Business

Pfizer trims 2023 revenue outlook as profits tumble 01 Aug 2023 - 03:53 pm

New York: Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in...

‘Qatar’s marine sector a great potential in region’ 01 Aug 2023 - 08:42 am

Doha, Qatar:The marine industry in Qatar has great potential in the region remarked Danial Kaabi, Chief Executive Officer of Sea Horizon Offshore Marine...

Qatar’s Producer Price Index declines by 3.24% in June 01 Aug 2023 - 08:39 am

Doha, Qatar:The PPI for June 2023 is estimated at 108.86 points showing a decrease of 3.24%, when compared to the previous month’s May...

QNB, Visa launch special campaign for Life Rewards credit cardholders 01 Aug 2023 - 08:28 am

Doha, Qatar:QNB, the largest financial institution in the Middle East and Africa, has launched an exclusive campaign, awarding its Visa Life Rewards credit...

Banking tycoon Kotak’s succession is under regulator review, sources say 31 Jul 2023 - 08:46 am

India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as...

QSE stocks soar as bull run continues 31 Jul 2023 - 08:22 am

Doha, Qatar:Stocks in the Qatar Stock Exchange (QSE) have continued their bull run with an impressive beginning of yesterday’s trading. The QSE index...

National Leasing Holding net profit rises 28% during H1, 2023 31 Jul 2023 - 08:21 am

Doha, Qatar:The net profits of National Leasing Holding increased by 28 percent in the first half of 2023 to reach QR8.634m compared to...

Ooredoo Group first half revenue up 3% to QR11.4bn 31 Jul 2023 - 08:19 am

Doha, Qatar: Ooredoo Q.P.S.C. (“Ooredoo”) yesterday announced its financial results for the six-month period ended June 30, 2023. In the first half (H1)...

Ooredoo, Doha Bank collaborate in Ministry of Labour's summer internship program 30 Jul 2023 - 09:25 pm

Doha: The 2023 summer internship program, targeting Qatari students, continued to operate under the auspices of the Ministry of Labour and numerous private-sector...

European Central Bank could hike rates or pause at next meeting: Lagarde 30 Jul 2023 - 07:38 pm

Frankfurt, Germany: The European Central Bank could hike interest rates again or pause at its next meeting and any decision will depend on...

The First Investor appoints Haithem Katerji as CEO 30 Jul 2023 - 08:32 am

Doha, Qatar:The First Investor (TFI), a subsidiary of Dukhan Bank and one of the leading investment banking and asset management companies in Qatar,...

Financial markets point to weak US economy in 2024 30 Jul 2023 - 08:26 am

Doha, Qatar: The US economy continues to demonstrate its resilience despite significant headwinds from high inflation, tighter financial conditions, and an uncertain global...

MEEZA net profit up 18% to QR29.7m; revenue rises 42% to QR221.8m in H1 30 Jul 2023 - 08:06 am

Doha, Qatar:MEEZA QSTP LLC (Public) (“MEEZA” & “the Company”) announced a net profit of QR29.7m in the first half (H1) of 2023, representing...

Lesha Bank Receives ISO 9001:2015 and 14001:2015 Certifications for Integrated Management and Environment Systems 29 Jul 2023 - 07:11 pm

Doha, Qatar: Lesha Bank LLC (Public) (the “Bank” or “Lesha Bank”) announced that it has obtained the ISO 9001:2015 and ISO 14001:2015 certifications...

‘Launching gift card helps Qatar progress toward cashless economy’ 29 Jul 2023 - 08:53 am

Doha, Qatar:Doha Festival City in partnership with Qatar Islamic Bank (QIB) and Mastercard recently launched an exclusive gift card to provide customers with...

Qatar Airways cargo enhances customer experience with real-time personalised pricing 29 Jul 2023 - 08:51 am

Doha, Qatar: Qatar Airways Cargo, a global leader in air cargo transportation, is proud to announce that optimised, real-time pricing powered by PROS...

Qatar trade surplus reaches QR17.4bn in June 29 Jul 2023 - 08:42 am

Doha, Qatar:In June 2023, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR17.4bn,...

British Airways parent IAG flies back to profit 28 Jul 2023 - 10:58 am

London: IAG, parent ofBritishAirways, said Friday it returned to first-half profit as the aviation sector recovers from the Covid pandemic despite inflation lifting...