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Inflation, in particular, seems stuck more than a percentage point above the Fed's 2% target

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The GASTAT report showed that the increase is mainly attributed to a 3.7 percent rise in housing, water, electricity, gas, and other fuel prices

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The market capitalisation stood at QR628.990bn compared to QR619.908bn in the previous session

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The firm will offload a 25% stake in DIP and has roped in investment banks including ENBD Capital, HSBC, Citi, Arqaam Capital and EFG Hermes

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