Doha: Global Credit rating agency “Fitch Ratings” has affirmed Qatar Islamic Bank (Q.P.S.C)’s (QIB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook.

QIB’s Viability Rating (VR) reflects the bank’s high exposure to Qatar’s operating…

Amman, The World Bank (WB) has approved financing for Jordan worth $700 million to enhance human capital and invest in education, health, and social assistance domains.

The Human Capital Program and the Education, Skills, and Administrative Reforms M…

Seoul, Consumer prices in South Korea rose 2.4 percent on-year last month, compared with a 2.7 percent on-year rise a month earlier.

South Korea’s consumer prices slowed to an 11-month low in June, though prices of fresh food items and petroleum prod…

Singapore, Gold prices were little changed on Tuesday as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further cues about the US interest rate outlook.

Spot gold was steady at $2,332.27 per ounce. US gold futur…

Doha: Qatar National Bank (QNB) Group, a Qatari public shareholding company, announced Tuesday its decision to distribute semi-annual dividends to shareholders, making it the first financial institution in the country to adopt this approach.

QNB expl…

Doha: HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Minister of Finance of the Republic of Yemen Salem Saleh bin Bureik, during his visit to Doha.

During the meeting, they discussed bilateral relations between the two countries in the fi…