Market

Dollar Steadies Near One-Month High Ahead of Fed Decision

Doha: The US dollar paused its climb on Wednesday but held near a one-month high, as traders awaited a Federal Reserve interest rate decision later in the day. Moves in currencies were largely subdued as investors stayed on the sidelines ahead of the …

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…

Mekdam Holding’s Net Profit Falls 35% in First Half of 2026

Doha: Qatar-based Mekdam Holding (QPSC) reported a 35.09% decline in net profit for the first half of 2026, with earnings falling to QR12.204 million from QR18.804 million in the same period last year.

According to Qatar News Agency, data published …

Spot Value in Qatar Shows Currency Fluctuations Against US Dollar

Doha: Rates against the US Dollar as issued on Wednesday by Qatar National Bank (QNB) reveal the latest currency buying and selling values in Qatar. This update provides insights into the current financial landscape and assists individuals and busines…