Business / Qatar Business

CBFS wins ‘Most Innovative Mobile Trading Application’ award in Qatar 16 Aug 2022 - 08:26 am

Doha: Commercial Bank Financial Services (CBFS), a fully owned subsidiary company of Commercial Bank Group, has received the “Most Innovative Mobile Trading Application”...

QSE listed companies’ net profits up 29.24% to QR27.19bn in H1, 2022 16 Aug 2022 - 08:24 am

Doha: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the six month period ended June 30, 2022....

Qatar’s IPI up 1.1% in June 2022 16 Aug 2022 - 08:22 am

Doha: Qatar’s Industrial Production index (IPI) for June 2022 stood at 99.7 points, showing an increase of 1.1 percent compared to the previous...

CPI increases 4.98 percent in July 15 Aug 2022 - 08:55 am

Doha: The Consumer Price Index (CPI) of July 2022 reached 103.65 points showing an increase of 0.49 percent when compared to CPI of...

Qatar’s budget surplus to grow 57.6% in 2023: IMF 15 Aug 2022 - 08:54 am

Doha: The International Monetary Fund (IMF) expects the State of Qatar’s budget surplus to grow 57.6 percent in 2023 to QR70.3bn, compared to...

QIB announces third Misk Account millionaire 15 Aug 2022 - 08:53 am

Doha: Qatar Islamic Bank (QIB) yesterday announced the third millionaire winner of its highly anticipated Misk Account draw. The draw was held in...

Mannai Corporation posts QR489m gross profit on consolidated revenue of QR2.6bn 15 Aug 2022 - 08:43 am

Doha: Mannai Corporation yesterday announced its first half year results for the period ended June 30, 2022. Subsequent to the same period, the...

Baladna achieves net profit of QR 48 million for first half of 2022 15 Aug 2022 - 08:29 am

Doha:Baladna Q.P.S.C. yesterday announced its results for the six months period ended 30 June 2022 (H1 2022). Revenue of QAR 484 million (27%...

Qatar Stock Exchange gains 0.38% 14 Aug 2022 - 04:02 pm

Doha: Qatar Stock Exchange (QSE) index gained 52.30 points, or 0.38 percent, to close trading at 13,796.2 points on Sunday. The volume of...

Nearly 4,500 hotel rooms likely to be added in 2022 14 Aug 2022 - 09:09 am

Doha: Around 4,500 new hotel keys are expected to be delivered to the market throughout 2022, with most targeting opening dates in the...

Dukhan Bank announces August Thara’a draw winners 14 Aug 2022 - 09:07 am

Doha: Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the...

Oil falls on hopes that US supply disruption will ease: Al Attiyah Foundation 14 Aug 2022 - 08:55 am

Doha: Oil prices fell around 2 percent on Friday, on expectations that supply disruptions in the US Gulf of Mexico would be short-term,...

QSE Index rises by 1.29 percent 12 Aug 2022 - 09:30 am

Doha: The general index of Qatar Stock Exchange (QSE) recorded yesterday an increase of 174.95 points, or 1.29 percent, to reach 13,743.90 points....

QIIB raises non-Qatari investor ownership limit threshold to 100% 12 Aug 2022 - 09:30 am

Doha: Qatar International Islamic Bank (QIIB) announced that, after obtaining all necessary approvals, the non-Qatari Investor Ownership Limit threshold has been increased to...

Portsmouth Aviation announces opening of office in Qatar Free Zone 12 Aug 2022 - 09:29 am

Doha: Portsmouth Aviation UK has announced the opening of its office in Qatar Free Zone, to serve the growing demand and client base...

Ezdan Holding net profit rises to QR262.39m in first half 12 Aug 2022 - 09:29 am

Doha: Ezdan Holding Group yesterday announced the interim financial statement for the six-month period ending 30 June 2022, showing a net profit of...

Saudi Central Bank launches POS between Saudi Arabia and Qatar 12 Aug 2022 - 09:28 am

Doha: Saudi Central Bank (SAMA) announced today the launch of a point of sale (POS) service between the Saudi payments network (Mada) and...

GIS reports net profit of QR168m for first half 12 Aug 2022 - 09:26 am

Doha: Gulf International Services (GIS or the Group), yesterday reported a net profit of QR168m for the six-month period ended 30 June 2022,...