Category: Key Issues

Qatar National Bank Releases Updated Exchange Rates for Foreign Currencies

Doha: Exchange rates for foreign currencies have been updated as issued by Qatar National Bank (QNB) on Monday. The revised rates reflect both the buying and selling values for a range of currencies. According to Qatar News Agency, the buying and selling rates for the currencies are as follows: The A.E. Dirham is set at 0.97800 for buying and 1.00100

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Gold Edges Higher on US Dollar Weakness

New York: Gold prices edged higher on Monday, helped by a weaker US dollar and safe-haven flows triggered by fears of a global trade war, while investors awaited further clues to gauge the Federal Reserve’s interest rate stance. Spot gold was up 0.1 percent at US$2,914.42 an ounce, while US gold futures rose 0.3 percent to US$2,921.90. According to Qatar

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Oil Prices Decline as Investors Continue to Fret over Tariff Impact

Doha: Oil prices fell on Monday as concern about the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers. Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel after settling up 90 cents on Friday. US West Texas Intermediate crude was at $66.76 a barrel, down 28

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Qatar Chamber Engages in Strategic Talks with Oklahoma City on Economic Cooperation

Oklahoma City: Qatar Chamber participated in a Qatari investment delegation’s visit to Oklahoma City, USA. The delegation conducted a series of meetings with officials and business leaders in the city, focusing on economic and cultural cooperation between the two sides. According to Qatar News Agency, the Chamber was represented by Director of the Legal Affairs Department, Abdulaziz Al Kuwari. Presenting

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Kuwait Oil Price Rises by 59 Cents to $73.61

Kuwait City: The price of Kuwaiti oil increased by 59 cents, reaching $73.61 per barrel on Friday compared to $73.02 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday. According to Qatar News Agency, the prices of Brent crude and West Texas Intermediate also experienced an upward movement. Brent crude rose by 90 cents, settling

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Qatar Central Bank’s Foreign Reserves Increase by 3.81% in February 2025

Doha: The Qatar Central Bank (QCB) experienced a 3.81% rise in its foreign currency reserves and liquidity, reaching QR 255.916 billion in February 2025, up from QR 246.509 billion in February 2024. According to Qatar News Agency, figures released by QCB show that its official reserves increased by approximately QR 9.218 billion year-on-year, reaching QR 196.817 billion by the end

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Oman Stock Market Records Decline Amid Investor Anticipation of New Listing

Muscat: Muscat Stock Exchange witnessed a decline in stock prices last week with the start of annual general meetings, while investors are awaiting the listing of Asyad Shipping Company following the completion of its subscription. According to Qatar News Agency, Muscat Stock Exchange experienced additional pressure last week, resulting in a decline in the prices of 38 companies, compared to

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QNB Highlights ASEAN-6 Economic Resilience Amid Global Trade Slowdown

Doha: Qatar National Bank (QNB) ruled out the possibility of growth forecasts for ASEAN-6 economies being impacted by a global trade downturn scenario. This resilience stems from strong growth momentum, the ability of these countries to avoid or contain tariff-related threats, and benefits arising from changes in trade and investment flow trends. According to Qatar News Agency, in its weekly

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