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August 7, 2025


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QCB Foreign Reserves Rise 3.28% in July


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Doha: International reserves and foreign currency liquidity at the Qatar Central Bank rose by 3.28% year-on-year in July, reaching QR 259.238 billion, compared to QR 250.981 billion during the same period last year. According to Qatar News Agency, data released

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Oil Prices Stabilize after News of Possible US, Russian Presidents’ Meeting Soon


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Doha: Oil prices stabilized Thursday, giving up gains made earlier in the session after the Kremlin revealed a possible meeting between Russian President Vladimir Putin and his US counterpart, Donald Trump, next week. Brent crude futures rose 24 cents, or

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UrbaCon Holding Leads International Consortium to Develop Damascus International Airport


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Damascus: The Syrian government has signed a strategic memorandum of understanding with a coalition of five international companies, led by Qatar’s UrbaCon Holding, to develop and expand Damascus International Airport with investments exceeding $4 billion. According to Qatar News Agency,

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Industries Qatar Reports 27% Decline in Net Profits for H1 2025


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Doha: Industries Qatar Company reported a 27% drop in net profits for the first half of 2025, reaching QAR 1.955 billion compared to QAR 2.660 billion during the same period last year. According to Qatar News Agency, the company’s financial

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