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June 26, 2024

Steady Dollar Sends Yen to the Brink of 160

The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of US price data at the end of the week.

The euro eased marginally overnight and was steady at $1.0708 i…

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QSE Index Rises 0.08% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 7.78 points, or 0.08%, at the beginning of trading on Wednesday, reaching 9,835 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in four sectors: Banks a…

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Saudi Stock Market Index Closes Lower

Doha: Saudi Stock Exchange’s main index closed lower on Sunday, shedding 5.97 points to end at 11,690.61 points, with total trading value reaching SR 4.1 billion.

According to Qatar News Agency, the total number of shares traded stood at 190 million…

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KPI Acquires 50 Percent Stake in Italy’s Eco Fox

Kuwait Petroleum International (KPI) announced on Wednesday completing the agreement to acquire a 50 percent stake in Italy’s Ecofox, a company wholly owned by Fox Petroli, which specializes in the production of biofuels.

In a statement , KPI said th…

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