Business

QNB receives 3 coveted MTN awards 22 Oct 2018 - 07:40 am

DOHA: QNB Group, the largest financial institution in the Middle East and Africa, received three prestigious awards during the Annual mtn-i MTN Awards...

Oman oil output rises to 990,200 bpd in September: Oil ministry 21 Oct 2018 - 12:59 pm

Oman's oil and condensates output increased to 990,200 barrels per day (bpd) in September, the oil ministry wrote on Twitter on Sunday. The...

Higher oil prices a challenge for Asian economies: QNB 21 Oct 2018 - 10:29 am

DOHA: With oil prices breaching the $80/b mark in recent weeks, markets and analysts are already taking stock of how different countries are...

Forex reserves more than enough to face blockade challenges: QCB Governor 21 Oct 2018 - 10:21 am

DOHA: The Governor of Qatar Central Bank (QCB) H E Sheikh Abdullah bin Saoud Al Thani (below) affirmed yesterday that the international reserves...

Asset management has $35bn opportunity in Qatar 21 Oct 2018 - 10:18 am

DOHA: Valued at an estimated $97bn by the end of 2017, the banking system holds the largest share (81 percent) of Qatar’s total...

‘Made in Qatar 2018’ Oman expo to showcase major investment projects 21 Oct 2018 - 10:09 am

DOHA: Preparations for the upcoming “Made in Qatar”, scheduled to be held in Oman from 5-9 November, are in full swing. Exhibiting companies...

Ahlibank posts QR537.8m net profit 21 Oct 2018 - 09:57 am

DOHA: Ahlibank has recorded a net profit of of QR537.8m for the first nine months of 2018, an increase of 3.8 percent over...

CIArb holds first training course 21 Oct 2018 - 09:46 am

DOHA: The Chartered Institute of Arbitrators (CIArb) launched its first training course since the establishment of its branch office at Qatar International Court....

Islamic finance debate highlights need for standardisation 21 Oct 2018 - 09:38 am

DOHA: The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, partnered with Reuters to...

Milaha signs digital transformation deal with Oracle Cloud 21 Oct 2018 - 09:12 am

DOHA: Qatar Navigation (Milaha), one of the leading maritime and logistics conglomerates in the region, has signed an agreement with the US-based tech...

QFMA approves Qatalum IPO application 20 Oct 2018 - 12:00 am

DOHA: Qatar Financial Markets Authority (QFMA) announced Thursday that it approved a request to publicly list the shares of Qatar Aluminum (Qatalum). The...

Moody’s changes outlook on Apicorp to positive, affirms Aa3 rating 19 Oct 2018 - 09:52 pm

DOHA: Moody’s Investors Service (Moody’s) has changed the outlook on Arab Petroleum Investments Corporation (Apicorp) to positive from stable and affirmed Apicorp’s long-term...

Oil up but set for weekly loss on stock build, trade row 19 Oct 2018 - 02:32 pm

LONDON: Oil prices rose on Friday on signs of surging demand in China, the world's second-biggest Oil consumer, although the market was heading...

Woqod renews contract with QP for next 5 years 19 Oct 2018 - 11:10 am

DOHA: Qatar Fuel (WOQOD), the main distributor of retail petroleum products in Qatar, announced yesterday that it has extended the petroleum products sale...

QSE investors’ wealth rises to QR569.12bn 19 Oct 2018 - 11:10 am

DOHA: Qatar Stock Exchange’s (QSE) benchmark index gained 331.48 points, or 3.36 percent, last week when the bourse closed yesterday at 10,193.01 points....

QEWC announces QR1,156m net profit 18 Oct 2018 - 08:14 am

DOHA: Qatar Electricity and Water Company (QEWC) announced QR1,156m net profit (net of non-controlling interests) for nine months ending September 30, 2018 against...

QIB’s profit grows by 13% to reach QR2bn; assets at QR152.5bn 18 Oct 2018 - 12:24 am

DOHA: Qatar Islamic Bank’s (QIB) net profit attributable to the shareholders of the bank amounted to QR2.005bn for the nine months’ period ended...

Nakilat shares maritime expertise at Qatar Shipping Forum 2018 18 Oct 2018 - 12:23 am

DOHA: Nakilat recently participated in the Qatar Shipping Forum 2018 held at Marriott Doha Hotel, which gathered local shipping and maritime professionals. This...