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Fitch Affirms QIB’s Credit Rating at ‘A’ with Rating Watch Negative

Doha: Qatar Islamic Bank (QIB) announced that Fitch, the international credit rating agency, affirmed QIB's Credit Rating at 'A' with a Rating Watch Negative (RWN). This development was shared in a press release published on the Qatar Stock Exchange website.

According to Qatar News Agency, QIB, a Qatari Public Shareholding Company (Q.P.S.C), reported a net profit of QR 985.6 million for the first quarter of this year. This is a slight increase from QR 985.1 million for the same period in 2025. Additionally, the earnings per share remained consistent at QR 0.42 for the first quarter of 2026, unchanged from the previous year.

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Gold Prices Climb by One Percent Amid Declining Oil Prices

London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.

According to Qatar News …