Governance News

Ibrahim Jabir Meets Sudan Shield Forces Commander

Khartoum: Member of the Transitional Sovereignty Council (TSC), Lieutenant General Engineer Ibrahim Jabir, met on Wednesday in Khartoum with the commander of the Sudan Shield Forces, Major General Abu Agla Mohamed Ahmed Kaykal.

According to Sudan Ne…

Read More

Industry News

Kuwaiti Crude Oil Price Drops USD 8.38 per Barrel

Kuwait city: The price of Kuwaiti crude oil declined by USD 8.38 to USD 94.01 per barrel in Friday’s trading, compared to USD 102.39 per barrel in the previous session. This information was released by the Kuwait Petroleum Corporation, reflecting a si…

KPC Announces USD 16 Billion Foreign Investment

Kuwait city: Kuwait Petroleum Corporation (KPC) announced Saturday that its subsidiary, Kuwait Oil Company (KOC), has signed a USD 16 billion lease and leaseback agreement for its domestic crude oil export pipeline network (the Shaheen Project) with a…

Cyclical Factors Support US Dollar Amid Structural Challenges

Doha: Qatar National Bank (QNB) said in its latest weekly economic commentary that while mounting structural headwinds continue to weigh on the US dollar’s long-term outlook, cyclical factors remain the dominant drivers underpinning the currency’s res…

QIIB H1 Profits Rise 3.5% in H1 of 2026

Doha: Qatar International Islamic Bank (QIIB), a Qatari public shareholding company, saw its net profit increase by 3.5 percent in the first half of 2026, reaching QR 713.3 million, compared to a net profit of QR 689.1 million in the same period of 20…

European Stocks Slide as Travel and Leisure Sector Faces Decline

Doha: European stocks closed lower today, with the pan-European STOXX 600 index falling 0.30 percent to 639.6 points. The decline was led by travel and leisure stocks, which dropped 0.95 percent.

According to Qatar News Agency, shares in the energy …