Business

Jack Ma-backed Ant Group plans to pare stake in India’s Paytm 25 Feb 2023 - 11:47 am

Ant Group Co. is considering selling some of its shares in the operator ofIndian financial technology firm Paytm to keep its holding within...

Inflation remains low in GCC region 25 Feb 2023 - 10:38 am

Doha: The year 2022 was a turbulent year for the global economy with runaway inflation and the cost-of-living crisis being dominant issues facing...

PSA releases Quarterly Export Unit Value Index 25 Feb 2023 - 10:27 am

Doha: The Planning and Statistics Authority (PSA) has released Quarterly Export Unit Value Index (EXUVI) for the Second quarter of 2022 based on...

Stocks sink on inflation data, close out worst week of year 25 Feb 2023 - 12:20 am

New York: Stocks sank on Wall Street and closed out their worst week since early December. The S&P 500 fell 1.1% Friday to...

Lebanese banks to suspend open-ended strike at PM's request 24 Feb 2023 - 08:09 pm

BEIRUT:Lebanon’s struggling banks on Friday decided to suspend their strike, which started earlier this month, for one week after caretaker Prime Minister Najib...

Telecom firms aim to shrug off slump at annual get-together 24 Feb 2023 - 01:22 pm

Barcelona, Feb 24, 2023 (AFP) -Telecom companies will aim to put a positive spin on their current slump in fortunes when they gather...

Longtime leader of American Airlines steps down as chairman 24 Feb 2023 - 12:17 pm

FORT WORTH, Texas: American Airlines said Thursday that Doug Parker, who served as CEO for more than eight years before stepping down last...

IBPC joins hands with ISC 24 Feb 2023 - 09:57 am

Doha: IBPC joins hands with ISC to celebrate Qatar National Sports Day. IBPC QATAR & Indian Sports Center (ISC) celebrated the Qatar National...

Europe seeks to change its gas supplies map 24 Feb 2023 - 09:56 am

Doha: After a year of the Russian-Ukrainian war, the international gas supplies map, especially in Europe, has seen a significant change and a...

Budget surplus could boost Qatari stocks: Analyst 24 Feb 2023 - 09:55 am

Doha: Financial analyst Tamer Hassan said that the Qatari Ministry of Finance’s announcement of a budget surplus of QR89bn in 2022 will have...

FIFA World Cup 2022 bolsters residential market in Qatar 24 Feb 2023 - 09:53 am

The residential sector in the country witnessed a huge boom during the fourth quarter of 2022 mainly due to the mega tournament hosted...

Qatar’s 2022 budget records surplus of QR89bn 24 Feb 2023 - 09:52 am

Doha: Data from the Ministry of Finance showed today that the State of Qatar’s budget for the fiscal year of 2022 saw a...

IAG announces acquisition of Air Europa for 500 million euros 23 Feb 2023 - 11:59 pm

London: Airline group IAG, parent company of British Airways and Iberia, on Thursday announced the acquisition of Air Europa for 500 million euros...

Netflix lowers price of plans by up to 50% in over 100 countries 23 Feb 2023 - 08:15 pm

Netflix Inc. lowered the price of subscriptions in over 100 countries, mostly lower-income regions where the company has fewer customers. "We’re always exploring...

Engine maker Rolls-Royce sinks into net loss 23 Feb 2023 - 12:47 pm

Rolls-Royce Holdings Plc surged the most in more than two years after new Chief Executive Officer Tufan Erginbilgic embarked on a strategic review,...

QFZ discusses cooperation, joint investments with US delegation 23 Feb 2023 - 10:06 am

Qatar Free Zones Authority (QFZ) welcomed a US delegation that included several American mayors from the states of Michigan, Colorado, Arizona, and Mississippi...

QC hosts meeting to review private sector challenges 23 Feb 2023 - 10:03 am

Qatar Chamber (QC) hosted yesterday a joint meeting with a number of ministries including the Ministry of Interior (MoI), the Ministry of Commerce...

‘We’re Seeing Double’ campaign winners announced 23 Feb 2023 - 10:01 am

Doha: Commercial Bank, the most innovative digital bank in Qatar, is excited to announce the second round of winners for the “We’re Seeing...