Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts at a meeting this Sunday, and that fuel consumption should begin rising with the start of the peak summer demand season.

Brent crude futures

The Iraqi Ministry of Oil announced Wednesday the total oil exports achieved for the month of last April, according to the final statistics issued by the State Organization for Marketing of Oil (SOMO).

The Ministry said, in a press statement,

Doha: Qatar Finance and Business Academy (QFBA) signed on Wednesday an agreement with Qatar Development Bank to launch new academic programs for bachelor’s and master’s degrees in the fields of entrepreneurship and innovation management, in cooperati…

Federal Minister of Labor and Economy of Austria Martin Kocher signed a memorandum of understanding (MoU) in Vienna, on Tuesday, with Saudi Minister of Economy and Planning Faisal Alibrahim, to boost economic cooperation between the two countries.

Th…

Doha: European stock indices closed lower Wednesday, as the repercussions of the escalating tensions in the region continued to impact global markets. The Stoxx 600 index ended the session down 0.7%.

According to Qatar News Agency, Germany’s DAX ind…