Business

Sri Lanka's economy shrinks 11.8% in second-worst quarterly performance 15 Dec 2022 - 04:51 pm

COLOMBO: Sri Lanka's economy shrank 11.8% in the July-September quarter from a year ago, government data showed on Thursday, the second-worst quarterly contraction...

Asia tops economic blocs receiving Qatar’s private sector exports in Q3 15 Dec 2022 - 09:34 am

Doha: Asia topped the economic blocs that received Qatar’s private sector exports worth QR3,375.44m during Q3/2022, according to the Private Sector Exports Quarterly...

QCB hikes interest rates by 50 basis points 15 Dec 2022 - 09:34 am

Doha: Qatar Central Bank said yesterday that they raised the QCB Deposit Rate (QCBDR) by 50 basis points to 5.00 percent. The bank...

Minister of Finance meets Hungarian Minister for Foreign Affairs and Trade 15 Dec 2022 - 09:33 am

Minister of Finance H E Ali bin Ahmed Al Kuwari met yesterday with Minister of Foreign Affairs and Trade of the Republic of...

CPI up 5.3% in November 2022 15 Dec 2022 - 09:31 am

Doha: The Consumer Price Index (CPI) of November reached 106.86 points, an increase of 1.36 percent compared to CPI of October 2022. Compared...

‘National Day synchronisation with World Cup represents catalyst to proceed with progress’ 15 Dec 2022 - 09:17 am

Doha:The Chief Executive Officer of Hassad Food Company Eng. Mohamed Badr Al Sada (pictured)underlined that the strategic cooperation and integration carried out by...

Kia Qatar unveils new city facility 15 Dec 2022 - 09:09 am

Doha: Not to be outdone amidst all of the memorable matches and experiences in town during the epic Qatar 2022 tournament, Al- Attiya...

Energy Minister meets Hungarian Minister of Foreign Affairs and Trade 14 Dec 2022 - 04:00 pm

Doha: The Minister of State for Energy Affairs HE Saad Sherida Al-Kaabi met in Doha today with HE Péter Szijjártó, the Minister of...

QFZA, US delegation discuss bilateral cooperation in attracting joint investment 14 Dec 2022 - 10:20 am

Doha:Minister of State and Chairman of Qatar Free Zones Authority H E Ahmad Al Sayed received a US delegation in Qatar Free Zones,...

QNB launches exclusive National Day promotion on loans 14 Dec 2022 - 10:18 am

Doha: QNB Group, the Official Middle East and Africa Supporter of the FIFA World Cup 2022 recently announced the launch of a new...

The Pearl Island showcases World Cup winner’s trophy for residents,visitors 14 Dec 2022 - 10:17 am

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

Qatar’s retail banking revenues expected to grow at 7.8% CAGR between 2021 – 2026 14 Dec 2022 - 10:13 am

Doha: Qatar’s retail banking revenues are expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8 percent between 2021 to 2026,...

Private sector exports up 58% 14 Dec 2022 - 10:12 am

Doha: The total value of private sector exports (according to the certificate of origin issued by the Qatar Chamber) during the third quarter...

Crown Prince of Kuwait welcomes ministers taking part in OAPEC ministerial meeting 14 Dec 2022 - 10:11 am

Doha: Crown Prince of the State of Kuwait H H Sheikh Mishal Al Ahmad Al Jaber Al Sabah welcomed the heads of delegations...

‘Qatar's excellent infrastructure, facilities ideal for investments’ 14 Dec 2022 - 10:09 am

Investments in Qatar witness a huge demand in the real estate industry with a resilient economy that overshadows securities and equity risk. As...

Sudan inks $6 billion UAE deal for new Red Sea port 13 Dec 2022 - 07:49 pm

Khartoum: Sudan signed on Tuesday an initial $6 billion deal led by United Arab Emirates' AD Ports Group and Invictus Investment to build...

Boeing deliveries rose in November, while new orders fell 13 Dec 2022 - 07:30 pm

NORTH CHARLESTON, South Carolina: Boeing Co deliveries rose in November to 48 airplanes as new orders fell to 21 airplanes, consisting of 18...

Auction for 100-island Indonesian archipelago delayed after backlash 13 Dec 2022 - 04:39 pm

Jakarta: An auction for development rights to an eastern Indonesian archipelago of more than 100 islands has been delayed until January, Sotheby's said,...