Business

New financing regulations to boost real estate sector 20 Jul 2023 - 08:18 am

Doha, Qatar:To boost real estate sector, Qatar Central Bank has made some amendments to real estate financing (mortgage) regulations which include setting ceilings...

Woqod achieves net profit of QR440m in H1 20 Jul 2023 - 08:13 am

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

Singapore bank startups lift deposit caps in sign of opening 19 Jul 2023 - 03:26 pm

Digital bank startups backed by Sea Ltd. and Grab Holdings Ltd. have started accepting larger deposits in Singapore, suggesting the city-state’s regulator has...

'Gas will be needed as safer reliable energy source for most nations well beyond 2050' 19 Jul 2023 - 10:24 am

Doha, Qatar: Minister of State for Energy Affairs, the President and CEO of QatarEnergy HE Eng. Saad bin Sherida Al Kaabi said gas...

Gold prices rise 0.3% 19 Jul 2023 - 09:23 am

Singapore: Gold prices edged up on yesterday on a dollar that was close to hitting its lowest in over a year, while traders...

Qatar Airways Cargo and Airlink play vital role in responding to humanitarian needs 19 Jul 2023 - 09:19 am

Doha, Qatar: Since renewing its strong partnership in April 2022, Qatar Airways Cargo and Airlink have delivered 58 shipments on behalf of 22...

Commercial banks deposits reach QR954.539bn in May 19 Jul 2023 - 09:15 am

Doha, Qatar: Qatar’s banking sector registered growth in May as commercial banks have witnessed an increase in deposits and credit facilities on year-on-year...

‘Strong economic ties can lead to stronger partnerships’ 19 Jul 2023 - 09:12 am

Doha, Qatar: The Qatari-Turkish private sector plays a vital role in strengthening relations between the two countries, which acquire a strategic nature in...

Fed’s Barr says AI risks amplifying bias and errors in lending 18 Jul 2023 - 07:00 pm

The top US bank regulator says that lenders need to ensure that artificial intelligence tools don’t perpetuate biases and discrimination in credit decisions....

Profits of QatarEnergy jump to QR154.6 billion in 2022 18 Jul 2023 - 01:43 pm

Doha, Qatar: A report issued by QatarEnergy revealed a jump in the company's net profits by about 58 percent in 2022, to reach...

Residential sector upbeat with rising projects 18 Jul 2023 - 08:26 am

Doha, Qatar: Qatar’s housing market is witnessing a positive momentum with numerous projects lined up since the first quarter of the year. According...

Commercial Bank posts QR1,554.3m net profit in H1, 2023 18 Jul 2023 - 08:25 am

The Peninsula — Doha The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced yesterday its financial results for the half...

ConocoPhillips Qatar welcomes Bill Arnold as new President 18 Jul 2023 - 08:21 am

Doha, Qatar:ConocoPhillips has announced the appointment of Bill Arnold (pictured) as the new president of ConocoPhillips Qatar (COPQ), effective April 2023. Arnold succeeds...

How Middle East is leading chase in game-changing clean energy technologies? 18 Jul 2023 - 08:17 am

Doha, Qatar:Oil-rich Gulf countries are turning to another form of energy production that could transform their economies and curb carbon emissions in the...

Qatar to host International Conference and Exhibition on Liquefied Natural Gas 17 Jul 2023 - 10:26 am

Doha, Qatar: The State of Qatar will host the 21st International Conference & Exhibition on Liquefied Natural Gas “LNG 2026”, a preeminent world...

QIB profit grows by 7.7% to reach QR1,955m in H1, 2023 17 Jul 2023 - 08:20 am

Doha, Qatar:Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended June 30, 2023. Net...

TotalEnergies Refining and Chemicals Qatar commends JV partner Qatargas for exceptional safety performance 17 Jul 2023 - 08:18 am

Doha, Qatar:TotalEnergies Management Committee for Refining and Chemicals (R&C) in Middle East, Asia, and Africa has recognized Qatargas for their exceptional safety performance,...

Dukhan Bank posts net profit of QR761m for six months 17 Jul 2023 - 08:16 am

Doha:Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the six-month...