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Gulf Warehousing Company’s Net Profit Drops in Q1 2025

Doha: The Gulf Warehousing Company’s net profit dropped by 25.9 percent in Q1 2025, down to QR 37.69 million, compared to a net profit of QR 50.87 million for the same period in 2024.

According to Qatar News Agency, the company’s figures published o…

US Dollar Falls to Lowest Level in Years against Euro, Swiss Franc

New York: The US dollar fell Tuesday, approaching its lowest level in years against the euro and the Swiss franc, affected by US President Donald Trump’s sharp criticism of Federal Reserve Chairman Jerome Powell and concerns about the bank’s independe…

US Dollar Nears 3-Year Low Amidst Currency Market Fluctuations

New York: The dollar languished near its lowest level in three years on Tuesday. The dollar sagged close to the decade-low reached the previous day against the Swiss franc, and edged back towards a 3-1/2-year trough versus the euro.

According to Qa…

Gold Reaches Record High of 3,500 Amid Federal Reserve Concerns

Doha: Gold prices hit a record high of 3,500 on Tuesday as concerns over US President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell dampened risk sentiment and drove investors towards safe-haven bullion. Spot gold was up 2.2% at 3,49…