Business

Ahlibank announces winners of ‘Transfer Your Salary and Save’ campaign 17 Jan 2022 - 08:11 am

Doha: Ahlibank, a leading Qatari owned financial institution, has announced the winners of its ‘Transfer Your Salary and Save’ campaign. This campaign was...

Qatar set to be 9th Mena country to complete latest FATF assessment: Official 17 Jan 2022 - 08:07 am

Qatar which is currently undergoing the fourth round of mutual evaluation and assessment by the Financial Action Task Force (FATF) is set to...

QIB profit grows 16% to reach QR3,555m in 2021 17 Jan 2022 - 08:00 am

Doha: Chairman of Qatar Islamic Bank (QIB) Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani has announced that QIB has achieved...

Qatar’s private sector exports rise 85% in Oct 17 Jan 2022 - 07:52 am

Doha: Qatar’s private sector exports in October, as per certificates of origin issued by Qatar Chamber, amounted to QR2.3bn, showing a year-to-year increase...

Qatar’s CPI edges up in December 16 Jan 2022 - 08:42 am

Doha: Qatar’s Consumer Price Index (CPI) witnessed a marginal increase of 0.65 percent in December compared to the previous month (November 2021), reaching...

Doha Bank announces successful inaugural transaction in Swiss market 16 Jan 2022 - 08:41 am

Doha: Doha Bank QPSC announced the successful inaugural transaction in the Swiss market on Thursday (January 13, 2022). Doha Bank closed the 2-year...

Oil prices rise despite possible China reserves release 16 Jan 2022 - 08:39 am

Doha: Oil futures settled higher on Friday, boosted by supply constraints and worries of a Russian attack on neighbouring Ukraine, pushing prices toward...

Qatar Chamber completes over 59,600 electronic transactions last year 16 Jan 2022 - 08:33 am

Qatar Chamber has continued its efforts to support and develop the private sector and provide its services to the Qatari business community, despite...

Ahli Bank posts QR713m net profit for 2021 16 Jan 2022 - 08:23 am

Doha: Ahli Bank PJSC (ABQK) has announced a net profit of QR713m for the year ended 2021 compared to QR680m for 2020. Commenting...

Omicron is a limited and temporary headwind for global economy: Qatar National Bank 15 Jan 2022 - 08:26 pm

Doha: More than two years since Covid-19 was first discovered, the global economy is shrugging off a new wave of the pandemic. Over...

Bitcoin options shift has some bulls calling $40,000 the bottom 15 Jan 2022 - 07:28 pm

Investors searching for clues as to where Bitcoin is headed next may want to take a look at what the options market is...

GSK rejected $68 billion Unilever bid for consumer ops: Times 15 Jan 2022 - 01:39 pm

GlaxoSmithKline PLC rejected an unsolicited offer from Unilever PLC valuing its consumer goods business at about 50 billion pounds ($68.4 billion), the Times...

QSE stocks soar as bull run continues 14 Jan 2022 - 10:01 am

Stocks in the Qatar Stock Exchange (QSE) have continued their bull run in the second week of 2022. The QE Index jumped 155...

M&S nudges up outlook after strong Christmas 13 Jan 2022 - 03:28 pm

LONDON: British retailer Marks & Spencer on Thursday nudged up its profit outlook after it reported a strong Christmas performance, particularly in food,...

LIC to open India's biggest IPO issue by mid-March: sources 13 Jan 2022 - 03:01 pm

Mumbai: Life Insurance Corporation (LIC), India's largest insurer, could publish key details of its mammoth initial public offering (IPO) this month and begin...

Pakistan's central bank tells court cryptocurrency should be banned 13 Jan 2022 - 02:49 pm

Karachi: Pakistan's central bank has recommended banning cryptocurrency, arguing in documents submitted in an ongoing court case that allowing it would cause capital...

Europe gas crisis hinges on cold, high prices luring supply 13 Jan 2022 - 02:30 pm

Frankfurt, Germany: Europe’s natural gas crisis isn't letting up. Reserves are low. Prices are high. Utility customers are getting hit with higher bills....

QC is member of committee to develop FGCC Chambers 13 Jan 2022 - 08:31 am

Doha: Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al Thani presided over the Chamber’s delegation participating in a meeting of the Federation...