January 13, 2025

Central Bank of Kuwait Issues KD 200 Million Bond, Tawarruq

The Central Bank of Kuwait: The Central Bank of Kuwait announced Monday the allocation of bonds and tawarruq issuance worth KD 200 million (approximately USD 660 million).

According to Qatar News Agency, the Bank stated that the maturity of the issu…

Gold Eases on US Jobs Report

Doha: Gold prices edged lower on Monday as a stronger-than-expected US jobs report reinforced the Federal Reserve’s cautious stance on rate cuts and boosted the US dollar, weighing the bullion. Spot gold fell 0.2 percent to USD 2,684.39 per ounce. US …

QNB Group Reports 8% Profit Increase in 2024

Doha: Qatar National Bank (QNB Group)’s net profits for the year 2024 grew by 8 percent to reach QAR 16.7 billion (USD 4.6 billion), compared to QAR 15.5 billion in 2023. The group revealed in its financial disclosure, published on the Qatar Stock Exc…

QSE Index Loses 13.54 Points at Beginning of Monday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 0.13 percent at the beginning of Monday’s trading, losing 13.54 points and thus falling to 10,391 points, compared to the closing of Sunday’s session, under pressure from five sectors.

According to Qatar N…