Market

Ooredoo Announces Date to Pay Interest to Bondholders

Doha: Ooredoo announced Monday that Ooredoo International Finance Limited (OIFL), its wholly-owned subsidiary, will pay its Global Medium Term Note (GMTN) holders’ interest payment on 31 January 2025.

According to Qatar News Agency, in an announceme…

Saudi Arabia, Oman Sign MoU to Enhance Financial Cooperation

Riyadh: Saudi Arabia’s Minister of Finance, Mohammed bin Abdullah Al Jadaan, and his Omani counterpart, Sultan bin Salem Al Habsi, signed a memorandum of understanding (MoU) to enhance cooperation in financial matters between the two countries.

Acc…

Kuwait Bourse Closes Lower as All Share Index Declines

Kuwait City: Kuwait Bourse closed trading on Thursday as the All Share Index lost 10.34 points to reach 7,949.20 points, a decrease of 0.13 percent. As many as 317.5 million shares valued at KWD 82.6 million (roughly USD 252.7 million) were traded via…

Dollar Steady After Solid US Jobs Data

New York: The US dollar maintained its strength at 109.67 against a basket of currencies, remaining near its highest level since November 2022, following a strong US jobs report.

According to Qatar News Agency, both the euro and the New Zealand doll…