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Edaa Raises Foreign Ownership Limit in Ahli Bank to 100%

Doha: Edaa (Qatar Central Securities Depository) announced on Monday that it has raised the foreign ownership limit in Ahli Bank Q.P.S.C. to 100% of the bank’s total capital.

According to Qatar News Agency, Ahli Bank reported a net profit of QR 402….

Oil Gains after OPEC+ Announces Modest Output Hike

Doha: Oil prices gained around 1% in early trading on Monday after OPEC+ announced a lower-than-expected increase in production, easing some concerns about a potential supply surge. Brent crude futures rose 63 cents, or 1%, to $65.16 a barrel, while U…