Business

Qatar Airways Cargo transports over 1.5 million tonnes of air freight in 2022-23 28 Jul 2023 - 08:49 am

Doha, Qatar: Qatar Airways Cargo transported more than 1.5 million tonnes of air freight, accounting for 8.14% share in the global market from...

Qatar Central Bank exempts customers from additional costs on consumer financing 27 Jul 2023 - 03:21 pm

Doha, Qatar: Qatar Central Bank (QCB) announced on Thursday, July 27, 2023, that - upon the state's directives, it has decided to exempt...

Samsung says second-quarter operating profit fell 95% 27 Jul 2023 - 11:48 am

Seoul: Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand...

Doha Bank achieves net profit of QR392m in H1 27 Jul 2023 - 08:56 am

Doha, Qatar: Chairman of the Board of Directors of Doha Bank, Sheikh Fahad bin Mohammad bin Jabor Al Thani announced the bank’s financial...

QC, Arab-Brazilian Chamber review cooperation 27 Jul 2023 - 08:55 am

Doha, Qatar: Qatar Chamber (QC) held a meeting on Wednesday with the Arab Brazilian Chamber of Commerce (ABCC) to discuss ways to enhance...

Vodafone Qatar H1 net profit rises 20.1% to QR260m 27 Jul 2023 - 08:53 am

Doha, Qatar:Vodafone Qatar P.Q.S.C. (“Vodafone Qatar” or the “Company”) announced its consolidated financial results for the six months ended 30 June 2023 with...

Barwa Real Estate posts QR553m net profit in H1 2023 27 Jul 2023 - 08:53 am

Doha, Qatar:Barwa Real Estate disclosed its semi-annual financial statements for the period ended June 30, 2023. The results showed a net profit of...

QSE index surges over 200 points, shares bounce-back 27 Jul 2023 - 08:51 am

Doha, Qatar:Shares in Qatar’s stock market witnessed a notable bounce-bank as the Qatar Stock Exchange (QSE) index surged 229.02 points or 2.17 percent,...

QCB hikes rates by 25 basis points 27 Jul 2023 - 08:50 am

Doha, Qatar: The Qatar Central Bank announced yesterday that it raised the QCB deposit rate (QCBDR) by 25 basis points, to 5.75 percent....

UDC records QR189m net profit, QR881m revenues for first half 27 Jul 2023 - 08:47 am

Doha, Qatar:United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands announced its...

Dollar won’t weaken until Fed signals interest rate cuts, Schwab strategist says 26 Jul 2023 - 07:00 pm

The US dollar will likely hold around current levels until the Federal Reserve starts signaling that it’s shifting from raising rates to cutting...

Boeing jumps on cash generation as jet deliveries surge 26 Jul 2023 - 04:58 pm

Boeing Co. generated $2.58 billion in free cash flow in the second quarter, far exceeding expectations as a flurry of jet deliveries and...

Kuwait records first fiscal surplus in nearly a decade: ministry 26 Jul 2023 - 12:11 pm

Kuwait City: Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said...

GWC posts 9% growth in first half revenues 26 Jul 2023 - 08:51 am

Doha, Qatar:Gulf Warehousing Company Q.P.S.C. (GWC) announced the results for the first half of 2023, realising a total 9 percent revenues’ growth YoY...

Qatar registers surge in sale of properties 26 Jul 2023 - 08:50 am

Doha, Qatar:Qatar’s real estate sector saw growth in May this year as the number of properties sold witnessed rise. The total number of...

QIIB net profit rises 7.7% to QR615m in H1 26 Jul 2023 - 08:47 am

Doha, Qatar:Chairman of QIIB Board of Directors, Sheikh Abdullah bin Thani bin Abdullah Al Thani announced QIIB’s financial results for the first half...

Ooredoo, Zain and TASC Towers Holding enter exclusive negotiations to create an independent tower company comprising up to 30,000 towers 25 Jul 2023 - 09:22 pm

Doha, Qatar: Independent operating model will enhance shareholder value, and enhance the operational and carbon efficiency of passive tower infrastructure supporting the reduction...