Business

QFC’s ESO releases its annual report 16 Jul 2019 - 12:17 am

DOHA: The Employment Standards Office (ESO) of the Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and...

Top auditors from Qatar join The IIA international meet 16 Jul 2019 - 12:17 am

DOHA: The IIA Qatar Board member Sundaresan Rajeswar attended The Institute of Internal Auditors’ (The IIA) 2019 International Conference held recently at Anaheim,...

Investments worth $209bn needed in Mena power sector 16 Jul 2019 - 12:00 am

DOHA: Over the next five years, the Mena region will need to invest $209bn in the power sector according to the latest MENA...

NDS-2 hastens Qatar’s growth 16 Jul 2019 - 12:00 am

With the government advancing its second National Development Strategy (NDS-2) that sees the private sector assume greater importance in driving diversification, Qatar’s economic...

Masraf Al Rayan achieves net profit of QR1.07bn in H1 16 Jul 2019 - 12:00 am

DOHA: Masraf Al Rayan has reported a net profit of QR1.07bn for the first half of 2019, up 1.15 percent compared to the...

HSBC grabs bigger piece of investment banking fees in Mena 15 Jul 2019 - 11:54 pm

Middle Eastern & North African investment banking fees totalled an estimated $504.8m so far during 2019, 12.7 percent less than the value of...

Multi-award winning safety record for ENGIE 15 Jul 2019 - 11:54 pm

DOHA: ENGIE, the global reference in low-carbon energy generation and services, has attained recognition with its local partners, Qatar Power Company (QPOWER) and...

Uber, Lyft ridership pace declines in New York City after fares rise 15 Jul 2019 - 09:50 pm

Rising prices among New York City’s major ride-hailing apps may be deterring the most price-cautious passengers. Uber Technologies, Inc. completed 15.9 million trips...

Walmart got a $10 billion surprise after buying Flipkart 15 Jul 2019 - 05:28 pm

When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got...

Qatar Financial Centre strengthens ties with Hong Kong 15 Jul 2019 - 09:53 am

Doha: The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, signed a number of...

FCA names Davide Grasso COO of Maserati & Harald Wester as Executive Chairman 15 Jul 2019 - 09:46 am

Doha: Fiat Chrysler Automobiles N.V. yesterday announced two moves in its leadership team. Davide Grasso, former Chief Executive Officer (CEO) of NIKE’s Converse,...

Inflation edges up 0.67% in June 15 Jul 2019 - 09:43 am

Doha: The CPI-based inflation for June 2019 edged up 0.67 percent compared to May 2019. The monthly Consumer Price Index (CPI) in June...

Qatar dominates GCC contract deal value in May 15 Jul 2019 - 09:23 am

Doha: The GCC emerged as the clear leader for contract awards made in May in the Middle East, with all six states appearing...

US exports to Qatar jumps over 100% in May 15 Jul 2019 - 09:02 am

Doha: Efforts in boosting Qatar-US trade and economic relations have been witnessing sharp and robust growth. The US exports to Qatar saw a...

Fiscal policy to the rescue in the Eurozone 15 Jul 2019 - 08:59 am

Growth in the Eurozone could be derailed in the coming quarters, and such a slowdown would trigger a new phase of expansionist fiscal...

Ahlibank wins two prestigious awards 15 Jul 2019 - 08:56 am

Doha: Ahlibank, a leading Qatari-owned financial institution, has been named the winner of the Global Banking & Finance Review Awards 2019 for “Fastest...

SAIC MAXUS C2B business model earns worldwide recognition 15 Jul 2019 - 08:56 am

Doha: SAIC MAXUS became the only Chinese company being listed in the new list of Industry 4.0 “Lighthouses” leading in innovation in the...

QFC delegation in Hong Kong 15 Jul 2019 - 08:56 am

Sheikha Alanoud bint Hamad Al Thani (fourth left), Managing Director, Business Development, QFC; with other officials during the QFC delegation’s visit to Hong...