Business

Oil settles at 8-month low after disappointing US job numbers 04 Aug 2024 - 10:24 am

DOHA: Oil prices fell on Friday, settling at their lowest since January after data showed the US economy added fewer jobs than expected...

How fast should US Federal Reserve cut interest rates 04 Aug 2024 - 10:14 am

DOHA: Forecasting policy rates in the US has been a challenge in recent quarters, after the aggressive monetary policy tightening stabilised with rates...

Property sector reports stable outlook in Q2 2024 04 Aug 2024 - 10:13 am

DOHA: The residential industry across the country stood robust during the second quarter of the year, indicating significant improvements in rents. However, the...

Qatar Stock Exchange index achieves 1.2% gains in 30 days 02 Aug 2024 - 01:02 pm

Doha: The Qatar Stock Exchange (QSE) index ended the current week’s trading with a rise of 0.32 percent, adding 32.390 points to its...

WOQOD achieves net profit of QR482m in H1 02 Aug 2024 - 12:45 pm

Doha: Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎or “WOQOD Group” or “the Group”, with the code name “QFLS” on Qatar Stock...

Qatar aims toward economic diversification; positions as leader in AI 02 Aug 2024 - 12:32 pm

Doha: Qatar is among the countries that lead the race for ‘strategic emphasis’ on artificial intelligence (AI) as a key sector. According to...

QEWC completes its reorganisation process 02 Aug 2024 - 12:25 pm

Doha: Qatar Electricity & Water Company (QEWC), announced that it has completed the reorganisation of QEWC. As of July 2024 QEWC has begun...

Qatar ports record 46% surge in container handling in July 02 Aug 2024 - 12:19 pm

Doha: Hamad, Ruwais and Doha ports registered strong performance in July 2024 as the ports witnessed significant growth in handling twenty-foot equivalent units...

MoCI issues 11,680 commercial licences in second quarter 02 Aug 2024 - 09:32 am

Doha: The Ministry of Commerce and Industry (MoCI) issued 3,974 commercial registrations and 11,680 commercial licences in the second quarter (Q2) of this...

Woqod profits grow by 9.5% during first half of 2024 01 Aug 2024 - 09:57 pm

Doha, Qatar: The net profits of Qatar Fuel Company (Woqod), a Qatari public shareholding company, rose by 9.5 percent in the first half...

Qatar Central Bank issues treasury bills, Islamic bonds worth QR2.5 billion 01 Aug 2024 - 09:12 pm

Doha: Qatar Central Bank (QCB) has issued treasury bills and Islamic bonds for maturities of 7 days, 28 days, 91 days, 182 days,...

World Bank offers roadmap to avoid 'middle-income trap' 01 Aug 2024 - 05:06 pm

Washington: More than 100 countries, including China, are at risk of entering a "middle-income trap" and failing to become wealthy nations, the World...

Volkswagen profit dips on slowing Chinese demand 01 Aug 2024 - 01:54 pm

Frankfurt, Germany: German automaker Volkswagen pledged Thursday to focus on cutting costs following a drop in second-quarter profits as the group grappled with...

QNB organises staff workshop in collaboration with Snapchat 01 Aug 2024 - 10:06 am

Doha, Qatar: QNB hosted a workshop for its staff members in collaboration with Snapchat, one of the leading social media platforms, aiming to...

Qatar’s government tenders reach QR5.5bn in Q2 2024 01 Aug 2024 - 10:05 am

Doha: The Ministry of Finance revealed yesterday that the total value of tenders and auctions in government agencies in the State of Qatar...

Qatar’s non-hydrocarbon sector has strong potential to drive growth 01 Aug 2024 - 10:03 am

Doha, Qatar: Qatar’s commitment to actively pursuing an economic diversification agenda has created several opportunities for investors. Speaking to The Peninsula, Peter Kaznacheev,...