Gulf Times

2 days ago | gulf-times.com | Yanis Varoufakis

The Spring Meetings of the International Monetary Fund and the World Bank are usually placid, forgettable affairs. Not this year. Several central bankers returned home with a visceral sense of dread. The reason? The spectre of the GENIUS Act – the stablecoin bill barrelling towards passage by the US Congress hot on the heels of President Donald Trump’s March 6 executive order establishing a strategic cryptocurrency reserve.

3 days ago | gulf-times.com | Santhosh V. Perumal

Ahead of the Eid holidays, the Qatar Stock Exchange (QSE) on Wednesday lost about 60 points, as foreign institutions squared off their position. The telecom, consumer goods and insurance counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.56% to 10,558.34 points, although it touched an intraday high of 10,603 points. The Gulf institutions were seen net profit takers in the main market, which registered 0.12% losses year-to-date.

3 days ago | gulf-times.com | Santhosh V. Perumal

For the first time in 28 years, Qatar Airways has entered into a QR4.5bn financing deal with a consortium of seven local banks, led by QNB. The financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive book runner, global coordinator, initial mandated lead arranger and stucturing bank, while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, Qatar Islamic Bank and QIIB.

3 days ago | gulf-times.com | Santhosh V. Perumal

For the first time in 28 years, Qatar Airways has entered into a QR4.5bn local-currency funding deal with a consortium of seven domestic banks, led by QNB. The financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive book runner, global coordinator; initial mandated lead arranger and structuring bank; while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, Qatar Islamic Bank and QIIB.

3 days ago | gulf-times.com | Shafeeq Alingal

Parks and beaches across Qatar are set to welcome visitors throughout the Eid al-Adha holidays, the Ministry of Municipality has said. In an X post, the ministry said that all arrangements have been made to prepare beaches and parks to host visitors while providing comfortable seating areas and recreational facilities for children. The ministry has intensified cleaning and maintenance works to ensure a safe and clean environment for all.