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Shell Profit Rises to $6.9 Billion in 1st Quarter 2026

London: First-quarter adjusted earnings, Shell’s definition of net profit, rose to $6.92 billion, on Thursday. Shell reported adjusted earnings of $5.58 billion over the same period a year ago. At the same time, Shell cut its quarterly share buy-back …

Global Debt Reaches Record $353 Trillion in March

Kuwait: The Institute of International Finance revealed that global debt reached a record high of around $353 trillion by the end of last March. In its quarterly Global Debt Monitor report, the institute said there were signs that investors were movin…

Germany’s Public Debt Rises by 2.1 Percent

Berlin: Germany’s total public debt reached EUR 2,608.8 billion by the end of the third quarter of 2025, an increase of EUR 54.8 billion, or 2.1 percent, compared to the second quarter of the same year.

According to Qatar News Agency, the Federal St…

Saudi Stock Index Closes Higher with Increased Trading Activity

Riyadh: The main Saudi stock index closed Wednesday up by 35.85 points, reaching 10,948.28 points, with trading valued at SR 4.7 billion.

According to Qatar News Agency, the volume of shares traded reached 234 million shares, with 185 companies reco…

European Stocks Close Lower

Doha: European stocks dropped on Wednesday, intensifying the selloff sparked by renewed trade tensions related to Greenland that overshadowed the impact of positive corporate results. The pan-European STOXX 600 index fell 0.1 percent. Financial servic…

Exchange Rates in Qatar Show Variability Across Currencies

Doha: The latest exchange rates in Qatar reveal a range of buying and selling prices for various currencies and precious metals. The U.S. Dollar is being bought at 3.63000 Qatari Riyals and sold at 3.65000. Meanwhile, the Saudi Riyal shows a buying ra…

QFA Appoints Referees for 2026 Emir Cup Final

Doha: The Qatar Football Association’s Referees Committee announced today the appointment of referee Abdullah Al Athba to officiate the 2026 Emir Cup final between Al Sadd and Al Gharafa, slated for Saturday at Khalifa International Stadium.

Accord…