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Qatar Diamond Exchange Joins World Federation of Diamond Bourses

Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the body that unites the world’s leading diamond bourses under common trading rules and a shared code of conduct. Qatar …

Baladna Reports 10.15% Surge in First-Half 2026 Net Profit

Doha: Baladna, a Qatari public shareholding company, reported a 10.15% increase in net profit in the first half of the current year, reaching QAR 364.614 million compared with QAR 331.010 million for the same period of the previous year.

According t…

Kuwaiti Oil Price Drops by USD 4.49 Amid Global Market Decline

Doha: The price of Kuwaiti crude oil experienced a decline of USD 4.49, settling at USD 83.07 per barrel during Tuesday’s trading session. This drop comes in contrast to the previous session where the price was recorded at USD 87.56 per barrel, as rep…

Australia’s Inflation Slows to 3.8% on Lower Fuel Costs

Doha: Australia’s annual inflation rate eased to 3.8% in June from 4.0% the previous month, while underlying inflation remained below the central bank’s forecast, according to data released on Wednesday by the Australian Bureau of Statistics (ABS).