Business

QSE general index drops 0.32 percent 15 Aug 2023 - 05:56 pm

Doha, Qatar:The general index of the Qatar Stock Exchange (QSE) closed today's trading down by 34.69 points, or by 0.32 percent, to the...

Tesla rolls out new base model S and X for $10,000 less 15 Aug 2023 - 05:47 pm

Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000...

Mercedes targets luxury buyers in Malaysian all-ev push 15 Aug 2023 - 12:29 pm

Luxury carmaker Mercedes-Benz Group AG is targeting Malaysia as one of the markets where it will have an all-electric lineup by 2030, after...

China stops releasing youth jobs data as economic figures disappoint 15 Aug 2023 - 09:42 am

Beijing, China: China said it would stop publishing data on its rising youth unemployment rate on Tuesday, as it released a raft of...

Middle Eastern investors spark $120bn surge 15 Aug 2023 - 08:39 am

Doha, Qatar:Knight Frank MENA, a leading global real estate consultancy, unveiled the 'Africa Horizons 2023/24 Report', a comprehensive analysis showcasing Africa’s remarkable post-pandemic...

QLM reports net profit of QR46.7m in first half of 2023 15 Aug 2023 - 08:27 am

Doha, Qatar:Qatar’s leading life and medical insurer, QLM Life & Medical Insurance Company QPSC (QSE: QLMI), yesterday announced its H1 2023 results. The...

WOQOD extends Petroleum Products Sale & Purchase Agreement with QatarEnergy 15 Aug 2023 - 08:26 am

Doha, Qatar:Qatar Fuel Company (hereinafter referred to as “WOQOD” ‎or “WOQOD Group” or “the Group”, with the code name “QFLS” on Qatar Stock...

TotalEnergies Qatar: Empowering youth through knowledge-sharing initiatives 15 Aug 2023 - 08:23 am

Doha, Qatar:In recent months, TotalEnergies Qatar has continued to underscore its commitment to empowering youth through various engaging and educational events, focusing on...

Al Dar For Exchange Works achieves major cost savings with OCI 15 Aug 2023 - 08:21 am

Doha, Qatar:Al Dar For Exchange Works, a leading remittance and money exchange company in Qatar, has announced that it has migrated its core...

Mannai Corporation reports QR469m gross profit on consolidated revenue of QR2.6bn in first half of 2023 15 Aug 2023 - 08:14 am

Doha, Qatar:Mannai Corporation QPSC (Qatar Exchange: MCCS), yesterday announced its first half year results for the period ended June 30, 2023. In the...

QIC Group net profit jumps 181% to QR325m in H1 15 Aug 2023 - 08:12 am

Doha, Qatar:Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported Net...

QCB: Value of online payments reaches QR2.75bn in July 15 Aug 2023 - 08:10 am

Doha, Qatar:Qatar Central Bank (QCB) data revealed that the volume of online payment transactions during the month of July reached 4.24 million, with...

Bankers hate saying ‘ESG’ but are hardwiring it into finance 14 Aug 2023 - 07:29 pm

Bankers, money managers and other financial market participants are starting to loathe the label "ESG” - but they’re also sticking with the strategy,...

Russia's currency hits lowest level since early weeks of war in Ukraine 14 Aug 2023 - 06:10 pm

LONDON: The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending...

Estithmar Holding announces that its subsidiary Elegancia Healthcare has established a branch in Iraq 14 Aug 2023 - 02:51 pm

Estithmar Holding Q.P.S.C. announced that its subsidiary “Elegancia Healthcare W.L.L.” has established a branch of its company in Iraq, as part of the...

Mastercard to buy stake in MTN’s $5.2 billion fintech unit 14 Aug 2023 - 12:08 pm

MTN Group Ltd., Africa’s biggest wireless carrier, said Mastercard Inc. agreed to take a minority stake in its financial-technology business, which the company...

QSE index closes 0.39 percent higher 14 Aug 2023 - 08:39 am

Doha, Qatar:The Qatar Stock Exchange (QSE) general index yesterday closed at 10,777.99 points. QSE showed an increase of 42.36 points, or 0.39 percent....

634 building permits issued in July 2023 14 Aug 2023 - 08:36 am

Doha, Qatar:Planning and Statistics Authority (PSA) said yesterday that 634 building permits had been issued during the month of July in various municipalities...