Business

Qatar positions itself as trade and investment hub in MENA 29 Apr 2023 - 08:28 am

Doha: Global investors continue to be optimistic about ‘property financing’ as Qatar plays a significant role in the Middle East and North Africa...

UBS aims to complete Credit Suisse acquisition by end of June 28 Apr 2023 - 10:50 am

Geneva: Swiss UBS bank seeks to complete the “Credit Suisse” acquisition by the end of June, underscoring that the merger represents “a unique...

Qatari firms ramp up investment in security services amid rapid digital acceleration 28 Apr 2023 - 10:49 am

Doha: Across Qatar, organisations are facing numerous challenges as the digital-first approach to business gathers more and more momentum. The future is expected...

Market leaders boost index, upside ahead: Analyst 28 Apr 2023 - 10:48 am

Doha: Qatar Stock Exchange (QSE) gained, during the two trading sessions that the general index activity was limited to this week, about 215,050...

Qatar’s trade balance surplus reach QR21.3bn in March 28 Apr 2023 - 10:46 am

Doha: The foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR21.3bn in March 2023,...

Qatar primary driver of LNG exports of GECF member countries 28 Apr 2023 - 10:23 am

The Liquefied natural gas (LNG) exports of GECF member countries and observers have grown in March 2023 on a yearly (y-o-y) basis and...

GWC posts net profit of QR61.5m in Q1 28 Apr 2023 - 10:15 am

Doha: GWC, Qatar’s leading logistics provider, announced its financial results for the first quarter of 2023. During the three-month period ending March 31,...

Turkiye opens its 1st nuclear power plant with joint Russian investment 27 Apr 2023 - 11:51 pm

Ankara: Turkish President Recep Tayyip Erdogan opened on Thursday Turkiye's first nuclear power plant Akkuyu in Mersin province during the first nuclear fuel...

Caterpillar shares fall despite strong results 27 Apr 2023 - 09:01 pm

New York: Caterpillar reported higher profits Thursday and offered an upbeat outlook on industrial conditions, but shares fell amid worries over weakening global...

Microsoft says EU more attractive after UK blocks deal 27 Apr 2023 - 08:52 pm

London: Microsoft on Thursday said the European Union was "more attractive" for businesses than post-Brexit Britain after the latter blocked its vast takeover...

Unilever revenue up on price hikes of consumer goods 27 Apr 2023 - 11:23 am

London: Unilever on Thursday reported higher revenue in the first quarter as high inflation pushed the British consumer goods giant to hike prices....

Doha Bank reports profit of QR209m in Q1 27 Apr 2023 - 08:48 am

Doha: Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of the Board of Directors of Doha Bank, announced the bank’s financial results...

‘UDC to attract potential investors and promote Qatar’s tourism’ 27 Apr 2023 - 08:45 am

With developing projects in the realty industry, investments, infrastructure, and facilities that are implemented by Qatar’s leading public shareholding firm, United Development Company...

QSE index breaks 10,000-point barrier 27 Apr 2023 - 08:44 am

Doha: The Qatar Stock Exchange (QSE) index broke the 10,000-point barrier at the beginning of yesterday’s trading with the return of activity after...

German government doubles 2023 growth forecast to 0.4% 26 Apr 2023 - 03:53 pm

BERLIN:The German government on Wednesday doubled its growth forecast this year for Europe's largest economy after the country made it through the winter...