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US Federal Reserve Cuts Interest Rate by 25 Basis Points

Washington: The US Federal Reserve, the central bank, has reduced its benchmark interest rate by 25 basis points, adjusting it to a range of 3.75 to 4 percent. This decision was announced as part of its efforts to address potential downside risks to e…

QIC Reports 10.73% Rise in Net Profit by End of Q3 2025

Doha: Qatar Insurance Company (QIC), a Qatari public shareholding company, reported a 10.73 percent increase in net profit for the first nine months of 2025, reaching QR 573.321 million, compared to QR 517.727 million during the same period last year….

Al Mahhar Holding Profits Surge 25.9%

Doha: Al Mahhar Holding Company net profits surged 25.9 percent during the first nine months of 2025, reaching around QR 35.57 million, compared to QR 28.25 million during the same period of 2024.

According to Qatar News Agency, data from the compan…