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April 23, 2024

Gold Falls to Lowest Levels in More than 2 Weeks

Singapore, Gold prices fell on Tuesday to their lowest levels in more than two weeks on easing concerns of an escalation in the Middle East crisis.

Spot gold was down nearly 1% at $2,304.99 per ounce. US gold futures fell 1.2% to $2,318.80.

Among ot…

QEWC Records Net Profits of QR 318 Million in 2024 Q1

Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.

The company stated that the earnings per share for …

Commercial Bank’s Net Profit Jumps by 38.8 Percent in Q1 2024

Doha: Commercial Bank’s Net Profit jumped by 38.8 percent in the first quarter of 2024 to reach QR 801.6 million compared to a Net Profit of QR 577.2 million for the same period of the previous year.

The financial statement issued today by Commercial…