Business

Arab Monetary Fund forecasts 4.4% GDP growth for Qatar in 2022 18 Aug 2022 - 06:49 pm

DOHA: The Arab Monetary Fund (AMF) expected the Qatari economy to grow by 4.4 percent this year and 3.6 percent in 2023, supported...

Qatar Stock Exchange gains 0.38 Percent 18 Aug 2022 - 04:41 pm

Doha: Qatar Stock Exchange (QSE) index gained 28.94 points, or 0.21 percent, to close trading at 14,018.43 points on Thursday. The volume of...

China is ramping up Swiss gold imports, signaling better demand 18 Aug 2022 - 03:35 pm

China’s gold imports from the major refining hub of Switzerland jumped to the highest in more than five years, signaling demand improved as...

Qatar posts 2022 first half budget surplus of QR 47.3 billion 18 Aug 2022 - 03:19 pm

Doha: The revenues of the oil and gas sector in Qatar increased 67 percent in the first half of 2021, official numbers showed...

Qatar Central Bank warns against cyber fraud 18 Aug 2022 - 03:17 pm

Given the noticeable increase in cyber fraud attempts through phone calls and social media messages, Qatar Central Bank (QCB) has urged users to...

Qatar First Bank completes its rights issue to increase capital to QR1.12 billion 18 Aug 2022 - 01:13 pm

Doha: Qatar First Bank LLC (Public) announces the successful completion of its rights issue. The Bank issued 420,000,000 shares, with the aim of...

Ghana raises Benchmark rate to 22% in biggest hike since 2002 18 Aug 2022 - 10:40 am

Ghana’s central bank increased its benchmark interest rate by the biggest margin on record. That may not be enough to support its slumping...

QNB announces new winners of ‘Triple your Salary’ campaign for its First Members 18 Aug 2022 - 09:07 am

Doha: QNB, the largest financial institution in the Middle East and Africa, has announced the name of the second and third winner of...

Qatar attracts 71% of investments into Mideast worth $19.2bn in Q2 2022 18 Aug 2022 - 09:05 am

Doha: Qatar has attracted 71 percent of investments into the Middle East in the second quarter of the year (Q2 2022), creating 6,...

QSE Index inches closer to 14000 level 18 Aug 2022 - 09:04 am

Doha: Qatari stocks continued gaining with the Qatar Stock Exchange (QSE) Index rising over 200 points and crossed 13,900 level, yesterday. The QSE...

HSBC appoints Julian Wentzel as Head of Global Banking in Menat region 18 Aug 2022 - 09:00 am

Doha: HSBC has announced the appointment of Julian Wentzel (pictured) as Head of Global Banking for the Middle East, North Africa and Turkey...

Qatar’s IMUVI declines by 1.14% in Q2 2022 18 Aug 2022 - 08:56 am

Doha: Qatar’s Import Unit Value Index (IMUVI) for the second quarter of 2022 (based on 2013) has reached 102.09 points, showing a decrease...

Private sector plays key role in developing transport sector, says QC official 18 Aug 2022 - 08:51 am

Doha: Qatar Chamber Board Member Dr. Mohamed Jawhar Al Mohammed yesterday met with the Representative of the Standing Committee for Economic and Commercial...

Rixos Hotels appoints Sherif Kasseb as GM of Doha's 'first all-inclusive lifestyle hotel' 18 Aug 2022 - 08:45 am

Doha: Rixos Hotels has appointed Sherif Kasseb (pictured) as General Manager of Rixos Gulf Hotel Doha, Doha’s most iconic hotel. Kasseb brings 25...

Dohatna announces pre-order of Samsung Galaxy Z Flip4 and Galaxy Z Fold4 in Qatar 18 Aug 2022 - 08:36 am

Doha: Ali Bin Ali Holding’s Dohatna Innovative Distribution, the official partner of Samsung Electronics, has announced that Samsung’s Galaxy Z series, which comprises...

Doha Bank brings Apple Pay to customers 18 Aug 2022 - 08:22 am

Doha: Doha Bank, one of the largest commercial banks in Qatar, yesterday announced the launch of Apple Pay for its customers, providing them...

Bluebird's $2.8 million gene therapy becomes most expensive drug after US approval 17 Aug 2022 - 11:15 pm

The U.S. Food and Drug Administration on Wednesday approved Bluebird bio's gene therapy for patients with a rare disorder requiring regular blood transfusions,...