Business / Qatar Business

QIB reports QR1,815m net profit for six months 18 Jul 2022 - 09:24 am

Doha: Qatar Islamic Bank (QIB) has announced the results for the six months’ period ended 30 June 2022. Net Profit attributable to the...

Euromoney crowns ‘QIB Best Bank in Qatar’, ‘Best in Digital’, and ‘Best in Islamic Finance’ 17 Jul 2022 - 08:50 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been named “Best Bank in Qatar”, “Best Bank for Digital Solutions in Qatar”,...

China’s economic outlook weakened by Covid-Zero strategy 17 Jul 2022 - 08:48 am

Doha: China is where COVID-19 was first discovered in late 2019 and then experienced the first wave of the pandemic in early 2020....

Oil slumps on fears that recession would cut demand 17 Jul 2022 - 08:47 am

Doha: Both benchmarks saw their biggest weekly percentage drops in about a month, largely on fears earlier in the week that a nearing...

QIIB Green launches Green Financing offer for electric, hybrid vehicles 17 Jul 2022 - 08:42 am

Doha: With sustainability at the forefront of our ethos, QIIB Green seeks to contribute to a carbon neutral environment, with that in mind,...

Dukhan Bank records 27% increase in net profit 17 Jul 2022 - 08:41 am

Doha: Dukhan Bank has announced its financial results for the first half of 2022 recording a net profit of QR745m, representing a 27...

Hotels witness rise in occupancy rates in Qatar 16 Jul 2022 - 09:01 am

Qatar’s hospitality sector is witnessing a strong rebound with hotels across segments seeing an increase in occupancy rates. Among the hotels, two and...

External factors affect QSE performance: Analyst 15 Jul 2022 - 11:23 am

Qatar Stock Exchange (QSE) index lost 216.9 points at the end of trading in the second week of this month, falling to the...

Qatar Airways wins top prize at 2022 AirlineRatings Awards 14 Jul 2022 - 07:44 pm

Doha: Qatar Airways has taken the top prize at the AirlineRatings Awards by securing the ‘Airline of the Year’ award in addition to...

Qatar’s IPI declines 2.4 percent in May 14 Jul 2022 - 08:37 am

Doha: The Industrial Production index (IPI), May 2022 reached 98.6 points declining by 5.4 percent compared to the previous month (April 2022), and...

Qatar's IPI Decreases 2.4 Percent in May YoY 13 Jul 2022 - 03:00 pm

Doha: The Industrial Production index (IPI) for May 2022 reached to 98.6 points, recording a decrease by 5.4 percent compared to the previous...

OMINVEST’s insurance subsidiary, NLGIC comes together with RSA Middle East 13 Jul 2022 - 09:21 am

Doha: Further to the signing of a Sale and Purchase Agreement and a Share Swap Agreement in April 2022, and after obtaining relevant...

QFC attracts German companies and startups 13 Jul 2022 - 09:18 am

Doha: Qatar Financial Centre, a leading onshore financial and business centre in the region, in collaboration with the Embassy of Qatar in Germany,...

Qatar is an attractive home for investors: Official 12 Jul 2022 - 08:50 am

Qatar is strongly committed to economic growth, diversification and developing new opportunities for international investors. There are significant growth opportunities in all sectors...

Building permit issuances reach 3,766 in five months 10 Jul 2022 - 09:07 am

Qatar’s construction sector has maintained growth momentum so far this year. The trend in issuance of building permits in the country indicates the...