The Kuwait Central Bank (KCB) has announced the issuance of bonds and related tawarruq with a total value of KD 240 million (about USD 792 million ).
In a statement on Monday, the KCB explained that the issuance period is three months, with a return…
Doha: The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in August 2024, amounted to QR 827,058,956.
The data of the real estate analytical bulletin issued by the Min…
Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.
QSE general index was supported by a rise in most sectors: T…
Kuwait Bourse closed Monday day trading as the All Share Index gained 2.04 points to reach 7,181.52 points, an increase of 0.03 percent.
As many as 442.1 million shares valued at KWD 85.1 million (roughly USD 278.5 million) were traded via 23,350 tr…
Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.
The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…
The Saudi Fund for Development (SFFD) signed Monday with the Airport Authority of the Commonwealth of the Bahamas a soft development loan agreement worth $ 55 million to finance the development project of North Eleuthera International Airport.
The p…
Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.
West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.
Brent crude futures we…
Doha: September 08 – The State of Qatar is set to host the Arab Banking Conference 2024, organized by the Union of Arab Banks, on September 10 and 11. The event, themed “Sustainable Development Requirements and the Role of Banks,” will take place unde…
Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.
Spot gold was nea…
Doha: United Development Company (UDC), the master developer of The Pearl Island and Gewan islands, has announced its receipt of the prestigious International Safety Award 2024 from the British Safety Council. This accolade marks the fourth time UDC h…