Day: October 14, 2024

Doha: Masraf Al Rayan (a Qatari public shareholding company) net profits increased by 4.1 percent in the first 9 months of 2024 to reach QR 1.288 billion, compared to QR 1.237 billion in the same period of 2023. Data issued by the bank and posted on ...

China's first independently developed and independently built ultra-deepwater gas field, Shenhai Yihao has recorded an accumulated natural gas output of over 9 billion cubic meters to date, with an oil output exceeding 900,000 cubic meters. Shenhai Y...

Doha: Alijarah Holding Company disclosed its financial results for the period ending Sept. 30, 2024, reporting a 15.59-percent increase in net profit to reach QAR 13.69 million, compared to QAR 11.84 million for the same period in 2023. Earnings per ...

China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Monday. Financial institutions will factor in a company's qualit...

Doha: HE Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, inaugurated the 17th Arab Steel Summit and the accompanying International Iron and Steel Exhibition by calling for positioning the Arab iron and steel industry firmly on the glo...

Gold prices drifted lower on Monday as the US dollar strengthened, while market participants awaited fresh cues on the Federal Reserve's monetary policy path. Spot gold fell 0.4% to $2,646.75 per ounce after rising 1% in the previous session. US gold...

Oil prices fell by more than $ 1 a barrel, losing over 1.5% in early trading on Monday, after frustrating Chinese inflation information and a lack of clarity on Beijing's financial stimulus strategies stoked worries about demand. Brent crude futures ...