Brussels: Economic activity in the euro area contracted in April, marking its first decline in 16 months, amid pressures stemming from the war in the Middle East and the resulting rise in energy prices and disruption of global supply chains.
Accord…
Egypt: Oil prices rose on Friday on concerns that renewed Middle East tensions and disruptions in the Strait of Hormuz could tighten global supply. Brent crude futures rose $1.23, or 1.17%, to $106.30 per barrel, while US West Texas Intermediate (WTI)…
New york: US stocks closed lower on Thursday after volatile trading, amid anticipation of earnings reports and renewed concerns about disruptions caused by artificial intelligence in the software sector.
According to Qatar News Agency, the Standard …
Doha: Gold prices dropped amid volatile trading Thursday, as rising oil prices heightened concerns about inflation and persistently high interest rates. Meanwhile, investors are awaiting clearer direction on the potential peace talks between the Unite…
Damascus: Syrian Minister of Finance Mohammed Yasser Barnieh affirmed that cooperation with the Qatar Fund for Development (QFFD) in the project to assess the financial and banking sector represents an important strategic step in a qualitative transfo…
Qatarenergy: QatarEnergy has marked the first LNG export cargo from the Golden Pass LNG project in Sabine Pass, Texas, in the United States-a joint venture between QatarEnergy and ExxonMobil. Marking an important step towards the project’s commencemen…
Muscat: European stocks closed mixed Thursday, as investor concerns over the collapse of peace talks between the United States and Iran and weak economic data overshadowed positive corporate earnings. The pan-European Stoxx 600 index ended trading unc…
Doha: Qatar Aluminum Manufacturing Company (QAMCO), a Qatari public shareholding company, saw its net profit jump by 33.5 percent during the first quarter of this year, reaching QR 208.93 million, compared to QR 156.41 million during the same period l…