Banks in Qatar should have an initial three-pronged transition strategy as regulators across the globe strategise moving away from Libor (London Interbank Offered Rate) on which 25% of their financial products are linked, according to KPMG Qatar, a global consultant.
Attractive valuations and the continued positive sentiments on the consolidation wave in the domestic banking sector led the Qatar Stock Exchange (QSE) witness its key index barometer to surpass 9,300 levels
Doha has “significant” first-mover advantage for international firms, especially fintechs and others, in the digital landscape, in view of the opportunities in the country, whose ICT spending is expected to reach $9bn by 2024 ...
Foreign funds’ robust bullish outlook on Thursday propelled the Qatar Stock Exchange more than 92 points to place the key barometer in a higher 9,300 orbit.
Doha Bank is strengthening operations in its rep office in Japan to bring in more financial institutions from there to invest in Qatar’s capital market, especially through its exchange traded fund (QETF), as the two countries will celebrate the golden anniversary of bilateral relations next year.
Qatar saw a substantial three-digit growth in the building permits issued in four of its seven municipalities; indicating solid outlook for the construction sector in particular and non-hydrocarbons ...
Domestic and foreign funds’ net profit booking pressure on Wednesday steered the Qatar Stock Exchange back into negative turf and its key barometer lost 19 points.
The general cargo movement through the Hamad, Doha and Al Ruwais ports continued unhindered in June this year, amidst Covid-19, as it saw a robust three-digit surge year-on-year, according to official figures.
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