Doha: The general index of Qatar Stock Exchange (QSE) dropped 33.14 points, or 0.31%, at the start of Wednesday’s trading, reaching the level of 10,584 points. This decline was observed in comparison to the previous day’s closing figures. According to Qatar News Agency, the index’s decline was primarily influenced by five sectors that experienced a … Read more
Doha: For the first time in 28 years, Qatar Airways has signed a landmark agreement with leading local Qatari banks, led by Qatar National Bank (QNB), to secure QR4.5 billion in strategic financing. According to Qatar News Agency, the financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led … Read more
Seoul: South Korea’s inflation rate slowed in May, reaching 1.9% year-on-year, its lowest level in five months. In a statement, the Korean Statistics Agency attributed the slowdown primarily to falling oil prices, although the weaker local currency continued to pressure imports, raising import costs. According to Qatar News Agency, consumer inflation had remained above the … Read more
Ras Bufontas: HE Chief Executive Officer of Qatar Free Zones Authority (QFZ) Sheikh Mohammed bin Hamad bin Faisal Al-Thani met with HE Ambassador of Japan to the State of Qatar Naoto Hisajima. The meeting took place at the Business Innovation Park in Ras Bufontas Free Zone. According to Qatar News Agency, the two sides discussed … Read more
Doha: Qatar Investment Authority (QIA) and Msheireb Properties have signed a strategic partnership to accelerate the expansion of sustainable urban projects in the State of Qatar. Under the agreement, QIA will become a strategic shareholder in Msheireb Properties, joining Qatar Foundation for Education, Science and Community Development, which retains its majority stake of 51%. QIA … Read more