Market

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…

AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting that the conference agenda touches on important topics for Arab markets.

He acknowl…