Business

Beijing's backing could tip scales in race for blockchain supremacy, industry figures say 30 Oct 2019 - 08:32 pm

LONDON: Calls by China's president to put blockchain at the heart of the country's innovation could tip the scales towards Beijing in the...

Breaking Lebanon's FX peg could be ruinous for hugely indebted country 30 Oct 2019 - 08:26 pm

LONDON: Lebanon's political and banking crisis has put growing pressure on its 22-year-old currency peg to the U.S. dollar and foreign funds fear...

Cities prepare for climate risk. Bond prices may not reflect it 30 Oct 2019 - 08:26 pm

Climate change is no longer the problem of the future-some 70% of cities worldwide are already experiencing its effects. The good news is...

The rash of protests around the globe have one thing in common 30 Oct 2019 - 08:26 pm

Hong Kong martial arts guru Bruce Lee urged followers to "empty your mind, be formless, shapeless like water.” That philosophy has driven months...

Fiat Chrysler and Peugeot in talks to create $50 bn car giant 30 Oct 2019 - 11:22 am

Milan: US-Italian auto giant Fiat Chrysler and France's Groupe PSA, the maker of Peugeot and Citroen cars, announced Wednesday they are in merger...

Milaha partners with Microsoft to build smart logistics platform 30 Oct 2019 - 01:31 am

DOHA: Milaha, Qatar’s leading force in Maritime & Logistics, yesterday partnered with Microsoft to build a smart-logistics platform using artificial intelligence and Internet...

Masraf Al Rayan to hold fixed income investor meetings in London, Hong Kong and Singapore 30 Oct 2019 - 01:31 am

Masraf Al Rayan has mandated Al Rayan Investment, Boubyan Bank, MUFG, QNB Capital and Standard Chartered Bank as Joint Lead Managers & Bookrunners...

Ooredoo net profit increases by 16% in first nine months of 2019 30 Oct 2019 - 01:31 am

DOHA: Ooredoo Group (Ooredoo), one of the leading telecom services providers in the world, announced yesterday its financial results for the nine months...

malomatia signs MoU with Oman ICT Group 30 Oct 2019 - 01:31 am

DOHA: Qatar’s leading system integrator, malomatia, announced yesterday the signing of an MoU with Oman ICT group, the leading Omani ICT provider in...

Commercial Bank extended support to 16th Heya expo 30 Oct 2019 - 01:31 am

Commercial Bank, one of the pioneering private banks in Qatar, sponsored the 16th edition of Heya Arabian Fashion Exhibition, which was held under...

Vodafone Qatar showcases ‘future city’ at QITCOM 2019 30 Oct 2019 - 01:31 am

Through an array of live high-tech demos, Vodafone Qatar yesterday showcased how it can help startups in Qatar to harness the power of...

China to ease foreign investments curbs, won't force tech transfers: vice minister 30 Oct 2019 - 01:15 am

BEIJING: China will eliminate all restrictions on foreign investments not included in its self-styled "negative lists," a vice commerce minister said on Tuesday,...

QFB records a net profit of QR1.54m for Q3 30 Oct 2019 - 01:14 am

DOHA: Qatar First Bank (QFB), a leading Shari’ah compliant bank based in Qatar, regulated by QFCRA and listed on the Qatar Stock Exchange...

Barwa Real Estate posts net profit of QR804m 30 Oct 2019 - 01:14 am

DOHA: Barwa Real Estate Group, one of the leading real estate and investment companies in Qatar and the region, reported a net profit...

Airbus wins 300-jet order from Asian discount carrier IndiGo 30 Oct 2019 - 01:14 am

Airbus SE landed one of its biggest-ever deals with the sale of 300 narrow-body planes to Indian budget carrier IndiGo that’s worth more...

MoCI to drive transformation, modernisation of infrastructure with Microsoft Azure Cloud 30 Oct 2019 - 01:02 am

DOHA: The Ministry of Commerce and Industry (MoCI) yesterday announced its partnership with Microsoft on a comprehensive digital transformation programme that will modernise...

Producer Price Index dips by 17.7% in September 30 Oct 2019 - 01:01 am

Doha: Planning and Statistics Authority (PSA) has released the Monthly Producer Price Index (PPI) of the Industrial sector for September, 2019. The PPI...

GIS revenues up 18% at QR2.2bn for first nine months of 2019 30 Oct 2019 - 01:01 am

DOHA: Gulf International Services (GIS), one of the largest services groups in Qatar, reported 18 percent growth (y-o-y) in the Group’s total revenue...