Business

External negative factors pressures QSE performance: Financial Analyst 13 Jan 2023 - 09:25 am

Doha: Qatar Stock Exchange (QSE) index fell by 1.39 percent at the end of the second week of January, losing 155.10 points and...

QatarEnergy, CPChem to boost Qatar's exports 13 Jan 2023 - 09:20 am

The new venture between QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) to build an olefins and polyethylene facility at Ras Laffan Industrial...

Crypto crime hits record $20 billion in 2022, says report 12 Jan 2023 - 11:45 pm

LONDON:Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain...

Iconic Kobe Bryant jersey could fetch up to $7 mn at auction: Sotheby's 12 Jan 2023 - 05:26 pm

New York: Sotheby's estimates that a jersey worn by US basketball legend Kobe Bryant, who died almost three years ago in a tragic...

Dr. Rasheed Al Qenae appointed Chairman of KPMG Middle East, S. Asia and MESAC region 12 Jan 2023 - 09:11 am

Doha: The KPMG Middle East, South Asia, and Caspian (MESAC) region’s Board appointed Dr. Rasheed Al-Qenae as its Chairman effective January 2023. In...

Ahlibank announces winner of Al Rabeh savings scheme millionaire prize draw 12 Jan 2023 - 09:05 am

Doha: Ahlibank has announced Aladin Hubrack as the winner of its Al Rabeh Savings Scheme QR 1m Prize Draw for December 2022. The...

QIC first insurer in MENA region to sign UNEP-FI PSI 12 Jan 2023 - 09:01 am

Doha:Qatar Insurance Company (QIC), the leading insurer in Qatar and MENA region, has signed the United Nations Environment Programme-Finance Initiative’s Principles for Sustainable...

USQBC- Atlantic Council firm up investment ties 12 Jan 2023 - 08:13 am

“USQBC was delighted to host the Atlantic Council representatives in Doha,” said Sheikha Mayes bint Hamad Al Thani, Managing Director of USQBC Doha...

Qatar Q3 GDP up 30.7% to QR228.423bn 12 Jan 2023 - 08:10 am

Doha: The quarterly GDP at current prices in Q3 of 2022 is estimated at QR 228.423bn which represents an increase of 30.7 percent...

Google previews argument against US federal antitrust lawsuit 11 Jan 2023 - 11:29 pm

Washington: Google parent Alphabet on Wednesday gave a preview of its argument against a US government antitrust lawsuit against it in a redacted...

Global fashion firms exploiting Bangladesh workers: study 11 Jan 2023 - 09:19 pm

London: Major international fashion brands are operating unfairly toward Bangladesh clothing suppliers, with some allegedly paying for items below the cost of production,...

QNB's 2022 net profit increases by 9%, records QR14.3bn 11 Jan 2023 - 07:30 pm

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

Apple to begin making in-house screens in 2024 in shift away from Samsung 11 Jan 2023 - 06:17 pm

California: Apple Inc. is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce...

Crisis-hit Egypt's currency halved in value since March 11 Jan 2023 - 05:47 pm

Cairo: The Egyptian pound was trading Wednesday at half its value from March after the central bank intervened for a third time as...

Uniqlo parent company to boost Japan wages up to 40% 11 Jan 2023 - 10:21 am

Tokyo: Uniqlo's parent company said Wednesday it would raise the wages of thousands of its employees in Japan by up to 40 percent...

UDC achieves comprehensive sustainability and wins international awards in 2022 11 Jan 2023 - 08:50 am

Doha:Sustainability has always been a key focus of United Development Company’s (UDC) development vision. As a leading Qatari public shareholding company and master...

QFC announces appointment of Deputy Chief Executive Officers 11 Jan 2023 - 08:39 am

Doha:Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has announced the official appointment of Sheikha Alanoud Bint...