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Category: Industry

Qatar National Bank Releases Updated Deposit Rates

Doha: Deposit rates at Qatar National Bank (QNB) were issued on Monday, detailing the latest figures for various currencies.

According to Qatar News Agency, the deposit rates for USD are structured as follows: a 1-month deposit rate stands at 3.608…

Kuwait Bourse Closes Lower

Kuwait city: Kuwait Bourse closed lower on Tuesday, with the All Share Index falling 43.09 points, or 0.51%, to 8,434.83. A total of 225.7 million shares valued at KWD 75.4 million (roughly $230.7 million) were traded in 22,120 transactions.

Accordi…

Capital Intelligence Affirms QNB at AA Rating

Doha: Credit rating agency Capital Intelligence has affirmed the rating of Qatar National Bank (QNB) at AA with a stable outlook. This confirmation underscores the financial stability and robust performance of QNB in the global banking sector.

Accor…

GTA Launches Direct Application Service for Tax Agreements

Doha: The General Tax Authority (GTA) announced the availability of the direct application of double taxation avoidance agreements service, as part of its ongoing efforts to develop the tax services ecosystem and enhance its effectiveness.

According…

Oil Prices Rise Over 4 Percent at Settlement

Doha: Crude oil prices rose, with Brent crude climbing above $100 a barrel, amid growing doubts about the possibility of de-escalating tensions with Iran. Brent crude futures settled up $4.55, or 4.55%, at $104.49 a barrel. Meanwhile, West Texas Inter…

Kuwaiti Oil Price Surpasses $163 Per Barrel

Kuwait city: The price of Kuwaiti oil rose by $6.58 to reach $163.08 per barrel in Monday’s trading compared to $156.50 on Friday.

According to Qatar News Agency, the Kuwait Petroleum Corporation reported the increase in oil prices. In global market…

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