Qatar: The QE Index dived 1.78% to close at 8,821.07. Shares of Industries Qatar plummeted 3.03%, finishing at QR144. The country's second lender Commercial Bank of Qatar, known as CBQ, closed 2.11% lower at QR88. Earlier in the day, CBQ announced it has signed a Memorandum of Understanding (MoU) with Qatar Development Bank (QDB), "that will see the two banks work together on "Al Dhameen" a loan assurance program for Small and Medium Enterprises (SMEs), in Qatar." Qatar General Insurance was one of the top gainers, closing 5.09% higher at QR64. [AMEInfo.com]
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