Business

Gold extends slide as yields jump before wave of inflation data 09 May 2022 - 10:10 am

Gold extended its longest run of weekly losses this year as investors eyed rising Treasury yields -- and a stronger dollar -- ahead...

Saudi Arabia to host Future Aviation Forum 09 May 2022 - 08:20 am

Saudi capital Riyadh will host today the three-day "Future Aviation Forum", organized by the General Authority of Civil Aviation (GACA). The Future of...

Automall distributes over 1,000 meals during Ramadan 09 May 2022 - 08:03 am

Automall, the fast growing and preferred pre-owned automotive destination in Qatar from Domasco has distributed over 1,000 iftar meal boxes to the needy...

Bond markets point to slowdown of US economic recovery 09 May 2022 - 07:55 am

The US economy is moving fast, with volatile markets reflecting rapid changes and unexpected turnarounds. The Great Pandemic Reflation (2020-21), a stimulus-induced recovery...

Investment and Trade Court to begin work from tomorrow 09 May 2022 - 07:47 am

The Investment and Trade Court will officially begin its work from tomorrow, according to Supreme Judiciary Council. Headquartered in Lusail, the Investment and...

China trade weakens after cities shut down to fight virus 09 May 2022 - 07:43 am

China’s export growth tumbled in April after Shanghai and other industrial cities were shut down to fight virus outbreaks. Exports rose 3.7% over...

IHG’s capital increase from 830,000,000 shares to 3,404,037,500 shares 08 May 2022 - 10:33 pm

Doha - Investment Holding Group Q.P.S.C. has announced today the allocation of its increase in authorized share capital, following Qatar’s pioneering reverse acquisition....

Gucci to start accepting crypto payments in some US stores 08 May 2022 - 12:29 pm

Gucciwill accept payments in cryptocurrencies in the U.S. starting this month, as the luxury industry takes tentative steps into the digital-asset universe. Customers...

Qatar’s Snoonu plans GCC foray 08 May 2022 - 08:08 am

Doha: After growing rapidly in the domestic market, Snoonu- Qatar’s home grown success story- is aiming to foray into foreign markets. Qatar tech...

Commercial banks deposits rise by 2.4% to QR967.7bn in March 08 May 2022 - 08:07 am

Doha: Qatar’s banking sector continued to register robust growth in March, with commercial banks in the country witnessing an increase in deposits and...

Asian LNG prices rise ahead of EU ban on Russian oil: Report 08 May 2022 - 08:06 am

Doha: Asian spot LNG prices inched up last week as market players fear prices might skyrocket if the European Union imposes a ban...

Huawei calls for collaboration to achieve Intelligent World 2030 06 May 2022 - 09:31 am

At the 2022 Huawei Global Analyst Summit, Huawei held the Intelligent World 2030 Forum together with industry partners. Huawei presented the research and...

Musk secures $7.1bn in new financing for Twitter 06 May 2022 - 09:29 am

Elon Musk has secured about $7.1bn of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help...

QE Index surges nearly 17% in four months 06 May 2022 - 09:25 am

The QE Index has risen around 17 percent or 2,000 points in the first four months of this year, driven by strong performance...

Kuwait oil minister says OPEC+ strategy ensures market stability, balance 05 May 2022 - 07:01 pm

The Kuwaiti oil minister said on Thursday that the OPEC+ strategy of monthly crude production increases ensures market stability and balance, the state...

New gas pipeline reduces dependence on Russia 05 May 2022 - 03:09 pm

A 500-million-euro ($530 million) Lithuanian-Polish natural gas transmission pipeline was inaugurated Thursday, completing another stage of regional independence from Russian energy sources. The...

Bill Gates says shorting Tesla isn’t hurting the environment 05 May 2022 - 01:34 pm

Elon Musk has accused Bill Gates of damaging his environmental credibility by shorting Tesla stock. The Microsoft founder says he’s simply diversifying his...