Business

Saudi Aramco Q1 profits jump 82 percent 16 May 2022 - 08:44 am

Riyadh: The Saudi Arabian Oil Company ‘Aramco’ yesterday announced its first quarter 2022 financial results, posting an 82 percent year-on-year increase in net...

Commercial Bank wins Most Outstanding Innovation in Fraud Detection award 16 May 2022 - 08:42 am

Doha: Commercial Bank, the most innovative digital bank in Qatar, won “The Most Outstanding Innovation in Fraud Detection award in the world” by...

QFC, Founder Institute sign MoU to boost business ecosystem 16 May 2022 - 08:41 am

Doha: Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with...

Al Faisal Holding launches new firm ‘Metaserra’ 16 May 2022 - 08:40 am

Al Faisal Holding, one of Qatar’s largest diversified group of companies, yesterday launched its new subsidiary Metaserra, a joint venture with Turkey’s Doludizgin....

House rents likely to remain high this year: Report 16 May 2022 - 08:36 am

Rising residential rents seen in Qatar during the first quarter of the year reflects the increase in demand for residential property in the...

Dukhan Bank names May draw winners of Thara’a savings account prize 15 May 2022 - 09:14 am

Dukhan Bank yesterday announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the...

QIB wins four prestigious awards from Digital Banker Magazine 15 May 2022 - 09:03 am

Qatar Islamic Bank (QIB) announced its recognition with four prestigious awards at The Digital Banker’s - Middle East and Africa Innovation Awards 2022,...

US economy is slowing rapidly, with risks of recession rising 15 May 2022 - 09:01 am

The COVID-19 shock led to a sharp but short-lived downturn, when the US economy staged an epic recovery. In fact, following a GDP...

Asian LNG prices ease despite firm demand 15 May 2022 - 08:48 am

Oil prices rose on Friday as US gasoline prices jumped to a record high as China looked ready to ease pandemic restrictions and...

High performing QA Cargo gets recognition from Brussels Airport 15 May 2022 - 08:45 am

Qatar Airways Cargo, the world’s leading international air cargo carrier, has won ‘Cargo Airline Performance Award 2021’ at the 15th Brussels Airport Aviation...

QNB signs agreement with IHG to sponsor Doha Winter Wonderland 15 May 2022 - 07:34 am

Doha: QNB has signed a sponsorship agreement with Investment Holding Group QPSC (IHG) whereby QNB will be one of the main sponsors of...

Emirates Telecommunications acquires 9.8% stake in Vodafone 14 May 2022 - 01:59 pm

Dubai: Emirates Telecommunications Group Company PJSC, now known as (e&), said on Saturday it has acquired a 9.8% stake inVodafonefor $4.4 billion. The...

Samsung in talks to hike chipmaking prices by up to 20%: Bloomberg 13 May 2022 - 05:05 pm

Seoul: Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported...

Zoho unveils new unified marketing platform for businesses 13 May 2022 - 09:27 am

Zoho Corp, a leading global technology company, yesterday announced Zoho Marketing Plus, a new unified software that combines a powerful mix of marketing...

Qatari stocks witnessing natural correction: Economist 13 May 2022 - 09:25 am

Qatar Stock Exchange index declined at the end of trading this week, recording a decline for the second week in a row during...

Weekly realty deals reach over QR500m 13 May 2022 - 09:22 am

Helped by a mega deal of over QR100m in Al Rayyan Municipality, the total real estate deals in the country during the week...

Ten more European gas buyers open ruble accounts for payments 12 May 2022 - 10:43 am

Ten more European gas buyers have opened accounts in Gazprombank JSC, doubling the total number of clients preparing to pay in rubles for...

TAG Heuer showcases unique timepieces at 2022 Doha Jewellery & Watches Exhibition 12 May 2022 - 08:25 am

Doha: TAG Heuer, internationally renowned fine timepieces manufacturer, returns this year to Al Majed’s pavilion at the 2022 Doha Jewellery & Watches Exhibition,...