Category: Key Issues

Qatar National Bank Releases Latest Currency Exchange Rates

Doha: Qatar National Bank (QNB) has released the latest currency exchange rates against the US dollar, effective as of Thursday. The rates outline the buying and selling values for various currencies and precious metals. 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 Saudi Riyal (SAR)

Read More

China’s Data Industry Grows 117% in Market Size During 2021-2025

Doha: China’s data industry market size grew 117 percent during 2021-2025 (the 14th Five-Year Plan). The sector reached a size of 5.86 trillion yuan (about USD 821.45 billion) by the end of last year. According to Qatar News Agency, the number of data-related companies in China reached more than 400,000 by the end of 2024. China’s AI patents account for

Read More

Qatar Exchange Rates Reveal Stable U.S. Dollar and Shifts in Other Currencies

Doha: The latest update on exchange rates in Qatar reveals that the U.S. Dollar remains stable, with its buying rate at 3.63000 Qatari Riyals and selling rate at 3.65000 Qatari Riyals. Several other currencies have shown varied buying and selling rates across the board. According to Qatar News Agency, the Malaysian Ringgit is buying at a rate of 0.82000 and

Read More

Oil Prices Fall More Than 1% Following Surprise Surge in US Crude Stocks

Doha: Oil prices fell more than 1% on Wednesday following a surprise surge in US crude inventories. Brent crude futures dropped 80 cents, or 1.2%, to reach USD65.32 per barrel, while US West Texas Intermediate (WTI) futures fell 92 cents, or 1.5%, to USD62.25 per barrel. According to Qatar News Agency, the US Energy Information Administration reported that crude inventories

Read More

Qatar National Bank Releases New Deposit Rates for Major Currencies

Doha: Qatar National Bank (QNB) has announced its latest deposit rates as of Wednesday, providing insights into the interest rates available across a range of major currencies. These rates, applicable for various deposit terms, highlight the bank’s current offerings in the financial sector. According to Qatar News Agency, the deposit rates for key international currencies such as USD, JPY, CHF,

Read More

Saudi Public Investment Fund’s Assets Under Management Grow by 19% in 2024

Riyadh: The Saudi Public Investment Fund (PIF) achieved a 19% year-on-year growth in its assets under management (AUM) in 2024, reaching SR 3.42 trillion (approximately $913 billion). According to Qatar News Agency, the fund explained in its annual report, carried by the Saudi Press Agency (SPA) Wednesday, that it has achieved a 7.2% total shareholder return year-on-year since 2017, with

Read More

Exchange Rates in Qatar as Issued by Qatar National Bank

Doha: Exchange rates for foreign currencies have been released by Qatar National Bank (QNB), providing insights into the buying and selling prices for a range of international currencies as of Wednesday. According to Qatar News Agency, the exchange rates display the monetary value conversions that are being applied for various currencies in Qatar. The rates reveal that the buying price

Read More

Muscat Stock Exchange Index Closes Higher with Modest Gains

Muscat: The Muscat Stock Exchange (MSX) 30 index closed on Wednesday at 4,900.31 points, marking an increase of 6.7 points, or 0.14 percent, from the previous trading session’s close of 4,893.61 points. According to Qatar News Agency, the trading value for the day stood at OMR 21,309,851, which represents a decline of 24.9 percent compared to the last trading session’s

Read More