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European Stocks Close Lower Amid Middle East Tensions

Washington: European stock indices closed lower across the board today, amid escalating tensions in the Middle East that worried investors and prompted them to reduce their risk exposure. The European Stoxx 600 index fell by about 1.76%, while the Ger…

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IMF Downgrades Global Growth Forecast to 3% for 2026

Washington: The International Monetary Fund (IMF) on Wednesday downgraded its global growth forecast for 2026 to 3%, warning of persistent risks posed by the war in the Middle East and potential corrections in market expectations regarding artificial …

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QCB Reports 1.24% Growth in Foreign Exchange Reserves

Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) rose by 1.24% year-on-year in June, reaching QAR 262.114 billion, compared with the same period in 2025, when they stood at QAR 258.898 billion.

According to Qa…

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Exchange Rates in Qatar Show Varied Currency Values

Doha: The latest exchange rates in Qatar reveal a spectrum of buying and selling values for various global currencies against the Qatari Riyal. The exchange rates provide insights into the current financial landscape in the region, affecting both indi…

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