Business

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…

Dollar Declines Ahead of Fed’s First Decision Under Warsh

Tokyo: The dollar declined on Wednesday ahead of the Federal Reserve’s first monetary policy decision under its new chairman, Kevin Warsh, amid widespread anticipation from investors.

According to Qatar News Agency, the Japanese yen did not rise sig…

Saudi Stock Market Ends Trading Session Lower

Doha: The Saudi benchmark stock index closed Wednesday’s trading session down 30.65 points, reaching a level of 11,114.90 points, with total trading value amounting to SAR 4.2 billion. The volume of shares traded during the session stood at 181 millio…