Business /Qatar Business

Fitch affirms QIIB’s rating at ‘A’ with stable outlook 24 Jul 2024 - 09:46 am

Doha, Qatar: Leading international credit rating agency Fitch announced that it has affirmed QIIB’s rating at ‘A’ with a stable outlook, which indicates...

Vodafone Qatar reports 12.8% rise in net profit, 2.8% growth in service revenue for H1 24 Jul 2024 - 09:46 am

Doha, Qatar: Vodafone Qatar (“Vodafone Qatar” or the “Company”) announced its consolidated financial results for the six months ended 30 June 2024 which...

GWC posts QR100.4m net profit on revenues of QR748.3m in H1 24 Jul 2024 - 09:39 am

Doha, Qatar: Gulf Warehousing Company (GWC) – one of the fastest-growing businesses in the MENA region, has announced its financial results for the...

Baladna achieved a substantial revenue growth of 15% and net profit growth of 137% in H1 2024 23 Jul 2024 - 06:59 pm

Doha, Qatar, 24th July 2024: Baladna Q.P.S.C. the leading Dairy and Juice company in Qatar, disclosed its H1 2024 financial results yesterday, covering...

Snoonu founder secures first Mercure HEC Award for GCC in over two decades 23 Jul 2024 - 06:32 pm

Doha, Qatar: HEC Paris has awarded Hamad Mubarak Al Hajri, the Founder and CEO of Snoonu, the prestigious 2024 Mercure HEC Award for...

Moody’s affirms QIIB’s rating at A2/Prime-1 with stable outlook 23 Jul 2024 - 10:04 am

Doha, Qatar: Moody’s Ratings has affirmed QIIB rating at (A2/Prime-1) with a stable outlook, confirming that the bank has high liquidity, strong profitability...

QIB launches “Request to Pay” feature on Fawran instant payment service 23 Jul 2024 - 10:00 am

Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of Request to Pay feature on its Fawran instant...

Qatar Chamber holds workshop on SDGs 23 Jul 2024 - 09:29 am

Doha, Qatar: The Qatar Chamber (QC) recently held a workshop titled “International Expert on Sustainable Development Goals 2030 (SDGs) Applications” in cooperation with...

Alijarah’s profits surge 12.8% in first half of 2024 23 Jul 2024 - 09:29 am

DOHA: The net profits of the National Leasing Holding Company (Alijarah) increased by 12.8 percent in the first half of 2024 to reach...

Realty sector records 42% rise in mortgage transactions in Q2 23 Jul 2024 - 09:27 am

Doha, Qatar: The volume of mortgage transactions achieved during second quarter (Q2) of this year reached 376 transactions with a total amount of...

QNB signs flagship deal with Chartered Institute of Marketing to upskill staff 23 Jul 2024 - 09:25 am

Doha, Qatar: QNB, the largest financial institution in the Middle East and Africa, and the Chartered Institute of Marketing (CIM) have announced a...

Revenues for paper products in MEA expected to reach $16.4bn by 2030 22 Jul 2024 - 10:14 am

Doha, Qatar: The expansion of the office and education sectors in the Middle East and Africa (MEA) is driving significant growth in the...

QNB wins Best Retail Bank for Digital Customer Experience in Qatar and Middle East 22 Jul 2024 - 10:10 am

Doha, Qatar: QNB, the largest financial institution in the Middle East and Africa, has been awarded the prestigious title of “Best Retail Bank...

Distribution of interim dividends to attract foreign investors 22 Jul 2024 - 10:09 am

Doha, Qatar: New rules allowing the distribution of interim dividends by Qatar Stock Exchange (QSE) listed firms brings the local market in-line with...

QIIB net profit surges 6.5% to QR655m in H1 22 Jul 2024 - 10:07 am

Doha, Qatar: Chairman of QIIB Board of Directors, Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, reported the financial results of Qatar...

Qatar Investment Authority to redevelop 8 Canada Square in Canary Wharf 21 Jul 2024 - 09:56 am

Doha, Qatar: Qatar Investment Authority (QIA) and Canary Wharf Group (“CWG”) have released the first images of architectural plans that display the ambition...

Bank of England is set to start monetary easing cycle 21 Jul 2024 - 09:53 am

DOHA: Amongst the advanced economies, the UK has experienced one of the worst post-Covid inflation outbursts. In response, the Bank of England (BoE)...