Business

Amir’s speech stresses durability of Qatari economy: QC Chairman 26 Oct 2022 - 08:50 am

Doha: Chairman of the Qatar Chamber Sheikh Khalifa bin Jassim Al Thani praised the speech of the Amir H H Sheikh Tamim bin...

Al Faleh Educational Holding Company recommends distribution of profits to shareholders at 3.125% of capital 26 Oct 2022 - 08:46 am

Doha: Al Faleh Educational Holding Company held its Board meeting chaired by Dr. Sheikha Aisha bint Faleh Al Thani, Chairperson of the Board...

MPHC nine-month net profit up 2% to QR1.5bn 26 Oct 2022 - 08:45 am

Doha: Mesaieed Petrochemical Holding Company (MPHC), yesterday announced a net profit of QR1.5bn for the nine-month period ended September 30, 2022, showing an...

Chinese officers charged in plot to obstruct US Huawei probe 25 Oct 2022 - 11:08 pm

Washington: Two suspected Chinese intelligence officers have been charged with attempting to obstruct a US criminal investigation of Chinese tech giant Huawei by...

Hyundai breaks ground on $5.5bn US EV, battery plant 25 Oct 2022 - 10:40 pm

ELLABELL, Georgia: Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday,...

Musk informs co-investors he plans to close Twitter deal by Friday 25 Oct 2022 - 09:54 pm

New York: Elon Musk has notified co-investors who committed to help fund his $44bn acquisition of Twitter Inc that he plans to close...

Inditex sells Russian business to Middle Eastern Daher Group 25 Oct 2022 - 08:09 pm

MADRID: Zara owner Inditex has agreed to sell its stores in Russia to UAE-based Daher Group, though it did not rule out returning...

Baladna’s Board of Directors approves acquisition of 75% stake in E-Life Detergent Factory 25 Oct 2022 - 10:02 am

Doha: The Board of Directors of Baladna Company (a Qatari public shareholding company) has approved the acquisition of Baladna Food Industries Company, a...

Doha Bank net profit up 4.6% to QR933m for nine months 25 Oct 2022 - 09:35 am

Doha: Doha Bank has reported a net profit of QR933m for the first nine months of the year, an increase of 4.6 percent...

Aamal’s nine-month net profit rises by 23.6% to QR256m 25 Oct 2022 - 08:46 am

Doha: The Board of Directors of Aamal Company (Aamal), one of the region’s leading diversified companies, yesterday announced its financial results for the...

Qamco net profit grows by 54% to QR803m for nine months 25 Oct 2022 - 08:32 am

Doha: Qatar Aluminium Manufacturing Company (Qamco), a 50 percent joint venture partner in Qatar Aluminium Company (Qatalum), yesterday reported a net profit of...

QNB conducts Strategic Execution workshop for senior executives 25 Oct 2022 - 08:25 am

Doha: QNB, the largest financial institution in the Middle East and Africa, have conducted a number of Strategic Execution workshops for its internal...

Qatar’s retail market witnesses significant improvement in 2022 25 Oct 2022 - 08:20 am

Doha: The retail market in the country has seen a substantial growth with its increased supply. According to a report by Cushman &...

Commercial Bank Extraordinary and Ordinary General Assembly approves amendments on Articles of Association 25 Oct 2022 - 08:19 am

Doha: Shareholders of The Commercial Bank (the Bank) approved at the Extraordinary and Ordinary General Assembly held yesterday, all items on the agenda...

Qatar, Egypt discuss energy relations 25 Oct 2022 - 08:17 am

Minister of State for Energy Affairs H E Saad Sherida Al Kaabi met in Cairo yesterday with the Minister of Petroleum and Mineral...

Tesla cuts China prices by up to 9% as analysts warn of 'price war' 24 Oct 2022 - 11:42 pm

Shanghai: Tesla has cut starter prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a...

Dove, other Unilever dry shampoos recalled over cancer risk 24 Oct 2022 - 10:38 pm

New York: Unilever Plc recalled popular brands of aerosol dry shampoo, including Dove, after discovering they were contaminated with a chemical called benzene...