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Ahli Bank’s Net Profits Rise by QR 13.5 Million in 2024 Q1

Doha: The net profit of Ahli Bank, a Qatari public shareholding company, increased by about QR 13.5 million for the first quarter of 2024, reaching a net profit of QR 218.064 million compared to a net profit of QR 204.596 million for the same period l…

Kuwait Crude Oil Drop $1.21

Kuwait, Kuwait crude oil dropped $1.21 during Monday’s trading sessions to reach $87.17 per barrel compared with $88.38 pb last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

Benchmark Brent futures lost 29 cents to $87 pb and West Texas In…

Commercial Bank’s Net Profit Jumps by 38.8 Percent in Q1 2024

Doha: Commercial Bank’s Net Profit jumped by 38.8 percent in the first quarter of 2024 to reach QR 801.6 million compared to a Net Profit of QR 577.2 million for the same period of the previous year.

The financial statement issued today by Commercial…

QEWC Records Net Profits of QR 318 Million in 2024 Q1

Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.

The company stated that the earnings per share for …