Business

Realty sector strikes deals worth QR4.196bn in Q4 14 Jan 2024 - 10:22 am

Doha, Qatar:Qatar’s real estate sector witnessed deals worth QR4.196bn in the fourth quarter (Q4) of last year. The realty sector is experiencing remarkable...

Sales of properties worth more than AED 5m hit record levels last year in Dubai 14 Jan 2024 - 10:20 am

Doha, Qatar: Sales of properties worth more than AED 5m and AED 10m in Dubai hit record levels in 2023, reaching 10,296 and...

Oil climbs 1% as tankers avoid Red Sea 14 Jan 2024 - 10:17 am

Doha, Qatar:Oil rose 1 percent on Friday as an increasing number of oil tankers diverted course from the Red Sea following overnight air...

Travel and tourism market to grow over 8% CAGR 13 Jan 2024 - 10:18 am

Doha, Qatar:Qatar’s travel and tourism industry is expected to project a compound annual growth rate (CAGR) of 8.31 percent from 2024 until 2028,...

627 building permits issued in December 2023 12 Jan 2024 - 12:25 pm

Doha, Qatar: The month of December witnessed 627 building permits issued in various municipalities, a 16 percent decrease compared to November, where 748...

Tesla makes first physical presence in Qatar 12 Jan 2024 - 12:13 pm

Doha, Qatar:Following the launch of its online configurator in December, Tesla opened yesterday a Pop-Up Store in Doha, its first physical presence in...

QSE performance rebound supported by Nakilat deal and companies’ anticipated results 12 Jan 2024 - 12:12 pm

Doha, Qatar: The Qatar Stock Exchange (QSE) index concluded this week’s trading up by 0.31 percent, gaining 31.890 points to stand at 10,465,...

Qatar attends 3rd edition of Future Minerals Forum 12 Jan 2024 - 12:11 pm

Doha, Qatar:The State of Qatar participated in the roundtable meeting of ministers concerned with the mineral resources sector. The event was organised by...

Real estate trading volume over QR810m in last week 12 Jan 2024 - 12:03 pm

DOHA: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during...

QNB net profit rises 8% to QR15.5bn in 2023 12 Jan 2024 - 11:59 am

Doha, Qatar: QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced that the Board of Directors, during its...

Qatar emerging as leader in sustainable finance 12 Jan 2024 - 11:49 am

Doha, Qatar:Qatar is emerging as a leader in sustainable finance with successful green bond issuances, poised to expand its market and attract diverse...

QCB Governor meets Saudi counterpart 12 Jan 2024 - 11:47 am

Governor of Qatar Central Bank (QCB) H E Sheikh Bandar bin Mohammed bin Saoud Al Thani met yesterday with Governor of the Saudi...

Google lays off hundreds in hardware, voice assistant teams 11 Jan 2024 - 07:36 pm

Alphabet Inc.’s Google is laying off hundreds of people working on its digital assistant, hardware and engineering teams as part of a continued...

Hertz to sell 20,000 EVs in shift back to gas-powered cars 11 Jan 2024 - 06:08 pm

Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak...

Commercial Bank selected by Edaa to be Qatar's first payment bank for investor dividends distribution 11 Jan 2024 - 05:05 pm

Doha, Qatar: Commercial Bank, a leader in innovative digital banking in Qatar, has been designated by Edaa as the first bank in Qatar...

Amazon cutting several hundred positions across Prime Video and MGM Studios unit 11 Jan 2024 - 03:40 pm

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would...

Qatar Chamber Chairman lauds launch of third National Development Strategy 11 Jan 2024 - 10:11 am

Doha, Qatar:Chairman of Qatar Chamber (QC) Sheikh Khalifa bin Jassim Al Thani said that the third national development strategy (2024-30), which was launched...

QIIB publishes its inaugural Sustainable Finance Framework 11 Jan 2024 - 10:05 am

Doha, Qatar:Qatar International Islamic Bank (“QIIB”) has published its inaugural Sustainable Finance Framework, which aims to finance projects that contribute to positive environmental...