Business

World Bank warns global economy could easily tip into recession in 2023 10 Jan 2023 - 06:27 pm

WASHINGTON: The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as...

Amazon plans to shut three UK warehouses, impacting 1,200 jobs 10 Jan 2023 - 03:19 pm

LONDON: Amazon plans to shut three warehouses in Britain in a move that will impact 1,200 jobs, but workers will be given the...

Tata-run iPhone plant would be a boon for India, executive says 10 Jan 2023 - 11:23 am

Tata Group succeeding with its bid to take over an iPhone assembly plant in southern India would give a boost to the country’s...

AAB Toyota participates in Qatar Custom Show 2023 10 Jan 2023 - 09:11 am

Doha: Abdullah Abdulghani & Bros. Co. (AAB) distributors for Toyota vehicles in Qatar participated in the just concluded Qatar Custom Show 2023 as...

Ooredoo launches Microsoft Teams Phone as-a-service in Qatar 10 Jan 2023 - 09:01 am

Doha: Ooredoo Qatar, a key national player in one-stop ICT provision, has launched Microsoft Teams Phone as-a-service for its business customers, the first...

Qatar Stock Exchange gains 1.5% 10 Jan 2023 - 08:58 am

Doha:Qatar Stock Exchange (QSE) index gained 169.12 points.That is 1.5 percent, to close trading at 11,466.7 points yesterday.The volume of shares traded decreased...

Broad Money supply up 13.7% 10 Jan 2023 - 08:55 am

Doha: In the Banking Sector total Broad Money Supply (M2) recorded about QR704bn during November 2022, an annual increase of 13.7 percent, compared...

Strong growth of GCC economies fuels global real estate investments 10 Jan 2023 - 08:36 am

Doha:With economies in the Gulf Cooperation Council (GCC) expected to be relative global outperformers in 2022 and 2023, regional investors’ appetite for global...

Unified Gulf Standards for ESG disclosure launched 10 Jan 2023 - 08:35 am

Doha:The Acting CEO of Qatar Stock Exchange (QSE) Abdulaziz Al Emadi said that QSE is pioneer in promoting practices that support sustainable investment...

Construction market forecasts 9.5 percent growth in Qatar 10 Jan 2023 - 08:28 am

Doha: The expansion of various industries including commercial, residential, infrastructure, energy, and utility has led to a significant rise in the market. The...

Dollar at 7-month low vs euro on slower Fed rate hike expectations 09 Jan 2023 - 11:59 pm

NEW YORK: The US dollar on Monday slid to a seven-month low against the euro as traders bet recent economic data would prompt...

Novavax's longtime CEO Stanley Erck to retire 09 Jan 2023 - 09:34 pm

Novavax Inc said on Monday its longtime chief executive officer, Stanley Erck, would retire and be succeeded by industry veteran John Jacobs, at...

Circular Economy in Qatar to yield additional $17bn by 2030: IPA Qatar 09 Jan 2023 - 06:55 pm

Doha: The Investment Promotion Agency Qatar (IPA Qatar) has highlighted the promising opportunities for green investment in waste management and predicted that the...

US SEC charges McDonald's ex-CEO for misrepresentations to investors 09 Jan 2023 - 05:55 pm

New York: The US Securities and Exchange Commission (SEC) on Monday charged former McDonald's Corp Chief Executive Stephen Easterbrook with making false and...

Alibaba leads China tech gains as regulatory woes ease further 09 Jan 2023 - 12:03 pm

Chinese tech stocks jumped as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending. Alibaba Group Holding Ltd....

QSE gains 1.37 percent 09 Jan 2023 - 08:16 am

Doha:Qatar Stock Exchange (QSE) index gained 152.27 points, or 1.37 percent, to close trading at 11,297.58 points yesterday.wThe volume of shares traded decreased...

QatarEnergy makes largest investment in petrochemical sector in Qatar 09 Jan 2023 - 08:12 am

Doha: QatarEnergy reached another major milestone yesterday by entering into an agreement with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras...

Es'hailSat, AXESS Networks strengthen operations in MENA region 08 Jan 2023 - 05:06 pm

Doha: Es'hailSat, The Qatar Satellite Company has signed a strategic partnership agreement with AXESS Networks to provide Teleport and VSAT services for multiple...