Business / Qatar Business

QIB named Qatar’s Digital Bank of the Year, gets Best Retail Mobile Banking Experience award 02 May 2021 - 10:13 am

Qatar Islamic Bank (QIB) was recognized as the ‘Digital Bank of the Year’ and ‘Best Retail Mobile Banking Experience’ in Qatar at The...

IMF has again upgraded its outlook for global economy: QNB report 02 May 2021 - 10:05 am

One year since the start of the global COVID-19 pandemic, the global economy remains under pressure as the human toll rises and millions...

Qatari banks see growth in asset base: KPMG 02 May 2021 - 09:58 am

Qatar’s listed banks have witnessed growth in their asset base despite financial uncertainty due to COVID-19 pandemic, noted a report by released by...

Growing energy transition to drive energy sector 02 May 2021 - 09:53 am

The next generation of talent leading into the energy industry has a completely new mindset that leans towards renewable energy, climate activities and...

Japan top destination of Qatari exports in Q1 02 May 2021 - 09:34 am

The exports from Qatar have witnessed consistent growth during the first quarter of the current year. Japan has secured top spot in terms...

Global Energy Association President to deliver GECF lecture on May 3 01 May 2021 - 08:11 am

Doha: Qatar-based Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, will be hosting the next in its...

Land lot sales generate QR258m in weekly realty activity: Ezdan Real Estate Report 01 May 2021 - 08:11 am

Doha: Qatar’s weekly property market from April 19-22 has witnessed a tight grip by land lot sales where they generated up to QR258.2m,...

QSE launches final stage of financial education competition 30 Apr 2021 - 09:35 am

Qatar Stock Exchange (QSE) organized the final stage of its second annual financial education competition, which was held remotely due to the precautionary...

GIS reports revenue of QR705m for Q1 30 Apr 2021 - 09:29 am

Gulf International Services (GIS or the Group), yesterday reported a net loss of QR5.5m for three-month period ended March 31, 2021. Group’s revenue...

Moody’s affirms ratings of Masraf Al Rayan 29 Apr 2021 - 12:17 pm

Moody’s Investors Service (Moody’s) yesterday affirmed the long-term and short-term issuer ratings of Masraf Al Rayan (Masraf) at A1/P-1. At the same time,...

Vodafone opens pre-orders for new purple iPhone 12 and iPhone 12 mini on Friday 29 Apr 2021 - 12:12 pm

Vodafone Qatar announced that it will open pre-orders for the reimagined iPhone 12 and iPhone 12 mini in a beautiful new purple finish,...

UDC receives International Safety Award with distinction for The Pearl-Qatar and Gewan Island 29 Apr 2021 - 12:08 pm

United Development Company (UDC), a leading Qatari public shareholding company and master developer of The PearlQatar and Gewan Island, has received the International...

Qatari Fintech startup ‘SkipCash’ secures QR7m seed round 29 Apr 2021 - 11:46 am

Qatar’s mobile payment company, SkipCash, announced closing QAR 7 million (USD 1.92mn) seed round funding from private Qatari investors. SkipCash is on track...

QEWC achieves net profit of QR372m in Q1 29 Apr 2021 - 11:43 am

Qatar Electricity and Water Company Q.P.S.C. (QEWC) announced yesterday net profit of QR372m in the first quarter (Q1) of 2021, compared to QR320m...

Doha Bank net profit rises 17.3% to QR380m in first quarter 29 Apr 2021 - 11:39 am

Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of the Board of Directors of D o h a B a n k...

Qamco net profit increases 1000% to QR124m in Q1 29 Apr 2021 - 11:35 am

Qatar Aluminium Manufacturing Company (Qamco) yesterday reported a net profit of QR124m for the first quarter (Q1 2021), an increase of over 1,000...

Ooredoo Group announces QR193m net profit in Q1 29 Apr 2021 - 11:32 am

Ooredoo Group announced yesterday that net profit attributable to Ooredoo shareholders decreased by 50 percent yearon-year to QR193m in the first quarter (Q1)...