Business

Gulf International Services, Doha Insurance Group discuss Al Koot M&A 20 Aug 2022 - 11:57 am

Doha: Gulf International Services and Doha Insurance Group announced that they intend to engage in initial negotiations on a potential all-share merger of...

Russia's Gazprom to shut gas pipeline to Europe for 3 days 19 Aug 2022 - 10:04 pm

MOSCOW: Russia's state-owned energy company Gazprom said on Friday a key pipeline conveying natural gas to Europe will shut down for three days...

Real estate deals exceed QR265m last week 19 Aug 2022 - 09:28 am

Doha: The volume of real estate trading in sales contracts registered with the Department of Real Estate Registration at the Ministry of Justice...

QFB completes its rights issue to increase capital to QR1.12bn 19 Aug 2022 - 09:13 am

Doha: Qatar First Bank (QFB) LLC (Public) announces the successful completion of its rights issue. The Bank issued 420,000,000 shares, with the aim...

OBG, Lulu Group International produce research on Qatar’s sustainable economic transition 19 Aug 2022 - 09:11 am

Doha: A new environmental, social and governance (ESG) intelligence report, produced by Oxford Business Group (OBG) in partnership with Lulu Group International, maps...

Strong earnings helped QE Index break 14,000 level 19 Aug 2022 - 09:11 am

Doha: The Qatar Stock Exchange index broke 14,000 points resistance yesterday, closing up 2 percent on the week. Financial analyst Ramzy Qasmiya told...

Widam Food signs QR100 million agreement with Egypt's Frigo 18 Aug 2022 - 11:14 pm

DOHA: Widam Food QPSC has signed a QR100 million agreement to supply veal meat to the Egyptian company Frigo. In a statement, the...

Indian firm to develop Nepal hydropower plant left by China 18 Aug 2022 - 08:01 pm

KATHMANDU: Nepal has signed a pact with an Indian company NHPC to develop a hydroelectric plant in the west of the nation years...

Arab Monetary Fund forecasts 4.4% GDP growth for Qatar in 2022 18 Aug 2022 - 06:49 pm

DOHA: The Arab Monetary Fund (AMF) expected the Qatari economy to grow by 4.4 percent this year and 3.6 percent in 2023, supported...

Qatar Stock Exchange gains 0.38 Percent 18 Aug 2022 - 04:41 pm

Doha: Qatar Stock Exchange (QSE) index gained 28.94 points, or 0.21 percent, to close trading at 14,018.43 points on Thursday. The volume of...

China is ramping up Swiss gold imports, signaling better demand 18 Aug 2022 - 03:35 pm

China’s gold imports from the major refining hub of Switzerland jumped to the highest in more than five years, signaling demand improved as...

Qatar posts 2022 first half budget surplus of QR 47.3 billion 18 Aug 2022 - 03:19 pm

Doha: The revenues of the oil and gas sector in Qatar increased 67 percent in the first half of 2021, official numbers showed...

Qatar Central Bank warns against cyber fraud 18 Aug 2022 - 03:17 pm

Given the noticeable increase in cyber fraud attempts through phone calls and social media messages, Qatar Central Bank (QCB) has urged users to...

Qatar First Bank completes its rights issue to increase capital to QR1.12 billion 18 Aug 2022 - 01:13 pm

Doha: Qatar First Bank LLC (Public) announces the successful completion of its rights issue. The Bank issued 420,000,000 shares, with the aim of...

Ghana raises Benchmark rate to 22% in biggest hike since 2002 18 Aug 2022 - 10:40 am

Ghana’s central bank increased its benchmark interest rate by the biggest margin on record. That may not be enough to support its slumping...

QNB announces new winners of ‘Triple your Salary’ campaign for its First Members 18 Aug 2022 - 09:07 am

Doha: QNB, the largest financial institution in the Middle East and Africa, has announced the name of the second and third winner of...

Qatar attracts 71% of investments into Mideast worth $19.2bn in Q2 2022 18 Aug 2022 - 09:05 am

Doha: Qatar has attracted 71 percent of investments into the Middle East in the second quarter of the year (Q2 2022), creating 6,...

QSE Index inches closer to 14000 level 18 Aug 2022 - 09:04 am

Doha: Qatari stocks continued gaining with the Qatar Stock Exchange (QSE) Index rising over 200 points and crossed 13,900 level, yesterday. The QSE...