Category: Industry

European Shares Close Higher Despite Rising Oil Prices

Doha: European stock markets closed higher on Wednesday despite a rise in oil prices, as investors awaited earnings reports from several major companies across the region. The pan-European Stoxx 600 index gained 0.6%, while Germany’s DAX rose 0.65%.

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US Oil Inventories at Lowest Level Since 1984

Doha: The US Energy Information Administration (EIA) announced that total US crude oil inventories, comprising both commercial stockpiles and the Strategic Petroleum Reserve, decreased by 131.6 million barrels to 723.1 million barrels last week. This …

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Doha Bank Launches New Brand Identity

Doha: Doha Bank launched on Wednesday its new brand identity. The Bank said that the new identity reflects the trust it has successfully built since the beginning of its journey, the progress achieved through its strategic transformation, and its futu…

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Oil Prices Surge 3% Amid Middle East Supply Concerns

Doha: Oil prices spiked again, trading near a six-week high on Wednesday, gaining around 3%, as supply concerns increased due to escalating crises in the Middle East.

According to Qatar News Agency, Brent crude futures rose around 3%, or $2.31, to r…

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Saudi Stocks End Wednesday Trading Higher

Doha: The main Saudi stock market index closed today, rising 76.65 points, closing at 10,775.46 points, with trading valued at SAR 3.7 billion.

According to Qatar News Agency, the volume of shares traded reached 167 million shares, in which the shar…

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Turkiye Targets $10 Billion in Trade Volume with Syria

Doha: Turkish Trade Minister Omer Bolat announced that trade between Turkiye and Syria reached approximately $3.75 billion last year, marking an increase of more than 40%. He stated that both countries are working to raise bilateral trade to $10 billi…

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