Business

Ferrari hands new CEO greater powers to aid electric push 10 Jan 2022 - 12:40 pm

Ferrari NV is revamping its organizational structure and hiring managers with a technology background as new Chief Executive Officer Benedetto Vigna tries to...

Technology advancements in banking sector on rise 10 Jan 2022 - 08:00 am

Doha: With technological advancements in the Qatari banking sector on the rise, especially within the post-COVID-19 and pre-FIFA World Cup 2022 context, banks...

Jordan’s exports to Qatar reach QR468m in 2021 10 Jan 2022 - 07:58 am

The value of Jordan’s exports to Qatar amounted to QR468m, while imports were worth QR192m in 2021, bringing trade surplus to QR276m in...

Vodafone, Microsoft boost strategic partnership 10 Jan 2022 - 07:55 am

Doha: Vodafone Qatar and Microsoft yesterday announced that the companies are building on their existing partnership in order to provide more digital solutions...

Qatar Financial Centre registers 282 new firms to its platform in 2021 09 Jan 2022 - 03:22 pm

Doha: Qatar Financial Centre (QFC), a leading onshore financial and busineWss centre in the region, witnessed another year of growth as COVID-19 pandemic...

Qatar’s real estate projects on track despite Omicron 09 Jan 2022 - 09:18 am

Doha: Real estate projects in Qatar may experience a temporary slowdown in their pace due to the rising number of Omicron cases which...

Masraf Al Rayan’s asset quality to remain healthy 09 Jan 2022 - 09:17 am

Doha: The asset quality of Masraf Al Rayan is expected to remain healthy and is expected to remain cost efficient, according to a...

Oil gains 5% in a week on supply concerns 09 Jan 2022 - 09:16 am

Doha: Oil prices settled lower on Friday, as the market weighed supply concerns from the unrest in Kazakhstan and outages in Libya against...

Risks to outlook for Euro area economy 09 Jan 2022 - 09:14 am

Doha: The Euro area economy contracted sharply in 2020 due to the outbreak of the pandemic, but has experienced a strong recovery in...

Billionaire Watsa-backed Indian lender says CEO to retire early 08 Jan 2022 - 02:33 pm

CSB Bank Ltd., a small-sized Indian lender backed by billionaire Prem Watsa, said its top executive is retiring due to health issues. C.VR....

QDF launches Moncler’s first-ever own line of fragrances 07 Jan 2022 - 12:18 pm

Qatar Duty-Free (QDF) kicked off 2022 with the worldwide travel retail exclusive launch of Moncler’s first-ever own line of fragrances. Moncler Pour Femme...

Shares begin 2022 on bullish note 07 Jan 2022 - 09:08 am

Starting the new year on a bullish note, Qatari stocks have registered impressive gains in the first week of 2022. The Qatar Stock...

Qatar Stock Exchange index soars over 200 points 06 Jan 2022 - 10:02 am

Shrugging off the concerns about rising COVID-19 cases, shares in the local bourse have surged on investor optimism. Qatar Stock Exchange (QE) index...

QEWC signs pact to acquire 40% stake in Nebras for $530m 06 Jan 2022 - 09:58 am

Doha: Qatar Electricity and Water Company (QEWC) announced yesterday it will buy the remaining 40 percent of Nebras Power from Qatar Holding for...

QIB receives two prestigious awards from EMEA Finance 06 Jan 2022 - 09:55 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has recently received two prestigious awards: “Best Islamic bank in Qatar” for the fifth...

Higher oil prices help Mideast return to growth 06 Jan 2022 - 09:55 am

Doha: On the back of higher oil prices and a stronger global economic environment, the Middle East returned to growth in 2021, with...

Nike sues Lululemon over Mirror Home Gym, apps 05 Jan 2022 - 11:52 pm

NEW YORK- Nike Inc on Wednesday filed a lawsuit accusing Lululemon Athletica Inc of patent infringement for making and selling the Mirror Home...

Banks public sector deposits grow 12% in Nov 05 Jan 2022 - 09:28 am

Doha: The banking sector in Qatar demonstrated resilience and has registered an impressive growth in November. Qatar’s commercial banks have witnessed a increase...