Market

Fitch Affirms QIIB’s Rating at ‘A’

Doha: Fitch Ratings has affirmed Qatar International Islamic Bank’s (QIIB) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ and its Short-Term IDR at ‘F1’. The bank remains on Rating Watch Negative (RWN).

According to Qatar News Agency,…

Kuwait Crude Oil Price Falls by $4.13 per Barrel

Kuwait city: The price of Kuwaiti crude oil dropped significantly by $4.13 to $103.82 per barrel in trading on Friday, compared to $107.95 per barrel the previous day. This change was reported by the Kuwait Petroleum Corporation.

According to Qatar …