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The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday. Sri Lanka has requested foreign-exchange liquidity support for state b..
The State of Qatar has warned against the plans of the Israeli occupation authorities to approve about 4000 new settlement units in the occupied West Bank, considering them a flagrant violation of international law and resolutions of international le..
Global credit rating agency Moody's has upgraded its outlook on the Qatars banking sector to "stable" from "negative" as the pandemic challenges recede. "This reflects our view that operating conditions for the banks h..
The net profit of Doha Bank (a public Qatari shareholding company) jumped by 5.6 percent to reach the level of QR 401.445 million at the end of the first quarter of 2022, compared to a net profit for the same period last year, which amounted to QR 38..
Qatar Central Bank announced today that Eid Al Fitr holidays for all financial institutions in the country, including banks, exchange stores, insurance companies, finance, investment and financial advisories, will start on Sunday, May 1, 2022, until ..
Qatar Central Bank (QCB) on Wednesday directed all banks operating in the country to reduce and standardize fees charged from micro-companies and merchants distributing food commodities and private fuel stations. In a circular published on its off..
The war in Ukraine is set to cause the "largest commodity shock" since the 1970s, the World Bank has warned. In a new forecast, it said disruption caused by the conflict would contribute to huge price rises for goods ranging from natural..
Qatar Islamic Bank (QIB) has been recognized as the "Digital Bank of the Year" in Qatar by The Asset Triple A, organized by The Asset Magazine, a leading financial publication in the Asia-Pacific region. The Bank was also recognized for the..
Net profit of the Commercial Bank rose by 16.5% in the first quarter of 2022, reaching QR 702.269 million, in comparison to a net profit of QR 602.741 million for the same period of the previous year. The Earnings per Share (EPS) amounted to QR 0...
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