Market

Gold Prices Little Changed

Singapore, Gold prices were little changed on Tuesday as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further cues about the US interest rate outlook.

Spot gold was steady at $2,332.27 per ounce. US gold futur…

Saudi Mining Services Company Unveils New Strategy

Riyadh: The Saudi Mining Services Company “ESNAD,” the executive and operational arm of the Ministry of Industry and Mineral Resources, has unveiled its new strategy, which will run through 2026. The objective is to facilitate the transformation of th…

QSE Index Drops 5.88 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 5.88 points, or 0.06%, at the beginning of trading on Tuesday, reaching 10,000 points, compared to last closing.

QSE general index was weighed down by a decline in five sectors: Insurance …

Fitch Affirms Qatar Islamic Bank at ‘A’; Outlook Stable

Doha: Global Credit rating agency “Fitch Ratings” has affirmed Qatar Islamic Bank (Q.P.S.C)’s (QIB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook.

QIB’s Viability Rating (VR) reflects the bank’s high exposure to Qatar’s operating…