Business

GWC posts QR225m net profit for 2021 26 Jan 2022 - 09:00 am

Doha: GWC yesterday reported net profit of QR225m for the financial year ending December 31, 2021, with gross revenues reaching QR1.3bn at the...

Qatar has supporting infrastructure for startups: Experts 26 Jan 2022 - 08:38 am

Doha: Qatar affirms importance on supporting entrepreneurship and the adoption of small and medium enterprises (SMEs) in line with Qatar National Vision 2030...

Mekdam Holding holds EGM 26 Jan 2022 - 08:38 am

Doha: Mekdam Holding Group said that Extraordinary General Assembly Meeting (AGM) was held yesterday. The meeting approved amending article no. 28 of the...

Google-backed ‘Cuemath’ forays into Qatar market 26 Jan 2022 - 08:36 am

Doha: Global EdTech company, Cuemath- the one-on-one personalised math learning platform backed by Google- has announced its formal market entry to Qatar. Cuemath’s...

QSE addresses Al Mannai Corporation for high share trading volume 26 Jan 2022 - 08:35 am

Doha: The management of the Qatar Stock Exchange (QSE) addressed the Al Mannai Corporation with regard to the increase in trading volume for...

Women-led BRIME aims to spur blockchain revolution in Qatar 26 Jan 2022 - 08:24 am

Doha: Blockchain technology will disrupt the markets, industry experts continue to say. And in Qatar, the women-led Blockchain Research Institute Middle East (BRIME)...

J&J expects COVID vaccine sales to jump as much as 46% in 2022 25 Jan 2022 - 04:11 pm

Johnson & Johnson said on Tuesday it expects to generate as much as $3.5 billion from the sale of its COVID-19 vaccine this...

More expensive cars help Maruti Suzuki beat profit forecasts 25 Jan 2022 - 04:03 pm

Maruti Suzuki India Ltd., the nation's biggest carmaker, reported better-than-expected quarterly income, as higher vehicle prices and cost cuts boosted margins. Net income...

World Bank blames Lebanon's rulers for economic meltdown 25 Jan 2022 - 01:55 pm

BEIRUT:The World Bank accused Lebanon’s political class of orchestrating the country's economic collapse, warning in a report released Tuesday that the meltdown is...

Unilever to cut 1,500 management jobs in overhaul 25 Jan 2022 - 12:37 pm

London: Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders' concerns after a failed...

Kuwait approves Credit Bank capital hike: Finance minister 25 Jan 2022 - 11:08 am

DUBAI: Kuwait's government agreed with a housing parliamentary committee to increase the capital of Kuwait Credit Bank by 300 million dinars ($993.31 million)...

Nakilat takes delivery, management of fourth newbuild LNG carrier 25 Jan 2022 - 08:59 am

Doha: Nakilat has taken delivery of a newbuild LNG carrier, ‘Global Sealine’, which will be commercially and technically managed in-house by Nakilat Shipping...

OBG signs MoU with Qatar Chamber 25 Jan 2022 - 08:58 am

Doha: The investment opportunities emerging across high-potential sectors of Qatar’s economy, including logistics, advanced manufacturing, sport and digital technologies, will be explored in...

Barwa Real Estate to sell shares in Al Imtiaz Investment Group 25 Jan 2022 - 08:57 am

Doha: Barwa Real Estate Company said yesterday that it intends to sell its shares in Al Imtiaz Investment Group Company, which is a...

QIIB net profit rises over QR1bn with 7% growth in 2021 25 Jan 2022 - 08:51 am

Doha: Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman of QIIB’s Board of Directors, released QIIB’s financial statements for the financial...