Qatar Financial News

With no end to fighting in sight, Palestinians in Gaza have begun fasting for the holy month of Ramadan as hunger worsens across the strip and pressure grows on Israel over the growing humanitarian crisis

On Sunday, India signed the India-EFTA Trade and Economic Partnership Agreement, our first trade deal with any Western nation or group. It was signed with the European Free Trade Association (EFTA), which comprises Iceland, Liechtenstein, Norway and Switzerland. It’s an innovative and well-balanced pact that covers two-way trade in goods and services as well as bilateral investments.

Egypt was in contact with senior Hamas and Israeli figures as well as other mediators on Sunday in an effort to restart negotiations for a truce in the Gaza Strip during the Muslim holy month of Ramadan, which begins on Monday or Tuesday, two Egyptian security sources said. Egypt's contacts with Hamas and Israeli intelligence agency Mossad on Sunday were carried out under a mandate from the Egyptian presidency in an effort to bring the two sides' divergent positions together, the sources said, without providing further details.

El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest countries in the world because of its Bitcoin holdings.

President Nayib Bukele responded humorously to a social media post on March 7, highlighting the legal troubles of one of his country’s prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji.

Cairo on Thursday, but will continue with Gaza ceasefire talks until an agreement is reached with Israel, the Palestinian group said in a statement, with a Hamas official blaming Israel for the lack of progress. «Hamas's delegation left Cairo this morning for consultation with the leadership of the movement, with negotiations and efforts continuing to stop the aggression, return the displaced and bring in relief aid to our people,» the Hamas statement said.

Hamas says negotiations over a Gaza cease-fire and the release of more Israeli hostages will resume next week, after a delegation of the Palestinian militant group left Cairo

The Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip

Abu Dhabi-based Etihad Airways says it saw a $143 million in profit last year, citing an increase in passengers as fueling the gains

Cairo as soon as Sunday and search for a formula acceptable to Israel and Hamas for a lasting ceasefire in Gaza, sources with knowledge of the talks said, after foreign governments resorted to airdrops to aid desperate civilians in the Palestinian enclave. Israeli and Hamas delegations were expected to arrive in Cairo on Sunday, two Egyptian security sources said, although another source briefed on the talks said Israel would not send a delegation until it got a full list of hostages who are still alive.

By Ahmed Mohamed Hassan and Nidal al-Mughrabi

Algeria will flex its muscle as a critical supplier for European countries seeking to lessen dependence on Russian gas as it welcomes leaders from other energy rich nations to a summit in Algiers this week

Chevron warned Monday that its pending $53 billion acquisition of Hess, another oil and gas company, may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an ...

$53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. The disclosure in a filing with the Securities and Exchange Commission raised investor qualms, depressing shares of both Chevron and Hess. Chevron's stock price fell 3% Tuesday morning before rebounding; Hess stock lost 4% of its value but bounced back slightly.

South African comedian and entertainer Trevor Noah has expressed regret over not investing in  Bitcoin (BTC)  during its early days when it was practically “worth nothing.” 

Oil prices ticked up in early Asian trading on Monday, extending gains for the third straight day, as shipping disruptions spurred supply worries. Brent crude futures rose 16 cents, or 0.2%, to $82.69 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures (WTI) climbed 15 cents, or 0.2%, to $77.73 a barrel.

Gold rate today, 26 Feb 2024: Gold price dips as US dollar index hits 2-month high. US Fed rate, GDP data in focus Since November, oil prices have fluctuated within the range of $70 to $90 per barrel. This fluctuation can be attributed to several factors, including increasing U.S.

By Colleen Howe

southernmost city of Rafah could be “delayed somewhat" if a deal is reached for a weekslong cease-fire between Israel and Hamas. He further claimed that total victory in the territory would come within weeks once the offensive begins in Rafah as four of the six remaining Hamas battalions are concentrated there. Thus, Israel is set to undertake plans to expand its offensive against the Hamas militant group to Rafah on the Gaza-Egypt border even as humanitarian groups have warned of a catastrophe.

Israeli military offensive in the southernmost city of Rafah could be «delayed somewhat» if a deal for a weekslong cease-fire between Israel and Hamas is reached, Prime Minister Benjamin Netanyahu said on Sunday, but claimed that total victory in Gaza is «weeks away» once the offensive begins. Netanyahu confirmed to CBS that a deal is in the works, with no details. Israeli media reported that mediators were making progress on an agreement for a cease-fire and release of dozens of hostages held in Gaza as well as Palestinians imprisoned by Israel. Several Israeli media outlets, citing unnamed officials, said the War Cabinet tacitly approved it. Talks resumed on Sunday in Qatar at the specialist level, Egypt's state-run Al Qahera TV reported, citing an Egyptian official as saying further discussions would follow in Cairo with the aim of achieving the cease-fire and release. Meanwhile, Israel is developing plans for expanding its offensive against the Hamas militant group to Rafah on the Gaza-Egypt border, where more than half the besieged territory's population of 2.3 million have sought refuge.

United States said Sunday that multinational talks in Paris came to an «understanding» on a possible deal for Hamas to release hostages and for a new ceasefire in the Gaza war. An Israeli delegation led by Mossad chief David Barnea was in the French capital on Friday to discuss a deal to ensure a fresh ceasefire and the release of hostages held by Hamas in Gaza in exchange for Palestinian prisoners held by Israel.