Minister of Trade Athir Dawood Al-Ghariri discussed with the Azerbaijani Minister of Transport and Digital Development, Rashad Nabiyev, today, Wednesday, enhancing joint trade cooperation and finding new mechanisms for transporting goods and commoditi…
QNB Financial Services (QNBFS), a subsidiary of QNB Group, has been awarded the prestigious title of “Best Securities House in Qatar 2024” by Euromoney, a leading global financial publication.
This recognition underscores the companys commitment to e…
Oil prices closed higher on Tuesday, reaching their highest level this month, with increasing supply disruptions and traders betting that demand will grow if the Federal Reserve/US Central Bank/cuts borrowing costs this week.
Brent crude futures rose…
Qatar Central Bank announced a 55 basis point cut to its benchmark interest rate on Wednesday.
A QCB post on X said the move came following an assessment of the State of Qatar’s current monetary policy, based on the Monetary Policy Committee decision…
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.
Brent crude futures gained 95 cents, or 1.3%, to se…
Qatar Credit Bureau participated in the 18th Arab Credit Information Committee meeting which was recently held in Abu Dhabi, United Arab Emirates.
The Arab Credit Information Committee, whose secretariat is held by the Arab Monetary Fund, is a specia…
Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.
A statement from the bank said the move comes in line wi…
Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.
The new discount rates will be effective tomorrow, Thursday.
CBK Governor Basel Al Haroon told the Kuwait News Agency…