Qatar and South Korea are actively exploring ways to enhance their economic and financial collaboration, focusing on areas where both nations share mutual interests. The dialogue took place between Qatar's Finance Minister, Ali bin Ahmed Al Kuwari, and South Korea’s Deputy Prime Minister for Economic Affairs and Minister of Economy and Finance, Koo Yun Cheol. This meeting was held during the G20 Finance Ministers...
The Qatar Central Bank (QCB) has introduced a new policy allowing qualified payment service providers to establish accounts directly with the central bank, giving them direct access to the Real-Time Gross Settlement System (QA-RTGS). This initiative marks a significant shift in how settlement operations are conducted, enabling payment providers to bypass intermediaries and streamline their processes.
Under the new framework, providers like SADAD Payment Solutions...
Oman is resisting pressure from the United States to distance itself from Iran, asserting that its dealings with Tehran are solely concentrated on ensuring...
Negotiations aimed at reopening the Strait of Hormuz have reached a decisive stage as Qatar sends mediators to Tehran amidst growing tensions between Iran...
