Business

QInvest advises QTerminals on acquisition of Akdeniz Port in Turkey 27 Oct 2020 - 09:21 am

QInvest, the leading investment bank in Qatar, has advised Qatari port operator, QTerminals, on a sale and purchase agreement for the acquisition of...

QDB’s direct lending to SMEs reaches QR9bn: CEO Al Khalifa 27 Oct 2020 - 09:17 am

The direct lending portfolio of Qatar Development Bank (QDB) has reached QR9bn, said the Chief Executive Officer of the state-owned Bank, Abdulaziz bin...

QIIB records QR785m net profit for third quarter 27 Oct 2020 - 09:11 am

Doha: Leading Islamic lender QIIB has recorded a net profit of QR785m in the third quarter of 2020, compared to QR777m net profit...

Qatar's weekly property sale reaches QR469.8m: Ezdan Real Estate report 27 Oct 2020 - 09:06 am

Doha: As many as 155 property sales have been completed with a total value of QR469.8m from October 11-15 in Qatar, with building...

Mannai Corporation reports QR1.7bn gross profit for nine months 27 Oct 2020 - 09:03 am

Doha: Mannai Corporation QPSC, yesterday announced its third quarter results for the period ended September 30, 2020. Mannai Corporation reported a growth in...

Barwa to develop new real estate projects from QR10bn land bank 27 Oct 2020 - 08:59 am

Barwa Real Estate is currently in the process of identifying new real estate projects it will develop from its land bank which is...

Vodafone Qatar profit grows to QR127m 27 Oct 2020 - 08:54 am

Doha: Vodafone Qatar announced yesterday net profit of QR127m for the nine months ended September 30, 2020, reflecting strong growth of 17% from...

Al Kaabi: LNG is ideal fuel for India 27 Oct 2020 - 08:51 am

Doha: Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum (QP), H E Saad Sherida Al Kaabi, took part...

Lufthansa says 30,000 jobs at risk over pandemic 26 Oct 2020 - 03:21 pm

Frankfurt am Main: Germany's Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not...

JRE expands presence in Lusail Fox Hills 26 Oct 2020 - 08:41 am

Doha: Just Real Estate, Qatar’s leading property service provider, announced yesterday the launch of its first property in Lusail Fox Hills, Tulip Residence,...

QFC virtually connects world’s financial hubs to Qatar’s buoyant market 26 Oct 2020 - 08:36 am

Doha: Qatar Financial Centre (QFC) successfully organised a line-up of engaging virtual events spanning across three days including the 2020 Annual General Meeting...

Commercial Bank nine-month profit at QR1.15bn 26 Oct 2020 - 08:33 am

Doha: The Commercial Bank, its subsidiaries and associates (Group) announced yesterday a net profit of QR1.15bn for the nine months ended September 30,...

COVID-19 created challenges for accounting world: KPMG 26 Oct 2020 - 08:28 am

Doha: The coronavirus pandemic has created a lot of difficulties and challenges for the accounting world, including internal auditors and other accounting professionals,...

QIB empowers customers to update personal information through mobile app 26 Oct 2020 - 08:15 am

Doha: Qatar Islamic Bank (QIB), the largest private bank in Qatar, announced yesterday the introduction of new features to its award-winning Mobile App,...

Barwa launches construction works of ‘Madinatna’ and ‘Barahat Al Janoub’ 25 Oct 2020 - 04:50 pm

Doha: Barwa Real Estate launched the construction works for two upcoming projects in Al Wakrah City. The first is ‘Madinatna’, which is a...

GECF, IRENA advance energy transformation 25 Oct 2020 - 08:53 am

Doha: Upon the GECF invitation Francesco La Camera, Director-General of the International Renewable Agency (IRENA) gave a lecture at the 46th edition of...

Al Attiyah Foundation: Weekly energy market review 25 Oct 2020 - 08:49 am

Doha: Oil fell nearly 2 percent on Friday, finishing lower for the week, in anticipation of a surge in Libyan crude supply and...

COVID-19 offers rocky path to a new normal for global economy 25 Oct 2020 - 08:41 am

Doha: The International Monetary Fund (IMF) recently published the October 2020 update of its World Economic Outlook (WEO). The WEO highlights the unprecedented...