Business

Fed’s Barr says AI risks amplifying bias and errors in lending 18 Jul 2023 - 07:00 pm

The top US bank regulator says that lenders need to ensure that artificial intelligence tools don’t perpetuate biases and discrimination in credit decisions....

Profits of QatarEnergy jump to QR154.6 billion in 2022 18 Jul 2023 - 01:43 pm

Doha, Qatar: A report issued by QatarEnergy revealed a jump in the company's net profits by about 58 percent in 2022, to reach...

Residential sector upbeat with rising projects 18 Jul 2023 - 08:26 am

Doha, Qatar: Qatar’s housing market is witnessing a positive momentum with numerous projects lined up since the first quarter of the year. According...

Commercial Bank posts QR1,554.3m net profit in H1, 2023 18 Jul 2023 - 08:25 am

The Peninsula — Doha The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced yesterday its financial results for the half...

ConocoPhillips Qatar welcomes Bill Arnold as new President 18 Jul 2023 - 08:21 am

Doha, Qatar:ConocoPhillips has announced the appointment of Bill Arnold (pictured) as the new president of ConocoPhillips Qatar (COPQ), effective April 2023. Arnold succeeds...

How Middle East is leading chase in game-changing clean energy technologies? 18 Jul 2023 - 08:17 am

Doha, Qatar:Oil-rich Gulf countries are turning to another form of energy production that could transform their economies and curb carbon emissions in the...

Qatar to host International Conference and Exhibition on Liquefied Natural Gas 17 Jul 2023 - 10:26 am

Doha, Qatar: The State of Qatar will host the 21st International Conference & Exhibition on Liquefied Natural Gas “LNG 2026”, a preeminent world...

QIB profit grows by 7.7% to reach QR1,955m in H1, 2023 17 Jul 2023 - 08:20 am

Doha, Qatar:Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended June 30, 2023. Net...

TotalEnergies Refining and Chemicals Qatar commends JV partner Qatargas for exceptional safety performance 17 Jul 2023 - 08:18 am

Doha, Qatar:TotalEnergies Management Committee for Refining and Chemicals (R&C) in Middle East, Asia, and Africa has recognized Qatargas for their exceptional safety performance,...

Dukhan Bank posts net profit of QR761m for six months 17 Jul 2023 - 08:16 am

Doha:Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the six-month...

Qatar’s trade surplus reaches QR18.2bn in May 17 Jul 2023 - 08:13 am

Doha: Qatar’s merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR18.2bn in May 2023, a...

CPI rises by 2.49 percent in June 16 Jul 2023 - 08:52 am

Doha, Qatar: The Consumer Price Index (CPI) of June 2023 reached 105.71 points showing an increase of 2.49 percent when compared to CPI...

European Central Bank sets stage for additional tightening 16 Jul 2023 - 08:49 am

Doha, Qatar: The European Central bank raised its policy interest rates once again in June, reaffirming its most aggressive tightening cycle on record...

Prospective events to bolster Qatar’s economy, attract foreign investors 16 Jul 2023 - 08:38 am

Doha, Qatar: Events lined up in Qatar in 2023 and the years ahead affirm the country’s path towards a stronger economy by attracting...

Oil prices fall on profit-taking, still record weekly gain 16 Jul 2023 - 08:29 am

Doha, Qatar: Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked profits from...

Qatar, Hungary discuss ways to strengthen bilateral relations 16 Jul 2023 - 08:24 am

Doha, Qatar: Hungary hosted the third session of the Qatari-Hungarian Joint Economic Committee. H E Sheikh Mohammed bin Hamad bin Qassim Al Thani,...

Pfizer’s $43 billion Seagen takeover faces EU investigation 15 Jul 2023 - 06:39 pm

Pfizer Inc.’s proposed $43 billion takeover of Seagen Inc. will face an investigation from the European Union’s merger enforcer as the bloc continues...