Business

Microsoft's Activision Blizzard $68.7bn deal gets global scrutiny 01 Sep 2022 - 08:40 pm

California: Microsoft’s plan to buy video game giant Activision Blizzard for $68.7bn could have major effects on the gaming industry, transforming the Xbox...

US sought records on Binance CEO for crypto money laundering probe 01 Sep 2022 - 05:08 pm

LONDON: US federal prosecutors asked Binance, the world's largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with...

Boeing expects MAX 7 to be certified before MAX 10 01 Sep 2022 - 11:24 am

NEW DELHI: Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10...

QFC Authority, UBS Asset Management to collaborate on innovative sustainable private markets initiative 01 Sep 2022 - 08:31 am

Doha: Qatar Financial Centre Authority, the legal and tax arm of the Qatar Financial Centre (“QFC”), a leading onshore financial and business centre...

Qatar banking sector’s total assets reach QR1.816 trillion in July 01 Sep 2022 - 08:30 am

Doha: Qatar Banking sector’s total assets declined by 1.6 percent month-on-month (MoM) (-0.6% in 2022) in July 2022 to QR1.816 trillion. Banking sector’s...

Qatar Chamber holds training on anti-money laundering 01 Sep 2022 - 08:29 am

Doha: A two-day training course titled ‘Anti-Money Laundering’ was recently organised by Qatar Chamber with broad participation from representatives of many governmental, semi-governmental,...

QIIB, Visa launch FIFA World Cup Qatar 2022 promotional campaign 01 Sep 2022 - 08:25 am

Doha: In collaboration with Visa, QIIB launched a promotional campaign allowing 34 customers of its Visa credit/debit cardholders to win prizes including two...

Qatar’s Microsoft datacenter region, a template for future global launches: Official 01 Sep 2022 - 08:23 am

Doha: Qatar’s first Microsoft datacenter region, which was officially launched by the Ministry of Communications and Information Technology (MCIT) and Microsoft yesterday, provides...

QatarEnergy Renewable Solutions and QAFCO launch world’s largest Blue Ammonia facility 01 Sep 2022 - 08:21 am

Doha: QatarEnergy’s affiliates, QatarEnergy Renewable Solutions and Qatar Fertiliser Company (QAFCO) signed agreements yesterday for the construction of the Ammonia-7 Project, the industry’s...

Qatar’s PPI surges 51.35% Y-o-Y in July 01 Sep 2022 - 08:17 am

Doha:The Monthly Producer Price Index (PPI) for July 2022 is estimated at 162.34 points showing an increase of 2.41 percent, when compared to...

QNB celebrates FIFA World Cup activities across Qatar's shopping malls in partnership with Visa 01 Sep 2022 - 08:15 am

Doha:QNB Group, the official supporter of the FIFA World Cup 2022 in the Middle East and Africa, has launched a new and exciting...

Commercial Bank ranks at top in 2022 Euromoney Digital Rankings 01 Sep 2022 - 08:11 am

Doha: Euromoney publication has ranked Commercial Bank as a Leader in Qatar in Digital Solutions, Corporate Banking, and Corporate Social Responsibility and was...

Oil heading for longest slump since 2020 amid growth concerns 31 Aug 2022 - 08:48 pm

London: Oil is headed for a third monthly decline, the longest losing run in more than two years, on concern that tighter monetary...

Gold heads for fifth monthly drop as Fed officials stay hawkish 31 Aug 2022 - 08:43 pm

Gold headed for a fifth straight monthly drop, the longest losing run in four years, as speeches by Federal Reserve officials indicate the...

Lone Star awarded $216.5 million in dispute with South Korea 31 Aug 2022 - 08:27 pm

South Korea was ordered to pay Lone Star Funds $216.5 million plus interest following a decade-long dispute over the US private equity firm’s...

Commercial Bank ranks at the top in 2022 Euromoney Digital Rankings 31 Aug 2022 - 08:07 pm

Doha: Euromoney publication has ranked Commercial Bank as a Leader in Qatar in Digital Solutions, Corporate Banking, and Corporate Social Responsibility and was...

Snap to cut 20% of staff, cancel projects in cost-cutting effort 31 Aug 2022 - 06:45 pm

New York: Snap Inc said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and...

Qatar to construct world's largest Blue Ammonia train 31 Aug 2022 - 06:03 pm

Doha: Industries Qatar (IQ) on Tuesday announced the award of a $1.06bn engineering, procurement and construction (EPC) contract for the construction of the...