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Author: Web Desk

China’s Auto Sector Hits New Record High in 2024

Beijing: China’s auto sector hit a new record high in 2024, with both production and sales exceeding 31 million units.

According to Qatar News Agency, the total auto output reached 31.282 million units last year, up 3.7 percent compared to 2023, whi…

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Qatar National Bank Announces Updated Deposit Rates

Doha: Qatar National Bank (QNB) has released the latest deposit rates effective from Monday, reflecting various interest levels across different currencies and time periods.

According to Qatar News Agency, the deposit rates for USD stand as follows:…

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China’s Foreign Trade Up 5% in 2024

Beijing: China’s total goods imports and exports in yuan terms expanded 5% year on year in 2024 to 43.85 trillion yuan (about $6.1 trillion). Official data released by the Chinese General Administration of Customs showed Monday that exports grew 7.1% …

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QNB Group Reports 8% Profit Increase in 2024

Doha: Qatar National Bank (QNB Group)’s net profits for the year 2024 grew by 8 percent to reach QAR 16.7 billion (USD 4.6 billion), compared to QAR 15.5 billion in 2023. The group revealed in its financial disclosure, published on the Qatar Stock Exc…

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Kuwait Bourse Closes Lower as All Share Index Declines

Kuwait City: Kuwait Bourse closed trading on Monday with the All Share Index losing 8.04 points, settling at 7,483.71 points, marking a decrease of 0.11 percent. A total of 304.5 million shares, valued at KWD 76.2 million (approximately USD 234.6 mill…

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Exchange Rates in Qatar Show Varied Fluctuations

Doha: The latest exchange rates in Qatar reveal fluctuations across various currencies and precious metals. The data highlights the buying and selling rates for several currencies, including the U.S. Dollar and the Omani Riyal.

According to Qatar Ne…

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