Business

Budget surplus could boost Qatari stocks: Analyst 24 Feb 2023 - 09:55 am

Doha: Financial analyst Tamer Hassan said that the Qatari Ministry of Finance’s announcement of a budget surplus of QR89bn in 2022 will have...

FIFA World Cup 2022 bolsters residential market in Qatar 24 Feb 2023 - 09:53 am

The residential sector in the country witnessed a huge boom during the fourth quarter of 2022 mainly due to the mega tournament hosted...

Qatar’s 2022 budget records surplus of QR89bn 24 Feb 2023 - 09:52 am

Doha: Data from the Ministry of Finance showed today that the State of Qatar’s budget for the fiscal year of 2022 saw a...

IAG announces acquisition of Air Europa for 500 million euros 23 Feb 2023 - 11:59 pm

London: Airline group IAG, parent company of British Airways and Iberia, on Thursday announced the acquisition of Air Europa for 500 million euros...

Netflix lowers price of plans by up to 50% in over 100 countries 23 Feb 2023 - 08:15 pm

Netflix Inc. lowered the price of subscriptions in over 100 countries, mostly lower-income regions where the company has fewer customers. "We’re always exploring...

Engine maker Rolls-Royce sinks into net loss 23 Feb 2023 - 12:47 pm

Rolls-Royce Holdings Plc surged the most in more than two years after new Chief Executive Officer Tufan Erginbilgic embarked on a strategic review,...

QFZ discusses cooperation, joint investments with US delegation 23 Feb 2023 - 10:06 am

Qatar Free Zones Authority (QFZ) welcomed a US delegation that included several American mayors from the states of Michigan, Colorado, Arizona, and Mississippi...

QC hosts meeting to review private sector challenges 23 Feb 2023 - 10:03 am

Qatar Chamber (QC) hosted yesterday a joint meeting with a number of ministries including the Ministry of Interior (MoI), the Ministry of Commerce...

‘We’re Seeing Double’ campaign winners announced 23 Feb 2023 - 10:01 am

Doha: Commercial Bank, the most innovative digital bank in Qatar, is excited to announce the second round of winners for the “We’re Seeing...

QIB approves modification of Articles of Association at EGM 23 Feb 2023 - 09:56 am

Doha: The QIB Results: The QIB Assembly at the Extraordinary Meeting approved the modification of some articles in the Bank’s Articles of Association,...

QIB continues to expand business meeting customer needs 23 Feb 2023 - 09:50 am

Doha: In 2022, QIB continued to expand its business by meeting the evolving needs of its customers. By increasing Net Profits and Total...

Al Alfia Holding acquires stake in Seib Insurance and Reinsurance Company 23 Feb 2023 - 09:15 am

Doha: Al Alfia Holding, the prominent Qatari-based investment group, has acquired a minority stake in Seib Insurance and Reinsurance Company LLC, a Qatari...

QIIB goes live with Swift Go in Qatar 23 Feb 2023 - 09:15 am

QIIB, a leading Islamic bank in Qatar, yesterday announced the go live of the Swift Go service, being the first bank in Qatar,...

Qatar Airways Cargo partners iNOMAD 23 Feb 2023 - 09:15 am

Doha: Qatar Airways Cargo, the world’s leading air cargo carrier, has partnered with iNOMAD, a Korea-based cutting-edge air cargo platform. The partnership with...

Hosting FIFA World Cup 2022 boosted Qatar GDP 23 Feb 2023 - 09:15 am

Doha: The successful World Cup tournament helped to boost Qatar’s GDP, which grew by more than 4 percent in 2022, up from 1.5...

Amazon closes $3.9 billion buyout of health company One Medical 22 Feb 2023 - 10:24 pm

New York: Amazon said on Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-commerce giant...

Qatar Chamber hosts joint meeting with four government bodies To review obstacles facing private sector 22 Feb 2023 - 09:49 pm

Doha: Qatar Chamber discussed the Qatari private sector's ambitions and challenges facing it, in a bid to find the appropriate solutions. Qatar Chamber...