Business

Japan top destination of Qatari exports in Q1 02 May 2021 - 09:34 am

The exports from Qatar have witnessed consistent growth during the first quarter of the current year. Japan has secured top spot in terms...

Volkswagen warns chip shortage to curb output in coming months 01 May 2021 - 01:33 pm

Volkswagen AG’s main car brand expects the global chip shortage to curb the production of vehicles in the coming months, but the output...

Xi vows focus on emission cuts, end energy-inefficient projects 01 May 2021 - 11:40 am

China will make cutting emissions a focus of its ecological strategy in the next five years, President Xi Jinping said, vowing to call...

Global Energy Association President to deliver GECF lecture on May 3 01 May 2021 - 08:11 am

Doha: Qatar-based Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, will be hosting the next in its...

Land lot sales generate QR258m in weekly realty activity: Ezdan Real Estate Report 01 May 2021 - 08:11 am

Doha: Qatar’s weekly property market from April 19-22 has witnessed a tight grip by land lot sales where they generated up to QR258.2m,...

QSE launches final stage of financial education competition 30 Apr 2021 - 09:35 am

Qatar Stock Exchange (QSE) organized the final stage of its second annual financial education competition, which was held remotely due to the precautionary...

GIS reports revenue of QR705m for Q1 30 Apr 2021 - 09:29 am

Gulf International Services (GIS or the Group), yesterday reported a net loss of QR5.5m for three-month period ended March 31, 2021. Group’s revenue...

Moody’s affirms ratings of Masraf Al Rayan 29 Apr 2021 - 12:17 pm

Moody’s Investors Service (Moody’s) yesterday affirmed the long-term and short-term issuer ratings of Masraf Al Rayan (Masraf) at A1/P-1. At the same time,...

Vodafone opens pre-orders for new purple iPhone 12 and iPhone 12 mini on Friday 29 Apr 2021 - 12:12 pm

Vodafone Qatar announced that it will open pre-orders for the reimagined iPhone 12 and iPhone 12 mini in a beautiful new purple finish,...

UDC receives International Safety Award with distinction for The Pearl-Qatar and Gewan Island 29 Apr 2021 - 12:08 pm

United Development Company (UDC), a leading Qatari public shareholding company and master developer of The PearlQatar and Gewan Island, has received the International...

Qatari Fintech startup ‘SkipCash’ secures QR7m seed round 29 Apr 2021 - 11:46 am

Qatar’s mobile payment company, SkipCash, announced closing QAR 7 million (USD 1.92mn) seed round funding from private Qatari investors. SkipCash is on track...

QEWC achieves net profit of QR372m in Q1 29 Apr 2021 - 11:43 am

Qatar Electricity and Water Company Q.P.S.C. (QEWC) announced yesterday net profit of QR372m in the first quarter (Q1) of 2021, compared to QR320m...

Doha Bank net profit rises 17.3% to QR380m in first quarter 29 Apr 2021 - 11:39 am

Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of the Board of Directors of D o h a B a n k...

Qamco net profit increases 1000% to QR124m in Q1 29 Apr 2021 - 11:35 am

Qatar Aluminium Manufacturing Company (Qamco) yesterday reported a net profit of QR124m for the first quarter (Q1 2021), an increase of over 1,000...

Ooredoo Group announces QR193m net profit in Q1 29 Apr 2021 - 11:32 am

Ooredoo Group announced yesterday that net profit attributable to Ooredoo shareholders decreased by 50 percent yearon-year to QR193m in the first quarter (Q1)...

Qatar’s industrial sector PPI up by 3.6% in March 29 Apr 2021 - 11:30 am

The overall monthly Producer Price Index (PPI) of Qatar’s industrial sector for March 2021 was estimated at 60.8 points, showing an increase of...

Aamal posts QR68.1m net profit in first quarter 29 Apr 2021 - 11:23 am

Aamal Company (Aamal), one of the region’s leading diversified companies, yesterday announced a net profit of QR68.1m for the first quarter of 2021....