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Category: Industry

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…

CBO Allocates OR 60 Million in Treasury Bills

Muscat: The Central Bank of Oman (CBO) announced that the total value of treasury bills allocated this week reached OR 60 million.

According to Qatar News Agency, the CBO explained that the value of 28-day treasury bills allocated amounted to OR 30 …

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