Business

Leasing activities sees significant rise in Lusail 19 Aug 2023 - 08:14 am

Doha, Qatar: The newly-developed Lusail city continues to see numerous leasing and commercial activities, said Knight Frank in a recent report. The leading...

H&M to phase out Myanmar operations after reports of labour abuse 18 Aug 2023 - 06:59 pm

Stockhol: Swedish clothing giant H&M said on Friday it would begin closing its operations in Myanmar, after reports of abuse against garment workers...

Global wealth set to rise by 38% over next five years 18 Aug 2023 - 10:07 am

Doha, Qatar:The fourteenth edition of the Global Wealth Report was launched yesterday jointly by Credit Suisse and UBS. It shows that measured in...

Bahrain real estate transactions continue to grow amid moderate performance 18 Aug 2023 - 10:06 am

Doha, Qatar:Real estate transactions in Bahrain totalled 5,279 in Q2 2023, according to SLRB data. This marks an increase of 7.1% year-on-year, but...

Qatar’s GDP to expand by 2.6% with 3.3% growth in non-oil sector 18 Aug 2023 - 09:57 am

Doha, Qatar: Qatar’s GDP growth is expected to be driven by the non‑oil and gas sectors in this year as the advancement in...

Real estate trading volume reaches QR1.548bn in July 18 Aug 2023 - 09:56 am

Doha, Qatar:The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in...

Local, global factors are putting pressure on QSE index 18 Aug 2023 - 09:56 am

Doha, Qatar:The Qatar Stock Exchange (QSE) index concluded this week’s trading down by 1.53 percent, losing 164 points to stand at 10,571 under...

Qatar’s CPI rises marginally in July 18 Aug 2023 - 09:55 am

Doha, Qatar:The Consumer Price Index (CPI) of July 2023 reached 106.87 points showing an increase of 0.37 percent when compared to CPI of...

Amazon offers influencers $25 per video, sparking chorus of LOLs 17 Aug 2023 - 10:49 pm

Amazon.com Inc., looking to amp up its TikTok-like shopping feed, has called on influencers to make hundreds of videos apiece. But its offer...

Walmart raises 2024 forecast after 'strong' quarter 17 Aug 2023 - 03:27 pm

New York: Walmart raised its full-year forecast on Thursday following a jump in quarterly profits, pointing to solid increases at US stores and...

MEEZA shares to be listed on QSE from August 23 17 Aug 2023 - 08:08 am

Doha, Qatar:The Qatar Stock Exchange (QSE) is pleased to announce that the shares of MEEZA QSTP LLC (Public) will be admitted to trading...

QFMA participates in meetings of IFSB in Riyadh 17 Aug 2023 - 08:06 am

Doha, Qatar:Qatar Financial Markets Authority (QFMA) participated in the annual meetings of the Islamic Financial Services Board (IFSB), which concluded its works in...

Amazon to Impose fee on sellers who ship products themselves 16 Aug 2023 - 08:15 pm

Amazon.com Inc. is imposing a new fee on merchants who don’t use the company’s logistics services, a change many of these sellers consider...

Intel abandons $5.4 billion deal after China withholds approval 16 Aug 2023 - 04:26 pm

Intel Corp. walked away from its attempt to acquire Tower Semiconductor Ltd., abandoning a $5.4 billion deal after failing to win Chinese regulatory...

Around 3,000 hotel keys in pipeline for second half of 2023 16 Aug 2023 - 08:21 am

Doha, Qatar:The hospitality sector is on course to witness yet another strong momentum in the country with the addition of 3,000 hotel keys,...

AAB Announces Rebrand 16 Aug 2023 - 08:18 am

Abdullah Abdulghani & Bros. Co.W.L.L Abdulla, Abduljaleel & Abdulghani Al Abdulghani, the distributor of Toyota and Lexus in Qatar, announced today its new...

QNB: Official partner for ‘Future Assets Program’ 16 Aug 2023 - 08:16 am

Doha, Qatar:QNB Group, the largest financial institution in the Middle East and Africa, provided its official partnership for the Future Assets Program, a...