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Category: Industry

Fitch Affirms Qatar Islamic Bank at ‘A’; Outlook Stable

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…

Mazad announces strategic partnership with ASRY

Manama: Bahrain’s leading auction platform Mazad, a local portfolio company of Bahrain Mumtalakat Holding Company mandated with overseeing Bahrain’s public and online auctions, has announced a strategic partnership with the Arab Shipbuilding and Repai…

CBB Treasury Bills Fully subscribed

Manama: This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain….

QSE Index Surpasses 10,000 Points

Doha: The Qatar Stock Exchange (QSE) general index closed at 10,006 points on Monday, 42.040 points (0.42 percent) up from its previous closing.

A trading volume of 133,261,409 shares was registered in 16,350 transactions in all sectors, with a total…

Japan’s Stocks Rise

Tokyo stocks rose Monday morning after the Bank of Japan’s Tankan survey showed a better-than-expected improvement in sentiment among major manufacturers.

The 225-issue Nikkei Stock Average gained 104.32 points, or 0.26 percent, to 39,687.40.

The br…

S. Korea’s Exports Extend Gains to 9th Straight Month in June

South Korea’s exports extended on-year gains to the ninth straight month in June on the back of record performance of semiconductors, data showed Monday.

Outbound shipments rose 5.1 percent on-year to 57 billion USD last month, according to the data …

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