Market

Australia’s Inflation Slows to 3.8% on Lower Fuel Costs

Doha: Australia’s annual inflation rate eased to 3.8% in June from 4.0% the previous month, while underlying inflation remained below the central bank’s forecast, according to data released on Wednesday by the Australian Bureau of Statistics (ABS).

Mekdam Holding’s Net Profit Falls 35% in First Half of 2026

Doha: Qatar-based Mekdam Holding (QPSC) reported a 35.09% decline in net profit for the first half of 2026, with earnings falling to QR12.204 million from QR18.804 million in the same period last year.

According to Qatar News Agency, data published …

Spot Value in Qatar Shows Currency Fluctuations Against US Dollar

Doha: Rates against the US Dollar as issued on Wednesday by Qatar National Bank (QNB) reveal the latest currency buying and selling values in Qatar. This update provides insights into the current financial landscape and assists individuals and busines…

Beema Insurance’s Net Profit Rises 16.14 Percent in H1 2026

Doha: Damaan Islamic Insurance Company’s (Beema) net profit for the first half of this year rose 16.14 percent to reach QAR 61.513 million in comparison to QAR 52.960 million for the same period in 2025.

According to Qatar News Agency, data posted o…