Business

Jack Ma loses title as China's richest man after coming under Beijing's scrutiny 02 Mar 2021 - 11:49 am

Beijing: Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as...

BYH 2021 Exhibition rescheduled to June 02 Mar 2021 - 09:13 am

Doha: The second edition of the Build Your House Exhibition 2021 (BYH 2021) has been rescheduled to June 7-9 at the Qatar National...

Qatari banks’ operating income rises by 4% to QR43.9bn in 2020: Moody’s 02 Mar 2021 - 09:10 am

Doha: Qatari banks’ total operating profit rose by 4 percent to QR43.9bn in 2020, up from QR42.1bn the previous year, boosted by higher...

Qatar Chamber to hold second GAM tomorrow 02 Mar 2021 - 09:08 am

Doha: Qatar Chamber (QC) will hold its second General Assembly Meeting (GAM) virtually tomorrow regardless of the number of attendees. Qatar Chamber Chairman...

Masraf Al Rayan gets shareholder’s nod to raise sukuk size to $4bn 02 Mar 2021 - 08:56 am

Doha: The Ordinary General Assembly of Masraf Al Rayan has approved distribution cash dividend of QR0.170 per share, representing 17 percent of the...

Natural gas has key role in energy transition 02 Mar 2021 - 08:50 am

The global primary energy demand is projected to grow by 24 percent by 2050, returning to its 2019 level as early as 2023....

IQ’s financial position robust: Al Kaabi 02 Mar 2021 - 08:46 am

Minister of State for Energy Affairs and Chairman and Managing Director of Industries Qatar (IQ), H E Saad Sherida Al Kaabi, said yesterday...

China studies Boeing 737 MAX recertification, wants safety concerns fully addressed 01 Mar 2021 - 12:08 pm

Beijing: China's aviation regulator said on Monday that its major safety concerns with the Boeing Co 737 MAX have to be "properly addressed"...

Qatar Petroleum awards North Field expansion project contract for LNG storage and loading facilities 01 Mar 2021 - 12:06 pm

Doha: Qatar Petroleum announces the award of a major engineering, procurement, and construction (EPC) contract to Samsung C&T Corporation for the expansion of...

JRE sees strong 2020 leasing and sales activity despite pandemic 01 Mar 2021 - 11:11 am

Doha: Just Real Estate (JRE), Qatar’s leading property service provider, has reported strong 2020 leasing and sales in the country despite the COVID-19...

QIC issues guidelines for participation in Ordinary General Assembly Meeting 01 Mar 2021 - 11:06 am

Doha: Qatar Insurance Company (QIC) has issued a clarification on participating in its upcoming Ordinary General Assembly Meeting, which will be held virtually...

QICDRC launches coaching programme for legal professionals 01 Mar 2021 - 11:02 am

Doha: The Qatar International Court and Dispute Resolution Centre (QICDRC) has launched the first coaching programme for legal professionals in Qatar, “Tawafuq”, in...

Qatar lists 3rd largest IPO in region in 2020 01 Mar 2021 - 10:40 am

Doha: The Mena region saw a total of nine IPOs in 2020, raising proceeds of $1.86bn, a fall of 40 percent in total...

QFMA issues rules for employees’ incentive shares purchase of listed companies 01 Mar 2021 - 10:09 am

Doha: Qatar Financial Market Authority (QFMA) has issued rules for the purchase of listed shareholding companies for their shares, for the purpose of...

Bank customers urged to update documents on record 01 Mar 2021 - 10:03 am

As part of an effective customer due diligence process and to implement Know Your Customer (KYC) regulations, banks in Qatar are urging customers...

QIIG reports 4% growth in shareholders’ profits to QR75.728m in 2020 01 Mar 2021 - 09:54 am

Doha: Qatar Islamic Insurance Group (QIIG) has reported 4 percent growth in the shareholders’ profits that amounted QR75.728m for the year 2020 compared...

Bitcoin extends retreat from record high to hit lowest in 20 days 28 Feb 2021 - 09:52 pm

Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 26%...

Qatargas-chartered LNG vessel makes first call at India’s Ennore terminal 28 Feb 2021 - 10:05 am

Doha: Qatargas Operating Company Limited (Qatargas) has delivered a liquefied natural gas (LNG) cargo aboard a Q-Flex vessel to India’s Ennore LNG receiving...