Global credit rating agency Capital Intelligence (CI) has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR)
The Qatar Stock Exchange (QSE) closed in the negative this week, which otherwise featured international interventions to diffuse the oil war.
International inventions to end the oil price war had its positive effect and was reflected on the Qatar Stock Exchange, which on Thursday gained more than 263 points and QR17bn in capitalisation.
As many as nine Qatari brands, including five listed banks and the national carrier Qatar Airways, feature prominently in the top 50 Middle East brands in 2020, despite the global pandemic Covid-19, according to Brand Finance, a global brand evaluation entity.
Qatar’s three ports – Hamad, Doha and Al Ruwais – witnessed robust expansion in cargo and container handling volumes in March this year despite the challenges on account of the pandemic Covid-19.
The Gulf funds’ bearish sentiments and the weakened net buying interests of local retail investors acted as a drag on the Qatar Stock Exchange, which yesterday settled a tad above 8,200 levels.
The telecom and transport sectors exhibited strong growth in net earnings but overall the profitability of the Qatar Stock Exchange (QSE)-listed firms were on the decline in 2019.
There is no more data