Business

GWC raises foreign investors ownership limit to 100 percent 13 Jul 2023 - 08:42 am

Doha:GWC is proud to announce that it is one of the first companies in Qatar to increase the foreign investor ownership percentage in...

Qatar Social Work, Rafeeq sign MoU 13 Jul 2023 - 08:38 am

Doha:Qatar Social Work affiliated with the Ministry of Social Development and Family, and Rafeeq, the first Qatari company in the field of delivery...

IMF approves $3 billion Pakistan deal 12 Jul 2023 - 10:42 pm

Washington: The International Monetary Fund (IMF) said on Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding...

QIA acquires minority stake in NBA's Washington Wizards owner 12 Jul 2023 - 10:17 am

Washington, DC: The Qatar Investment Authority (QIA) recently acquired a minority stake in Monumental Sports & Entertainment (MSE), a company that owns and...

40% of all new LNG entering market by 2029 going to be from QatarEnergy: Minister 12 Jul 2023 - 09:42 am

Doha, Qatar: Minister of State for Energy Affairs, the President and CEO of QatarEnergy HE Saad Sherida Al-Kaabi, said “40% of all the...

‘Opting right locations pivotal for foreign investors’ 12 Jul 2023 - 09:03 am

Doha, Qatar: As Qatar continues to see an increase in the investment market, experts in the real estate sector underscored the significance of...

Lesha Bank welcomes Mohammed Ismail Al Emadi as Chief Executive Officer 12 Jul 2023 - 09:01 am

Lesha Bank LLC (Public) (the ‘Bank’ or ‘Lesha Bank’) is pleased to announce the appointment of Mohammed Ismail Al Emadi as Chief Executive...

Qatar’s banking sector loan book up 0.2% in May 12 Jul 2023 - 09:00 am

Doha, Qatar: Qatar’s banking Sector total assets declined 0.6% month-on-month( MoM) (down 1.3% in 2023) in May 2023 to QR1.880 trillion. The banking...

MoCI renews 204 industrial licenses in first half of 2023 12 Jul 2023 - 09:00 am

Doha, Qatar: The statistics from the Ministry of Commerce and Industry (MoCI) showed that 204 licenses for industrial projects were renewed during the...

GWC, LDA sign ship owning agreement 12 Jul 2023 - 08:53 am

Doha, Qatar: GWC, Qatar’s leading logistics and supply chain solutions provider, has signed a teaming agreement with renowned global leader in the maritime...

Nike faces Canadian probe over alleged use of forced Uyghur labor 11 Jul 2023 - 10:54 pm

Nike Canada Corp. and Dynasty Gold Corp. are being investigated by a Canadian government agency for allegedly using forced Uyghur labor in their...

Cash-strapped Pakistan gets $2 billion deposit from Saudi Arabia 11 Jul 2023 - 10:06 pm

Islamabad: Pakistan's desperately low foreign exchange reserves were boosted on Tuesday with a $2 billion deposit from Saudi Arabia, ahead of a key...

Jeff Bezos, Bob Iger top Sun Valley list, with AI and streaming in focus 11 Jul 2023 - 06:57 pm

Amazon.com Inc.’s Jeff Bezos, Walt Disney Co.’s Bob Iger, and OpenAI Chief Executive Officer Sam Altman are expected to attend panel discussions and...

QRDI launches new innovation opportunity in partnership with Baladna, Es’hailSat, GWC 11 Jul 2023 - 08:37 am

Doha:The Qatar Research, Development and Innovation (QRDI) Council’s flagship programme, Qatar Open Innovation (QOI), has recently announced its Innovation Opportunities in collaboration with...

Milaha wins ‘Hino Sales Achievement Award’ 11 Jul 2023 - 08:33 am

Doha:Qatar Navigation Q.P.S.C. (“Milaha”), the industry-leading provider of maritime and logistics solutions in Qatar has been granted the “Sales Achievement Award 2022” by...

Raffles and Fairmont Doha appoints new Cluster Director of Sales 11 Jul 2023 - 08:32 am

Doha:Raffles and Fairmont Doha, an ultra-luxury hotel situated at the iconic Katara Tower, a soaring new landmark in Lusail District, is delighted to...

Al Rayan Bank appoints Cathy Lewis as non-executive director 11 Jul 2023 - 08:32 am

Doha:Al Rayan Bank, the most successful Islamic bank in the UK, is pleased to announce the appointment of Cathy Lewis as a non-executive...

QNB net profit rises 8% to QR7.6bn in first half of 2023 11 Jul 2023 - 08:30 am

Doha, Qatar:QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced yesterday QR7.6bn ($2.1bn) net profit for the...