Market

Moody’s Affirms QIIB’s A2 Rating with Stable Outlook

Doha: Moody’s Ratings has affirmed the long-term issuer rating of Qatar International Islamic Bank (QIIB) at A2, maintaining a stable outlook and highlighting the lender’s financial resilience and ability to withstand evolving operational challenges.

Muscat Stock Exchange Records Slight Decline in Closing Index

Muscat: Muscat Stock Exchange (MSX) “30” index closed on Monday at 7,618.29 points, marking a decrease of 52.1 points, or 0.680 percent, compared to the last trading session, which closed at 7,670.43 points. The total trading value reached OMR 38,727,…

Oil Prices Plunge Over 4 Percent

Beirut: Oil prices tumbled in early Asian trade after US President Donald Trump announced a peace agreement with Iran and the resumption of shipping traffic through the Strait of Hormuz. Brent crude futures dropped $3.51, or 4.02 percent, to $83.82 a …