Business

Oil rises to highest in seven months 03 Sep 2023 - 08:24 am

Doha, Qatar:Oil prices rose last Friday to their highest in over half a year and snapped a two-week losing streak, buoyed by expectations...

Qatar’s realty sector strikes deals worth QR4.375bn in Q2 03 Sep 2023 - 08:20 am

Doha, Qatar: Qatar’s real estate sector witnessed deals worth QR4.375bn in the second quarter (Q2) of the year. A total of 795 transactions...

BMW CEO sees profit boost from next-generation electric cars 02 Sep 2023 - 05:33 pm

Auto-industry executives long complained that electric cars aren’t as profitable as their combustion-engine counterparts. BMW AG Chief Executive Officer Oliver Zipse says those...

Former Harrods owner Mohamed Al Fayed dies at 94 02 Sep 2023 - 02:09 pm

London: Mohamed AlFayed, the flamboyant Egypt-born businessman whose son was killed in a car crash with Princess Diana, died this week, his family...

Qatar among top ten in per capita spending 02 Sep 2023 - 09:48 am

Doha, Qatar: Qatar has topped the rankings in per capita spending, with significant investments in various appliances, stated Home Stratosphere in its recently...

Real GDP surges by 2.7% in Q1 02 Sep 2023 - 09:43 am

Doha, Qatar:The Planning and Statistics Authority (PSA) yesterday released the preliminary estimates of gross domestic product (GDP) at current and constant prices (2018=100)...

Qatar economy grows 2.7% in first quarter of 2023 01 Sep 2023 - 08:12 pm

Doha: The Qatari economy achieved a real growth rate of 2.7 percent during the first quarter of the current year compared to the...

Improved liquidity levels in QSE, Morgan Stanley’s review put pressure on index’s performance: Analyst 01 Sep 2023 - 09:47 am

Doha, Qatar: The Qatar Stock Exchange (QSE) index concluded this week’s trading down by 1.64 percent, losing 169.97 points to stand at 10,194.74,...

Realty trading exceeds QR312m last week 01 Sep 2023 - 09:46 am

Doha, Qatar: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice...

Estithmar Holding announces new subsidiary in Jordan 01 Sep 2023 - 09:45 am

Doha, Qatar: Estithmar Holding Q.P.S.C. announced yesterday the establishment of a new subsidiary company with limited liability in Jordan. Estithmar Holding stated that...

Qatar participates in Arab Economic and Social Council at ministerial level 01 Sep 2023 - 09:43 am

Cairo:The State of Qatar participated in the meeting of the 112th session of the Arab Economic and Social Council at the ministerial level,...

QCB issues treasury bills worth QR4bn 01 Sep 2023 - 09:42 am

Doha, Qatar: Qatar Central Bank (QCB) issued treasury bills for August for maturity dates of a week, one month, three months, six months,...

GCC banking sector sees growth in lending during Q2 01 Sep 2023 - 09:36 am

Doha, Qatar: The GCC banking sector witnessed continued growth in lending during the second quarter (Q2) of this year despite interest rates reaching...

Qatar records QR10bn budget surplus for 2nd quarter 31 Aug 2023 - 08:13 pm

Doha, Qatar: The Ministry of Finance announced on Thursday that the budget of the State of Qatar for the second quarter of the...

‘Vital role of pharma logistics in sustaining global health’ 31 Aug 2023 - 09:54 am

Doha, Qatar:The pharmaceutical industry has taken centre stage since the onset COVID-19 pandemic. The industry is always evolving and noted for its constant...

Industrial PPI of July 2023 decreases by 0.22 percent 31 Aug 2023 - 09:53 am

Doha, Qatar:Planning and Statistics Authority (PSA) has released the new Monthly Producer Price Index (PPI) of the Industrial sector for July 2023 which...

Qatari enterprises ranked among Asia’s Best Workplaces list 31 Aug 2023 - 09:43 am

Doha, Qatar: Great Place To Work, yesterday announced this year’s Best Workplaces in the Asian region, which witnessed several companies in the GCC...

Experts discuss role of AI to empower startups in Qatar 31 Aug 2023 - 09:37 am

Doha, Qatar:Qatar has already established a National AI Strategy which is focused on six pillars - education, data access, employment, business, research, and...