Business

QSE closes slightly higher 08 Jan 2024 - 10:03 am

Doha, Qatar: Qatar Stock Exchange (QSE) general index yesterday went slightly up by 9.99 points (0.10 percent), to close at 10,443.84 points. A...

Investors scale back bets on interest rates cut in 2024 08 Jan 2024 - 10:02 am

London:Investors scaled back their bets on a cut in interest rates this year after economic data on the labor market, in addition to...

QBA, UK discuss enhancing trade relations 08 Jan 2024 - 10:00 am

Doha, Qatar: During a business lunch organised by the Qatari Businessmen Association, QBA members met with the UK Minister of State for Trade...

Ooredoo, Commercial Bank unveil direct debit solution 08 Jan 2024 - 10:00 am

Doha, Qatar:Ooredoo, the nation’s leading telecom provider, is pleased to announce a strategic partnership with the Commercial Bank. This collaboration introduces an innovative...

QFMA organises training course on Local Currency Bond Market 08 Jan 2024 - 09:58 am

Doha, Qatar: Qatar Financial Markets Authority (QFMA) organised a week-long training course (20 training hours) for employees in its various specialized departments on...

Elevator, escalator market to drive growth by 4.21 percent CAGR 08 Jan 2024 - 09:54 am

Doha, Qatar:Qatar’s elevator and escalator sector is anticipated to post a compound annual growth rate (CAGR) of 4.21 percent by 2029, according to...

Qatar, UK review trade and investment ties 08 Jan 2024 - 09:53 am

Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Thani met yesterday with United Kingdom Minister of State...

Stable business conditions in non-energy sector in Dec 08 Jan 2024 - 09:50 am

Doha, Qatar:Qatar’s non-energy private sector registered broadly stable business conditions in the last month of 2023, according to the latest Purchasing Managers’ Index...

Lesha Bank receives rankings in six categories from Euromoney Market Leaders 2023 07 Jan 2024 - 10:03 am

Doha, Qatar: Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) announced its recognition in six categories in Qatar by Euromoney Market Leaders...

QIB adds Bangladesh to its Direct Remit Service 07 Jan 2024 - 10:02 am

Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the addition of Bangladesh to its Direct Remit Service. This strategic initiative...

What to expect from global macro in 2024? 07 Jan 2024 - 10:00 am

Doha, Qatar: There is no doubt that expectations for 2024 were influenced by the experience of investor sentiment from 2023, when negative initial...

Oil prices settle higher on Middle East tensions, Asian spot LNG price dips 07 Jan 2024 - 09:59 am

Doha, Qatar: Oil prices settled higher on Friday as US Secretary of State Antony Blinken began a week-long sweep through the Middle East...

QIIB launches new innovative banking package 07 Jan 2024 - 09:53 am

Doha, Qatar:QIIB announced the launch of the new innovative banking package “World” with an aim to satisfy customer requirements through an integrated set...

Growth in digitalisation, technology bolstering Qatar’s ICT ecosystem 07 Jan 2024 - 09:44 am

Doha, Qatar: Qatar has made strides in digital transformation by developing its ICT sector. This is evident by consistent effort to offer top...

Ozempic challengers, immunology firms line up for rebound in M&A 06 Jan 2024 - 05:31 pm

Biotech investors are heading into the year’s biggest dealmaking event with a renewed sense of optimism after more than two years of layoffs...

French supermarket bars Pepsico products over 'unacceptable' price hikes 05 Jan 2024 - 05:25 pm

Paris: Supermarket chain Carrefour has stopped selling Doritos, Pepsi and other Pepsico brands at its stores in France, Belgium, Italy and Spain amidst...

Eurozone inflation rises to 2.9% in December 05 Jan 2024 - 02:19 pm

Brussels: The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs, official data showed...

Philippine inflation slows to 22-month low amid rice price spike 05 Jan 2024 - 01:01 pm

Philippine inflation cooled to a 22-month low in December yet the central bank said monetary settings will remain "sufficiently tight” amid accelerating rice...