Business

Barwa Real Estate Group posts QR190m net profit for Q1 21 Apr 2021 - 09:28 am

Barwa Real Estate Group, the leading real estate and investment company in Qatar and the region, announced yesterday that the company attained a...

Oil hits $68 on Libya force majeure, although pandemic surge weighs 20 Apr 2021 - 11:39 am

London: Oil rose to $68 a barrel and hit its highest in a month on Tuesday, supported by a disruption to Libyan exports...

Qatar poised to be global sports law hub: Expert 20 Apr 2021 - 10:49 am

Qatar can develop a leading role in international sports law and regulation to complement an impressive record of hosting major sports events. The...

Doha Bank wins ‘Best Digital Wallet App’, ‘Banking CEO of the Year’ awards 20 Apr 2021 - 10:42 am

Doha Bank has won the ‘Best Digital Wallet App Qatar 2021 Award’, while Doha Bank CEO Dr. Raghavan Seetharaman was honoured with the...

Qatar’s IPI decreases by 7.3% in February 2021 20 Apr 2021 - 10:40 am

Qatar’s Industrial Production index (IPI) for February 2021 stood at 99.3 points, showing a decrease of 7.3 percent compared to the previous month...

Nebras Power to acquire 24% stake in UMPL in Bangladesh 20 Apr 2021 - 10:31 am

Nebras Power Investment Management (NPIM), a wholly owned Netherland affiliate of Nebras Power (Nebras) has signed a Sale & Purchase Agreement (SPA) with...

QE Index increases over 150 points, surpasses 10900 level 20 Apr 2021 - 10:29 am

The Qatar Stock Exchange (QE) Index soared 159.73 points yesterday. The QE Index surged to 1.48 percent to close at 10,920.69 points, yesterday,...

Realty deals surge 45% to QR2.57bn in March 20 Apr 2021 - 10:23 am

After witnessing a lull in action in the first two months of the year, Qatar’s real estate sector has made an impressive comeback...

Masraf Al Rayan reports QR575m net profit for Q1 20 Apr 2021 - 10:21 am

Masraf Al Rayan announced yesterday net profit of QR575m for the quarter ended March 31 2021, an increase of 5.1 percent compared to...

Danske Bank CEO quits after being named a suspect in Dutch probe into ABN AMRO 19 Apr 2021 - 11:14 am

COPENHAGEN - The chief executive of Denmark's Danske Bank resigned on Monday after Dutch authorities named him as a suspect in an investigation...

AAB launches ‘Celebrate Ramadan with Toyota’ campaign 19 Apr 2021 - 11:01 am

Abdullah Abdulghani & Bros. Co. (AAB), the sole agent for Toyota vehicles in Qatar, has launched its Ramadan promotion under the theme “Celebrate...

QIB announces first Lexus LX 570 winner 19 Apr 2021 - 10:37 am

Qatar Islamic Bank (QIB) has announced the first Winner of the Lexus LX 570 as part of the Bank’s ongoing Salary Transfer offer,...

Global Carbon Council in Qatar receives approval under ICAO's CORSIA 19 Apr 2021 - 10:29 am

Qatar-based Global Carbon Council (GCC), an initiative of Gulf Organisation for Research & Development (GORD) and the first and only global voluntary greenhouse...

IQ plans QR3.2bn capex for fertilizers segment in 5 years 19 Apr 2021 - 10:10 am

Industries Qatar (IQ), one of the region’s industrial giants with holdings in petrochemicals, fertilizer and steel producers, plans to invest around QR3.2bn as...

Nakilat reports QR320.1m profit for first quarter 19 Apr 2021 - 10:02 am

Nakilat announced yesterday net profit of QR320.1m for the first quarter ended March 31, 2021 compared to QR279.5m during the same period in...

Operations of first Qatari owned offshore stimulation vessel commences 19 Apr 2021 - 09:57 am

Milaha and Schlumberger held a virtual event to mark the commencement of operations of the first Qatari owned offshore well stimulation vessel Halul-48,...

Asian LNG prices rise as China replenishes inventories 18 Apr 2021 - 10:04 am

Oil settled modestly lower on Friday but secured a weekly gain on a stronger demand outlook and signs of economic recovery in China...

Strong US employment data point to a rapid economic recovery: QNB report 18 Apr 2021 - 09:55 am

The US economic recovery continues to “shock and awe” investors and macroeconomists. After a sudden, COVID-19-related economic collapse in Q2 2020, US activity...