Business

QSE listed firms’ profit surge 26% in Q1 29 Apr 2022 - 09:34 am

Companies listed in the Qatar Stock Exchange have ended the first quarter of the year on positive note by registering a robust increase...

Masraf Al Rayan’s AGM approves 17% cash dividend 29 Apr 2022 - 09:27 am

Masraf Al Rayan Q.P.S.C. (MAR) held the Annual General Meeting (AGM) and the Extraordinary General Meeting (EGM) of shareholders on Wednesday. At the...

India to launch open e-commerce network to take on Amazon, Walmart 28 Apr 2022 - 08:05 pm

NEW DELHI- India will on Friday launch an open network for digital commerce (ONDC) as the government tries to end the dominance of...

Mastercard profit jumps as cross- border travel exceeds pre-pandemic levels 28 Apr 2022 - 06:26 pm

Mastercard Inc on Thursday reported a 49% jump in first-quarter profit as cross-border travel surpassed 2019 levels for the first time since the...

QatarEnergy and partners conclude agreements marking entry into Brazil’s Sépia Field 28 Apr 2022 - 06:07 pm

Doha: A QatarEnergy consortium has entered into a production sharing agreement with the Brazilian government related to surplus volume rights of the world...

QatarEnergy awards final major North Field East Project EPC contract 28 Apr 2022 - 05:07 pm

Doha: Marking the final major milestone to deliver its North Field East (NFE) LNG Expansion Project to boost Qatar’s LNG production capacity to...

Aamal’s net profit up 8.4% to QR73.6m in first quarter 28 Apr 2022 - 09:39 am

Aamal Company (Aamal), one of the region’s leading diversified companies, yesterday announced its financial results for the first quarter ended March 31, 2022,...

GIS posts QR83m net profit for Q1 2022 28 Apr 2022 - 09:38 am

Gulf International Services (GIS) yesterday reported a net profit of QR83m for the three-month period ended March 31, 2022, with an earnings per...

QIB announces working hours during Eid Al Fitr 28 Apr 2022 - 09:36 am

Qatar Islamic Bank (QIB) extends its greetings to its customers and the Qatari community on the advent of Eid Al Fitr and announces...

Microsoft, Alphabet see revenue increase in first quarter 28 Apr 2022 - 09:12 am

US-based multinational technology firms Microsoft and Alphabet posted strong revenue rises in the first quarter of 2022. Washington-based Microsoft saw a total revenue...

TotalEnergies starts pullback from Russia 28 Apr 2022 - 09:11 am

TotalEnergies SE took a $4.1bn writedown on its flagship Russian gas project and indicated that it may belatedly join its peers in pulling...

Investment and Trade Court meets modern international standards 28 Apr 2022 - 09:09 am

President of the Investment and Trade Court Judge Khalid bin Ali Al Obaidly has underlined that the Court, whose establishment law was issued...

QIC Group to expand its footprint in MENA direct insurance 28 Apr 2022 - 09:09 am

Qatar Insurance Company Q.S.P.C. (QIC) is a market leader in Qatar and a dominant insurer in the GCC and MENA region. QIC Group,...

Qatar’s trade surplus surges 97.8% in March 28 Apr 2022 - 09:08 am

Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR26.7bn almost in March 2022,...

Ooredoo Group reports QR5.5bn revenue for Q1 28 Apr 2022 - 09:05 am

Ooredoo Group announced yesterday revenue of QR5.5bn for the quarter ended 31 March 2022, a decrease of 23 percent compared to the same...

Commercial banks deposits rise to QR964bn in February 28 Apr 2022 - 09:03 am

The banking sector in Qatar demonstrated resilience and has registered growth in February. Qatar’s commercial banks have witnessed an increase in deposits and...

Qatar chairs meeting of WTO Committee on Anti-dumping Practices in International Trade 28 Apr 2022 - 09:01 am

The State of Qatar chaired the meeting of the World Trade Organization Committee on Anti-Dumping Practices in International Trade, which was held today...