Market

QIB Closes Syndication of $1Billion Term Financing

Doha: Qatar Islamic Bank (QIB), Qatar’s largest Islamic bank, has announced the successful closure of its 3-years, $1Bn unsecured, Dual-tranche Term Murabaha Financing Facility. The Facility was substantially oversubscribed (2 times) at competitive al…

QNB: Rising Tariffs Strong Headwind to US Economic Growth

Doha: QNB said that rising tariffs would pose a significant headwind to US economic growth, as higher prices reduce household spending while uncertainty and mounting costs negatively impact production and investment. In its weekly report, the bank not…