Market

European Indices Open Lower

Washington: European stock markets declined on Wednesday amid renewed tensions in the Middle East, which pushed up oil prices and government bond yields. Among the major markets, Germany’s DAX index in Frankfurt fell 0.88%, Britain’s FTSE 100 index in…

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 …

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…