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European Stocks Close Lower, Weighed Down by Energy Stocks

European stocks on Tuesday closed lower , weighed down by energy stocks and as inflation data showed annual inflation accelerating in 14 European Union (EU) countries over the past month.

The Stoxx 600 index ended trading down 0.5 percent, erasing ga…

Turkiye Central Bank Keeps Interest Rate at 50 percent

Turkiye Central Bank has kept the interest rate unchanged at 50 percent on repurchase (repo) operations for one week.

The Monetary Policy Committee of the Turkiye Central Bank said in a statement that it had decided to keep the interest rate unchange…

Qatar Development Bank Launches the 2024 SME Directory

Qatar Development Bank (QDB) continues its efforts to bolster the private sector and achieve economic diversification, aiming for a self-sufficient circular economy. One of QDB’s key initiatives in this endeavor is the “SME Directory” which aims to co…

Standard Chartered: Qatar on Track to Double Economy by 2031

Standard Chartered’s “the Bank” recent global research highlights Qatar’s ability to restore government revenues to pre-2014 oil price shock levels and notes that it is on track to double the size of its economy by 2031.

This significant recovery is …