AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting

AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting that the conference agenda touches on important topics for Arab markets.

He acknowl…

Beema’s Q1 of 2024 Net Profit Reaches QR 16.1 million

Doha: Damaan Islamic Insurance Company (Beema) saw its Q1 profit rise 18.1 percent, reaching a net profit of QR 16,155,896 in comparison to net profit QR 13,669,950 for the same period of the previous year.

The company said in a statement carried by …

AFCM Annual Conference 2024 Kicks Off

Doha: Under the patronage of HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, HE Minister of Commerce and Industry and Chairman of the Qatar Stock Exchange (QSE) Sheikh Mohammed bin Hamad bin Qassi…

Germany Plans 16.4 Billion Euro in Rail Investments This Year

German national railway Deutsche Bahn plans to renew 2,000 kilometers of track and 2,000 points this year as part of an effort to update the ageing rail infrastructure in Germany.

Total investments in rail infrastructure by Deutsche Bahn as well as G…

Qatar Insurance Records QR 194.6 Million in Profits in Q1 of 2024

Doha: Qatar Insurance saw its Q1 profits rise 12.4 percent, reaching a net profit of QR 194,563,000 in comparison to net profit QR 173,153,000 for the same period of the previous year.

The company said in a statement carried by Qatar Exchange’s offic…

Gold Retreats as Dampened Fed Rate Cut Hopes Dent Appeal

Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the Federal Reserve policy meeting and US non-farm payrolls data due this week for further clarity on monetary policy.

Spot gold fell 0.5% …

S. Korea’s Retail Sales Rise 10.9% in March

Retail sales in South Korea rose 10.9% on-year in March on the back of stronger demand for travel and entertainment services from online platforms.

The combined sales of 25 major offline and online retailers came to 15.8 trillion won ($11.45 billion)…