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Commercial Bank’s Net Profit Declines by 23 Percent in Q1 2026

Doha: Commercial Bank (a Qatari public shareholding company) reported a 23 percent decrease in net profit for the first quarter of this year, reaching QR 501.4 million, compared to QR 651.4 million for the same period in 2025.

According to Qatar New…

Oil Prices Surge Above $100 per Barrel

Moscow: Oil prices surged past $100 a barrel as the US navy prepared to blockade the Strait of Hormuz after talks between the United States and Iran ended without an agreement. Brent crude futures rose $7.11, or 7.47 percent, to $102.31 a barrel, afte…

Boursa Kuwait Sees Positive Movement with Indices Closing Higher

Kuwait city: Boursa Kuwait closed higher on Monday, with its general index rising 70.44 points, or 0.82%, to 8,694.08 points.

According to Qatar News Agency, a total of 412.6 million shares were traded through 25,346 cash transactions, with a combi…