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Category: Business 4381

Oil Rises as US and China Extend Tariff Freeze
Business
  • 1 mins read

Oil Rises as US and China Extend Tariff Freeze

Oil prices rose after the US and China extended their tariff freeze for 90 days, easing concerns about the trade war's impact on the economy and fuel demand.

Qatari Delegation to Lebanon to Meet the Three Presidents
Business
  • 1 mins read

Qatari Delegation to Lebanon to Meet the Three Presidents

A Qatari delegation visited Beirut and met senior Lebanese officials including the President, Speaker of Parliament, Prime Minister, and Foreign Minister. The delegation is expected to visit the Ministry of Energy and Water to discuss electricity cooperation. Additional aid for the Lebanese army was announced.

Qatari Delegation to Lebanon to Meet the Three Presidents
Business
  • 1 mins read

Qatari Delegation to Lebanon to Meet the Three Presidents

A Qatari delegation visited Beirut and met senior Lebanese officials including the President, Speaker of Parliament, Prime Minister, and Foreign Minister. The delegation is expected to visit the Ministry of Energy and Water to discuss electricity cooperation. Additional aid for the Lebanese army was announced.

Bloomberg: Nakilat Plans to Obtain a $1 Billion Loan
Business
  • 1 mins read

Bloomberg: Nakilat Plans to Obtain a $1 Billion Loan

Qatar Gas Transport Company "Nakilat" plans to obtain a $1 billion syndicated loan from Mizuho Bank, including a green shoe option to increase the loan by $330 million, with proceeds to be used for company purposes.

Bloomberg: Nakilat Plans to Obtain a $1 Billion Loan
Business
  • 1 mins read

Bloomberg: Nakilat Plans to Obtain a $1 Billion Loan

Qatar Gas Transport Company "Nakilat" plans to obtain a $1 billion syndicated loan from Mizuho Bank, including a green shoe option to increase the loan by $330 million, with proceeds to be used for company purposes.

Five Sectors Support the Stock Market Index
Business
  • 1 mins read

Five Sectors Support the Stock Market Index

The stock market closed yesterday slightly higher, supported by the rise of five sectors, led by real estate which increased by 1.02%.

Five Sectors Support the Stock Market Index
Business
  • 1 mins read

Five Sectors Support the Stock Market Index

The stock market closed yesterday slightly higher, supported by the rise of five sectors, led by real estate which increased by 1.02%.

Wadam Food Reports 108.6 Million Riyals Loss in First Half
Business
  • 1 mins read

Wadam Food Reports 108.6 Million Riyals Loss in First Half

Wadam Food reported a net loss of 108.6 million riyals in the first half of 2025 compared to a net profit of 3.1 million riyals in the same period last year. The loss per share was 0.60 riyals versus earnings per share of 0.02 riyals.

Wadam Food Reports 108.6 Million Riyals Loss in First Half
Business
  • 1 mins read

Wadam Food Reports 108.6 Million Riyals Loss in First Half

Wadam Food reported a net loss of 108.6 million riyals in the first half of 2025 compared to a net profit of 3.1 million riyals in the same period last year. The loss per share was 0.60 riyals versus earnings per share of 0.02 riyals.

European Central Bank Moves to Delay Interest Rate Cut
Business
  • 1 mins read

European Central Bank Moves to Delay Interest Rate Cut

A Bloomberg poll indicates that ECB officials will wait until December to announce the next interest rate cut, likely the final step in the cycle.

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