Market

Mesaieed Petrochemical Holding Reports Decline in Profits

Doha: Mesaieed Petrochemical Holding Company, a Qatari public shareholding company, reported a 5% decline in net profits during the first half of this year, reaching QAR 378.706 million compared to QAR 398.380 million in the same period last year.

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MOCI Issues Directive Against Non-Compliant Car Sales

Doha: The Ministry of Commerce and Industry (MOCI) has issued a circular warning car sales outlets against selling, displaying, offering, promoting, advertising, supplying, or trading new and used cars that do not comply with Gulf standard specificati…

Oil Rises as US-China Tariff Extension Lifts Trade Hopes

Doha: Oil prices rose on Tuesday after the United States and China agreed to extend a pause on higher tariffs, easing concerns that an escalation of their trade dispute could damage economic growth and curb fuel demand in the world’s two largest oil c…