Business

Bitcoin slides below $20,000 to lowest since December 2020 18 Jun 2022 - 06:41 pm

Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were...

Lebanon, Egypt to sign 'final' gas deal on June 21 17 Jun 2022 - 01:02 pm

BEIRUT: Lebanon and Egypt are set to sign a "final" gas import agreement on June 21, a Lebanese energy ministry spokesperson told Reuters....

CWallet closes $875,000 Pre-Series A round, to launch Mobile Money 4.0 soon 17 Jun 2022 - 10:44 am

Doha: Qatar’s award-winning fintech payment processing startup CWallet has successfully closed its Pre-Series A Investment Round at $875,000 (QR3,193,750) led by MBK Holding...

Chairman of Yemeni Presidential Leadership Council meets with Qatar Chamber Chairman 17 Jun 2022 - 10:44 am

Chairman of Yemeni Presidential Leadership Council H E Rashad Muhammad Al Alimi met yesterday with Chairman of Qatar Chamber Sheikh Khalifa bin Jassim...

Qatar, UK review bilateral relations 17 Jun 2022 - 10:43 am

Minister of Finance H E Ali bin Ahmed Al Kuwari, met yesterday with UK Chancellor of the Exchequer Rishi Sunak, via video conference...

Real estate trade volume in Qatar exceeds QR317m last week 17 Jun 2022 - 10:42 am

Doha: The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice, during...

QSE index maintains its support point, and FTSE review has supported the market’s liquidity: Analyst 17 Jun 2022 - 10:42 am

Doha: Qatar Stock Exchange (QSE) index lost 537.2 points from its balance at the end of trading in the third week of June,...

Venezuelan President calls on Qatari businessmen to invest in his country 17 Jun 2022 - 10:40 am

Doha: The Qatari Businessmen Association (QBA) met with H E President Nicolas Maduro, President of the Bolivarian Republic of Venezuela and his accompanying...

Qatar’s realty sector opportunities to be featured at Cityscape Qatar 17 Jun 2022 - 10:39 am

Doha: Qatar’s real estate sector is witnessing a robust growth attracting local and international investors. Cityscape Qatar – the country’s most influential real...

Commerce Minister meets Sierra Leonean counterpart 17 Jun 2022 - 10:38 am

Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Thani met yesterday with Minister of Trade and Industry...

Porsche to pay $80 mln to resolve fuel economy claims on U.S. vehicles 16 Jun 2022 - 07:30 pm

Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed...

Lebanon court rejects recusal of judge in central bank chief graft probe 16 Jun 2022 - 05:19 pm

BEIRUT: A Beirut court has rejected a request by a judge to recuse himself from filing corruption charges against Lebanese central bank governor...

Revlon files for bankruptcy protection amid heavy debt load 16 Jun 2022 - 04:43 pm

New York: Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its...

Bank of England nudges rates up again but says it's ready to act forcefully 16 Jun 2022 - 03:45 pm

London: The Bank of England stuck to its gradual increases in interest rates on Thursday, as other central banks took more urgent action,...

MoCI conducts field training to detect counterfeit goods 16 Jun 2022 - 09:22 am

Doha: The Ministry of Commerce and Industry, in coordination with the House of Wisdom & Arbitration for Law in the Hashemite Kingdom of...

QCB raises interest rates 16 Jun 2022 - 09:22 am

Doha: Qatar Central Bank (QCB) announced yesterday that the bank's deposit rate (QCBDR) will be raised by 75 basis points to become 2.25%....

Qatar, Sierra Leone meeting stresses strengthening bilateral trade 16 Jun 2022 - 09:21 am

Doha: Qatar Chamber (QC) held yesterday the Qatari-Sierra Leone business meeting, which was headed by QC First Vice-Chairman Mohammad bin Towar Al Kuwari...

Qatar keen to enhance intra-GCC trade 16 Jun 2022 - 09:12 am

Doha: Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani led the Chamber’s delegation participating in the 58th meeting of the Federation of...