August 23, 2025

Muscat Stock Exchange Index Rises for 9th Consecutive Week

Muscat: The main index of the Muscat Stock Exchange recorded an increase of about 30 points during last week’s trading, closing at 4,960 points, maintaining its gains for the ninth consecutive week. In contrast, sectoral indices witnessed a decline am…

QNB: Rising Tariffs Strong Headwind to US Economic Growth

Doha: QNB said that rising tariffs would pose a significant headwind to US economic growth, as higher prices reduce household spending while uncertainty and mounting costs negatively impact production and investment. In its weekly report, the bank not…

QIB Closes Syndication of $1Billion Term Financing

Doha: Qatar Islamic Bank (QIB), Qatar’s largest Islamic bank, has announced the successful closure of its 3-years, $1Bn unsecured, Dual-tranche Term Murabaha Financing Facility. The Facility was substantially oversubscribed (2 times) at competitive al…