Market

Inma Holding Net Profits Drop 53.8% During First Half of 2023

The net profit of Inma Holding declined by 53.8 percent in the first half of 2023 to reach QR 3.355 million compared to QR 7.276 million riyals during the same period in 2022.The company’s financial statements, published on the Qatar Stock Exchange (QS…

Saudi Arabia’s GDP Increases by 1.1 Percent in Q2 of 2023

The real gross domestic product (GDP) in the Kingdom of Saudi Arabia increased by 1.1 percent during the second quarter of 2023, compared to the same period of 2022.According to Saudi’s General Authority for Statistics (GASTAT), there was a positive in…

QNB Predicts Recession in US Economy in 2024

Qatar National Bank (QNB) Group has predicted a recession in the US economy during the upcoming 12 months, pointing out that the US economy continues to demonstrate its resilience despite significant headwinds from high inflation, tighter financial co…