Ministry of Municipality Launches 1st Phase of Qatar’s Real Estate Platform
The Ministry of Municipality announced Wednesday the details of its project to develop and launch the first phase of the State of Qatar’s real estate platform.
The platform collects real estate data from its various …
Consumer Price Index Sees 4.41% Increase in February 2023
Qatar’s Consumer Price Index (CPI) of February 2023 recorded an increase by 4.41% on an annual basis, reaching 105.34 points. When compared to CPI of January 2023, the index showing a decrease by 0.06%.
The …
Oil Prices Rises, Helped by Stronger OPEC Outlook for China
Oil prices rose in early Asia trade on Wednesday, recovering from the previous days plunge, as a stronger OPEC outlook on Chinas demand helped offset bearish global investor sentiment in the wake of the recent …
IPA Qatar Signs MoU with Knight Frank to Attract Foreign Investment to Qatari Real Estate Sector
The Investment Promotion Agency Qatar (IPA Qatar) has announced a partnership with Knight Frank, a UK-based global real estate consultancy to showcase Qatar’s real estate industry to international investors.
During the global real estate event, …
Investment Promotion Agency Qatar Highlights Qatari Real Estate Investment Opportunities at MIPIM 2023
The Investment Promotion Agency Qatar (IPA Qatar) organized the Qatar Pavilion at MIPIM 2023, in Cannes, France, offering visitors an exclusive look at the latest real estate projects and investment opportunities in Qatar. The pavilion …
Qatar Stock Exchange Drops 1 Percent\
Qatar Stock Exchange (QSE) index dropped 102.30 points, or 1 percent to close trading at 10,113.73 points on Wednesday.
In today’s session , the volume of shares traded was 74,197,575 with total value of QR …
Ezdan’s Net Income Jumps 42% YoY
Ezdan Holding Group discloses the interim financial statement for the 12-month period ending Dec. 31, 2022. The financial statements revealed a Net Profit of QR 86,732,000 in comparison to Net Profit QR 61,108,000 for the …
Exchange Rates in Qatar -1-
Moroccan Dirham N/A 0.37680 Malaysian Ringgit 0.76850 0.83040 Norwegian Krona 0.31850 0.37620 New Zealand Dollar 2.22210 2.35260 Omani Riyal 9.39400 9.61300 Philippine Peso 0.06180 0.06840 Pakistani Rupee N/A 0.01340 Saudi Riyal 0.96300 0.97900 Swedish Krona …
Spot Value in Qatar
Rates against US Dollar as issued on Tuesday by Qatar National Bank (QNB) are as following: Currency Buying Selling ======= ====== ====== QAR 3.6400 3.6415 SAR 3.754 3.7545 AED 3.6726 3.6734 BHD 0.3770 0.3770 KWD …
Gold Holds Above $1,900
Gold prices held just above the key $1,900 level as expectations grew that the US Federal Reserve would dial back its rate hikes after the collapse of two big regional banks. Spot gold settled in …
Deposits Rates in Qatar
Deposits Rates at opening as issued on Tuesday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1 Mth 4.6844 -0.4500 0.7500 3.8900 2 Mths 4.7753 -0.3000 0.9700 3.9500 3 Mths 5.8662 …
S. Korean Finance Minister: Financial Market Remains Stable Despite Failures of Two US Banks
South Korea’s Finance Minister Choo Kyung-ho affirmed that the financial market remains stable despite the failures of two US banks, but the government will promptly come up with stabilization measures, if necessary. On Friday, US …
Oil Prices Edge Lower as SVB Collapse Spooks Financial Markets
Oil prices fell more than $1 on Tuesday, extending the previous day’s slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a new financial crisis. Brent crude futures fell …
Iraqi PM Announces Kurdistan Oil Revenues Agreement
The Iraqi Prime Minister Mohammed Shia’ Al Sudani announced reaching an agreement to end the dispute between Baghdad and Erbil over the Kurdistan region’s oil revenues. In a press conference held after the cabinet session, …
Exchange Rates in Qatar
Exchange Rates for foreign currencies as issued on Tuesday by Qatar National Bank (QNB) are as following: Currency Buying Selling ======= ====== ====== U.A.E. Dirham 0.97800 0.99700 Australian Dollar 2.38700 9.50560 Bahraini Dinar 9.44500 9.80600 …
Meteorology Department Warns of Thundery Rain, Strong Wind and High Sea
Weather inshore until 6:00 pm on Tuesday will be misty to foggy at first and scattered clouds to partly cloudy with a chance of scattered rain at first, the Department of Meteorology said in its …
Qatar Partakes in GCC Meeting on Technical Standards for Protection of Petroleum, Industrial Facilities
Riyadh, March 13 (QNA) – The State of Qatar participated in the fourth meeting and seventh workshop of the specialized team to prepare technical security guidelines for the protection of petroleum, industrial and vital installations …
Global Security Forum/ Advisor to Iraqi PM: New Generation of Empowered Politicians to Put Iraq on Right Track
Doha, March 13 (QNA) – Technical Advisor to the Prime Minister of the Republic of Iraq Eng. Mohammad Sahib Al Darraji stressed that Iraq had suffered several crises and problems, which necessitates moving toward the …
Civil Service and Government Development Bureau Launches ‘Ada’a’ System to Upgrade Government Sector Performance
Doha, March 12 (QNA) – The Civil Service and Government Development Bureau launched the “Ada’a” system to upgrade the performance of the government sector in the State of Qatar, in line with Qatar National Vision …
US Regulators Close Silicon Valley Bank
Washington, March 11 (QNA) – Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
The bank …
Malawian Trade Minister Calls on Qatari Businessmen to Invest in His Country
HE Minister of Trade and Industry of the Republic of Malawi Simplex Chithyola called on Qatari investors and businesspersons to visit his country to learn about the investment opportunities available in the sectors of agriculture, …
UK GDP Grows 0.3% in January
London, March 10 (QNA) – The U.K. economy grew by 0.3% in January, official data showed on Friday.
GDP was flat over the three months to the end of January, the Office for National Statistics …
Assistant FM to QNA: LDC5 a Lifeline for Least Developed Countries
Doha, March 09 (QNA) – HE Assistant Foreign Minister Lolwah bint Rashid Al Khater praised the strong and high-level participation in the Fifth United Nations Conference on the Least Developed Countries, adding that it represent
Qatar Praises New Deal Between Iran, IAEA
Vienna, March 08 (QNA) – The State of Qatar praised the agreement reached between the Islamic Republic of Iran and International Atomic Energy Agency (IAEA), calling for the continuation of dialogue between the two sides
UNDP Assistant Secretary-General Highlights Qatar’s Inspiring Role, DPoA’s Development Efforts
Doha, March 08 (QNA) – Assistant Secretary-General, UNDP Assistant Administrator and Director of Bureau for Policy and Program Support Haoling Xu said Wednesday that the development efforts in the Doha Program of Action (DPoA) are