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 …
Doha: Fitch Ratings has affirmed Commercial Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Fitch has also affirmed the Bank’s Viability Rating (VR) at ‘bb+’.
According to Fitch, Commercial Bank’s successful rating drivers …
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 …
The Ministerial Council for the Economy obliged government agencies to purchase the national product in support of the country’s economy.
A statement by the Ministry of Foreign Affairs said that Deputy Prime Minister, Minister of Foreign Affairs, and…