Business

Oil ends week lower on Fed worries, ample supply 19 Feb 2023 - 09:53 am

Doha: Oil settled down $2 a barrel on Friday and ended the week markedly lower. The drop comes as traders worry that future...

Is gold set to continue acting as a safe-haven asset? 19 Feb 2023 - 09:53 am

Doha: Gold has long been a source of debate and contention among economists and investors. Lord John Maynard Keynes, the renowned economist and...

Retail industry witnesses sharp growth in Q4 2022 19 Feb 2023 - 09:43 am

Doha: Qatar’s retail market has witnessed a steady rise during the last quarter of 2022. This comes with several factors including the expansion...

MoCI Undersecretary participates in GCC trade ministers meeting 19 Feb 2023 - 09:43 am

Doha: Undersecretary of the Ministry of Commerce and Industry (MoCI) H E Sultan bin Rashid Al Khater participated in a virtual round table...

Capital Intelligence Rating upgrades QIIB's LT FCRs rating to A+ 18 Feb 2023 - 07:30 pm

Doha: Capital Intelligence Ratings announced that it has upgraded its Long-Term Foreign Currency Rating (LT FCRs) for QIIB to (A+) with a stable...

Real estate trading exceeds QR397m 18 Feb 2023 - 09:56 am

Doha:The volume of real estate trading in sales contracts registered in the Real Estate Registration Department at the Ministry of Justice from Feb....

Asia Pacific, ME and Africa to account for bulk of future gas demand growth 18 Feb 2023 - 09:53 am

Doha: Asia Pacific, the Middle East, and Africa will be responsible for the bulk of future gas demand growth as the global primer...

Qatar Insurance Co. completes merger of subsidiary 18 Feb 2023 - 09:41 am

Doha:Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co. SAOG with Vision Insurance SAOG...

Paella costs more to cook in Spain even after food tax cut 17 Feb 2023 - 05:53 pm

Spaniards paid more to cook their beloved paella in January as the price of rice, oil and seafood continued to climb strongly even...

Airbus records net profit of 4.2bn euros in 2022 17 Feb 2023 - 10:02 am

Paris: The European Aerospace Industries Group (Airbus) recorded a new record net profit in 2022 amounting to 4.2 billion Euros, with an increase...

QCB issues treasury bills worth QR1bn due Feb 23 17 Feb 2023 - 10:02 am

Doha: Qatar Central Bank (QCB) issued Treasury Bills worth QR1bn for a one-week term in February, due on Feb. 23, at an interest...

QSE gains 1.83 percent 17 Feb 2023 - 10:01 am

Doha: Qatar Stock Exchange (QSE) index gained 191.52 points, or 1.83 percent, to close trading at 10,641.45 points yesterday. The volume of shares...

DIC launches 5th edition of ‘Make the Deal’ 17 Feb 2023 - 10:00 am

Doha: The Digital Incubation Center (DIC) affiliated with the Ministry of Communications and Information Technology (MCIT) launched the 5th edition of “Make the...

Consumer Price Index increases 4.2 percent in January 17 Feb 2023 - 09:59 am

Doha: The Planning and Statistics Authority (PSA) has released the Consumer Price Index (CPI) for the month of January 2023. The CPI of...

Industries Qatar revived QSE performance 17 Feb 2023 - 09:58 am

Doha: Qatar Stock Exchange (QSE) index went up by 2.080 percent at the end of the current week of February, gaining 217.250 points...

S Korea funds to transform steel into low-carbon 17 Feb 2023 - 09:57 am

Seoul: South Korea plans to create a fund worth 150 trillion won (US$116.9m) to provide assistance for steel makers’ transition to alow-emission production...

Qatar’s economy to thrive by over 3 percent with forthcoming events 17 Feb 2023 - 09:38 am

Doha: Qatar’s economy shows promising signs as it bolsters with diverse global events including the regime’s efforts in building infrastructure facilities, expanding the...