Market

Central Bank of Egypt Cuts Interest Rates by 100 Basis Points

Doha: The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to cut the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points, to 20.00 percent, 21.00 percent, and 20.50 …

Saudi Stock Index Closes Lower Amid Mixed Market Performance

Riyadh: The main Saudi stock index concluded Thursday’s trading session with a decline of 14.63 points, closing at 10,526.09 points. The day’s trading activities saw a total exchange value of SAR 1.6 billion.

According to Qatar News Agency, the sess…

Syria to Launch New Currency in January 2026

Doha: Syria’s central bank has announced that a new national currency will be introduced on January 1, 2026, with a process to exchange the existing notes set to begin on the same date. The move is seen as a significant step in the country’s economic …

QSE Index Declines by 36.39 Points on Thursday

Doha: The Qatar Stock Exchange (QSE) index closed on Thursday lower by 36.39 points, or 0.34 percent, to reach 10,801.22 points. During the session, a total of 60,886,156 shares were traded, with a value of QAR 156,597,584.724, through 6,526 transacti…