Business

Qatar participates in 7th meeting of Arab Finance Ministry Undersecretaries 20 Jan 2022 - 08:55 am

Doha: The State of Qatar participated in the 7th meeting of the Undersecretaries of the Arab Ministries of Finance for the Arab Monetary...

KPMG in Qatar records strong growth in FY2021 20 Jan 2022 - 08:43 am

Doha: KPMG International has announced annual aggregated revenues for KPMG firms globally of $32.13bn for the fiscal year (FY) ending September 30, 2021,...

Qatar to experience strong economic recovery in 2022 20 Jan 2022 - 08:42 am

Doha: At a time when the global economy is facing a slowdown, Qatar’s economy is expected to stage a strong recovery. While the...

Commercial Bank net profit surges 77.1% to QR2.304bn in 2021 20 Jan 2022 - 08:29 am

Doha: The Commercial Bank (the Bank), its subsidiaries and associates (Group) yesterday reported a net profit of QR2.304bn for the year ended December...

Inventus Power inaugurates engineering and manufacturing facility in Qatar Free Zones 20 Jan 2022 - 08:16 am

Doha:‘Inventus Power’ Company – a global US based leader in advanced battery technology & manufacturing – and ‘Qatar Free Zones Authority (QFZA)’ inaugurated...

Unilever will not increase 50-billion-pound offer for GSK consumer arm 19 Jan 2022 - 08:00 pm

Dove soap maker Unilever PLC said on Wednesday it would not increase its 50-billion-pound ($68 billion) proposal to buy GSK's consumer healthcare business....

Occupancy rates of Ezdan’s Al Wakra Villages hit record 95% 19 Jan 2022 - 08:24 am

Doha:Ezdan Real Estate Company, the major real estate developer, announced that occupancy rates have exceeded 95 percent in most residential villages in Al...

GCC records 72 M&A deals in Dec 19 Jan 2022 - 08:18 am

Doha: As many as 72 mergers and acquisition (M&A) deals have been announced or closed in the GCC in December, according to a...

QIIB brings Apple Pay to customers 19 Jan 2022 - 08:13 am

Doha:QIIB has brought its customers Appe Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment...

Mandatory insurance to contribute upto QR2.2bn to healthcare industry 19 Jan 2022 - 07:57 am

Doha: Mandatory health insurance will improve the quality of services in the health care sector and contribute positively to the economy. Compulsory health...

Oil prices hit 7-year highs as tight supply bites 18 Jan 2022 - 03:09 pm

London: Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf...

Female-backed VC firm to boost crypto bets with new fundraise 18 Jan 2022 - 08:53 am

Blossom Capital has raised $432 million to back early-stage tech startups in Europe, a third of which has been earmarked for cryptocurrency investments,...

QC, Germany’s NUMOV review enhancing cooperation ties 18 Jan 2022 - 08:20 am

Doha: Qatar Chamber (QC) First Vice-Chairman Mohamed bin Towar Al Kuwari yesterday met with a German delegation representing the German Near and Middle...

Microsoft, Atos strengthen relationship to drive tech sector development in Qatar 18 Jan 2022 - 08:18 am

Doha: Microsoft and Atos, two leaders in cloud technology, have expanded their 20+ year global alliance to Qatar to jointly address the accelerated...

Blockchain technology elevates quality and cuts cost for companies 18 Jan 2022 - 08:13 am

Doha: Small and Medium Enterprises (SMEs) have opportunity to operate their businesses by adopting blockchain technology. This technology is shifting the enterprise paradigm...

Qatar Chamber partakes in Joint Arab-Foreign Chambers’ annual coordinating meeting 18 Jan 2022 - 08:10 am

Doha: Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber (QC), who is also Vice-President of the Arab-British Chamber of Commerce (ABCC)...

Qatar’s construction sector bounces back in 2021 18 Jan 2022 - 08:08 am

Despite facing several headwinds due to coronavirus pandemic outbreak, Qatar’s construction sector has staged a strong bounce back in 2021. The building permits...

Omani Ministry of Energy, BP sign strategic framework agreements 17 Jan 2022 - 12:30 pm

Muscat: Omani Ministry of Energy and Minerals signed strategic framework agreements with BP with the plan of delivering a multiple gigawatt world-class renewable...