Market

QSE Index Closes 2.41 Points Lower

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday’s trading session with a slight decrease of 2.41 points, or 0.02 percent, settling at 10,193.89 points.

During the session, 139,616,727 shares were traded, amounting to a value of QR 324,340,9…

QIB Profits Surge 5.6% in H1 2024

Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.

Basic earnings per share for the six months ending June 30, 2024,…

Oil Prices Down After China Reports Subdued GDP Growth

Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.

Global crude benchmark Brent was down 0.67 to $84.28 per barrel.

The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…