Market

Qatar Energy Acquires New Exploration Interest Offshore Egypt

Doha: Qatar Energy has completed a farm-in transaction with Eni, acquiring a 40% participating interest in the North Rafah exploration block offshore the Arab Republic of Egypt. The agreement, recently approved by the government of Egypt, grants Qatar…

Mekdam Holding Profits Surge 8.25 Percent in 2025 Q3

Doha: Mekdam Holding Group, a Qatari public shareholding company, reported an 8.25 percent increase in net profits during the first nine months of 2025, reaching QAR 27.82 million, compared to QAR 25.7 million in the same period in 2024.

According t…

Saudi-British Talks to Strengthen Trade and Economic Relations

Riyadh: Saudi Minister of Commerce Majed bin Abdullah Al Qasabi met on Monday with UK Chancellor of the Exchequer Rachael Reeves and Investment Minister Jason Stockwood to discuss ways to strengthen trade and economic relations between the two countri…