Doha: Qatar National Bank (QNB) Group, a Qatari public shareholding company, announced Tuesday its decision to distribute semi-annual dividends to shareholders, making it the first financial institution in the country to adopt this approach.
QNB expl…
Singapore, Gold prices were little changed on Tuesday as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further cues about the US interest rate outlook.
Spot gold was steady at $2,332.27 per ounce. US gold futur…
Seoul, Consumer prices in South Korea rose 2.4 percent on-year last month, compared with a 2.7 percent on-year rise a month earlier.
South Korea’s consumer prices slowed to an 11-month low in June, though prices of fresh food items and petroleum prod…
Amman, The World Bank (WB) has approved financing for Jordan worth $700 million to enhance human capital and invest in education, health, and social assistance domains.
The Human Capital Program and the Education, Skills, and Administrative Reforms M…
Doha: Global Credit rating agency “Fitch Ratings” has affirmed Qatar Islamic Bank (Q.P.S.C)’s (QIB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook.
QIB’s Viability Rating (VR) reflects the bank’s high exposure to Qatar’s operating…
ManamaBahrain All Share Index has closed at 2,015.74 points, marking a decrease of 1.41 points below the previous closing.
This decrease was due to the drop in the communication services sector and the financial sector.
Bahrain Islamic Index has clo…
Singapore, Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible US interest rate cuts that could boost economic g…
Doha: Qatar Airways Group has Tuesday reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023-2024 financial year.
The multiple award-winning …
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency