Market

QSE Index Closes Higher by 26.43 Points

Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading higher by 26.43 points, or 0.23 percent, to settle at 11,389.02 points. During the session, a total of 133,571,601 shares were traded, with a value of QAR 397,144,429.718, through 2…

New Zealand Keeps Interest Rates Unchanged

Wellington: The Reserve Bank of New Zealand left interest rates unchanged on Wednesday, as was widely expected, reaffirming the need to maintain accommodative monetary policy for some time to support the economic recovery.

According to Qatar News A…

Oil Trims Losses as Traders Assess Progress in US-Iran Talks

Singapore: Oil prices steadied in Asian trade on Wednesday after falling about 2% in the previous session as investors assessed progress in US-Iran talks but remained cautious about the prospects of a final deal that could ease supply concerns. Brent …

Maersk Acquires Stake in Jeddah Port’s South Container Terminal

Jeddah: The Saudi Ports Authority (Mawani) announced that Maersk Group, through its wholly-owned subsidiary APM Terminals, has acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port.

According to Qatar News Agency, this move s…