Business

Aamal’s net profit up 8.4% to QR73.6m in first quarter 28 Apr 2022 - 09:39 am

Aamal Company (Aamal), one of the region’s leading diversified companies, yesterday announced its financial results for the first quarter ended March 31, 2022,...

GIS posts QR83m net profit for Q1 2022 28 Apr 2022 - 09:38 am

Gulf International Services (GIS) yesterday reported a net profit of QR83m for the three-month period ended March 31, 2022, with an earnings per...

QIB announces working hours during Eid Al Fitr 28 Apr 2022 - 09:36 am

Qatar Islamic Bank (QIB) extends its greetings to its customers and the Qatari community on the advent of Eid Al Fitr and announces...

Microsoft, Alphabet see revenue increase in first quarter 28 Apr 2022 - 09:12 am

US-based multinational technology firms Microsoft and Alphabet posted strong revenue rises in the first quarter of 2022. Washington-based Microsoft saw a total revenue...

TotalEnergies starts pullback from Russia 28 Apr 2022 - 09:11 am

TotalEnergies SE took a $4.1bn writedown on its flagship Russian gas project and indicated that it may belatedly join its peers in pulling...

Investment and Trade Court meets modern international standards 28 Apr 2022 - 09:09 am

President of the Investment and Trade Court Judge Khalid bin Ali Al Obaidly has underlined that the Court, whose establishment law was issued...

QIC Group to expand its footprint in MENA direct insurance 28 Apr 2022 - 09:09 am

Qatar Insurance Company Q.S.P.C. (QIC) is a market leader in Qatar and a dominant insurer in the GCC and MENA region. QIC Group,...

Qatar’s trade surplus surges 97.8% in March 28 Apr 2022 - 09:08 am

Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR26.7bn almost in March 2022,...

Ooredoo Group reports QR5.5bn revenue for Q1 28 Apr 2022 - 09:05 am

Ooredoo Group announced yesterday revenue of QR5.5bn for the quarter ended 31 March 2022, a decrease of 23 percent compared to the same...

Commercial banks deposits rise to QR964bn in February 28 Apr 2022 - 09:03 am

The banking sector in Qatar demonstrated resilience and has registered growth in February. Qatar’s commercial banks have witnessed an increase in deposits and...

Qatar chairs meeting of WTO Committee on Anti-dumping Practices in International Trade 28 Apr 2022 - 09:01 am

The State of Qatar chaired the meeting of the World Trade Organization Committee on Anti-Dumping Practices in International Trade, which was held today...

QIB launches Qatar’s first digital credit card 28 Apr 2022 - 08:58 am

Qatar Islamic Bank (QIB) has launched the first ever Digital Credit Card in Qatar, available on QIB’s award-winning Mobile App. The innovative new...

Qatar First Bank achieves QR21 million net profit in Q1 2022 28 Apr 2022 - 08:55 am

Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its positive financial results for the three months’ period ending 31 March 2022, reporting...

Baladna achieves net profit of QR 26 million in Q1 2022 28 Apr 2022 - 12:09 am

Doha: Baladna Q.P.S.C. (Baladna) yesterday announced its quarterly results for the three months period ended March 31, 2022 (Q1 2022). Following its strong...

Investor Bill Hwang, once worth billions, indicted on fraud 27 Apr 2022 - 06:22 pm

NEW YORK: The owner of a New York-based hedge fund that collapsed when it defaulted on margin calls was arrested Wednesday on charges...

GSK tops forecasts as consumer health spin-off nears 27 Apr 2022 - 05:38 pm

GSK beat first-quarter sales and earnings forecasts on Wednesday, helped by demand for its COVID-19 therapy and shingles vaccine, as the drugmaker moves...

QCB directs banks to standardize fees charged from merchants distributing food commodities 27 Apr 2022 - 02:57 pm

Doha: Qatar Central Bank (QCB) on Wednesday directed all banks operating in the country to reduce and standardize fees charged from micro-companies and...

Unilever’s India arm beats profit estimate despite soaring costs 27 Apr 2022 - 02:02 pm

Hindustan Unilever Ltd., the Indian unit of the global consumer goods giant, posted quarterly profit that beat analyst expectations as price hikes and...