Beijing: The People’s Bank of China (PBOC) announced that it will launch a one-year medium-term lending facility worth 600 billion yuan (about $84.13 billion) on Monday to maintain ample liquidity in the country’s banking system. According to Qatar News Agency,

Doha: QNB said that rising tariffs would pose a significant headwind to US economic growth, as higher prices reduce household spending while uncertainty and mounting costs negatively impact production and investment. In its weekly report, the bank noted that since

Muscat: The main index of the Muscat Stock Exchange recorded an increase of about 30 points during last week’s trading, closing at 4,960 points, maintaining its gains for the ninth consecutive week. In contrast, sectoral indices witnessed a decline amid

Doha: Qatar Islamic Bank (QIB), Qatar’s largest Islamic bank, has announced the successful closure of its 3-years, $1Bn unsecured, Dual-tranche Term Murabaha Financing Facility. The Facility was substantially oversubscribed (2 times) at competitive all-in pricing and upsized from its initial