Market

Minister of State for Energy Affairs Meets Chairperson of CSSC

HE Minister of State for Energy Affairs and the President and CEO of QatarEnerg, Eng. Saad bin Sherida Al Kaabi met in Beijing on Monday with Chairperson of China State Shipbuilding Corporation (CSSC) Wen Gang.

The meeting with Chairperson of CSSC Ga…

Gold Retreats as Dampened Fed Rate Cut Hopes Dent Appeal

Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the Federal Reserve policy meeting and US non-farm payrolls data due this week for further clarity on monetary policy.

Spot gold fell 0.5% …

Economy: QIIB’s Profits Rise 6.1% in Q1 of 2024

Doha: Qatar International Islamic Bank’s (QIIB) profits grew 6.1 percent in Q1 of 2024 to QR 335,188,000, compared to QR 315,916,000 for the same period of the previous year.

The company’s earnings release carried by Qatar Stock Exchange’s website sa…