Market

Nikkei Drops from Record on Profit-Taking

Tokyo: The Nikkei index fell 1 percent on Wednesday, as investors took profits following the rise that pushed the Japanese index to a record level at the close in the previous session. The Nikkei dropped 1.06 percent to 51,961.98 points, while the bro…

QEWC Unveils New Corporate Identity as ‘Nebras Energy’

Doha: The Qatar Electricity and Water Company (QEWC) has announced the launch of its new corporate identity under the name Nebras Energy. This strategic transformation is based on decades-long milestones as a key provider of electricity and water solu…

Oman Crude Drops USD 1.07 Per Barrel

Muscat: The official price of Oman crude oil for March 2026 delivery stood at USD 58.60 per barrel on Wednesday. The price of Oman crude oil fell by USD 1.07, compared to Tuesday’s price of USD 59.67.

According to Qatar News Agency, the monthly aver…

Kuwaiti Oil Price Rises by USD 1.11 Per Barrel

Kuwait city: The price of a barrel of Kuwaiti oil rose by USD 1.11 to reach USD 58.14 per barrel in trading yesterday, Tuesday, compared to USD 57.03 in trading last Monday. This increase was announced by the Kuwait Petroleum Corporation.

According …