Business

QSE Index Closes Slightly Higher

The Qatar Stock Exchange closed on Wednesday with a slight increase of 1.25 points or 0.01 percent, reaching the level of 10,406.70 points.

During the session, 152,490,343 shares were traded, with a total value of QAR 322,033,434.544, resulting from …

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Saudi Central Bank Slashes Rates by 50 bps

Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.

A statement from the bank said the move

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