Business

Brent settles higher for first time in 6 weeks 24 Jul 2022 - 09:50 am

Brent settled higher for the first time in six weeks, with prices supported by strong demand in Asia. WTI crude closed lower for...

First Finance unveils home finance campaign 24 Jul 2022 - 09:40 am

First Finance Company, has announced the launch of its latest home finance campaign, which will run until October 30, 2022. With the new...

How bad is the inflation problem in emerging Asia? 24 Jul 2022 - 09:22 am

High and rising inflation has dominated the economic agenda in recent months. The combination of robust policy-induced global demand growth with pandemic-related supply...

Commercial Bank wins ‘Best Bank for Corporate Banking in Qatar’ 24 Jul 2022 - 09:14 am

Doha: Commercial Bank’s extensive efforts to provide its customers with the best corporate banking services has resulted in the Bank’s recognition as the...

Pakistan's financing needs fully met for this year, says central bank chief 23 Jul 2022 - 05:41 pm

ISLAMABAD: Pakistan's $33.5 billion external financing needs are fully met for financial year 2022/23, the central bank chief said on Saturday, adding that...

UK satellite operator OneWeb said to near merger with Eutelsat 23 Jul 2022 - 11:33 am

British satellite firm OneWeb is nearing a deal to combine with France’s Eutelsat Communications SA in a transaction that would create a pan-European...

Guests are willing to pay up to 30% premium for Lifestyle Hotels: CBRE 23 Jul 2022 - 09:43 am

When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional...

Registration of new private vehicles rises 39% in May 23 Jul 2022 - 09:18 am

Qatar saw a significant rise in new vehicle registrations in May. The total number of registered new vehicles stood at 6,535 in May...

Wall Street declines as ad tech, social media stocks weigh 22 Jul 2022 - 10:07 pm

Major U.S. indexes dipped on Friday as shares in social media and ad tech firms decline following weak earnings from Twitter and Snap,...

Twitter posts surprising drop in revenue 22 Jul 2022 - 09:36 pm

LONDON: Twitter reported a quarterly loss on Friday and declining revenue caught Wall Street off guard with the number of people using the...

Mattel partners with Elon Musk’s SpaceX to launch new line of toys 22 Jul 2022 - 09:08 pm

Mattel Inc. has agreed to make SpaceX-themed toys in partnership with Elon Musk’s rocket company. Starting in 2023, Mattel, the company that brought...

ADB cuts 2022 growth outlook for South Korean economy to 2.6% 22 Jul 2022 - 10:35 am

Manila: The Asian Development Bank (ADB) yesterday slashed its 2022 growth outlook for the South Korean economy to 2.6% amid the ongoing Ukraine...

Argentem Creek partners establishes Mena & Asia HQ in Abu Dhabi in partnership with ADIO 22 Jul 2022 - 10:34 am

Doha: Argentem Creek Partners (Argentem Creek), in partnership with the Abu Dhabi Investment Office (ADIO), will establish a new regional hub in Abu...

QSE Index rises 1.37 percent 22 Jul 2022 - 10:34 am

Doha: The general index of Qatar Stock Exchange recorded yesterday an increase of 171.540 points, or 1.370 percent, to reach 12,709.12 points. During...

Masraf Al Rayan posts QR1.03bn net profit for first half 22 Jul 2022 - 10:30 am

Doha: Masraf Al Rayan Q.P.S.C yesterday released its consolidated financial statements for the half year ended 30 June 2022 with a net profit...

Rise in US dollar value strengthens Qatari riyal 21 Jul 2022 - 10:27 am

Economists confirmed that the current debate between the dollar (USD) and the Euro (EUR), and the parity achieved by the green currency in...

Demand for contactless payments to gain momentum 21 Jul 2022 - 09:49 am

The popularity of contactless payments, which gained momentum during COVID-19 outbreak, is expected to increase further, according a senior Visa official. He added...