Fitch Ratings Affirms QIIB’s Rating at ‘A’ with Stable Outlook
The credit rating agency Fitch announced that it has affirmed QIIB’s rating at ‘A’ with a stable outlook, which indicates the strength of the bank’s indicators and its solid financial position.
Explaining the rationale behind affirmation of QIIB rati…
German Government Tax Revenues Rise in First Half of 2024
German government tax revenues have slightly risen in the first half of 2024, in comparison to the same period of last year.
According to the German Finance Ministry’s monthly report, tax revenues amounted to 176.5 billion euros, an increase of 4.6 p…
QDB to Host 3rd Arab SME Summit (Rowad 2024)
Qatar Development Bank signed today a memorandum of understanding with the United Nations Economic and Social Commission for Western Asia (ESCWA) in the latest bid to promote and support SMEs in Qatar and the Arab region.
In line with the agreement, …
Japan’s Nikkei Closes Marginally Lower
Japan’s Nikkei index closed on the Tokyo Stock Exchange Tuesday with a marginal decline, coinciding with the rise in the value of the yen, investors’ monitoring of global political developments, and anticipation of the central bank meeting next week.
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Turkish Central Bank Keeps Interest Rate at 50 Percent
The Turkish Central Bank on Tuesday kept the interest rate fixed at 50 percent on repurchase operations (repo) for a week.
The Monetary Policy Committee of the Turkish Central Bank said in a statement that it decided to keep the interest rate constan…
Oil Prices Drop to Lowest Level in Over a Month
Oil prices closed lower at the end of Monday’s trading session, marking their lowest level in more than a month.
Brent crude futures fell by 23 cents, or 0.3 percent, to settle at $82.40 per barrel, the lowest level since June 11.
Similarly, the fut…