Oil prices jumped by over a dollar on Wednesday due to the development of the situation in the Middle East and fear of disruption of oil supplies.
Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while US West Texas Intermediate (WTI) crude rose…
Doha: Dukhan Bank (Q.P.S.C.) has successfully issued a $800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries.
The transaction marks the debut Senior Sukuk issuance f…
The dollar held its sharpest gain in a week on Wednesday, amid concerns over the situation in the Middle East.
The US dollar index rose about 0.5% overnight to 101.2, its largest rise since Sept. 25.
Early Asia moves were slight, leaving the euro be…
Doha: HE Chairman of Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al-Thani, stated that the future of artificial intelligence (AI) in the State of Qatar is promising, noting that Qatar is on track to become a leading country in this field.
His Excel…
The Ministry of Electricity announced today, Wednesday, the loss of about (7100 megawatts) due to the decrease in the releases of national gas and the supplier operating the production stations.
The ministry said in a statement: “There is a specifica…
Doha: In August 2024, the State of Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.8 billion almost, i.e., a decrease of about QR 1.5 billion or 7.2% compared to A…
Doha: HE Chairman of Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al-Thani, stated that the future of artificial intelligence (AI) in the State of Qatar is promising, noting that Qatar is on track to become a leading country in this field.
His Excel…
The Iraqi-Turkish Joint Planning Group discussed the framework agreement concluded following the visit of Turkish President Recep Tayyip Erdogan to Iraq.
A statement by the Ministry of Foreign Affairs stated that the Undersecretary of the Ministry fo…