Business

Merck sees recovery in non-COVID vaccine demand as quarterly sales beat estimates 29 Jul 2021 - 06:44 pm

Merck & Co reported quarterly revenue on Thursday that topped Wall Street estimates, as sales of its Gardasil vaccine bounced back and demand...

Indian billionaire investor plans 70 planes for new airline 29 Jul 2021 - 03:45 pm

Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline he wants to set up in...

Barwa Real Estate reports QR533m net profit for first half 29 Jul 2021 - 10:33 am

Doha: Barwa Real Estate Group, the leading real estate and Investment Company in Qatar and the region, reported QR533m net profit for the...

UDC posts QR157m net profit and QR1.2bn revenue for first half 29 Jul 2021 - 10:29 am

Doha: United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Island, announced its...

GCC well positioned to be leader in renewable energy 29 Jul 2021 - 10:19 am

The Gulf Cooperation Council (GCC) region is very well positioned to be a leader in renewable energy resources. There are many other competing...

Ooredoo Group announces QR14.5bn revenue for H1 29 Jul 2021 - 10:14 am

Doha: Ooredoo Q.P.S.C. announced yesterday QR14.5bn revenue for the half year ended June 30, 2021, showing an increase of 3 percent compared to...

Charting Qatar’s new digital horizon: malomatia 29 Jul 2021 - 10:08 am

Doha: Last month witnessed a key event of our beloved nation’s advent into the digital era, the Launch of TASMU Platform - a...

Crispy chicken, boy bands and dining in; McDonald's rebounds 28 Jul 2021 - 06:28 pm

McDonald’s posted better-than-expected sales in the second quarter as dining rooms reopened and new chicken sandwiches generated customer traffic. Revenue jumped 57% to...

Expect faster, more affordable prints with Brother’s latest feature-rich ink tank printers 28 Jul 2021 - 10:49 am

Doha: For more than a century, Brother has won recognition as a brand synonymous with delivering product innovation and customer satisfaction. Founded in...

Commercial Bank's net profit rises 47.3% to QR1.3bn in first half 28 Jul 2021 - 10:40 am

The Commercial Bank (P.S.Q.C.) (the Bank), its subsidiaries and associates (Group) reported a net profit of QR1.327bn for the half year ended 30...

BNI Qatar celebrates Annual Business Awards 28 Jul 2021 - 10:39 am

Doha: Business Network International (BNI), Qatar region announced its Annual Business Awards for the members of the organization on Saturday, July 17, 2021....

Islamic banks’ market share expected to grow this year 28 Jul 2021 - 10:16 am

Doha: Qatari Islamic banks are likely to see their market share grow further in 2021, particularly if the proposed merger of Masraf Al...

GWC reports QR108m net profit for H1 28 Jul 2021 - 10:06 am

Doha: Gulf Warehousing Company (GWC), Qatar’s leading logistics and supply chain solutions provider, reported net profit of QR108m, during the six-month period ending...

Qatar’s trade surplus up by 184% in June 28 Jul 2021 - 09:06 am

Doha: Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR16.7bn in June, representing...

Doha Bank net profit rises 22.7% in first half 28 Jul 2021 - 08:37 am

Doha: Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results...

Apple beats sales expectations on iPhone, services, China strength 28 Jul 2021 - 12:07 am

Apple Inc on Tuesday reported quarterly sales and profits that beat analyst expectations as consumers bought premium versions of its 5G iPhones and...

IMF forecasts 6% global growth this year as economies reopen 27 Jul 2021 - 05:42 pm

WASHINGTON: The International Monetary Fund is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United States, as...

UN panel pays $600m to Kuwait oil firm for invasion by Iraq 27 Jul 2021 - 12:46 pm

Berlin: A United Nations panel paid out $600 million to Kuwait's national oil company Tuesday as compensation for Iraq's invasion and occupation of...