June 17, 2026

IEA Predicts Tumbling Global Oil Demand in 2026

Doha: The International Energy Agency (IEA) has downgraded its forecast for global oil demand in 2026, projecting a decline of 1.1 million barrels per day, in a sharp revision to its previous estimates. The agency attributed the downward adjustment to…

Moody’s Affirms QIB’s A1 Rating with Stable Outlook

Doha: Moody’s has affirmed the long-term credit rating of Qatar Islamic Bank (QIB) at A1 with a stable outlook.

According to Qatar News Agency, QIB reported a net profit of QAR 985.6 million in the first quarter of 2026, compared with QAR 985.1 mil…