Business

Ecuador takes over two Amazon oil blocks 01 Jan 2023 - 10:44 pm

Quito: Ecuador has taken over the operation of two oil blocks in the Amazon rainforest that since 1999 had been operated by Spain's...

Global economy faces tougher year in 2023, IMF's Georgieva warns 01 Jan 2023 - 08:30 pm

New York: For much of the global economy, 2023 is going to be a tough year as the main engines of global growth...

Assets managed by Qatar Financial Centre worth $28.3bn: CEO 01 Jan 2023 - 05:02 pm

Doha: The Chief Executive Officer of Qatar Financial Centre (QFC), Yousuf Mohamed Al Jaida, has revealed that assets managed by the centreamounted to...

Tunisia Central Bank raises key rate by 75 bps to curb inflation 01 Jan 2023 - 09:09 am

TUNIS: Tunisia’s central bank on Friday raised its key interest rate by 75 basis points to 8 percent from 7.25 percent to combat...

Is a soft landing in global growth still possible for 2023? 01 Jan 2023 - 09:02 am

Doha: There is no doubt that the overall current global macro environment is challenging. 2022 was a particularly arduous year for market participants...

Oil ends volatile year with 2nd straight annual gain 01 Jan 2023 - 08:59 am

Doha: Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on weaker demand from top...

Innovative payment solution boosts digital payments 01 Jan 2023 - 08:56 am

With just a tap on the phone secure and safe transactions can be performed by using digital wallets as companies are moving towards...

‘Doha the shining star of Arab tourism’ 31 Dec 2022 - 10:20 am

Doha: Commending the selection of Qatar as the Arab Tourism Capital for 2023 tourism industry officials said the latest recognition adds another feather...

Online sales to grow 13.6% CAGR 31 Dec 2022 - 10:16 am

Doha: As 2022 comes to a close, Qatar’s online sales industry is anticipating beaming progress with the constant rise of sales in the...

Shop online through Qatar Post’s CONNECTED 31 Dec 2022 - 09:40 am

Doha: As the New Year is hours away, shopping online has never been easy through Qatar Post’s CONNECTED. Individuals living in the country...

Spain's biggest retailer Mercadona to raise wages in line with inflation 30 Dec 2022 - 04:08 pm

MADRID: Privately-owned supermarket chain Mercadona on Friday approved wage increases for its entire workforce in Spain and Portugal, saying they would be in...

Sanctions-hit Huawei says back to 'business as usual' 30 Dec 2022 - 12:42 pm

Beijing: Chinese tech giant Huawei said on Friday it had returned to "business as usual" despite US sanctions as it estimated annual revenues...

Global CEOs, investors have diverging views on economic outlook: Survey 30 Dec 2022 - 10:21 am

Doha: Teneo’s survey of global CEOs and institutional investors, representing more than $3 trillion of company and portfolio value, finds diverging views on...

Real estate trading volume exceeds QR160m last week 30 Dec 2022 - 10:20 am

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

GIS working towards accomplishing merger of Amwaj with Shaqab and Atyab 30 Dec 2022 - 10:20 am

Doha: Gulf International Services (“GIS”; QE ticker: GISS), has successfully accomplished valuation and negotiations with Manaya Holding Group, in relation to a potential...

2022 year of major fluctuations in financial markets: Analyst 30 Dec 2022 - 10:18 am

Doha: The general index of Qatar Stock Exchange (QSE) ended the last trading sessions for the current year at the level of 10681.07...

OQIC to merge with Oman’s Vision Insurance Company 30 Dec 2022 - 10:17 am

Doha: The extraordinary general assembly of Oman Qatar Insurance Company (OQIC) a subsidiary of Qatar Insurance Company, approved its merger with Oman’s Vision...

Qatar among joint-top for 5G peak download speed in GCC region 30 Dec 2022 - 09:53 am

As 5G is continuing to advance in the Gulf Cooperation Council (GCC), Qatar comes joint-top for 5G peak download speed and upload speed...