Business

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...

Ford to exit Russia after joint venture stake sale 26 Oct 2022 - 07:08 pm

New York: Ford Motor Co said on Wednesday it would exit Russia, the latest automaker to leave in the aftermath of Russia's invasion...

Saudi Aramco launches $1.5bn fund, says energy transition plan flawed 26 Oct 2022 - 06:27 pm

Riyadh: Oil giant Saudi Aramco launched a $1.5bn fund to support an inclusive global energy transition on Wednesday while Saudi officials said the...

Saudia to buy up to 100 Lilium electric aircraft for domestic network 26 Oct 2022 - 06:05 pm

Riyadh:Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for...

German go-ahead for China's Cosco stake in Hamburg port unleashes protest 26 Oct 2022 - 06:00 pm

Berlin: The German cabinet allowed China's Cosco to buy a stake in a terminal in the country's largest port on Wednesday in a...

UAE's central bank pilots central bank digital currencies transactions 26 Oct 2022 - 05:27 pm

Dubai: The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world's largest pilot of central bank...

Saudi finance minister says next six months 'very good' for Gulf 26 Oct 2022 - 10:08 am

RIYADH: Saudi Arabia's finance minister said on Wednesday the next six months, and possibly six years, would be "very good" for the Gulf...

FIFA World Cup Qatar 2022, a tailwind for country's hotel sector: Officials 26 Oct 2022 - 09:21 am

Doha: The FIFA World Cup Qatar 2022 will be a shot in the arm for hotels and the entire travel and tourism industry...

Global disruptions, an energy security concern: Minister Al Kaabi 26 Oct 2022 - 09:19 am

Doha: Minister of State for Energy Affairs H E Saad Sherida Al Kaabi took part in the 24th ministerial meeting of the Gas...

QNB named Best Private Bank in Middle East 26 Oct 2022 - 09:00 am

Doha: QNB Group, the largest financial institution in the Middle East and Africa, has topped its regional competitors as the “Best Private Bank...

Vodafone Qatar’s nine-month net profit up 67% to QR334m 26 Oct 2022 - 08:59 am

Doha: Vodafone Qatar yesterday announced its consolidated financial results for the nine months ended September 30, 2022 which reflect the Company’s success in...

GWC nine-month net profit up 5% to QR174.20m 26 Oct 2022 - 08:55 am

Doha: GWC, one of the region’s fastest growing companies, announced its financial results for the third quarter of 2022, reporting a net profit...

Masraf Al Rayan reports net profit of QR1.36bn for nine months 26 Oct 2022 - 08:53 am

Doha: Masraf Al Rayan yesterday released its consolidated financial statements for the nine-month period ended September 30, 2022 with a net profit attributable...

Barwa Real Estate Company reports net profit of QR742m for nine months 26 Oct 2022 - 08:52 am

Doha: Barwa Real Estate disclosed its financial statements for the nine-month period ended September 30, 2022, with a net profit of QR742m attributable...

Ministerial Statement of the GECF Ministerial Meeting 26 Oct 2022 - 08:52 am

Doha: The 24th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held yesterday in Cairo. HE Tarek El Molla, Minister of...

Amir’s speech stresses durability of Qatari economy: QC Chairman 26 Oct 2022 - 08:50 am

Doha: Chairman of the Qatar Chamber Sheikh Khalifa bin Jassim Al Thani praised the speech of the Amir H H Sheikh Tamim bin...

Al Faleh Educational Holding Company recommends distribution of profits to shareholders at 3.125% of capital 26 Oct 2022 - 08:46 am

Doha: Al Faleh Educational Holding Company held its Board meeting chaired by Dr. Sheikha Aisha bint Faleh Al Thani, Chairperson of the Board...

MPHC nine-month net profit up 2% to QR1.5bn 26 Oct 2022 - 08:45 am

Doha: Mesaieed Petrochemical Holding Company (MPHC), yesterday announced a net profit of QR1.5bn for the nine-month period ended September 30, 2022, showing an...