The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell.
The dollar index , which measures the US unit against six peers, was at 104.3.
The euro was at USD 1.08…
Continue ReadingDoha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.
Basic earnings per share for the six months ending June 30, 2024,…
Continue ReadingKuwait’s Minister of Foreign Affairs Abdullah Al-Yahya met Monday President of the 78th Regular Session of the United Nations General Assembly Dennis Francis.
The meeting was held at the UN Headquarters in New York, on the sidelines of Minister Al-Ya…
Continue ReadingChina’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.
The central bank said that the move aims to offset the impacts of tax period and keep liquidity reasonable and …
Continue ReadingDoha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in three sect…
Continue ReadingGaza – Ma’an – The Ministry of Health in Gaza said that the Israeli occupation committed two new massacres within 24 hours, resulting in 49 martyrs and 69 wounded arriving at hospitals.
It pointed out that the death toll from the Israeli aggression h…
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