Business

Global economy to grow 2.6% in 2023 13 Aug 2023 - 08:21 am

Doha, Qatar:Early in the year, negative narratives from investors and analysts dominated the global macro agenda. This followed a particularly arduous 2022, when...

Qatar’s recruitment sector provides robust opportunities 13 Aug 2023 - 08:18 am

Doha, Qatar:The manpower industry is poised to offer tremendous opportunities in Qatar by meeting clients’ expectations and delivering high-quality service said an official....

Oil rises for 7th week on record demand forecast 13 Aug 2023 - 08:16 am

Doha, Qatar:Oil prices edged higher last Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the...

Dukhan Bank announces August Thara’a draw winners 13 Aug 2023 - 08:15 am

Doha, Qatar:Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the...

Over 4,000 apartments, villas added in Q2 12 Aug 2023 - 09:31 am

Doha, Qatar:According to a recent report by ValuStrat, the residential stock during the second quarter of the year was estimated at 341,140 units,...

McDonald’s franchisees that fail inspections have a quicker path to recovery 11 Aug 2023 - 06:51 pm

McDonald’s Corp. is streamlining the process for franchisees who’ve failed inspections to get back in compliance, which should make it quicker for operators...

Alphabet’s $118 billion cash pile poses a new problem 11 Aug 2023 - 05:17 pm

Alphabet Inc. is facing a new and, by most accounts, welcome problem - how to spend its rapidly expanding pile of cash. The...

Amazon cracks down on employees who stay away from office 11 Aug 2023 - 04:25 pm

Amazon.com Inc. is cracking down on US workers who have ignored its return-to-office guidelines, in the latest example of companies attempting to reduce...

QSE index maintains cohesion and anticipation for Morgan Stanley’s reviews 11 Aug 2023 - 08:52 am

Doha, Qatar:The Qatar Stock Exchange (QSE) index concluded this week’s trading down by 0.59 percent, losing 63.35 points to stand at 10,735 under...

Ezdan posts QR161m net profit in Q2, 2023 11 Aug 2023 - 08:47 am

Ezdan Holding Group announced its financial results for the second quarter ended June 30, 2023, showing a net profit of QR161m during Q2-2023...

Real estate trading volume exceeds QR242m last week 11 Aug 2023 - 08:45 am

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

QAMCO records net profit of QR240m for first half of 2023 11 Aug 2023 - 08:31 am

Doha, Qatar:Qatar Aluminum Manufacturing Company (QAMCO) a 50% joint venture partner in Qatar Aluminum Company (Qatalum), yesterday reported a net profit of QR240m...

Alibaba takes step toward comeback as growth finally returns 10 Aug 2023 - 05:56 pm

Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take a first step toward a...

UK retailer Wilko collapses, risking 12,000 jobs 10 Aug 2023 - 03:16 pm

London: British household goods company Wilko has collapsed owing to big debts, its boss announced Thursday, impacting about 12,000 jobs as high inflation...

Angry Birds maker Rovio's shareholders accept Sega's bid 10 Aug 2023 - 01:39 pm

Helsinki: Shareholders of Finland's Rovio, creator of the Angry Birds franchise, have overwhelmingly accepted Japanese Sega's offer to buy the company, allowing the...

MPHC reports a net profit of QR585m 10 Aug 2023 - 08:35 am

Doha, Qatar: Mesaieed Petrochemical Holding Company (“MPHC” or “the Group”; QE ticker: MPHC), yesterday announced a net profit of QR585m for the six-month...