Business

QIB launches new, updated instant account opening for customers 18 Jul 2024 - 10:25 am

Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of its enhanced digital onboarding process, setting a new...

Islamic Sukuk issuance sees 86.6% rise in 2023 18 Jul 2024 - 10:24 am

Doha, Qatar: Last year witnessed an increase in the issuance of (governmental) Sukuk (issued by Islamic banks) by 86.6 percent, as Islamic banks...

QNB commences distribution of interim cash dividends 18 Jul 2024 - 10:23 am

Doha, Qatar: The Board of Directors of QNB Group, the largest financial institution in the Middle East and Africa, decided on 8 July,...

Qatar, UK dicuss bilateral ties in banking and finance 18 Jul 2024 - 10:22 am

Governor of Qatar Central Bank H E Sheikh Bandar bin Mohammed bin Saoud Al Thani met yesterday with Ambassador of the United Kingdom...

QatarEnergy increases participation in Suriname’s offshore exploration 18 Jul 2024 - 09:35 am

Doha, Qatar: QatarEnergy signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore...

Wirecard accounting chief admits 'mistakes' in fraud trial 17 Jul 2024 - 02:53 pm

Munich, Germany: Wirecard's former top accountant spoke Wednesday for the first time in the ongoing trial into the $2 billion fraud scandal that...

QIB half-yearly net profit rises 5.6% to QR2,065m 17 Jul 2024 - 11:51 am

Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended 30 June 2024....

Commercial Bank posts net profit of QR1,571m in H1 17 Jul 2024 - 11:42 am

Doha, Qatar: The Commercial Bank, its subsidiaries and associates (“Group”) announced yesterday its financial results for the half year ended 30 June 2024....

Microsoft faces UK investigation over AI startup's founder and key staff hiring 16 Jul 2024 - 06:16 pm

London:British regulators opened a preliminary investigation on Tuesday into Microsoft's hiring of an AI startup's key staff over concerns that it could thwart...

QIIB launches Summer Awards campaign with Mastercard credit cards 16 Jul 2024 - 10:56 am

Doha, Qatar: QIIB announced the launch of Mastercard Summer Credit Card offer, which allows customers to enter a draw to win cash prizes...

QC, CSR Regional Network sign MoU’s 16 Jul 2024 - 10:53 am

Doha, Qatar: The Qatar Chamber (QC) recently signed a Memorandum of Understanding (MoU) with the Regional Network Consultancy (ANC) member of the Regional...

General Assembly of Ezdan Holding Group approves sale of some investment properties 16 Jul 2024 - 10:53 am

Doha: The Annual General Meeting (AGM) of the Ezdan Holding Group approved the Board of Directors’ proposal to sell certain investment properties to...

Dukhan Bank reports net profit of QR784m in H1, 2024 16 Jul 2024 - 10:51 am

Doha, Qatar: Dukhan Bank announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QR784m, representing...

QIC wins ‘Mobile App of The Year in Qatar’ accolade 16 Jul 2024 - 10:45 am

Doha, Qatar: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, received the “Mobile App of The Year in...

Qatar’s business environment among most competitive globally 16 Jul 2024 - 10:23 am

Doha, Qatar: Qatar offers significant opportunities for foreign investment as the business environment is attractive for investors. The foreign direct investment (FDI) flows...

Dollar declines against euro, Japanese yen 15 Jul 2024 - 11:29 pm

New York: The dollar declined at the end of Monday's trading after reaching high levels earlier in the session ahead of statements to...

QIA invests in full-service trailer lessors Transportation Equipment Network (TEN) 15 Jul 2024 - 07:03 pm

Miami / Doha / Abu Dhabi:I Squared Capital, a leading independent global infrastructure investment manager, today announced that it has raised in excess...

QNB is first bank in Qatar to launch cyber-security awareness campaign 15 Jul 2024 - 05:28 pm

Doha: QNB, the largest financial institution in the Middle East and Africa, is the first bank to launch its cyber-security awareness campaign, “Stay...