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QIB’s Net Profit Rises by 5 Percent in 2025

Doha: Qatar Islamic Bank’s (QIB) net profit grew by 5 percent in 2025, reaching QAR 4,835 million, compared to QAR 4,605 million for the year 2024.

According to Qatar News Agency, the basic earnings per share (EPS) for the year 2025 is QAR 1.95, com…

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European Stocks Close at Record High

Gaza: European stock indices closed at new record highs at the end of Wednesday’s trading: European stock indices closed at new record highs at the end of Wednesday’s trading.

According to Qatar News Agency, the pan-European Stoxx 600 index closed u…

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Nikkei Tops 54,000 for First Time

Tokyo: Japanese stocks hit record highs Wednesday, with the Nikkei index surpassing 54,000 points for the first time, fueled by speculation that Japanese Prime Minister Sanae Takaichi may soon call for a snap general election. The Nikkei stock index, …

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Dollar Steadies as Yen Falls to 18-Month Low

Tokyo: The US dollar held near a one-month high, while the Japanese yen fell to its lowest level since July 2024 at 159.45 per dollar. The Dollar Index, which measures the performance of the US currency against six currencies, was steady at 99.154 poi…

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Gold Near Record-Highs, Silver Surpasses $90

Doha: Gold rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, the $90 mark, as softer-than-expected inflation readings cemented US interest rate cut bets. Spot gold rose 0.6% to $4,615.85 …

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QSE Index Falls 0.48% at Start of Trading

Doha: The Qatar Stock Exchange (QSE) general index saw a decline of 0.48%, equating to a drop of 53.69 points, at the start of trading on Wednesday. The index fell to 11,175 points from the previous session’s close, influenced by a downturn across all…

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