Day: April 24, 2024

UDC’s Net Profit Decreases 13.6% in Q1 2024

Doha: United Development Company’s (UDC) announced its financial results for the first quarter of 2024, reporting net profit of QR 76 million in comparison to net profit QR 88 million for the same period of the previous year, a decrease of 13.6%.

UDC…

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Kuwait Crude Oil Up $1.95

Kuwait crude oil went up by $1.95 during Tuesday’s trading to reach $89.12 per barrel compared with $87.17 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

Benchmark Brent futures increased by $1.42 to $88.42 pb, and West Texas I…

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UAE, Oman Establish $35.12 billion Agreements and MoUs

The UAE and Oman signed Tuesday several multi-field agreements, memorandums of understanding and investment partnerships worth AED 129 billion ($35.12 billion).

The signing was done during the UAE-Oman Business Forum, on the sidelines of Sultan Haith…

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