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Category: Industry

Qatar Steel, Bahrain Steel Sign $1.266 Billion Supply Agreement

Doha: Qatar Steel and Bahrain Steel have entered into a significant agreement valued at USD 1.266 billion, as announced by the Ministry of Commerce and Industry. The deal, which spans five years, involves the supply of 5 million metric tons and aims t…

Kuwait Bourse Closes Higher with Gains Across All Indices

Kuwait City: Kuwait Bourse closed trading on Sunday as the All Share Index gained 23.70 points to reach 7,919.09 points, an increase of 0.30 percent. As many as 655.2 million shares valued at KWD 195.7 million (roughly USD 602.7 million) were traded v…

QCB Introduces Guidelines for Real Estate Escrow Account Operations

Doha: Qatar Central Bank (QCB), in coordination with the Real Estate Regulatory Authority – Aqarat, has issued instructions on the creation and operation of real estate development escrow accounts. The statement, released on Sunday, highlights QCB’s e…

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