Business

Unilever warns high prices to continue into 2023 27 Oct 2022 - 03:54 pm

London: British consumer group Unilever on Thursday warned that it expected prices to remain high into next year as decades-high inflation takes time...

Unilever downbeat on Europe, China consumer sentiment 27 Oct 2022 - 11:33 am

LONDON: Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised...

Dukhan Bank announces winners of 2nd draw of FIFA World Cup Qatar 2022 campaign 27 Oct 2022 - 09:43 am

Doha: Dukhan Bank has announced the names of winners of the second draw of its special campaign in partnership with Visa that gives...

Industries Qatar net profit rises 28% to QR7bn for nine months 27 Oct 2022 - 07:57 am

Doha: Industries Qatar yesterday reported a net profit of QR7bn for the nine-months period ended September 30, representing an increase of 28 percent...

Ooredoo Group’s nine-month revenue up 4% to QR17bn 27 Oct 2022 - 07:36 am

Doha: Ooredoo yesterday announced its financial results for the nine months ended September 30, 2022, with revenue of QR16.9bn, an increase of 4...

Commercial Bank holds Extraordinary and Ordinary General Assembly Meeting 27 Oct 2022 - 07:35 am

Doha: Shareholders of The Commercial Bank approved at the Extraordinary and Ordinary General Assembly held on October 24, 2022, all items on the...

Federal Bank offers higher interest rates on fixed deposits for NRIs 27 Oct 2022 - 07:35 am

Doha: Federal Bank, has introduced special interest rate of 7.5 percent on fixed deposits for NRIs for a tenure of 700 days. This...

QIMC reports 41% rise in profit 27 Oct 2022 - 07:24 am

Doha: Qatar Industrial Manufacturing Company (QIMC) disclosed the interim financial statement for the nine-month period ending Sep. 30, 2022. The financial statements revealed...

Mannai Corporation posts net profit of QR512m for nine-months 27 Oct 2022 - 07:23 am

Doha: Mannai Corporation QPSC (Qatar Exchange: MCCS), yesterday announced its nine-month results for the period ended September 30, 2022. Group Revenue for the...

QEWC nine-month net profit grows by 6% to QR1.250bn 27 Oct 2022 - 07:20 am

Doha: Under the chairmanship of H E Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs, the Board of Directors of...

Qatar-Korea business forum discusses ways to promote investments 27 Oct 2022 - 07:20 am

Doha: The embassy of Korea in line with the Ministry of Commerce and Industry (MoCI), Korea Trade-Investment Promotion Agency (Kotra), Qatar Chamber (QC)...

Lesha Bank reports net profit of QR63.6 million for the nine-months period ended 30 September 2022 27 Oct 2022 - 07:18 am

Lesha Bank L.L.C (Public), (the “Bank”) announced its financial results for the nine months period ended 30 September 2022, reporting a net profit...

QIIB net profit rises by 7.4% to QR902m in Q3, 2022 27 Oct 2022 - 07:12 am

Doha: Qatar International Islamic Bank (QIIB) reported a net profit of QR902m for the third quarter of the year (Q3 2022), showing an...

Pfizer probed in Italy for allegedly hiding $1.2 billion profit 26 Oct 2022 - 11:09 pm

Pfizer Inc. is the target of an Italian probe alleging the company hid at least 1.2 billion euros ($1.2 billion) in profit by...

QIC Group reports net profit of QR571m for nine months 26 Oct 2022 - 11:07 pm

Doha: Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North Africa (Mena) region, yesterday announced a net profit...

Tesla faces US criminal probe over self-driving claims 26 Oct 2022 - 10:59 pm

Tesla Inc is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves, three people familiar...

QatarEnergy trading to offtake and market 70% of LNG produced by Golden Pass 26 Oct 2022 - 09:18 pm

Doha: Affiliates of QatarEnergy and ExxonMobil have agreed to independently offtake and market their respective proportionate equity shares of LNG produced by the...