Business

Milaha reports 5% rise in net profit for Q1 22 Apr 2021 - 09:33 am

Qatar Navigation (Milaha) Q.P.S.C. yesterday announced net profit of QR297m for the three months ended March 31, 2021, compared to QR283m for the...

UDC announces QR57m net profit for first quarter 22 Apr 2021 - 09:28 am

United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Island, announced yesterday net...

Baladna to set up new factory for evaporated milk; expand butter processing lines 22 Apr 2021 - 08:52 am

Doha: Baladna Board of Directors approved plans to establish an evaporated milk processing factory and extending current facilities for a butter processing line...

First intelligent vehicle co-branded with Huawei inside unveiled 21 Apr 2021 - 11:16 am

The first vehicle integrated with Huawei’s intelligent automotive solution was launched at the 2021 ARCFOX Brand Night and new product launch in Shanghai....

Dukhan Bank, talabat partner to offer customers 30 percent off on orders 21 Apr 2021 - 11:14 am

Dukhan Bank, Qatar’s leading banking player, has announced the launch of its latest collaboration with the food delivery and Q-commerce platform, talabat. In...

QFC organises seminar on Qatar’s digital market 21 Apr 2021 - 11:11 am

Qatar Financial Centre (QFC) organized a panel discussion to shed light on the country’s digital sector and the investment opportunities available. The event...

Qatar’s Boom Construction partners with Trend Micro 21 Apr 2021 - 11:07 am

Trend Micro Incorporated, a global leader in cyber security solutions, yesterday announced that Qatar’s Boom Construction Company (BCC) has successfully deployed a comprehensive...

Qatar can be a role model for data privacy regulation 21 Apr 2021 - 10:42 am

Qatar has potential to become a role model for other GCC nations for data privacy implementation and regulation. Data privacy is important for...

Ahlibank reports QR186.6m net profit for first quarter 21 Apr 2021 - 10:40 am

Ahli Bank QPSC has announced a net profit of QR186.6m for the first three months of 2021, an increase of 3.4 percent over...

Commercial Bank outlook revised from stable to positive by S&P 21 Apr 2021 - 10:38 am

S&P Global Ratings has revised its outlook from stable to positive on Commercial Bank while affirming its ‘BBB+/A-2’ long and short-term issuer credit...

Full foreign ownership of listed Qatari companies will attract more EU investors 21 Apr 2021 - 10:31 am

Qatar’s plan to allow foreign investors to fully own listed companies reinforces the country’s strong position in attracting overseas investors, particularly from the...

Mazaya Real Estate Development okays cash dividend of QR0.03 per share 21 Apr 2021 - 09:45 am

Mazaya Real Estate D e v e l o p m e n t Company shareholders yesterday approved the Board of Directors’ recommendation...

Barwa Real Estate Group posts QR190m net profit for Q1 21 Apr 2021 - 09:28 am

Barwa Real Estate Group, the leading real estate and investment company in Qatar and the region, announced yesterday that the company attained a...

Oil hits $68 on Libya force majeure, although pandemic surge weighs 20 Apr 2021 - 11:39 am

London: Oil rose to $68 a barrel and hit its highest in a month on Tuesday, supported by a disruption to Libyan exports...

Qatar poised to be global sports law hub: Expert 20 Apr 2021 - 10:49 am

Qatar can develop a leading role in international sports law and regulation to complement an impressive record of hosting major sports events. The...

Doha Bank wins ‘Best Digital Wallet App’, ‘Banking CEO of the Year’ awards 20 Apr 2021 - 10:42 am

Doha Bank has won the ‘Best Digital Wallet App Qatar 2021 Award’, while Doha Bank CEO Dr. Raghavan Seetharaman was honoured with the...

Qatar’s IPI decreases by 7.3% in February 2021 20 Apr 2021 - 10:40 am

Qatar’s Industrial Production index (IPI) for February 2021 stood at 99.3 points, showing a decrease of 7.3 percent compared to the previous month...

Nebras Power to acquire 24% stake in UMPL in Bangladesh 20 Apr 2021 - 10:31 am

Nebras Power Investment Management (NPIM), a wholly owned Netherland affiliate of Nebras Power (Nebras) has signed a Sale & Purchase Agreement (SPA) with...