Doha: Qatari German Medical Devices Company (QG Medical Devices) revealed a net loss of QR 68.485 million in 2024 in comparison to a net profit of QR 1.335 million for the same period of the previous year. According to Qatar News Agency, data from the company posted on Qatar Stock Exchange’s website indicated that the loss per share amounted to

Doha: Qatar National Bank (QNB) anticipates that uncertainty surrounding US trade and fiscal policies will heighten concerns about a potential recession, leading to increased market volatility and a decline in investor and consumer confidence. This, in turn, could significantly alter growth projections. According to Qatar News Agency, QNB’s weekly economic report mentioned its earlier downward revision of US GDP growth,

Doha: Qatar Chamber launched on Saturday its new 2025-2030 strategy, focusing on resource sustainability and service development to keep pace with digital transformation and economic changes. The strategy’s vision is to position Qatar as a global strategic hub for the private sector, making it the top choice for doing business, while its mission is to promote and support the Qatari

Muscat: The main index of the Muscat Stock Exchange rebounded last week after five consecutive weeks of decline, driven by increased investor interest in the shares of several companies ahead of the conclusion of the annual dividend distribution season. According to Qatar News Agency, the index closed at 4,410 points by the end of last week’s trading, gaining 23 points.

Kuwait City: The price of Kuwaiti oil rose by 89 cents to reach $76.60 per barrel in trading on Friday, compared to $75.71 per barrel the previous day, according to the price announced by Kuwait Petroleum Corporation. According to Qatar News Agency, in global markets, Brent crude futures increased by 16 cents, reaching $72.16 per barrel, while US West Texas

Doha: Egyptian President Abdel Fattah El-Sisi stated today that Egypt is facing monthly losses of approximately USD 800 million in Suez Canal revenues due to ongoing regional instability. According to Qatar News Agency, El-Sisi acknowledged the economic challenges but highlighted positive indicators within Egypt’s economy. He pointed to the International Monetary Fund’s recent approval of a new aid tranche as

Doha: European stocks closed higher Monday, boosted by gains in energy and healthcare stocks, as investors focused on fiscal reforms in Germany and the Russia-Ukraine war. The pan-European Stoxx 600 index closed 0.8 percent higher, kicking off the week on a positive note. According to Qatar News Agency, the index extended gains from last Friday, when it recorded its biggest

Doha: Exchange rates for foreign currencies have been updated as issued by Qatar National Bank (QNB) on Monday. The revised rates reflect both the buying and selling values for a range of currencies. According to Qatar News Agency, the buying and selling rates for the currencies are as follows: The A.E. Dirham is set at 0.97800 for buying and 1.00100