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Libya Records Highest Daily Oil Production Rate Since 2014

Doha: Libya’s Akakus Oil Operations announced that it has achieved the highest daily crude oil production rate in July since 2014, with a production volume of approximately 332,056 barrels per day.

According to Qatar News Agency, the increase in pr…

Oil Prices Tumble Below $84 a Barrel

Doha: Oil prices tumbled on Wednesday, with Brent crude futures falling $1.11, or 1.31%, to $83.62 a barrel, while US West Texas Intermediate (WTI) crude futures shed 81 cents, or 1.02%, to $78.53 a barrel. The drop in prices comes after oil prices ha…

Kuwait’s Main Stock Market Index Closes Lower by 0.10 Percent

Doha: Kuwait’s main stock market index closed lower on Wednesday, slipping 0.10 percent or 8.58 points to finish at 8,649.94.

According to Qatar News Agency, a total of 202.1 million shares changed hands in 16,433 cash transactions, with a combined …

IMF Predicts Global Economic Growth and Lower Inflation by 2026

Doha: Amid the rapid developments the world is witnessing due to ongoing geopolitical conflicts and the impact of natural disasters and extreme weather events, and despite technological advancements and the AI revolution, uncertainty arising from thes…

Nikkei Drops for Fifth Session

Tokyo: The Japanese Nikkei index fell 0.4 percent on Wednesday to close at 52,0774.64 points, extending a five-day losing streak, its longest in a year. The broader Topix index also fell 1 percent to 3,589.70.

According to Qatar News Agency, Japanes…

European Stocks Close Mixed After Trump’s Davos Speech

Doha: European stocks closed mixed on Wednesday following US President Donald Trump’s speech at the World Economic Forum in Davos, Switzerland, amid expectations of a trade war between the European Union and the United States. The pan-European Stoxx 6…

Muscat Stock Exchange Index Closes Lower

Muscat: The Muscat Stock Exchange (MSX) general index 30 witnessed a decline on Wednesday, closing at 6,187.19 points. This marks a decrease of 59.2 points or 0.948 percent from the previous close, which was at 6,246.39 points.

According to Qatar Ne…

Oman Crude Reaches $62.49 Per Barrel

Muscat: The official price of Oman crude oil for March 2026 delivery stood at $62.49 per barrel on Wednesday. The price of Oman crude oil rose by 27 cents, compared to Tuesday’s price of $62.22.

According to Qatar News Agency, the monthly average pr…

Czech’s Linda Noskova Wins First Wimbledon Title

London: Linda Noskova of the Czech Republic captured her first Wimbledon title and maiden Grand Slam championship on Saturday, defeating compatriot Karolina Muchova 6-2, 5-7, 6-3 in the women’s singles final.

According to Qatar News Agency, the 21-y…

Manchester City Sign Jeremy Monga from Leicester City

Manchester: Manchester City announced the signing of young winger Jeremy Monga from Leicester City, on a five-year contract.

According to Qatar News Agency, Monga became the third English player to join Manchester City this season, following the ar…