Business

Online toy sales surge in Qatar amid pandemic 18 Jan 2021 - 08:23 am

Online toy purchases in Qatar have surged amid the ongoing COVID-19 pandemic, especially during the stay-at-home orders last year when parents were most...

QIB net profit rises to QR3.07bn in 2020 18 Jan 2021 - 08:19 am

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

Asian LNG spot prices reach record 17 Jan 2021 - 08:30 am

Doha: Oil prices fell more than 2 percent on Friday, as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a...

HSBC MENAT eyes growth as GDP and trade rebound 17 Jan 2021 - 08:25 am

Doha: HSBC has ambitious plans for growth in its business in the Middle East, North Africa and Turkey (MENAT), where a rebound in...

Democratic control of Senate likely to lead to stronger fiscal stimulus 17 Jan 2021 - 08:21 am

Doha: Democratic victories in both special elections in Georgia on January 5 have gifted US President-elect Joe Biden control of the Senate -...

S&P Global reassigns rating of ‘A- with Stable Outlook’ for QLM 17 Jan 2021 - 08:19 am

Doha: Subsequent to the successful listing of QLM Life and Medical Insurance Company’s (QLM) stock at the Qatar Stock Exchange followed by withdrawal...

QR5.43bn realty deals in December 17 Jan 2021 - 08:10 am

The real estate sector of Qatar has ended the year on an impressive note as the value of deals signed during December surged...

After long journey, Fiat Chrysler and PSA seal merger to become Stellantis 16 Jan 2021 - 03:27 pm

Milan: Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets...

Failed French supermarket deal unlikely to dampen ambitions of Canada's Bouchard 16 Jan 2021 - 03:20 pm

MONTREAL/QUEBEC CITY: Political opposition that killed Canadian convenience store operator Alimentation Couche-Tard's $20 billion bid for French retailer Carrefour on Friday is unlikely...

Wells Fargo 4Q profit rose 4%, tops Street estimates 15 Jan 2021 - 05:08 pm

SILVER SPRING, Md.: Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year...

QE Index soars over 200 points last week 15 Jan 2021 - 09:43 am

Shares had a good run last week with Qatar Stock Exchange (QE) Index soared around 235 points or 2.2 percent in the past...

Uniqlo owner Fast Retailing's operating profit beats pre-pandemic level 14 Jan 2021 - 04:57 pm

TOKYO: The owner of Japanese clothing chain Uniqlo said on Thursday its quarterly operating profit beat pre-pandemic levels, boosted by China's resurgence and...

QSE Venture Market to be operational this year: Official 14 Jan 2021 - 09:50 am

The Venture Market of the Qatar Stock Exchange for small and medium-sized companies is expected to come into operation this year. The market...

QIB ranked Third Strongest Islamic Bank in World 14 Jan 2021 - 09:49 am

The Asian Banker Magazine has ranked Qatar Islamic Bank (QIB) as the ‘Third Strongest Islamic Bank in the World’ and ‘Eighth Strongest Bank...

Qatar FinTech Hub to host first Demo Day 14 Jan 2021 - 09:43 am

The Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) and established to support the growth of the FinTech industry in Qatar,...

Vodafone invests in developing Qatari talent 14 Jan 2021 - 09:40 am

Vodafone Qatar has concluded its hybrid Internship Programme and Telecoms Mini-MBA 2020 as part of the company’s continued commitment to developing the talents...

QIIB conducts mock evacuation at its headquarters 14 Jan 2021 - 09:39 am

In line with the Bank’s plans to respond to emergency situations and incidents and the security and safety standards adopted by the State...

Qatar’s CPI edges up in December 14 Jan 2021 - 09:36 am

Qatar’s Consumer Price Index (CPI) witnessed a marginal increase of 0.02 percent in December compared to previous month (November 2020), reaching at 95.93...