Business

International Islamic Liquidity Management Corporation issues $1.06bn sukuk 12 Aug 2020 - 09:21 am

The Kuala Lumpur-based International Islamic Liquidity Management Corporation (IILM) yesterday successfully conducted an auction for a total issuance of $1.06bn short-term A-1 rated...

Doha startups explore new options to remain resilient during pandemic 12 Aug 2020 - 09:12 am

Like other businesses elsewhere, a number of startups in Qatar have remained resilient during the COVID-19 pandemic by exploring new options, mostly related...

PPI of industrial sector up by 7.6% in June 11 Aug 2020 - 09:09 am

The overall monthly Producer Price Index of Industrial Sector Index (PPI) for June, 2020 was estimated at 36.8 points showing an increase of...

65 Qatari cargoes delivered 6.7MT of LNG to UK in 2019 11 Aug 2020 - 09:09 am

Qatar, which retained its position as the world’s top liquefied natural gas (LNG) exporter in 2019, also emerged as the single largest LNG...

QIB rewards cardholders with additional Absher points 11 Aug 2020 - 09:07 am

Qatar Islamic Bank (QIB) has announced a seasonal offer to reward its customers on summer and back to school purchases performed through the...

AAB offers line-up of Toyota sedans with innovative technology and hybrid engines 11 Aug 2020 - 09:02 am

Toyota has a number of Sedans that suits the need of all customers. Toyota Sedan ,expertly-designed aerodynamic body shapes, legendary reliability, and innovative...

Vodafone announces pre-orders for Samsung Galaxy Note20 and Galaxy Note20 Ultra smartphones 11 Aug 2020 - 08:59 am

Vodafone Qatar announced yesterday that it has opened preorders for the all-new Samsung Galaxy Note20 and Galaxy Note20 Ultra. The Galaxy Note20 and...

High debt-to-GDP ratio could strain region’s sovereign ratings: S&P 09 Aug 2020 - 09:05 am

The fallout of the pandemic on domestic demand and international trade will raise the Middle East governments’ debt to GDP ratio at a...

QCSD registers T-Bills worth QR600m issued by QCB in July 07 Aug 2020 - 03:51 am

Qatar Central Securities Depository (QCSD) said yesterday that it registered QR600m treasury bills (T-Bill) issued by Qatar Central Bank (QCB) in July. QCSD...

Commercial Bank wins coveted 'Innovation in Digital Banking' award 07 Aug 2020 - 03:48 am

Commercial Bank has been awarded The Banker Award for “Innovation in Digital Banking” in the Middle East 2020 in recognition of its leading...

Microsoft expands TikTok takeover ambitions to entire global business - FT 06 Aug 2020 - 07:14 pm

Microsoft Corp is chasing a deal to buy all of TikTok's global business the Financial Times reported on Thursday, citing five people with...

GCC equity markets mostly positive in 2Q20 06 Aug 2020 - 09:04 am

GCC equity markets staged a strong recovery in the latter part of 2Q20, reversing a large part of the prior losses induced by...

Beirut explosion destroys tonnes of Lebanon’s food stocks 06 Aug 2020 - 08:59 am

The huge explosion in Lebanon’s capital of Beirut tore through major grain silos, stoking fears of shortages in a nation that imports nearly...

Mideast Islamic banks, investors urged to expand operations to Philippine market 06 Aug 2020 - 08:51 am

Doha: Islamic banks and investors from the Middle East have been urged to expand their operations into the Philippines which is currently seeing...

BMW records first quarterly loss since 2009 on virus impact 05 Aug 2020 - 09:58 am

BMW AG’s loss-making automotive division dragged the company into the red for the first time in more than a decade, rounding out a...

Tencent in talks to create $10 billion streaming giant 05 Aug 2020 - 09:55 am

Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the...