Business

QNB posts QR6.8bn net profit for first half 12 Jul 2021 - 09:32 am

Doha: QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, reported yesterday QR6.8bn ($1.9bn) net profit for the...

QNB announces QR6.8bn net profit for first half 11 Jul 2021 - 05:57 pm

Doha: QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, reported yesterday QR6.8bn ($1.9bn) net profit for the...

Egypt's Suez Canal annual revenue hits record $5.84 bln 11 Jul 2021 - 04:50 pm

ISMAILIA, Egypt: Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in...

Dukhan Bank names July draw winners of Thara’a savings account 11 Jul 2021 - 09:16 am

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

Galfar Al Misnad bags international safety accolades, including British Safety Council’s Best in Country Award 11 Jul 2021 - 09:15 am

Doha: Galfar Al Misnad and its “Roads and Infrastructure in Al Wajba East (Package 01)” project, currently being executed for Ashghal, was declared...

Unpacking monetary policy changes in major emerging markets 11 Jul 2021 - 09:10 am

Doha: “Reflation” has been the name of the game for the global economy since policymakers aggressively responded to the unprecedented shock from the...

Al Sulaiti Law Firm, OSM Qatar and ERA Qatar announce joint initiative for companies 11 Jul 2021 - 09:09 am

Al Sulaiti Law Firm, Open Source Management (OSM Qatar) and Expense Reduction Analysts (ERA Qatar) have announced a joint initiative for the companies...

Doha Bank implements robotic process automation 11 Jul 2021 - 09:04 am

Doha: Doha Bank embarks on a major initiative as part of its strategic transformation to automate key processes across operations and successfully implement...

QNB expands footprint in Asia with Hong Kong branch opening 11 Jul 2021 - 09:02 am

Doha: QNB Group, the largest financial institution in the Middle East and Africa, has opened officially its branch in Hong Kong, one of...

G20 signs off on tax crackdown, warns on virus variants 10 Jul 2021 - 06:55 pm

VENICE, Italy: Finance chiefs of the G20 large economies endorsed a landmark move to stop multinationals shifting profits to low-tax havens at talks...

Saudi Arabia sets cap on local petrol price for July 10 Jul 2021 - 06:48 pm

Saudi Arabia, the world's largest oil exporter, set a cap on local fuel prices for July to help alleviate pressure on the cost...

Business trips are coming back faster than expected in the US 10 Jul 2021 - 05:22 pm

In-person conferences are back sooner than anticipated in the U.S., a sliver of good news for industries like airlines and hotels that are...

Building permits rise 111% in June 10 Jul 2021 - 08:07 am

The number of building permits issued in June by municipalities in Qatar has increased by 111 percent compared to previous month, according to...

Hitachi ABB Power Grids evolving to become Hitachi Energy 09 Jul 2021 - 09:21 am

Hitachi ABB Power Grids yesterday announced that it will be evolving to become Hitachi Energy from October 2021. The decision to change name...

Algeria leads the GECF research and development arm 09 Jul 2021 - 09:17 am

A Founding Member of the GECF, Algeria’s footprint in the 18-member association is deeply embedded in the history and current direction of the...

Morgan Stanley faces data breach, corporate client info stolen in vendor hack 08 Jul 2021 - 09:55 pm

Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved...

QIB launches Stock Trading Service through QIB mobile app 08 Jul 2021 - 09:32 am

Doha: Qatar Islamic Bank (QIB), Qatar’s largest Islamic bank, has announced the integration of The Group’s new trading and brokerage services on the...