Business

Nakilat net profit rises by 11.5% to QR1bn for third quarter of 2021 18 Oct 2021 - 08:56 am

Doha: Nakilat announced its financial results for the third quarter ended September 30, 2021, reporting a net profit of QR1bn, an 11.5 percent...

QIB posts QR2.52bn net profit for nine months 18 Oct 2021 - 08:47 am

Doha: Qatar Islamic Bank (QIB) has announced the results for the nine months’ period ended September 30, 2021. Net Profit attributable to the...

Qatar Chamber to shift headquarters to Commercial Boulevard in Lusail City 17 Oct 2021 - 06:16 pm

Doha: Qatar Chamber (QC) signed an agreement with Qatari Diar Real Estate Investment Company today for purchasing a new building for its headquarters...

Qatargas starts construction of four new LNG mega-trains 17 Oct 2021 - 03:35 pm

Qatargas has started building four new liquefied natural gas mega-trains that will lift its production capacity to 110 mt/year from 77 mt/year, the...

QFZA, US Congress delegation discuss bilateral cooperation in investment and trade 17 Oct 2021 - 09:29 am

Doha: Minister of State and Chairman of Qatar Free Zones Authority H E Ahmad Al Sayed received a US Congress delegation in the...

Qatari delegation takes part in World Bank Group, IMF meetings 17 Oct 2021 - 09:08 am

Doha: Minister of Commerce and Industry and Acting Minister of Finance H E Ali bin Ahmed Al Kuwari is leading the Qatari delegation...

Qetaifan’s ‘Icon Tower’ vies for two Guinness World Records 17 Oct 2021 - 09:02 am

Qetaifan Island North’s 85m “Icon Tower”, which is said to be the world’s highest tower of its kind, is vying for two Guinness...

Minister Al Kuwari meets Turkish Finance Minister 17 Oct 2021 - 08:58 am

Minister of Commerce and Industry and Acting Minister of Finance H E Ali bin Ahmed Al Kuwari yesterday met with the Minister of...

Qatar’s real estate leaders, developers under one roof at Cityscape from today 17 Oct 2021 - 08:23 am

Doha: Cityscape Qatar, the country’s most prestigious and influential real estate investment, development, and networking exhibition, will open its doors today at 12...

Oil prices rise to three-year high on back of supply deficit forecasts: Al Attiyah Foundation 17 Oct 2021 - 08:21 am

Doha: Oil prices settled at a three-year high above $80 a barrel on Friday, boosted by forecasts of a supply deficit in the...

‘Fiscal drag’ a major headwind for G-7 countries’ growth in 2022 17 Oct 2021 - 08:11 am

Doha: Last year, as the COVID-19 pandemic disrupted activity across the globe, governments and central bank officers came to mitigate the economic impact...

Mukesh Ambani’s Reliance buys stake in Bollywood fashion house 16 Oct 2021 - 01:41 pm

Indian tycoon Mukesh Ambani bought a stake in a high-end fashion brand, run by a stylist to some of Bollywood’s biggest stars, as...

Oil rises on expectation of high natural gas prices 15 Oct 2021 - 10:05 am

Washington: Oil prices rose yesterday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a switch to...

Volume of real estate trading last week crosses QR369m 15 Oct 2021 - 10:00 am

DOHA: The volume of real estate trading in sales contracts registered by the Real Estate Registration Department at the Ministry of Justice during...

QE Index rises over 100 points during last week 15 Oct 2021 - 09:59 am

Qatari stocks ended the week on positive note as Qatar Stock Exchange (QE) Index surged 128 points this week. The QE Index closed...

MoCI Undersecretary participates in GCC Trade Cooperation preparatory meeting 15 Oct 2021 - 09:58 am

Undersecretary of the Ministry of Commerce & Industry, Sultan bin Rashid Al Khater, participated yesterday in the 53rd preparatory meeting for the GCC...

Vodafone Qatar Q3 net profit grows 45.3% year-on-year 14 Oct 2021 - 06:53 pm

Doha: Vodafone Qatar reported today its consolidated financial results for the nine months that ended in September 2021 and saw marked improvement across...

QBA hosts UK Minister of State for International Trade 14 Oct 2021 - 10:01 am

Doha: The Qatari Businessmen Association (QBA) hosted a business lunch for UK Minister of State for International Trade and Parliamentary Under-Secretary H E...