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December 10, 2025

Oil Prices Fall 1 Percent at Settlement

Doha: Oil Prices Fall 1 Percent at Settlement: Oil prices slipped by 1 percent at the close of trading on Tuesday. Brent crude futures fell 55 cents, or 0.88 percent, to settle at $61.94 a barrel. US West Texas Intermediate (WTI) crude declined 63 cen…

Saudi Central Bank Lowers Interest Rate by 25 bps

Doha: The Saudi Central Bank reduced its interest rate by 25 basis points to 4.25 percent, and lowered the reverse repo rate to 3.75 percent.

According to Qatar News Agency, the Bank stated that the decision aligns with global economic developments…

Kahramaa Supports First ‘Be Solar’ Customer in Qatar

Doha: The Qatar General Electricity and Water Corporation (Kahramaa) on Wednesday organized a site visit to Al Taadhod Trading and Contracting Group building in Birkat Al Awamer area. In a press release, Kahramaa said that the visit marks the group’s …