Category: Industry

GTA and Edaa Ink Agreement for Digital Data Exchange

Doha: The General Tax Authority (GTA) and Edaa have announced the signing of a groundbreaking electronic linkage agreement. This initiative is designed to enhance the systems of data exchange and improve the efficiency of tax operations. It aligns wit…

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Widam Narrows Q1 Losses by 49.8%

Doha: Widam Food Company, a Qatari public shareholding firm, reported a 49.8% year-on-year contraction in net losses for the quarter ended March 31, 2026. Financials published on the Qatar Stock Exchange website showed net losses of QAR 5.149 million,…

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Mosanada Profits Rise 13.25% in 2026 Q1

Doha: Mosanada Facility Management Services, QPSC, reported a 13.25 percent increase in net profit for the first quarter of 2026 to reach QR 9.4 million, compared to QR 8.3 million in the same period of 2025.

According to Qatar News Agency, financi…

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Oil Prices Rise Amid Reports of Supply Disruptions

Doha: Oil prices rose Wednesday, continuing the upward trend that began several days ago, amid reports of supply disruptions in the Middle East, one of the most important production regions. Brent crude futures for June rose 52 cents, or 0.47%, to $11…

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Kuwait Bourse Records Decline in Trading Session

Kuwait: Kuwait Bourse closed trading on Tuesday as the All Share Index lost 21.82 points to reach 8,659.27 points, a decrease of 0.25 percent.

According to Qatar News Agency, a total of 403.1 million shares valued at KWD 100.6 million (roughly USD 3…

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