Business News
Aamal disclosed the interim financial statement for the six months ending June 30, 2022. The financial statements revealed a Net Profit of QR 156,433,548 compared to a net profit of QR 129,487,652 for the same period of the previous year, the Qata..
United Development Company (UDC) disclosed the interim financial statement for the six-month period ending June 30, 2022. The financial statements revealed a net profit of QR 167,600,000 compared to a net profit of QR 135,781,000 for the same peri..
Ooredoo announced today that it recorded a profit of QR 1.474 billion in the first half of 2022, compared to a loss of QR956.2 million in the same period of last year. The company said in a statement today that EPS for the period was QR0.46, compa..
Qatar Central Bank (QCB) announced Wednesday it is raising the deposit rate 75 basis points to 3 percent. QCB also raised the lending rate 50 basis points to 3.75 percent. The central bank sighted the evolving domestic and international macroec..
Investment in Industry In line with its National Vision 2030, Qatar has worked to shift its developmental focus away from oil and natural gas by working towards economic diversification. An integral part of this diversification is the participatio..
The Qatari economy achieved a Real Economic Growth Rate - at constant prices - of 2.5 percent during the first quarter of 2022 on an annual basis, according to the preliminary estimates of the gross domestic product (GDP) issued in a press release by..
Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman Osama Rabea said on Monday. A statement from the authority attributed the rise to an increas..
Amazon.com Inc (AMZN.O) founder Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies running gasoline stations to lower their pric..
The Qatar Central Bank (QCB) announced Saturday that more than 25,000 local transactions, worth more than QR 230 million, were executed within the first 24 hours of the start of the money transfer service outside official working hours. QCB had ea..
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