London: First-quarter adjusted earnings, Shell’s definition of net profit, rose to $6.92 billion, on Thursday. Shell reported adjusted earnings of $5.58 billion over the same period a year ago. At the same time, Shell cut its quarterly share buy-back …
Kuwait: The Institute of International Finance revealed that global debt reached a record high of around $353 trillion by the end of last March. In its quarterly Global Debt Monitor report, the institute said there were signs that investors were movin…
Dubai: Ooredoo Group has announced a strategic partnership with du, a leading telecom and digital services provider, to land the Fibre in the Gulf (FIG) subsea cable system in the UAE. This development marks a significant advancement in creating a hig…
Kuwait: Oil prices fell by more than 7 percent at settlement today. Brent crude futures settled down $8.60, or 7.83 percent, at $101.27 a barrel, while U.S. crude futures settled down $7.19, or 7.03 percent, at $95.08 a barrel.
According to Qatar Ne…
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 May 3 to May 7, 2026, reached QAR 586,055,471. Meanwhile, the total sales contracts for resident…
Doha: Gold prices rose more than 1% on Wednesday, buoyed by a weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a US-Iran peace deal. Spot gold was up 1.7% at $4,633.31 per ounce, while…
Washington: The US Energy Information Administration confirmed that US inventories of crude oil, gasoline, and distillates declined over the past week. In a statement issued on Wednesday, the agency said crude oil inventories fell by 2.3 million barre…
Doha: The Qatar Stock Exchange (QSE) index closed higher, gaining 144.63 points, or 1.38 percent, to settle at 10,649.25 points.
According to Qatar News Agency, a total of 189,901,152 shares were traded, with a total value of QAR 487,007,721.404 ac…