Doha: Mannai Corporation discloses the interim financial statement for the six-month period ending Jun.30, 2024. The financial statements revealed that the Net Profit of the corporation jumped by 76.31 percent in the first half of 2024, to reach QR 67…
The Reserve Bank of New Zealand (RBNZ) cut its main interest rate Wednesday by 25 basis points to 5.25 percent in first easing move since March 2020.
RBNZ indicated progress in reducing inflation to the target range of 1 to 3 percent annually, expect…
Doha: The net profits of Qatar Insurance Group (a Qatari public shareholding company) increased by 11 percent in the first half of 2024 to reach QAR 360 million, compared to QAR 325 million for the same period of the previous year.
Data issued by the…
Oil prices climbed on Wednesday after an industry report showed US crude and gasoline inventories fell, as the market watched for a possible escalation of conflict in the Middle East, which may impact global oil supplies.
Brent crude futures rose 56 …
Baghdad, Oil prices stabilized on Tuesday, breaking a five-day winning streak as markets refocused on demand concerns after OPEC lowered its 2024 demand growth forecast yesterday, Monday, due to weak expectations in China.
Brent crude futures fell 30…
The dollar stabilized on Monday as traders awaited US economic data to gauge its impact on the prospects of a larger-than-expected interest rate cut, while a rise in Japanese stocks helped stem losses from yen carry trades. The dollar index, which mea…