Business / Qatar Business

IQ plans QR3.2bn capex for fertilizers segment in 5 years 19 Apr 2021 - 10:10 am

Industries Qatar (IQ), one of the region’s industrial giants with holdings in petrochemicals, fertilizer and steel producers, plans to invest around QR3.2bn as...

Nakilat reports QR320.1m profit for first quarter 19 Apr 2021 - 10:02 am

Nakilat announced yesterday net profit of QR320.1m for the first quarter ended March 31, 2021 compared to QR279.5m during the same period in...

Operations of first Qatari owned offshore stimulation vessel commences 19 Apr 2021 - 09:57 am

Milaha and Schlumberger held a virtual event to mark the commencement of operations of the first Qatari owned offshore well stimulation vessel Halul-48,...

Asian LNG prices rise as China replenishes inventories 18 Apr 2021 - 10:04 am

Oil settled modestly lower on Friday but secured a weekly gain on a stronger demand outlook and signs of economic recovery in China...

Strong US employment data point to a rapid economic recovery: QNB report 18 Apr 2021 - 09:55 am

The US economic recovery continues to “shock and awe” investors and macroeconomists. After a sudden, COVID-19-related economic collapse in Q2 2020, US activity...

Doha Bank hosts meeting for Sri Lankan delegation 18 Apr 2021 - 09:43 am

Doha Bank recently hosted a meeting with a Sri Lankan delegation which was headed by Sri Lanka’s State Minister of Money, Capital Market,...

Qatar Chamber takes part in digital edition of Hannover Messe 2021 18 Apr 2021 - 09:36 am

Qatar Chamber (QC) has participated in the activities of the digital edition of Hannover Messe 2021, which was held from April 12-16 under...

QFC signs MoU with Labuan IBFC to strengthen ties 18 Apr 2021 - 09:28 am

The Qatar Financial Centre Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Labuan IBFC Inc, to develop long term cooperation...

Building sales take over 83.8% of weekly realty activity: Ezdan Report 17 Apr 2021 - 08:42 am

Doha: Qatar’s weekly property market has witnessed a significant surge in the volume of building sale deals which stood at QR656.3m, or 83.8...

More than QR783m volume of real estate transactions during past week 16 Apr 2021 - 09:15 am

The volume of real estate transactions in sales contracts registered within the Real Estate Registration Department at the Ministry of Justice during the...

QE Index gains over 357 points last week 16 Apr 2021 - 09:12 am

Qatar Stock Exchange (QSE) index gained 357.530 points or 3.39 percent last week when the bourse closed yesterday at 10,899.06 points. Q a...

MoCI obtains ISO certificate in information security 16 Apr 2021 - 09:07 am

The Ministry of Commerce and Industry (MoCI), represented by the Information Technology Department, obtained the ISO certificate ISO 27001, presented by the International...

Cabinet issues draft law on mortgaging movable funds 15 Apr 2021 - 03:59 pm

Doha: The Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the regular Cabinet meeting yesterday...

Cabinet approves draft law allowing non-Qataris to own 100% capital of listed Qatari companies 15 Apr 2021 - 01:31 pm

Doha: The Prime Minister and Minister of Interior H E Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the regular Cabinet meeting...

Qatar’s largest indoor theme park selects Levtech to create operational process efficiency 15 Apr 2021 - 11:05 am

Qatar’s largest upcoming leisure and entertainment hub, Doha Oasis Quest has selected Levtech Consulting to implement Microsoft Dynamics 365 to achieve operational excellence;...

E-commerce a COVID-19 lifeline for retailers: Mastercard report 15 Apr 2021 - 11:01 am

As COVID-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest...