June 3, 2025

34 Killed, Over 56,000 Affected by Severe Floods in India

Imphal: Indian authorities announced that at least 34 people were killed as a result of the severe floods and landslides that have struck the northeastern state of Manipur over the past four days, affecting more than 56,000 people.

According to Qata…

Oil Prices Surge 2% to Reach Two-Week High

Doha: Oil prices rose about 2% Tuesday to their highest level in two weeks: Oil prices experienced a significant increase, with a rise of approximately 2% on Tuesday, reaching their highest point in two weeks.

According to Qatar News Agency, Brent …

QIB Mandates Banks for USD-Denominated Sukuk Issuance

Doha: Qatar Islamic Bank (QIB) has taken a significant step in its financial strategy by mandating a consortium of major banks to facilitate the issuance of a USD-denominated Sukuk. The selected banks, including Abu Dhabi Islamic Bank, Bank ABC, Dubai…