrades Global Growth Forecast to 3% for 2026

Washington: The International Monetary Fund (IMF) on Wednesday downgraded its global growth forecast for 2026 to 3%, warning of persistent risks posed by the war in the Middle East and potential corrections in market expectations regarding artificial …

European Indices Open Lower

Washington: European stock markets declined on Wednesday amid renewed tensions in the Middle East, which pushed up oil prices and government bond yields. Among the major markets, Germany’s DAX index in Frankfurt fell 0.88%, Britain’s FTSE 100 index in…

China’s Foreign Exchange Reserves Decline in June

Beijing: China’s foreign exchange reserves stood at 3.4163 trillion US dollars at the end of last month, marking a decrease of 26 billion US dollars, or 0.75%, from the level recorded at the end of May, as revealed by official data on Tuesday.

Accor…

Japan Stocks Close Sharply Lower as Chip Shares Impact Market

Japan: Japan’s stocks closed sharply lower on Wednesday, dragged down by heavyweight technology and semiconductor-related shares, with the benchmark Nikkei posting its weakest close in nearly a month.

According to Qatar News Agency, the Nikkei 225 …

QNB Reports 3.2% Increase in H1 2026 Net Profit

Qatar: Qatar National Bank (QNB) Group’s net profit rose by 3.2 percent in the first half of 2026 to reach QR 8.670 billion, compared to QR 8.4 billion in the same period of 2025.

According to Qatar News Agency, data released by the group and publis…

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