Market

QCB Maintains Current Interest Rates

Doha: The Qatar Central Bank (QCB) decided on Wednesday to maintain the current interest rates for QCB Deposit Rate (QCBDR), QCB Lending Rate (QCBLR), and QCB Repo Rate (QCBRR) following an assessment of Qatar’s current monetary policy.

According to…

Saudi EXIM Bank, InvestChile Sign MoU to Boost Economic Ties

Riyadh, The Saudi Export-Import Bank (Saudi EXIM Bank) and Chilean Foreign Investment Promotion Agency (InvestChile) have signed a memorandum of understanding to strengthen cooperation and commercial ties, promote Saudi exports and investments in Chil…

Oil Futures Rebounds Over $1 after 7-Week Lows

Oil futures rebounded more than $1 a barrel from 7-week lows.

Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.

US West Texas Intermediate (WTI) crude futures rose $1.15, …