Doha: Oil prices fell by more than one percent at settlement on Friday to mark the biggest weekly losses since late March. The decline was driven by cautious sentiment among traders ahead of an upcoming OPEC+ meeting that will determine production policy for June. According to Qatar News Agency, Brent crude futures dropped by 84 cents, or 1.4%, to settle

Doha: The Eurozone’s manufacturing sector contracting in April. According to Qatar News Agency, the index’s reading for April came in at 49, up from 48.6 in March. Readings below 50 indicate a contraction, while readings above it signal growth. Manufacturing output in April recorded its strongest growth in just over three years. However, new orders continued to decline slightly, with

Kuwait City: The price of Kuwait crude oil dropped by 2.41 USD, settling at 62.41 USD per barrel in Friday’s trading, compared to 64.82 USD per barrel on Wednesday. According to Qatar News Agency, on the global market, Brent crude futures fell by 84 cents to 61.29 USD per barrel, while US West Texas Intermediate (WTI) crude futures declined by

Doha: China produced 87.24 tons of gold in the first quarter of 2025, marking an increase of 1.28 tons, or 1.49 percent, year-on-year, according to data released by the China Gold Association (CGA). According to Qatar News Agency, the data showed that gold consumption in the Chinese market declined by 5.96 percent year-on-year during the first quarter, totaling 290.49 tons.

Doha: Qatar National Bank (QNB) highlighted significant global economic imbalances, particularly concentrated in the United States economy, both in terms of flows (current account deficits) and stocks (cross-asset positions). It warned that a further deterioration of these imbalances could increase the likelihood of a disorderly adjustment in global markets. According to Qatar News Agency, the bank’s weekly commentary explained that

Doha: Qatar Tourism (QT) and Visit Qatar have successfully concluded their participation in the 32nd edition of Arabian Travel Market (ATM) 2025, held recently at the Dubai World Trade Centre. The event provided Qatar with a significant platform to highlight its growing position as a leading global tourism destination. According to Qatar News Agency, QT stated that a delegation of

Doha: The eight-member OPEC+ group, including Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual meeting Saturday to review oil market developments and future prospects. The participating nations agreed to adjust production by 411,000 barrels per day in June, compared to the required level in May, representing three consecutive monthly increases. According to Qatar News

Doha: Qatar’s tourism sector began 2025 with strong momentum, welcoming over 1.5 million international visitors between January and March. This surge was driven by an integrated tourism strategy that combines high-profile events, strategic partnerships, and diversified destination experiences. According to Qatar News Agency, Qatar Tourism reported that visitors from GCC countries accounted for 36 percent of the total, followed by