Business

QE Index increases over 150 points, surpasses 10900 level 20 Apr 2021 - 10:29 am

The Qatar Stock Exchange (QE) Index soared 159.73 points yesterday. The QE Index surged to 1.48 percent to close at 10,920.69 points, yesterday,...

Realty deals surge 45% to QR2.57bn in March 20 Apr 2021 - 10:23 am

After witnessing a lull in action in the first two months of the year, Qatar’s real estate sector has made an impressive comeback...

Masraf Al Rayan reports QR575m net profit for Q1 20 Apr 2021 - 10:21 am

Masraf Al Rayan announced yesterday net profit of QR575m for the quarter ended March 31 2021, an increase of 5.1 percent compared to...

Danske Bank CEO quits after being named a suspect in Dutch probe into ABN AMRO 19 Apr 2021 - 11:14 am

COPENHAGEN - The chief executive of Denmark's Danske Bank resigned on Monday after Dutch authorities named him as a suspect in an investigation...

AAB launches ‘Celebrate Ramadan with Toyota’ campaign 19 Apr 2021 - 11:01 am

Abdullah Abdulghani & Bros. Co. (AAB), the sole agent for Toyota vehicles in Qatar, has launched its Ramadan promotion under the theme “Celebrate...

QIB announces first Lexus LX 570 winner 19 Apr 2021 - 10:37 am

Qatar Islamic Bank (QIB) has announced the first Winner of the Lexus LX 570 as part of the Bank’s ongoing Salary Transfer offer,...

Global Carbon Council in Qatar receives approval under ICAO's CORSIA 19 Apr 2021 - 10:29 am

Qatar-based Global Carbon Council (GCC), an initiative of Gulf Organisation for Research & Development (GORD) and the first and only global voluntary greenhouse...

IQ plans QR3.2bn capex for fertilizers segment in 5 years 19 Apr 2021 - 10:10 am

Industries Qatar (IQ), one of the region’s industrial giants with holdings in petrochemicals, fertilizer and steel producers, plans to invest around QR3.2bn as...

Nakilat reports QR320.1m profit for first quarter 19 Apr 2021 - 10:02 am

Nakilat announced yesterday net profit of QR320.1m for the first quarter ended March 31, 2021 compared to QR279.5m during the same period in...

Operations of first Qatari owned offshore stimulation vessel commences 19 Apr 2021 - 09:57 am

Milaha and Schlumberger held a virtual event to mark the commencement of operations of the first Qatari owned offshore well stimulation vessel Halul-48,...

Asian LNG prices rise as China replenishes inventories 18 Apr 2021 - 10:04 am

Oil settled modestly lower on Friday but secured a weekly gain on a stronger demand outlook and signs of economic recovery in China...

Strong US employment data point to a rapid economic recovery: QNB report 18 Apr 2021 - 09:55 am

The US economic recovery continues to “shock and awe” investors and macroeconomists. After a sudden, COVID-19-related economic collapse in Q2 2020, US activity...

Doha Bank hosts meeting for Sri Lankan delegation 18 Apr 2021 - 09:43 am

Doha Bank recently hosted a meeting with a Sri Lankan delegation which was headed by Sri Lanka’s State Minister of Money, Capital Market,...

Qatar Chamber takes part in digital edition of Hannover Messe 2021 18 Apr 2021 - 09:36 am

Qatar Chamber (QC) has participated in the activities of the digital edition of Hannover Messe 2021, which was held from April 12-16 under...

QFC signs MoU with Labuan IBFC to strengthen ties 18 Apr 2021 - 09:28 am

The Qatar Financial Centre Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Labuan IBFC Inc, to develop long term cooperation...

China's Ant explores ways for Jack Ma to exit as Beijing piles pressure: Sources 17 Apr 2021 - 03:41 pm

Hong Kong: Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up...

Building sales take over 83.8% of weekly realty activity: Ezdan Report 17 Apr 2021 - 08:42 am

Doha: Qatar’s weekly property market has witnessed a significant surge in the volume of building sale deals which stood at QR656.3m, or 83.8...

More than QR783m volume of real estate transactions during past week 16 Apr 2021 - 09:15 am

The volume of real estate transactions in sales contracts registered within the Real Estate Registration Department at the Ministry of Justice during the...