Category: Key Issues

QNB Group Successfully Refinances USD 1.5 Billion Syndicated Loan Facility

Doha: QNB Group, the largest financial institution in the Middle East and Africa, has announced the successful refinancing of its USD 1.5 billion unsecured syndicated term loan facility. According to Qatar News Agency, QNB’s Group CEO, Abdulla Mubarak Al Khalifa, highlighted that the refinancing attracted interest from both global and regional banks, significantly broadening QNB’s investor base. The issuance was

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Gold Tops $3,900 for First Time on Safe-Haven Demand

Doha: Gold surged past $3,900 an ounce for the first time on Monday, driven by safe-haven demand amid a US government shutdown, alongside growing expectations of additional Federal Reserve rate cuts. Spot gold rose 0.4% to $3,900.40 per ounce after hitting an all-time high of $3,919.59 earlier in the session. According to Qatar News Agency, US gold futures for December

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Qatar National Bank Releases Sunday Foreign Exchange Rates

Doha: Qatar National Bank (QNB) has released the foreign exchange rates against the US Dollar for Sunday. These rates are crucial for individuals and businesses engaging in foreign currency transactions, providing a clear indication of the buying and selling rates set by the bank. According to Qatar News Agency, the rates indicate the value at which various currencies can be

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Qatar National Bank Issues Latest Deposit Rates for Major Currencies

Doha: Deposit rates at opening as issued on Sunday by Qatar National Bank (QNB) reveal the interest rates for various currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD for different maturities ranging from one month to twelve months. According to Qatar News Agency, the deposit rate for a one-month USD account is set at 4.10159%, while the

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Syrian Justice Minister to QNA: Qatar is Role Model in Creating Investment-Attractive Judicial Environment

Doha: Syrian Minister of Justice Dr. Mazhar Al Wais affirmed that his recent visit to the State of Qatar provided an opportunity to review the trailblazing experience of commerce and investment courts in Qatar, which he described as among the unique experiences at this stage, since they constitute core pillars for an investment-attractive environment, combining credibility with swift resolution of

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Qatar Exchange Rates Update: Latest Foreign Currency and Commodity Prices

Doha: The latest exchange rates for various currencies and commodities in Qatar have been released, providing insights into the current financial landscape. The figures reflect the buying and selling rates of different currencies against the Qatari Riyal, as well as the prices of precious metals. According to Qatar News Agency, the Malaysian Ringgit is trading with a buying rate of

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Ooredoo AI Summit: Empowering Tunisia’s Digital Economy

Tunis: Ooredoo Group, a Qatari public shareholding company, emphasized that artificial intelligence represents not just a technological evolution, but a strategic opportunity for Tunisia to strengthen its digital sovereignty, empower youth, and accelerate inclusive and sustainable economic growth. According to Qatar News Agency, in his address at the Ooredoo AI Summit held in Tunis, CEO of Ooredoo Tunisia Mansoor Rashid

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