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Category: Industry

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,…

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Kuwaiti Oil Price Drops by More Than $3 Per Barrel

Kuwait city: The price of Kuwaiti oil dropped by $3.58, reaching $103.79 per barrel in trading on Monday, compared to $107.37 per barrel on Friday, according to the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Qatar News Agency, in gl…

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MEEZA QSTP’s Profits Rise 5.13 Percent in Q1 2026

Doha: MEEZA QSTP (a public limited company) reported a 5.13 percent increase in net profit to QR 13.788 million for the first quarter of 2026, compared to QR 13.115 million for the same period last year.

According to Qatar News Agency, data released…

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Kuwait Bourse Records Decline in Trading Session

Kuwait: Kuwait Bourse closed trading on Tuesday as the All Share Index lost 39.10 points to reach 8,869.35 points, a decrease of 0.44 percent. As many as 496.7 million shares valued at KWD 109.3 million (roughly USD 357.3 million) were traded via 30,6…

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