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April 23, 2024

Minister of Finance Participates in the 4th FfD Forum

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari participated in the 4th annual United Nations (UN) Economic and Social Council (ECOSOC) Forum on Financing for Development (FfD) in a session titled “The Road to FfD” which was held at the UN he…

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Kuwait Crude Oil Drop $1.21

Kuwait, Kuwait crude oil dropped $1.21 during Monday’s trading sessions to reach $87.17 per barrel compared with $88.38 pb last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

Benchmark Brent futures lost 29 cents to $87 pb and West Texas In…

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Gold Falls to Lowest Levels in More than 2 Weeks

Singapore, Gold prices fell on Tuesday to their lowest levels in more than two weeks on easing concerns of an escalation in the Middle East crisis.

Spot gold was down nearly 1% at $2,304.99 per ounce. US gold futures fell 1.2% to $2,318.80.

Among ot…

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QEWC Records Net Profits of QR 318 Million in 2024 Q1

Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.

The company stated that the earnings per share for …

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