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Category: Industry

UAE to Leave OPEC and OPEC+ Starting May 1st

Abu dhabi: The United Arab Emirates (UAE) announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1.

According to Qatar News Agency, this decision reflects the UAE’s long-term strategic an…

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Gold Prices Decline

Gold prices fell tuesday: Spot gold was down 0.2% at $4,670.89 per ounce.

According to Qatar News Agency, US gold futures for June delivery fell 0.2% to $4,684.70. Spot silver fell 1.2% to $74.61 per ounce, platinum remained steady at $1,984.19, and…

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Al Mahhar Holding Reports 20.9% Rise in Q1 Net Profit

Doha: Al Mahhar Holding has posted a 20.9% increase in net profit for the first quarter of the year, according to data published on the Qatar Stock Exchange website.

According to Qatar News Agency, the company’s net profit rose to QR 14.44 million, …

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Baladna’s Net Profit Rises by 5.6 Percent in Q1 2026

Doha: Baladna’s Net Profit has increased by 5.6 percent in Q1 2026, reaching QR 61,495,616, compared to last year’s net profit of QR 58,231,428 during the same three-month period ending March 31.

According to Qatar News Agency, Earnings per Share (E…

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