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Portuguese Lucas Joao Departures Umm Salal SC

Doha: Umm Salal SC announced the departure of Portuguese footballer Lucas Joao following the end of his contract on June 30.

Joao leaves Umm Salal SC after only a short period of experience with the team. He was transferred during the winter 2023/24 …

Fitch Affirms Qatar Islamic Bank at ‘A’; Outlook Stable

Doha: Global Credit rating agency “Fitch Ratings” has affirmed Qatar Islamic Bank (Q.P.S.C)’s (QIB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook.

QIB’s Viability Rating (VR) reflects the bank’s high exposure to Qatar’s operating…

Gold Prices Little Changed

Singapore, Gold prices were little changed on Tuesday as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further cues about the US interest rate outlook.

Spot gold was steady at $2,332.27 per ounce. US gold futur…

Finance Minister Meets Yemeni Counterpart

Doha: HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Minister of Finance of the Republic of Yemen Salem Saleh bin Bureik, during his visit to Doha.

During the meeting, they discussed bilateral relations between the two countries in the fi…

QSE Index Drops 5.88 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 5.88 points, or 0.06%, at the beginning of trading on Tuesday, reaching 10,000 points, compared to last closing.

QSE general index was weighed down by a decline in five sectors: Insurance …

QSE General Index Closes Stable

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday’s trading stable at the level of 10,006 points, declining slightly by 0.45 points, or by 0.00 percent.

During the session, 124,403,130 shares were traded, with a total value of QR 397,507,918….

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