Doha: Qatar Central Bank (QCB) announced on Wednesday that it has lowered its key lending, deposit, and repo rates by 25 basis points, following an assessment of the country’s current monetary policy stance.
According to Qatar News Agency, in a stat…
Doha: Oil Prices Fall 1 Percent at Settlement: Oil prices slipped by 1 percent at the close of trading on Tuesday. Brent crude futures fell 55 cents, or 0.88 percent, to settle at $61.94 a barrel. US West Texas Intermediate (WTI) crude declined 63 cen…
Doha: The Qatar General Electricity and Water Corporation (Kahramaa) on Wednesday organized a site visit to Al Taadhod Trading and Contracting Group building in Birkat Al Awamer area. In a press release, Kahramaa said that the visit marks the group’s …
Doha: The Saudi Central Bank reduced its interest rate by 25 basis points to 4.25 percent, and lowered the reverse repo rate to 3.75 percent.
According to Qatar News Agency, the Bank stated that the decision aligns with global economic developments…