Business

UDC net profit reaches QR265m; revenues at QR1.176bn in 2020 04 Feb 2021 - 08:53 am

United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Island, announced its financial...

Spotify outlook weakens as pandemic uncertainty persists 03 Feb 2021 - 02:41 pm

STOCKHOLM: Spotify forecast on Wednesday that revenue and paid subscribers would be below Wall Street estimates this quarter due to uncertainty over how...

Hitachi ABB Power Grids wins major order 03 Feb 2021 - 09:10 am

Doha: Hitachi ABB Power Grids yesterday announced that it has been awarded a major order that will help Qatar’s national grid increase the...

MEEZA obtains renewal for five ISO certifications 03 Feb 2021 - 09:08 am

Doha: MEEZA, Qatar’s pioneering managed IT services center, has announced that all the recertification and surveillance audits for the year 2020 has been...

Seashore tees off at ECGC to enhance golfing community 03 Feb 2021 - 09:07 am

Doha: Seashore Group has entered a partnership agreement with Education City Golf Club (ECGC) to help develop the community of Qatar to engage...

Video Home gets LG Gulf President’s recognition for exemplary performance 03 Feb 2021 - 09:05 am

Doha: The year 2020 with the COVID-19 pandemic posed an unprecedented challenge to the health of both individuals and businesses. It became imperative...

QNB most valuable banking brand in region 03 Feb 2021 - 09:02 am

Doha: QNB Group, the largest financial institution in the Middle East and Africa (MEA), has continued to be the most valuable brand in...

JRE, Kilinc Law & Consulting, Al Sulaiti Law Firm sign MoU 03 Feb 2021 - 08:45 am

Doha: Just Real Estate (JRE), Al Sulaiti Law Firm and Kilinc Law & Consulting signed a Memorandum of Understanding (MoU) on cooperation and...

New technology, features push up laptop prices 03 Feb 2021 - 08:42 am

The laptop market in Qatar is buzzing with activity as computer showrooms and dealers are witnessing surge in demand for new models. Remote...

Widam's import of Sudanese chilled meat, livestock to reach QR150m in 2021 03 Feb 2021 - 08:33 am

Doha: The import of livestock and chilled meat by Widam Food Company, the main importer of meat to Qatar, from Sudan is expected...

Exports of QDB-registered SMEs up 23% last year 03 Feb 2021 - 08:29 am

Doha: The Qatar Development Bank (QDB) has concluded the events of the Qatar Virtual Exhibition (QVE), which brought together top Qatari SMEs, distributors,...

QLM to launch family healthcare insurance in second quarter of 2021 03 Feb 2021 - 08:26 am

QLM Life & Medical Insurance Company announces the launch of its family insurance product, a distinguished & unprecedented product which will be unique...

Vodafone net profit rises to QR185m in 2020 03 Feb 2021 - 08:06 am

Doha: Vodafone Qatar has reported its highest-ever net profit of QR185m for 2020, a 29 percent increase compared to the previous year mainly...

Amazon's Bezos to step down as CEO; quarterly revenue tops $100 billion for first time 03 Feb 2021 - 12:38 am

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third...

Pfizer sees about $15 billion in 2021 sales from COVID-19 vaccine 02 Feb 2021 - 02:59 pm

Pfizer Inc on Tuesday forecast sales of about $15 billion from the coronavirus vaccine that it is making along with German partner BioNTech...

Qatar’s booming deals market aids recovery of retail businesses 02 Feb 2021 - 09:11 am

Qatar’s booming deals market, wherein consumers are able to purchase goods and services at discounted prices or with buy-one-get-one-free (BOGOF) promotions, is helping...

Qatar supports efforts to enhance Islamic economic integration 02 Feb 2021 - 09:08 am

Qatar Chamber participated in the 31st meeting of the Board of Directors of the Islamic Chambers of Commerce, Industry and Agriculture (ICCIA) held...

Qatari banks may see more consolidation 02 Feb 2021 - 09:06 am

TQatar’s banking system could see more consolidation triggered by pressure on banks’ profitability from the coronavirus pandemic, particularly those with weaker franchises and...