by Asharq Al-Awsat | Sep 20, 2017 | Business
London- Qatar pumped 29.1 billion riyals ($8 billion) into its banking system in August to cushion it from withdrawals by financial institutions from neighboring Arab states due to the Gulf’s diplomatic crisis, central bank data showed. The current crisis, triggered...
by Asharq Al-Awsat | Aug 25, 2017 | Business
London- Qatari banks started seeking funds from Asia and Europe after clients from Arab states withdrew billion dollars from their accounts, following the quartet-boycot of Saudi Arabia, UAE, Bahrain and Egypt to Qatar. While the Qatari government has placed large...
by Fatah Al-Rahman Youssef | Jun 13, 2017 | Business
Riyadh – Economists expect Qatari banks to undergo their toughest stage in the coming days and to enter the phase of international institutions’ short-term deposits drying up amid the rise of Qatar interest rate index, knowing that the lending cost is the...
by Asharq Al-Awsat | Nov 16, 2016 | Business
Kuwait- The Central Bank of Kuwait announced that the International Monetary Fund (IMF) mission to Kuwait expected a gradual revival in Kuwaiti non-oil sectors GDP up to 3.5% in the upcoming year and 4% in later years. The mission, in its concluding statement, also...
