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The Qatari Riyal is the official currency of Qatar. It is denoted by the currency code QAR. The Riyal is subdivided into 100 dirhams. It is issued and regulated by the Qatar Central Bank.The Qatari Riyal has been in circulation since 1973, when it replaced the Qatar and Dubai Riyal at a fixed exchange rate. The Riyal is widely accepted in Qatar for all transactions, both cash and electronic.The Qatari Riyal is a stable currency, backed by the country's vast reserves of oil and natural gas.
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ZURICH, Nov 16 (Reuters) - EFG International (EFGN.S) shares surged by 3% in early trading on Thursday following the release of impressive financial results for the first 10 months of the year. The Swiss private bank reported a net profit exceeding 240 million Swiss francs ($270.09 million), showcas
An aerial view of an unknown cargo ship off the coast of Guangdong, China. The two Chinese shipping firms have had their US assets' frozen, alongside other punitive measuresFeatured|MarketsAuthor:Soph...
Futures and stocks are different types of financial assets that have different characteristics, risks, and rewards. Here are some of the main differences between them:Futures are contracts that oblige the buyer and seller to exchange an asset at a predetermined price and date in the future. Stocks a
Micro, Small and Medium Enterprises (MSMEs) are emerging as a pivotal force in driving financial inclusion in Nigeria. Financial inclusion is increasingly recognized as a catalyst for entrepreneurial growth and enterprise inclusiveness.A study conducted in Southwest Nigeria has shed light on t
Investment schemes come in various forms, and while some are legitimate, others are fraudulent. Ponzi scheme is one of the fraudulent investment schemes that have been around for decades. It is a type of investment fraud that promises high returns on investment to attract unsuspecting investors. How
