Business

AlRayan Bank’s Net Profit Down 16% in H1 2026

Doha: AlRayan Bank’s net profit dropped by 16% in H1 2026 to reach QAR 687.5 million, compared to QAR 821.4 million in H1 2025. The financial report highlights a significant decline in earnings, reflecting the challenging economic conditions faced by …

US Imposes 50% Tariffs on Wide Range of Canadian Products

Doha: The White House announced that the United States will impose 50% tariffs on a wide range of Canadian products in response to what it described as Canada’s “discriminatory treatment” of US automobiles, dairy products, and other American goods.

QIIB H1 Profits Rise 3.5% in H1 of 2026

Doha: Qatar International Islamic Bank (QIIB), a Qatari public shareholding company, saw its net profit increase by 3.5 percent in the first half of 2026, reaching QR 713.3 million, compared to a net profit of QR 689.1 million in the same period of 20…