Business

Bitcoin traces an ominous chart pattern evoking plunge in June 12 Jul 2022 - 10:17 am

The latest Bitcoin chart pattern suggests cryptocurrency speculators should brace for more losses. The largest digital token has traced a so-called rising wedge,...

Qatar is an attractive home for investors: Official 12 Jul 2022 - 08:50 am

Qatar is strongly committed to economic growth, diversification and developing new opportunities for international investors. There are significant growth opportunities in all sectors...

Looming Musk-Twitter legal battle hammers company shares 11 Jul 2022 - 09:10 pm

NEW YORK: Shares of Twitter slid more than 9% in the first day of trading after billionaire Elon Musk said that he was...

India's SpiceJet sees another technical glitch after flight to Dubai 11 Jul 2022 - 08:33 pm

SpiceJet Ltd., the Indian airline already under scrutiny from regulators in the country, had another technical issue after a flight to Dubai, according...

Biden says action on China import tariffs still being discussed 10 Jul 2022 - 07:46 pm

President Joe Biden said his administration is still discussing possible action on US tariffs on Chinese imports, after Commerce Secretary Gina Raimondo said...

Canada to return repaired Nord Stream 1 turbine, expand sanctions on Russia 10 Jul 2022 - 07:36 pm

OTTAWA/FRANKFURT: Canada will return a repaired turbine to Germany that is needed for the Nord Stream 1 gas pipeline and could help to...

Crypto plunge is cautionary tale for public pension funds 10 Jul 2022 - 05:34 pm

MINNEAPOLIS: When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund's chief investment officer touting their potential,...

Wall St Week Ahead: Recession? Soft landing? Stagflation? Investors assess economy's strength 10 Jul 2022 - 05:07 pm

NEW YORK: With a miserable first half for the stock market now in the history books, investors are assessing whether the US economy...

Building permit issuances reach 3,766 in five months 10 Jul 2022 - 09:07 am

Qatar’s construction sector has maintained growth momentum so far this year. The trend in issuance of building permits in the country indicates the...

Gas to play longer role in life cycle of hydrocarbon industry 10 Jul 2022 - 09:05 am

Diversification of the economy is imperative to generate jobs in the private sector and one of the goals of Qatar National Vision 2030...

More than 3,000 cheques settled on first day of extending work of ECC: QCB 09 Jul 2022 - 09:32 pm

Doha: Qatar Central Bank (QCB) revealed that it settled more than 3,000 cheques worth QR80 million within the first day of extending the...

Crypto exchange CoinFlex now seeking to recover $84 million 09 Jul 2022 - 05:58 pm

CoinFlex said it has taken legal action to recover $84 million in losses from a single customer and is in talks to sign...

Qatar’s realty sector sees growth in Q1 09 Jul 2022 - 01:19 pm

The real estate residential market in Qatar is booming and witnessing growth due to high demand. The residential supply in the country was...

QSE index is coherent and anticipates developments after Eid Al Adha 08 Jul 2022 - 11:19 am

Doha: During the first week of July, Qatar Stock Exchange (QSE) index maintained its consistency, above 12,000 points, despite its decline to the...

QCB extends electronic check clearing system throughout week, official holidays 08 Jul 2022 - 11:19 am

Doha: Qatar Central Bank announced on Thursday the extension of the electronic check clearing system (ECC). Qatar Central Bank directed all banks to...

IBPC hosts business networking event with venture catalysts 08 Jul 2022 - 11:17 am

Doha: The Indian Business and Professionals Council (IBPC QATAR) hosted a Business Networking Event jointly with Venture Catalysts, India’s #1 and World’s #3...

Qatar one of world’s most attractive investment destinations: Official 08 Jul 2022 - 10:45 am

Doha: The US-Qatar Business Council (USQBC) hosted a Business Lunch on June 29 on the sidelines of the SelectUSA Investment Summit 2022. The...

QFC appoints two Qataris to key leadership positions 08 Jul 2022 - 10:42 am

Doha: Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has announced the appointment of Yousef Fakhroo as...