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QCB Reports 1.24% Growth in Foreign Exchange Reserves

Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) rose by 1.24% year-on-year in June, reaching QAR 262.114 billion, compared with the same period in 2025, when they stood at QAR 258.898 billion.

According to Qa…

European Stocks Close Lower Amid Middle East Tensions

Washington: European stock indices closed lower across the board today, amid escalating tensions in the Middle East that worried investors and prompted them to reduce their risk exposure. The European Stoxx 600 index fell by about 1.76%, while the Ger…

Ukraine’s Marta Kostyuk Advances to Wimbledon Semifinals

Ukraine: Ukraine’s Marta Kostyuk advanced on Wednesday to the Wimbledon semifinals after defeating Italy’s Jasmine Paolini in straight sets in the quarterfinals. Kostyuk secured a 6-3, 6-2 victory to reach the Wimbledon semifinals for the first time i…

IMF Downgrades Global Growth Forecast to 3% for 2026

Washington: The International Monetary Fund (IMF) on Wednesday downgraded its global growth forecast for 2026 to 3%, warning of persistent risks posed by the war in the Middle East and potential corrections in market expectations regarding artificial …