Search
Close this search box.

Category: Industry

US Stock Indices Mixed at the Start of Trading

New york: Major stock indices on Wall Street opened mixed on Wednesday. The S and P 500 fell 7.2 points, or 0.10 percent, to 7131.61. The Nasdaq Composite dropped 57.3 points, or 0.23 percent, to 24606.527 at the start of trading. In contrast, the Dow…

Read More

QGIRCO Profit Up 28.6%

Doha: Qatar General Insurance and Reinsurance Company (QGIRCO) reported a 28.6% year-on-year rise in net profit for Q1 2026, reaching QAR 63.85 million, compared to QAR 49.64 million in the same period last year.

According to Qatar News Agency, fina…

Read More

Gold Prices Continue to Decline

Doha: Gold prices fell for the third consecutive session on Wednesday as inflation concerns linked to the ongoing conflict in the Middle East overshadowed monetary policy expectations. Spot gold fell 1 percent to $4,550.39 per ounce, after hitting its…

Read More

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…

Read More

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,…

Read More

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…

Read More