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August 25, 2026

Category: Business

European Shares Close Higher Despite Rising Oil Prices

Doha: European stock markets closed higher on Wednesday despite a rise in oil prices, as investors awaited earnings reports from several major companies across the region. The pan-European Stoxx 600 index gained 0.6%, while Germany’s DAX rose 0.65%.

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Oil Slips, Brent Crude Records $88.87 pb

Oil prices edged lower on tuesday:52 GMT. US West Texas Intermediate (WTI) crude for September delivery was little changed at $82.47 per barrel.

According to Qatar News Agency, the modest decline in oil prices came amid ongoing market adjustments. T…

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AlRayan Bank’s Net Profit Down 16% in H1 2026

Doha: AlRayan Bank’s net profit dropped by 16% in H1 2026 to reach QAR 687.5 million, compared to QAR 821.4 million in H1 2025. The financial report highlights a significant decline in earnings, reflecting the challenging economic conditions faced by …

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