Business

Apple plans to cut back on hiring due to iPhone sales struggles 17 Jan 2019 - 10:55 pm

Apple Inc. will cut back on hiring for some divisions after selling fewer iPhones than expected and missing its revenue forecast for the...

HSBC Qatar ranked top market leader in trade and finance services 17 Jan 2019 - 12:51 am

DOHA: Businesses in Qatar voted HSBC as the #1 Market Leader in Trade Finance Services for the second consecutive year, according to Euromoney’s...

It’s official: Wall Street topped $100 billion in profit 17 Jan 2019 - 12:51 am

The six biggest U.S. banks have never had a $100 billion year. Until now. Goldman Sachs Group Inc., JPMorgan Chase & Co. and...

Ahlibank posts QR665.6m net profit in 2018 17 Jan 2019 - 12:51 am

DOHA: Ahli Bank QSC (ABQK) has recorded a net profit of QR665.6m for the year ended 2018 with an increase of 4.04 percent...

Ethiopia woos Qatari investors 17 Jan 2019 - 12:51 am

DOHA: Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari attended the “Invest In Ethiopia” forum, organised by the Ethiopian embassy...

GWC net profit grows by 10% to QR237.5m in 2018 17 Jan 2019 - 12:51 am

DOHA: GWC, Qatar’s leading logistics provider, concluded 2018 with a 10 percent surge in net profit to QR237.5m, as compared with QR215.4 m...

QIB profit surges by 14.5% to QR2.75bn in 2018 17 Jan 2019 - 12:51 am

DOHA: Qatar Islamic Bank’s (QIB) net profit attributable to shareholders reached QR2.75bn for the fiscal year 2018 compared to QR2.40bn for the year...

Croatia looks to further deepen bilateral cooperation with Qatar 17 Jan 2019 - 12:51 am

Qatar is a crucial partner of Croatia in the Gulf region and Croatia is ready to offer its reciprocal role in the South...

Luxury concierges offer ‘bespoke experiences’ in fight for the ultra-rich 16 Jan 2019 - 11:38 pm

With mobile apps that can make you a dinner reservation, find a taxi, a dog walker or even arrange your dry cleaning, who...

Student debt is a driver of low millennial homeownership 16 Jan 2019 - 11:38 pm

American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit. Just 36...

Brazilian sugar-cane mogul is creating the Alipay of Brazil 16 Jan 2019 - 11:33 pm

The Brazilian tycoon behind the world’s biggest sugar-cane operation is taking a page from billionaire Jack Ma’s playbook for his next project. Cosan...

Mobile app spend soars with China a top market 16 Jan 2019 - 11:13 pm

San Francisco:Mobile app downloads are surging around the world with growth in smartphone use, with nearly half coming from China, a market tracker...

Final winter Detroit auto show a shadow of its former self 16 Jan 2019 - 07:41 pm

Detroit: As row upon row of automakers' latest models gleam in the bright lights of the Detroit auto show, the exhibitors ready to...

AZF project wins GORD Sustainability Certification Award 16 Jan 2019 - 01:10 am

DOHA: Aspire Zone Foundation’s (AZF) Khalifa Stadium Energy Centre and Office Building project recently obtained the 3 Star Global Sustainability Assessment System (GSAS)...

Doha Bank awarded ISO 27001 for banking operations in Qatar 16 Jan 2019 - 01:10 am

DOHA: Doha Bank, one of the largest private commercial banks in Qatar, has been awarded the coveted ISO 27001 certification, for its entire...

QNB Group’s full-year net profit rises to QR13.8bn 16 Jan 2019 - 12:59 am

DOHA: QNB, the largest financial institution in the Middle East and Africa (MEA) region, recorded a net profit of QR13.8bn ($3.8bn) for the...

Qatari banks fund $3bn of projects in Turkey after currency swap deal 16 Jan 2019 - 12:59 am

Bilateral cooperation between Qatar and Turkey has been deepening and expanding rapidly and steadily. Cooperation in almost every sector, including economy, trade and...