Doha: Saudi Minister of Investment Khalid bin Abdulaziz Al Falih has met via video conference with Syrian Minister of Economy and Industry Mohammad Nidal Al Shaar. During the meeting, the two sides discussed ways to enhance prospects for investment co…
Ras Bufontas: HE Chief Executive Officer of Qatar Free Zones Authority (QFZ) Sheikh Mohammed bin Hamad bin Faisal Al-Thani met with HE Ambassador of Japan to the State of Qatar Naoto Hisajima. The meeting took place at the Business Innovation Park in …
Muscat: Muscat Stock Exchange (MSX) 30 Index closed today up 25.7 points, or 0.56 percent, to reach 4,578.81 points, compared to the last trading session level of 4,553.15 points.
According to Qatar News Agency, trading value during the session rea…
Seoul: South Korea’s inflation rate slowed in May, reaching 1.9% year-on-year, its lowest level in five months. In a statement, the Korean Statistics Agency attributed the slowdown primarily to falling oil prices, although the weaker local currency co…
Doha: Qatar Investment Authority (QIA) announced today that it has lowered its stake in Doha Bank from 17.15% to around 5%, as part of its periodic rebalancing of its investment portfolio.
According to Qatar News Agency, the authority stressed its c…
Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) have been announced, detailing the specific rates for several international currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.
According to Qatar News Ag…
Doha: Qatar Islamic Bank (QIB) announced the successful issuance of a $750 million Sukuk with a profit rate of 4.803% and a tenor of 5 years. In a statement published on the Qatar Stock Exchange website, QIB explained that the profit rate was equivale…
New York: The dollar declined against other currencies Wednesday, affected by trade tensions due to US tariffs. The dollar fell 0.09% against the Japanese yen, reaching 143.82 yen, while the euro rose 0.13%, recording 1.1385.
According to Qatar News…
Doha: Gold prices rose Wednesday as safe-haven demand increased amid global trade tensions. Spot gold rose by 0.6% to 3,370.67 per ounce. US gold futures also climbed by 0.5% to 3,394.90.
According to Qatar News Agency, other precious metals also ex…
Doha: For the first time in 28 years, Qatar Airways has signed a landmark agreement with leading local Qatari banks, led by Qatar National Bank (QNB), to secure QR4.5 billion in strategic financing.
According to Qatar News Agency, the financing will…