Market

Qatari Banks’ Assets Hold Steady at QR 2,197 Billion in June

Doha: The monthly report issued by QNB Financial Services (QNBFS) for June 2026 showed the stability of the performance of the Qatari banking sector, with banks maintaining strong levels of liquidity, and assets, loans, and deposits remaining stable o…

Al Mahhar Half-Year Net Profit Rises 4.5%

Doha: Al Mahhar Holding Company’s net profits rose by 4.5 percent during the first half of 2026 to reach QAR 27.33 million, compared to QAR 26.15 million during the same period in 2025.

According to Qatar News Agency, data from the company, publishe…

Dollar Near 6-Week Low, Yen Steadies

Tokyo: The US dollar held near six-week lows on Wednesday as currency markets awaited further developments after pressure on the Japanese yen eased. The US dollar index, which tracks the currency against six major peers, was little changed at 99.85, s…

Oil Extends Declines as Markets Await US-Iran Talks

Oil prices rose slightly on wednesday after steep falls in the previous two trading sessions:ran war and restore shipping through the Strait of Hormuz. Brent crude futures dropped 92 cents, or about 1.2%, to $78.44 a barrel. They have tumbled more tha…