Market

Qatar Energy Announces Fuel Prices for the Month of March

Doha: Qatar Energy Saturday announced fuel prices in the country for the upcoming month of March, with prices witnessing an increase for diesel, gasoline 95 (Super), and gasoline 91 (Premium).

According to Qatar News Agency, Qatar Energy set the pri…

Germany’s Annual Inflation Rate Falls to 1.9 Percent in February

Doha: Germany’s annual inflation rate fell to 1.9 percent in February, compared to 2.1 percent in the previous month.

According to Qatar News Agency, the German Federal Statistical Office stated in a press release Friday that the country’s annual in…

Qatar Islamic Bank Issues $750 Million International Sukuk

Doha: Qatar Islamic Bank (QIB) has successfully issued a $750 Million senior unsecured Sukuk with a five-year tenor at a profit rate of 4.402%, equivalent to 80 basis points over US Treasuries. The final pricing came well inside QIB’s fair value, refl…

Oil Declines as US-Iran Talks Ease Supply Risks

Geneva: Oil prices declined on Friday as concerns over potential supply disruptions eased after the United States and Iran agreed to extend negotiations over Tehran’s nuclear program. Brent crude futures fell 28 cents, or 0.4%, to $70.47 per barrel, w…