Business

BP posts record profit, dilutes green target 07 Feb 2023 - 06:09 pm

London: British energy giant BP on Tuesday announced record annual profit thanks to soaring oil and gas prices, as it watered down its...

Jazeera plans to fly on more routes as it posts record profit 07 Feb 2023 - 05:29 pm

Kuwait’s Jazeera Airways plans to start flying on more routes this year as higher demand for travel helped the low-cost carrier post record...

Twitter’s UK unit financial accounts are overdue, registry says 07 Feb 2023 - 05:24 pm

London: Twitter Inc.’s UK unit failed to file its corporate accounts by a December deadline, the government’s public registry said on its website....

Qatar Chamber discusses trade, investment cooperation with Finland 07 Feb 2023 - 05:16 pm

Doha: The Minister of Development Cooperation and Foreign Trade of Finland Ville Skinnari has underscored the close relations between Qatar and Finland, pointing...

India rushes to long-term LNG deals to speed shift from coal 07 Feb 2023 - 02:27 pm

India is looking to sign many more long-term deals to buy liquefied natural gas to help power its economic growth. Petronet LNG Ltd.,...

Gold hits over four week low 07 Feb 2023 - 10:10 am

Singapore:Gold prices hit a more than four-week low yesterday. This comes as the US dollar firmed after stronger-than-expected jobs data fanned concerns that...

Muscat stock closes higher 07 Feb 2023 - 10:06 am

Muscat: Muscat Stock Exchange (MSX) index 30 closed yesterday at 4,754.44 points, up by 13.5 points, or 0.28 percent, compared to last trading...

China Central Bank injects about $22.14bn into market 07 Feb 2023 - 10:05 am

Beijing:Beijing: China’s central bank injected yesterday 150bn yuan (about $22.14bn) into the market via reverse repo operations to maintain liquidity in the banking...

Doha Bank posts net profit of QR765m in 2022 07 Feb 2023 - 10:01 am

Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman of the Board of Directors of Doha Bank, announced that the Board of Directors...

Crowell & Moring Doha expands banking and finance capabilities 07 Feb 2023 - 09:53 am

Doha: Crowell & Moring is strengthening its banking and finance practice capabilities with the addition of Catherine Martinez (pictured) as a counsel in...

Qatar Stock Exchange gains 0.53 percent 07 Feb 2023 - 09:44 am

Doha:Qatar Stock Exchange (QSE) index gained 56.93 points, or 0.53 percent, to close trading at 10,711.48 points on Sunday. The volume of shares...

Over $9bn investments announced to support future technologies 07 Feb 2023 - 09:40 am

Riyadh: The LEAP 23 Conference, which began in Saudi Arabia today, announced more than $9bn investments to support future technologies, digital entrepreneurship, and...

Qatari investors group reports 2.15% rise in net profit 07 Feb 2023 - 09:39 am

Doha: The Qatari Investors Group reported a rise in net profit by 2.15 percent in 2022, reaching QR192.166m in comparison to a net...

DIC participates in LEAP 23 international technical conference in Saudi Arabia 07 Feb 2023 - 09:35 am

The Ministry of Communications and Information Technology of the State of Qatar (MCIT Qatar) participated in the second edition of the International Technical...

Apple’s latest iPhones sell at $100-plus discounts in China 07 Feb 2023 - 12:34 am

Apple Inc.’s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch...

Dell to cut 6,650 jobs, battered by plunging PC sales 06 Feb 2023 - 07:30 pm

Dell Technologies Inc. is eliminating about 6,650 roles as it faces plummeting demand for personal computers, becoming the latest technology company to announce...

Over $9 billion investments announced in LEAP 2023 conference in Saudi Arabia 06 Feb 2023 - 06:56 pm

Riyadh: The LEAP 2023 conference, which began in Saudi Arabia on Monday, announced more than $9 billion investments to support future technologies, digital...