Category: Business

QIMC Profits Drop 25.75 Percent in H1 2024

Doha: Qatar Industrial Manufacturing Company (QIMC) net profits fell by 25.75 percent in the first half of 2024 to QR 79.592 million compared to QR 107.205 million in the same period of 2023.

Data issued by the company and published on the Qatar Stoc…

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QSE Index Drops 102.82 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 102.82 points, or 1.01 percent, at the beginning of trading on Sunday, reaching 10,027 points, compared to Thursday’s closing.

QSE general index was weighed down by a decline in all sector…

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China’s factory activity contracts for third month

China’s factory activity contracted for the third consecutive month in July, government data showed.

The Purchasing Managers Index (PMI) for China’s manufacturing sector, a gauge of activity of some 3,000 big and state-owned firms across the country,…

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Iraq, BP ink oil, gas fields MoU in Kirkuk governorate

Iraq’s Ministry of Oil signed a comprehensive Memorandum of Expertise with British Petroleum (BP) to develop oil and gas fields in Kirkuk Governorate, north of the country.

The presidential media office on Thursday mentioned that Prime Minister Moham…

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