Business

Apple beats sales expectations on iPhone, services, China strength 28 Jul 2021 - 12:07 am

Apple Inc on Tuesday reported quarterly sales and profits that beat analyst expectations as consumers bought premium versions of its 5G iPhones and...

IMF forecasts 6% global growth this year as economies reopen 27 Jul 2021 - 05:42 pm

WASHINGTON: The International Monetary Fund is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United States, as...

UN panel pays $600m to Kuwait oil firm for invasion by Iraq 27 Jul 2021 - 12:46 pm

Berlin: A United Nations panel paid out $600 million to Kuwait's national oil company Tuesday as compensation for Iraq's invasion and occupation of...

For the first time in Qatar: Spendwisor secures QAR190 million ($50 million) capital commitment from Global Emerging Markets (GEM) 27 Jul 2021 - 11:13 am

Doha: Spendwisor, a Doha-based Fintech company advised by Licorne Gulf, announced a QAR 190 million ($50 million) investment commitment from GEM Global Yield...

Ooredoo launches its eSports brand in collaboration with Quest 27 Jul 2021 - 09:31 am

Doha: Ooredoo, a key innovator in digital transformation, has launched ‘Ooredoo Nation - Gamers’ Land’ and signed a key new agreement that will...

QIIB posts QR543.9m net profit for first half 27 Jul 2021 - 09:21 am

Doha: Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman and Managing Director of QIIB, announced the bank’s results for the first...

Commercial Bank wins prestigious ‘Best Bank in Qatar’ award by Euromoney 27 Jul 2021 - 09:13 am

Doha: Commercial Bank, the leading digital Bank in Qatar, has received the prestigious ‘Best Bank’ award in Qatar for 2021 from Euromoney. According...

QInvest’s Board of Directors appoints new Co-CEOs 27 Jul 2021 - 08:44 am

Doha: QInvest, Qatar’s leading investment bank and one of the region’s most prominent Islamic financial institutions, announced yesterday that its Board of Directors...

LVMH’s Louis Vuitton beats forecast as luxury demand strengthens 26 Jul 2021 - 07:20 pm

Sales of Louis Vuitton products soared more than expected as lockdowns easing across the world enabled stores to reopen and spurred demand for...

HSBC Qatar comes out on top at The Asset Triple A Sustainable Investing Awards 26 Jul 2021 - 09:09 am

Doha: HSBC Qatar was named the Best Sub-Custodian, Best Domestic Custodian and Best Fund Administrator for Retail Funds at ‘The Asset Triple A...

Adaptation, mitigation solutions key to meet climate challenges 26 Jul 2021 - 09:08 am

Adaptation and mitigation solutions are crucial in addressing the challenges of climate change, said experts during a webinar held recently. Effective implementation depends...

Qatar economy emerges from COVID-19 in a position of strength 26 Jul 2021 - 09:02 am

Doha: PwC Middle East has launched the third edition of its Qatar Economy Watch report, which highlights the resilience displayed by Qatar’s economy...

Warehouses rents rise on strong demand in Q2 24 Jul 2021 - 09:35 am

The rents of warehouses in the country has increased during the second quarter, reflecting growing demand for warehouses helped by rising economic activity. ...

Oil prices rise on signs of tightening supplies 22 Jul 2021 - 11:53 am

LONDON: Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the...

Unilever sales top estimates, but inflation casts shadow 22 Jul 2021 - 11:23 am

Unilever Plc on Thursday topped expectations with second-quarter sales growth, helped by higher prices and strong sales of ice-cream and teas, but warned...

Bedaya workshop highlights importance of feasibility study 22 Jul 2021 - 09:05 am

Doha: Bedaya Center for Entrepreneurship and Career Development (Bedaya Center), a joint initiative by Qatar Development Bank and Silatech, in collaboration with the...

Tesla will 'most likely' restart accepting bitcoin as payments, says Musk 21 Jul 2021 - 11:37 pm

Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy...

Working from home is a risk for UK public finances, watchdog group says 21 Jul 2021 - 08:24 pm

Britain’s public finances could take a hit from the a permanent shift toward working from home, the government’s independent budget watchdog said. "Our...