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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…

Bahrain All Share Index marks 2,015.74 points

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…

Oil Holds Near Two-Month High on Higher Demand Outlook

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…

QSE Index Drops 5.88 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 5.88 points, or 0.06%, at the beginning of trading on Tuesday, reaching 10,000 points, compared to last closing.

QSE general index was weighed down by a decline in five sectors: Insurance …

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