Market

Zad Holding’s Profits Rise 3.45% in H1 of 2024

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…

China’s Foreign Exchange Reserves Up 1.06 Percent in July

China’s foreign exchange reserves totaled 3.2564 trillion US dollars as of the end of July, up by 34 billion dollars, or 1.06 percent compared to the end of June, the latest data showed.

The State Administration of Foreign Exchange said in a statemen…

QSE Index Declines Marginally at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 1.10 points, or 0.01%, at the beginning of trading on Thursday, reaching 10,075 points, compared to yesterday’s closing.

QSE general index showed a positive performance in Insurance by 1.4…

Oil Prices Rise Amid Sharp Fall in US Crude Inventories

Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.

Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US …