Market

ABB E-mobility Opens Regional Facility in Qatars Free Zones

Qatar Free Zones Authority (QFZ) and ABB E-mobility, a global leader in electric vehicles charging solutions, and the Public Works Authority (Ashghal), have officially opened the new ABB E-mobility facility in Umm Al Houl Free Zone.

In a statement, t…

Financial Analyst to QNA: Interest Rate Cuts Boost QSE Gains

Supported by the decision to cut interest rates, the Qatar Stock Exchange (QSE) index ended the current week’s trading with an increase of 0.63 percent, gaining 65.83 points, compared to last week’s closing, to reach 10,464.15 points.

In remarks to Q…

US Stocks Close Slightly Lower

– US stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points.

The S and P 500 lost 16.37 points, or 0.29%, to end at 5,618.21 points, while the Nasdaq Composite los…