Business

QSE index closes at 9,490.14 points 28 Feb 2020 - 12:00 am

DOHA: Qatar Stock Exchange’s (QSE) benchmark index lost 443.96 points, or 4.47 percent, last week when the bourse closed yesterday at 9,490.14 points....

Carney, Lagarde tell finance to get serious about climate change 27 Feb 2020 - 11:11 pm

Mark Carney and Christine Lagarde are once again pushing investors to take the climate crisis seriously and ensure they’re considering the risks from...

UK electricity firm Drax to stop burning coal 27 Feb 2020 - 05:23 pm

London: British electricity generation company Drax revealed Thursday that it will stop using coal next year, four years ahead of the UK government's...

ASSETS announces completion of its iconic Baywalk Tower 27 Feb 2020 - 09:30 am

Doha: ASSETS Real Estate Development yesterday announced that Baywalk Tower in the prestigious district of Viva Bahriya in The Pearl-Qatar has been officially...

Portland wins PRCA City and Financial Award on Baladna IPO 27 Feb 2020 - 09:25 am

Doha: Strategic communications agency Portland has won the PRCA 2020 ‘Best IPO’ campaign award for its support to Baladna’s IPO on the Qatar...

QIB named Qatar’s ‘Best Digital Bank’, awarded ‘Best Mobile Banking App’ 27 Feb 2020 - 08:52 am

Doha: Qatar Islamic Bank (QIB) has been recognized as the “Digital Bank of the Year” in Qatar by The Asset Triple A, organised...

Qatar-Canada trade volume rises by 35% to $249.7m 27 Feb 2020 - 08:52 am

Doha: Total trade volume between Qatar and Canada has increased by 35 percent to $249.7m (CAD$331.7m) in 2019 compared to 2018, making Qatar...

Ahlibank to launch digital wallet this year 27 Feb 2020 - 08:49 am

Ahlibank is set to launch E-Wallet, a contactless digital mobile payment system, by the end of second quarter of this year, announced the...

West Bay, Al Sadd outperform in open plan office market by controlling 40% of demand 27 Feb 2020 - 08:47 am

Doha: A growing demand have been monitored for open plan offices and units, and the most- sought after regions are West Bay and...

Qatargas participates in International Gas Research Conference in Muscat 27 Feb 2020 - 08:33 am

Doha: Qatargas Operating Company Limited (Qatargas) recently participated in the International Gas Research Conference 2020 (IGRC 2020), which was held on 24-26 February,...

Qatar Finance and Business Academy launches Zakat Accounting Certification Program 27 Feb 2020 - 08:26 am

Doha: Qatar Finance and Business Academy (QFBA) launched a new Zakat Accounting Certification Program, the first of its kind in Qatar to empower...

Doha Islamic Finance Conference calls for developing dedicated ‘Islamic capital market’ 27 Feb 2020 - 08:21 am

Doha: The 6th Doha Islamic Finance Conference concluded Tuesday with a call for a strong coordination between various Islamic finance entities, universities and...

Google pledges new $10 bn investment in US in 2020 26 Feb 2020 - 11:34 pm

San Francisco: Google said Wednesday it would invest more than $10 billion in US offices and data centers in 2020, including its new...

South Africa raises bailout for stricken airline to $1.1 billion 26 Feb 2020 - 07:58 pm

South Africa almost doubled the level of funding for the national airline to 16.4 billion rand ($1.1 billion), cash that will go toward...

South Africa to establish $2 billion sovereign wealth fund 26 Feb 2020 - 06:42 pm

South Africa will use money from the sale of broadband spectrum and mining royalties to establish a 30 billion-rand ($2 billion) sovereign wealth...

Al Kaabi holds talks with visiting US Secretary of the Treasury 26 Feb 2020 - 01:10 am

DOHA: H E Saad bin Sherida Al Kaabi, the Minister of State for Energy Affairs, held talks in Doha with Steven Mnuchin, the...

Beema to distribute 10% dividends to its shareholders 26 Feb 2020 - 01:10 am

The Board of Directors of Damaan Islamic Insurance Company (Beema) has recommended for dividends distribution to shareholders at 10 percent of the nominal...