Business

Qatar Central Bank foreign exchange reserves jump by 12.7% to $44.8bn 17 Jul 2018 - 11:12 pm

DOHA: The Qatar Central Bank’s (QCB) foreign exchange reserves jumped 12.7 percent to $44.8bn in May on month-on-month, equating to 7.0 months of...

Doha Bank wins ‘Best Arab Customers Services’ title 17 Jul 2018 - 11:12 pm

DOHA: Doha Bank, one of the largest commercial banks in Qatar, has triumphed in the ‘Best Arab Customers Services’ category at the recent...

Vodafone Qatar connects ASTAD with fixed services 17 Jul 2018 - 11:12 pm

DOHA: An agreement signed yesterday by Vodafone Qatar and ASTAD will ensure all the site offices of the country’s project management arm are...

Moody’s raises QIIB outlook to stable 17 Jul 2018 - 11:12 pm

DOHA: QIIB announced that Moody’s has affirmed the bank rating at A2 and changed its outlook to stable, reflecting the strength of the...

Qatar Development Bank to launch FinTech, SportsTech incubation centres 17 Jul 2018 - 11:12 pm

DOHA: Qatar Development Bank (QDB) is set to launch two more incubation centres as part of its accelerated efforts to support startups and...

As Boeing chases futuristic air travel, safety conundrums loom 17 Jul 2018 - 10:36 pm

Before flying Ubers can zip people over crowded city streets, regulators and planemakers such as Boeing Co. and Airbus SE will first need...

Japan, EU sign free trade pact amid worries about Trump 17 Jul 2018 - 10:36 pm

TOKYO: Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight...

Libya's NOC declares force majeure on Zawiya exports as Sharara output drops 17 Jul 2018 - 09:28 pm

TRIPOLI: Libya's National Oil Corporation (NOC) said on Tuesday it had declared force majeure on exports from Zawiya oil terminal as production at...

There's one commodity that may benefit from Trump's trade war 17 Jul 2018 - 08:57 pm

There’s at least one commodity that may benefit from Donald Trump’s trade war with China: nitrogen fertilizer. Soybean prices have plummeted since May...

UK PM May narrowly avoids defeat in parliament on trade laws 17 Jul 2018 - 08:57 pm

LONDON: British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on...

Europe is said to explore talks with Trump on car-tariff cut 17 Jul 2018 - 08:54 pm

European Commission President Jean-Claude Juncker will meet President Donald Trump in Washington next week to explore the possibility of starting negotiations on reducing...

Amazon's Prime Day sales soar despite widespread glitches 17 Jul 2018 - 07:17 pm

Amazon.com Inc. sales rose sharply during the first three hours of its Prime Day sales event, dispelling fears that the technical glitches that...

Amazon employees strike in Spain and Germany 17 Jul 2018 - 07:09 pm

Madrid: Thousands of Amazon workers went on strike in Spain and Germany on Tuesday in protest at their working conditions as the retail...

Qatar Financial Centre achieves ISDA recognition 17 Jul 2018 - 01:24 am

DOHA: The International Swaps and Derivatives Association (ISDA) has recognised Qatar Financial Centre (QFC) as an effective netting regime and published a positive...

QDB workshop discusses challenges facing Qatari entrepreneurs 17 Jul 2018 - 01:24 am

DOHA: Qatar Development Bank (QDB) yesterday organised a first-of-its-kind workshop on ‘National Incubation Strategy’ and discussed the various gaps and challenges facing the...

Trade war imperils world growth as IMF Sees ‘complacent’ markets 17 Jul 2018 - 01:12 am

Escalating trade tensions are threatening to derail a global upswing that’s already losing momentum amid weaker-than-expected growth in Europe and Japan as financial...

Masraf Al Rayan’s first half net profit grows by 4.5% 17 Jul 2018 - 01:12 am

DOHA: Masraf Al Rayan, a leading bank in Qatar and the region, delivered a net profit of QR1.06bn for the first half of...

IQ, QNB lift QSE index higher 17 Jul 2018 - 01:12 am

DOHA: Qatar stocks drifted higher as traders looked toward solid company results yesterday, a day after the official confirmation that FIFA World Cup...