May 16, 2026

US Stocks End Week Lower

Doha: US stocks closed lower Friday, ending a strong week on a negative note. The S and P’s 500 index fell by 92.74 points, or 1.24 percent, to 7408.5 points. The Nasdaq Composite Index also fell by 410.077 points, or 1.54 percent, to 26,225.145 point…

German Economy Faces Slowdown Amid Global Uncertainties

Berlin: The Federal Ministry for Economic Affairs and Energy of Germany forecast a clear slowdown in the German economy during the second quarter of this year amid rising prices, supply chain problems, and uncertainty linked to developments in the war…

QNB: Eurozone Faces Growth Downturn Amid Geopolitical Setbacks

Brussels: Qatar National Bank (QNB) has reported distinct indicators pointing to a deterioration in the economic growth outlook across the Eurozone, driven primarily by an accelerating slowdown in both the manufacturing and services sectors across sev…

Kuwaiti Oil Price Rises by $1.87 to $124.03 Per Barrel

Doha: The price of Kuwaiti oil increased by $1.87, reaching $124.03 per barrel in Friday’s trading session. This is an increase from $122.16 per barrel in the previous trading session, as reported by the Kuwait Petroleum Corporation (KPC).

According…