Business

Vodafone Qatar reports highest quarterly net profit 23 Apr 2020 - 09:56 am

Doha: Vodafone Qatar reported a net profit of QR48m for the first quarter of 2020, representing an increase of 10 percent year-on-year; the...

More SMEs shifting to online stores in Qatar 23 Apr 2020 - 09:54 am

Doha: There are more small and medium-sized enterprises (SMEs) in Qatar now shifting into online stores and are now trying to build a...

GCC banks to generate positive net income in 2020: S&P 23 Apr 2020 - 09:45 am

Doha: The strength of earning capacity of banks in the GCC will help them navigate the shocks related to COVID-19 and the oil...

Milaha reports 2% increase in net profit for Q1, 2020 23 Apr 2020 - 09:39 am

Doha: Qatar Navigation (Milaha) yesterday announced a net profit of QR283m for the first quarter of 2020, an increase of 2 percent, compared...

Additional support for private sector soon: Minister Al Kuwari 23 Apr 2020 - 09:38 am

Doha: Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari on Tuesday met with the representatives of the Qatari Businessmen...

Qatar Petroleum signs deal to reserve shipyard capacity in China 22 Apr 2020 - 12:44 pm

Doha, Qatar: Qatar Petroleum announced today that it has entered into an agreement to reserve LNG ship construction capacity in China to be...

Qatar participates in GCC Financial and Economic Cooperation Committee meet 22 Apr 2020 - 09:24 am

Doha: Minister of Finance H E Ali Shareef Al Emadi participated in the 111th Meeting of the GCC Financial and Economic Cooperation Committee,...

Commercial Bank reports net profit of QR402m for Q1, 2020 22 Apr 2020 - 09:10 am

Doha: The Commercial Bank, its subsidiaries and associates (Group) announced reported a net profit of QR402m for the first quarter of 2020, as...

Industries Qatar posts net profit of QR204m for first quarter 22 Apr 2020 - 08:56 am

Doha: Industries Qatar (IQ), one of the region’s industrial giants with holdings in petrochemical, fertilizer and steel producers, reported a net profit of...

Vodafone launches new HTC Vive Cosmos 22 Apr 2020 - 08:56 am

Doha: Vodafone Qatar has launched HTC Vive Cosmos, the very latest premium PC-based virtual reality (VR) gaming unit promising gamers a more fully...

Qatar’s telecom, utilities sectors remain immune to COVID-19 jitters 22 Apr 2020 - 08:27 am

Doha: Utilities and telecom are the least affected sectors in Qatar in the COVID-19 pandemic impact. Consumer and health sectors were barely affected,...

Apicorp ratifies landmark increase in callable capital to $8.5bn 21 Apr 2020 - 09:39 am

Doha: The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution, announced yesterday that its General Assembly ratified a landmark increase in...

Ezdan Holding Group records a net profit of QR118.01m for first quarter 21 Apr 2020 - 09:35 am

Doha: Ezdan Holding Group announced its financial results for the first quarter ended March 31, 2020, showing a net profit of QR118.01m, compared...

Tesla emerges Saxo Bank’s most traded Q1 stock in GCC 21 Apr 2020 - 09:31 am

Doha: Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, has named Tesla as the most traded stock among its...

Nakilat's first quarter net profit increases by 18% to QR279.5m 21 Apr 2020 - 08:27 am

Doha: Qatari shipping and maritime giant Nakilat has reported a net profit of QR279.5m for the first quarter of the year ended March...

QICCA to hold distance seminar on ‘Current Challenges for Arbitration’ 21 Apr 2020 - 08:27 am

Doha: The Qatar International Center for Conciliation and Arbitration (QICCA) at Qatar Chamber will hold a distance seminar today about the “Current Challenges...

Energy, real estate big drag on 2019 GCC earnings 21 Apr 2020 - 08:23 am

Doha: The large cap sectors including energy, materials and real estate, dragged down the earnings of GCC companies in 2019. The total earnings...

Oil futures plunge below zero for first time in unprecedented wipeout 20 Apr 2020 - 10:19 pm

Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse...