Business

World Bank: despite some signs of recovery, the Palestinian economy has not yet rebounded to its pre-pandemic level 18 Sep 2022 - 11:02 am

In a report today, the World Bank saidthat despite some signs of recovery, the Palestinian economy has not yet rebounded to its pre-pandemic...

Kuwait Oil Company aims to increase natural gas production to meet local demand: Acting CEO 18 Sep 2022 - 10:35 am

The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company's acting chief executive officer Khaled Nayef...

Price caps, windfall taxes won’t fix Europe’s broken energy market 18 Sep 2022 - 08:43 am

Doha: European policymakers are facing an unprecedented constellation of shocks hitting the economy, including stagflation, the war in Ukraine and record-breaking heatwaves over...

QIIB launches Western Union’s International Money Transfer Services to Bank Accounts 18 Sep 2022 - 08:42 am

Doha: QIIB has announced the launch of International Money Transfers to Bank Accounts using Western Union’s services via QIIB Mobile and Internet Banking....

QIB employees participate in beach clean-up drive in Al Khor 18 Sep 2022 - 08:40 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has organised a beach cleaning initiative on the occasion of the “International Coastal Cleanup...

Oil prices up after Basra spill, but log weekly decline: Al Attiyah Foundation 18 Sep 2022 - 08:39 am

Doha: Oil prices rose slightly on Friday as a spill at Iraq’s Basra terminal appeared likely to constrain crude supply, but remained down...

Anoud Tech implements ACORD Solutions Group’s ADEPT platform to drive digital data exchange 18 Sep 2022 - 08:35 am

Doha: Global InsurTech company Anoud Technologies (Anoud Tech), a subsidiary of QIC Group, has announced its successful deployment and integration of the ADEPT...

Qatar’s IPI up 7.8% Y-o-Y in July 2022 18 Sep 2022 - 08:34 am

Doha: Qatar’s Industrial Production Index (IPI) for July 2022 stood at 104.5 points, showing an increase of 4.8 percent compared to the previous...

FIFA World Cup Qatar 2022 to attract foreign investments: Official 18 Sep 2022 - 08:31 am

Doha: With only 63 days remaining before the FIFA World Cup Qatar 2022 kicks off, it is vital to promote the country’s economic...

UDC, Commercial Bank sign MoU to finance clients at The Pearl and Gewan Islands 18 Sep 2022 - 08:27 am

Doha: United Development Company (UDC), a leading Qatari shareholding company entered a memorandum of understanding (MoU) with the Commercial Bank (CBQ) with an...

Egypt to raise Suez Canal transit fees for ships in 2023 17 Sep 2022 - 07:44 pm

CAIRO: Egypt said on Saturday that it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal, one of the...

Serious breach at Uber spotlights hacker social deception 17 Sep 2022 - 04:16 pm

New York: The ride-hailing service Uber said on Friday that all its services were operational following what security professionals are calling a major...

Wall St drops to two-month lows as recession fears mount 16 Sep 2022 - 11:50 pm

NEW YORK: U.S. stocks ended in the red on Friday, falling to two-month lows as a warning of impending global slowdown from FedEx...

China plans sanctions on CEOs of Boeing Defense, Raytheon over Taiwan sales 16 Sep 2022 - 07:28 pm

BEIJING: China will impose sanctions on the chief executives of Boeing Defense and Raytheon over their involvement in Washington's latest arms sales to...

Rental growth in Dubai continues to remain at near historic highs, says CBRE 16 Sep 2022 - 09:42 am

Doha: In August 2022, the total volume of transactions in Dubai’s residential market registered 9,257, an increase of 70.5% compared to the prior...

$188bn worth of Sukuk issued in 2021 16 Sep 2022 - 09:40 am

Doha: The International Islamic Financial Market (IIFM) announced the launch of the 11th Edition of its Annual Sukuk Report. The research report provides...