Spot Value in Qatar

Doha: Rates against US Dollar as issued on Wednesday by Qatar National Bank (QNB) are as following: Currency Buying Selling QAR 3.64000 3.64150 SAR 3.75430 3.75470 AED 3.67260 3.67340 BHD 0.37680 0.37725 KWD 0.30610 0.30710 GBP 1.30860 1.30870 EUR 1.0…

Oil Edges up Following US Rate Cut Move

Oil prices gained slightly during early trade on Monday, boosted by expectations the US interest rate cut last week will support demand.

Brent crude futures for November were up 20 cents, or 0.3% at $74.69 a barrel. US crude futures for November we…

Gold Hits Record High in Spot Transactions

Gold prices rose to record highs Monday, amid signs in the market that more interest rate cuts are on the horizon, in addition to traders exploiting the momentum generated by the Federal Reserves decision to cut US interest rates.

Spot gold rose to…

QSE Index Rises 0.16% at Start of Trading

Doha: The general index of Qatar Stock Exchange rose 16.59 points, or 0.16%, at the start of trading on Monday, to reach the level of 10,455 points, compared to Sunday’s closing.

QSE index was supported by a rise Telecoms by 0.97%; Banks and Financi…

Dollar Rises, Yen Extends Decline

The US dollar index , which measures the greenback against six major currencies, was at 100.75, continuing to stay above the one-year low it hit last week, while the yen extended its decline in markets thinned by a Japanese holiday.

The dollar stre…

CBB Treasury Bills fully subscribed

Manama, This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

The issue date of the …