Business / Qatar Business

QSE index surges over 200 points, shares bounce-back 27 Jul 2023 - 08:51 am

Doha, Qatar:Shares in Qatar’s stock market witnessed a notable bounce-bank as the Qatar Stock Exchange (QSE) index surged 229.02 points or 2.17 percent,...

QCB hikes rates by 25 basis points 27 Jul 2023 - 08:50 am

Doha, Qatar: The Qatar Central Bank announced yesterday that it raised the QCB deposit rate (QCBDR) by 25 basis points, to 5.75 percent....

UDC records QR189m net profit, QR881m revenues for first half 27 Jul 2023 - 08:47 am

Doha, Qatar:United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands announced its...

GWC posts 9% growth in first half revenues 26 Jul 2023 - 08:51 am

Doha, Qatar:Gulf Warehousing Company Q.P.S.C. (GWC) announced the results for the first half of 2023, realising a total 9 percent revenues’ growth YoY...

Qatar registers surge in sale of properties 26 Jul 2023 - 08:50 am

Doha, Qatar:Qatar’s real estate sector saw growth in May this year as the number of properties sold witnessed rise. The total number of...

QIIB net profit rises 7.7% to QR615m in H1 26 Jul 2023 - 08:47 am

Doha, Qatar:Chairman of QIIB Board of Directors, Sheikh Abdullah bin Thani bin Abdullah Al Thani announced QIIB’s financial results for the first half...

Ooredoo, Zain and TASC Towers Holding enter exclusive negotiations to create an independent tower company comprising up to 30,000 towers 25 Jul 2023 - 09:22 pm

Doha, Qatar: Independent operating model will enhance shareholder value, and enhance the operational and carbon efficiency of passive tower infrastructure supporting the reduction...

Mannai Microsoft Solutions, Wizard Cyber forge strategic partnership 25 Jul 2023 - 08:22 am

Doha, Qatar:Mannai - Microsoft Solutions, an ICT division of Mannai Trading Company WLL and a leading Microsoft Solutions provider in Qatar, is thrilled...

QSE index rises by 0.02 percent 25 Jul 2023 - 08:21 am

Doha, Qatar:The general index of the Qatar Stock Exchange (QSE) ended today’s trading, up by 2.13 points, or by 0.02 percent, to reach...

Qatar Central Bank Governor meets Saudi counterpart 25 Jul 2023 - 08:15 am

Governor of Qatar Central Bank (QCB) H E Sheikh Bandar bin Mohammed bin Saoud Al Thani met yesterday with Governor of the Saudi...

Aamal net profit up 6.6% to QR166.8m in H1, 2023 25 Jul 2023 - 08:08 am

Doha, Qatar:The Board of Directors of Aamal Company Q.P.S.C. (“Aamal”), one of the region’s leading diversified companies, today announces its financial results for...

Estithmar Extraordinary General Assembly approves issuing 50% of capital 24 Jul 2023 - 07:34 pm

The Extraordinary General Assembly of Estithmar Holding approved to issue 50% of its capitalas follows: 10% subscription rights, and 40% private placement and/or...

MCIT invites individuals, institutions to apply for WSA 2023 competition 24 Jul 2023 - 09:12 am

Doha, Qatar:Ministry of Communications and Information Technology (MCIT) announced that registration is now open for individuals, companies, and local institutions who wish to...

Barwa Real Estate announces agreement to sell two land plots in Lusail 24 Jul 2023 - 09:01 am

Doha, Qatar: Barwa Real Estate announces that Lusail Golf Development Company, fully owned by the Barwa Group, has reached an agreement to sell...

UDC Tower wins Green Apple Environment Award 24 Jul 2023 - 08:56 am

Doha, Qatar: United Development Company (UDC), the master developer of The Pearl Island and Gewan Island, has announced that its headquarters UDC Tower...

‘Qatar-US commercial ties vital for economic development’ 24 Jul 2023 - 08:23 am

Doha, Qatar:Strategic partnerships between Qatar and the US firms are significant to revatilise the economy, remarked an official. “I think the commercial ties...

Major central banks in a ‘hawkish’ mission to regain credibility 23 Jul 2023 - 08:26 am

Doha, Qatar: Every summer, the European Central Bank (ECB) organises a coveted monetary policy forum in Sintra, Portugal. The event is one of...

Qatar’s financial assistance reinforces progress on SDGs 23 Jul 2023 - 08:22 am

Doha, Qatar:Qatar’s commitment to sustainable development is poised to advance progress on the United Nations Sustainable Development Goals (SDGs) both domestically and internationally....