Business News
Ooredoo Group's net profits increased by 20 percent in the first half of 2023 to reach QR 1,794,852,000 in comparison to Net Profit QR 1,497,971,000 for the same period of the previous year, driven by strong revenue growth, free cash flow, increa..
Qatar National Bank (QNB) Group has predicted a recession in the US economy during the upcoming 12 months, pointing out that the US economy continues to demonstrate its resilience despite significant headwinds from high inflation, tighter financial c..
Qatar Central Bank issued today a list of sectors that will benefit from not increasing the interest rate on existing credit facilities at banks. The exempted sectors include the housing sector and consumer loans for Qataris (including private hou..
The volume of real estate trading in sales contracts at Department of Real Estate Registration at the Ministry of Justice during the period from July 16 to July 20 2023 reached QR 418,731,129. The weekly bulletin issued by the Department shows tha..
Qatar Central Bank (QCB) announced on Thursday, July 27, 2023, that - upon the state's directives, it has decided to exempt customers from paying any additional costs on consumer financing, on loans granted against customers' salaries, and on..
Doha Bank posted a net profit of QR392 million for the first half of 2023, announced Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, the Chairman of the Board of Directors of the bank. This is after taking additional provisions for the first half of..
The Qatar Central Bank (QCB) has announced that it will raise the interest rate by 25 basis points. It said the decision to raise the interest rate will come into effect from Thursday. According to the bank’s official account on Twitter, it ..
Qatar Airways, British Airways, and Iberia, the national carriers of Qatar, the United Kingdom, and Spain are joining forces in the largest joint operations alliance between airlines. Qatar Airways said in a statement today that Iberia is joining ..
HE Minister of State for Energy Affairs, the President and CEO of QatarEnergy Eng. Saad bin Sherida Al Kaabi said gas will be needed as a safer reliable base load in the energy mix for most nations for decades well beyond 2050. In his keynote spee..
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