Doha: United Development Company (UDC), the master developer of The Pearl Island and Gewan islands, has announced its receipt of the prestigious International Safety Award 2024 from the British Safety Council. This accolade marks the fourth time UDC h…
Gold Slips Below $2,500 Mark
Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.
Spot gold was nea…
Oil Prices Jump $1 on Post Selloff Recovery
Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.
West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.
Brent crude futures we…
China’s Consumer Prices Rise 0.6% in August
China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.
The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…
QSE Index Rises 0.12% at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.
QSE general index was supported by a rise in most sectors: T…
Qatar Development Bank Unveils SME Guidebook 2024
Doha: Qatar Development Bank (QDB), in collaboration with the Ministry of Commerce and Industry, announced the launch of the SME Guidebook 2024 within the framework of its efforts to facilitate SMEs’ access to information, and to offer the necessary r…
QatarEnergy to Build 6 New QC-Max LNG Vessels at Chinas Hudong-Zhonghua Shipyard
QatarEnergy has signed an agreement on Monday with China State Shipbuilding Corporation (CSSC) for the construction of 6 additional state-of-the-art QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program t…
Iraq Announces New Investments in Gas Sector
The Iraqi Ministry of Oil announced Monday the investment of 1,250 million standard cubic feet of gas in three governorates.
It stressed its keenness to support all development projects, in addition to increasing the volume of investments in the oil…