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Category: Industry

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

QSE Index Drops 0.07% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in three sect…

QSE Index Drops 0.07% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in three sect…

China’s Central Bank Pumps Over $94 Billion into Banking System

China’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.

The central bank said that the move aims to offset the impacts of tax period and keep liquidity reasonable and …

QIB Profits Surge 5.6% in H1 2024

Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.

Basic earnings per share for the six months ending June 30, 2024,…

QSE Index Closes 2.41 Points Lower

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday’s trading session with a slight decrease of 2.41 points, or 0.02 percent, settling at 10,193.89 points.

During the session, 139,616,727 shares were traded, amounting to a value of QR 324,340,9…

QIB Profits Surge 5.6% in H1 2024

Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.

Basic earnings per share for the six months ending June 30, 2024,…

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