Business

QIIB’s revenue up 8.3% to QR2,660m in 2022 15 Mar 2023 - 09:04 am

Doha: The International Islamic Bank’s (QIIB) 2022 financial results released yesterday reaffirmed that the bank is moving forward and benefiting from the strength...

Commercial Bank launches Qatar's first UPI remittance service for instant transfers to India 14 Mar 2023 - 07:48 pm

Doha: Commercial Bank, the most innovative digital Bank in Qatar, announced the launch of UPI remittance service to India, becoming the first bank...

Saudi Arabia places order with Boeing for up to 121 planes 14 Mar 2023 - 05:31 pm

Riyadh: Two Saudi Arabian airlines said on Tuesday they will order 78 jetliners from Boeing and take options to buy 43 more in...

Meta to cut 10,000 jobs, eliminate 5,000 more vacant positions 14 Mar 2023 - 05:03 pm

Facebook owner Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major...

HSBC to buy SVB’s UK arm 14 Mar 2023 - 09:22 am

London: HSBC has emerged as a white knight for the UK arm of Silicon Valley Bank, which collapsed at the end of last...

QFC, PWC and QBWA host event to mark Women’s Day 14 Mar 2023 - 09:21 am

Doha: Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, in collaboration with PricewaterhouseCoopers (PwC) and the Qatari...

Agri-PV to transform food, energy production in MENA 14 Mar 2023 - 09:20 am

Doha: A revolutionary suite of technologies could transform food and energy production in some of the world’s most climate vulnerable regions, the Al-Attiyah...

Qatar’s bid to host IMF, WBG confirms global role 14 Mar 2023 - 09:19 am

Doha: Economists considered the State of Qatar’s bid to host the meetings of the International Monetary Fund (IMF) and the World Bank Group...

QC to boost commercial relations with Gambia 14 Mar 2023 - 09:18 am

Doha: The Qatar Chamber (QC) hosted yesterday a delegation from the Republic of Gambia led by Permanent Secretary of the Ministry of Trade,...

Msheireb Downtown Doha offices secure SmartScore certification 14 Mar 2023 - 09:17 am

Doha: Three commercial properties in Msheireb Downtown Doha have become the first buildings in Qatar to achieve SmartScore certification recently. SmartScore certification, from...

QNB announces strategic sponsorship of SME Excellence awards 14 Mar 2023 - 09:02 am

Doha:QNB Group, the largest financial institution in the Middle East and Africa, announced its strategic sponsorship of the SME Excellence Awards ceremony organised...

Al Rayyan tops number of building permits in Feb 14 Mar 2023 - 09:00 am

Doha:According to the geographical distribution, the municipality of Al Rayyan topped the list of municipalities with the number of building permits issued reaching...

Nakilat posts net profit of QR1.44bn in 2022 14 Mar 2023 - 08:57 am

Doha: Nakilat held its Annual General Meeting (AGM) yesterday, chaired by Abdulaziz Jassim Al Muftah, the Chairman of Nakilat’s Board of Directors. During...

QIIB sponsors 24th Gulf Engineering Forum 14 Mar 2023 - 08:53 am

Doha:QIIB announced its sponsorship of the 24th Gulf Engineering Forum, themed “Environmental Engineering and Sustainability”, which was held from March 7 to 9...

GIS net profit up 436% in 2022 14 Mar 2023 - 08:49 am

Yesterday, Gulf International Services (GIS) reported that the Group recorded a net profit worth QR290m, while the Group’s total assets reached QR10.9bn during...

Volkswagen to build electric vehicle battery plant in Canada 13 Mar 2023 - 11:56 pm

Ontario: Volkswagen announced on Monday it plans to build a major plant for electric vehicle batteries in Canada. The European automaker said the...

First national prepaid card 'Himyan' launched in Qatar 13 Mar 2023 - 04:24 pm

Doha: Qatar Central Bank (QCB) officially launched, 'Himyan', the first national prepaid card with a registered trademark in Qatar. The national prepaid card...

Qatar Financial Markets Authority warns against dealing with suspicious companies 13 Mar 2023 - 03:25 pm

Doha: Qatar Financial Markets Authority (QFMA) warned investors against dealing with suspicious companies. In a tweet on its official Twitter account, QFMA said...