Baghdad: Deputy Oil Minister Ali Maarij stated that the ministry aims to increase oil production to around 7 million barrels per day over the next five years. Speaking at the Iraq Energy Conference on Tuesday, Maarij said that this goal is part of the…
Doha: Qatar Central Bank (QCB) announced Wednesday it had maintained interest rates unchanged. A QCB statement on X said the decision to maintain the current interest rates for deposit (QCBDR), lending (QCBLR), and repurchase (QCB RR) followed an asse…
Doha: Oil prices slid on Wednesday, giving up some of last session’s gains, as an increase in US crude stockpiles and easing worries over Libyan supplies weighed on prices, although the decline was limited by potential US tariffs on Canadian and Mexic…
Doha: Qatar Aluminum Manufacturing Company’s (QAMCO) net profits surged by 38 percent in 2024, reaching QR 614.4 million, compared to QR 446 million in 2023. Data released by the company, published Wednesday on the Qatar Stock Exchange website, showed…