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Category: Industry

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…

Exchange Rates in Qatar for Major Currencies and Metals

Doha: The latest exchange rates for various currencies and metals in Qatar have been released. The U.S. Dollar is currently trading between 3.63000 and 3.65000 Qatari Riyals. The Omani Riyal ranges from 9.39700 to 9.65100, while the Saudi Riyal is pri…

Minister of Finance Meets Official from Republic of Korea

Doha: HE Minister of Finance, Ali bin Ahmed Al Kuwari met with HE Special Presidential Envoy and Ambassador for Investment and Industrial Cooperation of the Republic of Korea, Choi Joong Kyung, who is visiting. The meeting focused on discussions about…

QNB: US Economic Plan 3-3-3 Ranges from High Hopes to Uncertainty

Doha: The United States’ 3-3-3 economic plan has a high chance of accomplishing some objectives while encountering uncertainty in other areas, said Qatar National Bank (QNB) in its weekly commentary.

According to Qatar News Agency, the global growth…

Mekdam Holding’s Net Profits Rise by 7.3 Percent in 2024

Doha: Mekdam Holding, a Qatari public shareholding company, reported a 7.3 percent increase in net profits, reaching QAR 38.9 million in 2024, compared to QAR 36.3 million in 2023.

According to Qatar News Agency, data published on the Qatar Stock Ex…

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