Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.
The new discount rates will be effective tomorrow, Thursday.
CBK Governor Basel Al Haroon told the Kuwait News Agency…
Qatar Central Bank announced a 55 basis point cut to its benchmark interest rate on Wednesday.
A QCB post on X said the move came following an assessment of the State of Qatar’s current monetary policy, based on the Monetary Policy Committee decision…
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.
Brent crude futures gained 95 cents, or 1.3%, to se…
The Shura Council Qatar-Georgia Parliamentary Friendship Group visited the Parliament of Georgia within the framework of promoting the bilateral relations between the Shura Council and the Parliament of the Republic of Georgia.
Headed by HE Chairman …