QNB Group’s Net profit increased by 8 percent in the first nine months of 2023, reaching QR 11.9 billion, compared to QR 11 billion in the same period last year.
Total Equity increased to QR 109 billion, up by 2 percent from the period ending on …
QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) today announced that they have secured $4.4 billion financing for the Ras Laffan Petrochemicals project, a world scale integrated polymers complex in Ras Laffan Industrial City, Qatar….
Prices of 21-karat gold, the highest demand at local market, on Monday stood at JD37.90 per gramme, as purchasing price, against JD36.40 as selling price.According to the Jordan Jewelers Association’s daily bulletin, the price of 24-karat and 18-k…
Oil prices were up in Asian trade on Monday due to escalating geopolitical risks and expectations of further volatility.
Brent crude rose $5.11, or 4.23%, to $87.02 a barrel, while US West Texas Intermediate crude was at $88.76 a barrel, up $4.94…
The National Electric Power Company (NEPCO) has entered into a pivotal agreement with the Japan International Cooperation Agency (JICA), in a significant move towards bolstering Jordan’s electrical infrastructure.This agreement, signed on Monday, …
Oil prices soared more than four percent on Monday morning, due to developments in the situation in the occupied Palestinian territories.
Brent jumped 4.7 percent to $86.65 and West Texas Intermediate was up 4.5 percent at $88.39 in early Asian b…
Qatar Central Bank (QCB) issued Monday instructions for lending-based crowdfunding, with the aim of licensing and regulating lending-based crowdfunding service providers in the country.
This issuance comes in line with the financial sector strate…
Industries Qatar (IQ) announces the completion of acquisition of 100% shares of Al Qataria for Production of Reinforcing Steel W.L.L “Al-Qataria” by its fully owned subsidiary Qatar Steel Q.P.S.C “Qatar Steel” for a total consideration of QR 346 m…
The Qatar Chamber (QC) announced on Monday that it has become a member of the International Federation of Freight Forwarders Associations (FIATA), which is the largest world organizations that includes all freight forwarders worldwide.
The announ…
Qatar Stock Exchange index lost 50.82 points at the beginning of Monday’s trading, or 0.51%, to fall to the level of 9950 points compared to the end of Sundays trading.
Qatar Stock Exchange figures attributed the recorded decline in the general i…
Qatar Stock Exchange (QSE) general index ended today’s trading with a decline of 1.65 percent, by 164.94 points, to close at 9,836.22 points.
During today’s session, 182,353,142 shares were traded, with a value of QR 461,368,470.932, as a result …
Gold prices climbed more than 1% on Monday as geopolitical escalations over the weekend spurred a rush to safe-haven investments like bullion.
Spot gold jumped 1.2% to $1,853.79 per ounce, having hit its highest level in a week. US gold futures c…
Qatari Businesswomen Association (QBWA) and the Greater Washington Hispanic Chamber of Commerce (GWHCC) signed Monday a memorandum of understanding (MoU) to encourage and facilitate economic cooperation between the two parties and to facilitate an…
Economic analysts expected gold prices to rise. Analysts said that escalating geopolitical risks may prompt a buying wave of assets such as gold and the dollar, and may also boost demand for US Treasury bonds.
Chief market analyst at Spartan Capi…
The Qatar Financial Center Authority (QFCA), the legal and tax arm of the Qatar Financial Center (QFC), and Kigali International Financial Center (KIFC) have renewed their agreement to jointly foster financial sector development in their respectiv…
The general index of Qatar Stock Exchange (QSE) dropped 20.39 points, or 0.20%, at the beginning of Sunday’s trading to reach the level of 10,042 points, compared to Thursday’s closing.
The performance of QSE general index was weighed down by a d…
International reserves and foreign currency liquidity of Qatar Central Bank (QCB) jumped in September 2023 by 12.8% to reach QR 242.739 billion, compared to QR 215.189 billion in September 2022.
The figures issued Sunday by QCB showed an increase…
Arab investments have boosted the local industry’s performance and increased production volume, said President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir.He told the Jordan News Agency (Petra) that the industrial sector in Jordan has nu…
The industrial chambers of Jordan, Amman, Zarqa, and Irbid have jointly announced the commencement of a fundraising campaign aimed at supporting the resilience of the people in the Gaza Strip.In a joint statement released on Sunday, the chambers c…
General Authority of Customs (GAC) announced that 16 new companies have joined GAC’s program dubbed: ‘Authorized Economic Operator,’ which is being implemented to upgrade partnership and cooperation with private sector companies.
GAC called on ot…
HE Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Ahmad Al Sayed met with Commissioner for the State of North Dakota’s Department of Commerce in the United States of America Josh Teigen and his accompanying delegation.
Held at…
Qatar National Bank (QNB) said that the economic growth in Emerging markets (EM) will converge to a more moderate pace than in previous decades, given a slowdown of the Chinese economy, high interest rates with tighter financial conditions, and we…
Investment Minister Kholoud Saqqaf opened the Arab Economic Conference on Saturday, emphasizing the theme of “Sustainable Development and Empowering Promising Investment Opportunities.”
Iraqi government members, including Minister of Industry and…
The Qatar Chamber’s Insurance Committee recently held a meeting to discuss strategies for developing the state’s insurance sector.
Chaired by QC Chairman and Chairperson of the Committee, HE Sheikh Khalifa bin Jassim Al-Thani, the meeting include…
HE Minister of Commerce, Transport, Industry, and Tourism of the Republic of Burundi, Marie Chantal Nijimbere, stressed the Burundian government’s interest in bolstering economic cooperation with Qatar, attracting Qatari investments to her country…
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