Financial conditions across advanced economies are at the tightest levels since the onset of the Covid-pandemic, said Qatar National Bank (QNB) in its weekly commentary.According to QNB, a good indicator is provided by the Financial Conditions Index, …
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Qatar Chamber Discusses Enhancing Cooperation Relation with Turkiye’s Trabzon, Manisa Chambers
Qatar Chamber (QC) recently held a meeting with officials from the Trabzon Chamber of Commerce and Industry (TCCI) and the Manisa Chamber of Commerce and Industry (MCCI).QC First Vice-Chairman Mohamed bin Twar Al Kuwari met at the Chamber’s premises w…
Saudi Minister of Industry and Mineral Resources embarks on official visit to Egypt
The Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, has commenced an official visit to Egypt to discuss bilateral relations and explore opportunities to enhance cooperation in the industry and mining sectors. Accompanying him…
KSrelief Delivers Financial Assistance to Honduras
A team from the King Salman Humanitarian Aid and Relief Center (KSrelief) has commenced an official visit to the Republic of Honduras to deliver financial assistance to alleviate humanitarian needs.The financial assistance was handed over during a cere…
CEOs’ Forum of Dubai Clubs reviews ways of increasing financial performance competency, boosting assets value
DUBAI, 3rd June, 2023 (WAM) — Dubai Sports Council (DSC) has organised a forum for CEOs of football companies on Friday, as part of the implementation of the Council’s strategic plan to develop football in Dubai sports clubs. The Forum, held under the…
Minister of State for Financial Affairs meets Mexican government officials to strengthen efforts across areas of mutual interest
DUBAI, 3rd June, 2023 (WAM) — Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met with a number of government officials from the United Mexican States (Mexico) at the Ministry’s headquarters in Dubai. A part of the Ministry of Finan…
US economy adds 339,000 jobs in May
The US economy added 339,000 jobs in May whereas the unemployment rate rose to 3.7 percent from 3.4 percent, the Bureau of Labor Statistics showed Friday.Accounting to the Bureau of Labor Statistics, job gains occurred in professional and business serv…
Japanese Stocks Surge to 32-Year High
Japanese stocks rose Friday to a three-decade high after the US Congress approved a bill raising the debt ceiling.The Nikkei index rose 1.21 percent to 31,384.93 points, the highest close since July 1990. The broader Topix index rose 1.55 percent to 2…
QCB Issues Treasury Bills Worth QR 5 Billion
Qatar Central Bank (QCB) issued treasury bills for June for maturity dates of a week, one month, three months, six months, and nine months’ worth QR 5 billion.The Qatar Central Bank said, on its website, that the issuance of treasury bills was distrib…
Minister of Finance Meets in Paris with Officials at International Financial and Governmental Institutions
HE Minister of Finance Ali bin Ahmed Al Kuwari met with a number of officials at financial and governmental institutions, during his visit and the accompanying delegation to the French capital Paris.The meetings were held, among others, with Sebastien …
Kuwait crude oil down US$2.56 to US$74.37 pb
KUWAIT, 1st June, 2023 (WAM) — The Kuwaiti oil price dropped by US$2.56 to US$74.37 pb on Wednesday against US$76.93 pb on the previous day, Kuwait Petroleum Corporation (KPC) announced on Thursday. According to Kuwait News Agency (KUNA), at internat…
Sudanese Army unilaterally walks out of talks with foes
The General Command of the Sudanese Armed Forces on Wednesday declared unilateral suspension of the talks held in Jeddah.The command said in a statement that it was unilaterally holding the discussions due to continuous “breaches” by the Rapid Support…