Day: May 18, 2025

Qatar National Bank Releases Updated Foreign Currency Exchange Rates

Doha: Exchange rates for foreign currencies as issued on Sunday by Qatar National Bank (QNB) have been announced. The rates detail the buying and selling prices for a variety of currencies. According to Qatar News Agency, the following are the exchange rates: The buying rate for the A.E. Dirham is set at 0.97800 and the selling rate at 1.00100. The

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Qatar National Bank Announces New Deposit Rates Amid Economic Shifts

Doha: Deposit rates at Qatar National Bank (QNB) have seen adjustments as issued on Sunday, reflecting changes across various currencies. According to Qatar News Agency, the rates for deposits in US Dollars (USD) start at 4.32438% for a one-month term, slightly decreasing to 4.06785% for a twelve-month term. For the Japanese Yen (JPY), the rates begin at 0.30000% for one

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Qatar National Bank Releases Latest Currency Exchange Rates

Doha: Qatar National Bank (QNB) has issued the latest currency exchange rates against the US Dollar for Sunday. The rates reflect the current buying and selling values of various currencies and precious metals in the Qatari market. According to Qatar News Agency, the Qatari Riyal (QAR) is being bought at 3.64000 and sold at 3.64150 against the US Dollar. The

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QSE Index Rises 0.44% at Beginning of Sunday’s Trading

Doha: Qatar Stock Exchange (QSE) index rose at the beginning of Sunday’s trading session by 0.44%, adding 46.53 points to reach the level of 10,621 points, compared to the closing of the previous session. According to Qatar News Agency, QSE figures attributed the rise in the general index to the positive performance of several sectors. The telecommunications sector increased by

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Invest Qatar CEO Highlights 110% Growth in FDIs in 2024

Doha: HE CEO of the Investment Promotion Agency Sheikh Ali bin Alwaleed Al-Thani affirmed that the State of Qatar witnessed a significant rise in foreign direct investment (FDI) in 2024, recording 241 projects, more than double the 115 projects in 2023, marking a 109.6% year-on-year increase. This growth reflects strong investor confidence in Qatar’s economic resilience and strategic direction. According

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Qatar Sees 110% Growth in Foreign Direct Investments in 2024

Doha: Foreign direct investments in Qatar have surged by an impressive 110% in 2024, as revealed by HE Sheikh Ali bin Alwaleed Al-Thani, CEO of Invest Qatar, during an interview with QNA. The announcement underscores Qatar’s position as a leader in the GCC region, particularly in foreign investment policies, financial services, and economic resilience, as highlighted by recent global rankings.

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Invest Qatar CEO Highlights 110% Growth in Foreign Direct Investments in Qatar

Doha: The CEO of the Investment Promotion Agency, Sheikh Ali bin Alwaleed Al-Thani, shared significant insights into Qatar’s foreign direct investment (FDI) growth, emphasizing a 110% increase in 2024. As part of their mission to establish Qatar as a leading investment destination, the agency focuses on attracting high-quality investments that contribute to economic diversification and sustainable growth, aligned with Qatar’s

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Kuwait Bourse Experiences Slight Decline in All Share Index

Kuwait: Kuwait Bourse closed trading on Sunday as the All Share Index lost 11.48 points to reach 8,077.22 points, marking a decrease of 0.14 percent. According to Qatar News Agency, the day’s trading saw as many as 397.9 million shares valued at KWD 67 million (approximately USD 205.6 million) being transacted through 20,195 transactions. The Main Market Index showed an

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