Market

Oil Rises 3% at Settlement Following Strait of Hormuz Closure

Doha: Oil prices rose by more than 3 percent at settlement today, as concerns persisted over tight supply following the closure of the Strait of Hormuz. Brent crude futures for June delivery increased by $3.03, or 2.8 percent, to settle at $111.26 per…

Qatar National Cement Company’s Profits Marginally Increase

Doha: Qatar National Cement Company recorded a marginal increase of 0.06 percent during the first quarter of 2026, reaching QR 30.68 million, compared to QR 30.66 million during the same period of 2025.

According to Qatar News Agency, the company’s…

Mannai Corporation’s Profits Rise by 20.58 Percent

Doha: Mannai Corporation, a Qatari public shareholding company, reported a 20.58 percent increase in net profit for the first quarter of 2026, reaching QR 41 million, compared to QR 34 million in the same period last year.

According to Qatar News Age…