The South Korean currency has dropped more than 7% against the US dollar so far this year, marking the sharpest fall since the 2008 global financial crisis amid geopolitical uncertainties and the resurgent dollar, data showed Sunday.
The Korean won c…
HE President of Philippine Chamber of Commerce and Industry Enunina Mangio affirmed that the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Manila, is extremely important for the business sector in her country, pointing out that the Filipino …
Doha: Doha Bank Q.P.S.C announced Sunday its Net Profit for the first quarter of 2024 was QR 231,319,000 versus QR 208,634,000 for the same period of the previous year.
The Bank’s financial statement on the Qatar Stock Exchange (QSE) website said the…
Doha: Qatar National Cement Co. (Q.P.S.C) announced Sunday its Net Profit for the first quarter of 2024 was QR 51,372,000, down from QR 64,102,000 in the same period of the previous year.
The company’s financial statement on the Qatar Stock Exchange …
China’s automobile exports jumped 33.2% year on year in the first quarter (Q1) of 2024, industry data shows.
The country exported over 1.32 million vehicles during the period, according to the China Association of Automobile Manufacturers.
Specifica…
Doha: Qatar Central Bank (QCB) issued ‘Cloud Computing’ regulations in a bid to regulate the use of cloud computing in the financial sector, protect financial sector data, and promote digitalization and innovation.
The newly issued regulations cope w…
Doha: Qatar Stock Exchange (QSE) general index closed at 9,792.41 points on Sunday, 36.86 points (0.38 percent) lower from its previous closing.
A trading volume of 146,000,317 shares was traded in 11,538 transactions in all sectors, with a total tra…
Doha: The General Tax Authority (GTA) has officially announced that April 30, will be the deadline for the tax returns submission for the tax year 2023.
All entities, including individuals and companies, subject to the provisions of the Income Tax La…
Doha: The Qatar International Court and Dispute Resolution Centre (QICDRC) inaugurated the 5th Full Meeting of the Standing International Forum of Commercial Courts (SIFoCC) in Doha, marking the commencement of a two-day event dedicated to advancing c…
Doha: The Social and Sport Contribution Fund (DAAM) has officially partnered with Qatar Scientific Club, an affiliate of the Ministry of Sports and Youth, to fund its 16th School Robotic Competition. The tournament, a fast-growing event organized annu…
Doha: HH the Amir Sheikh Tamim bin Hamad Al-Thani’s Asia tour will beef up Qatar’s cooperation relations with Asia across economic, trade and investment areas, said HE Chairperson of the Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al-Thani.
His Exc…
Doha: Qatar National Bank (QNB) expected global financial conditions to remain tight in the medium term and a below-trend economic growth.
In its weekly commentary, QNB said, “Since the beginning of the COVID-pandemic, the global economy experienced …
Islamabad: Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Pakistani counterpart Ishaq Dar chaired the meeting of the Special Investment Facilitation Council between the two countries.
The meeting reviewed the most prominent oppo…
Doha: The Industrial Production index (IPI) for February 2024 reached 99.1 points, an 8.2 percent decrease compared to the previous month (January 2024), whereas increased by 0.4 percent, when compared to the corresponding month in 2023.
This indicat…
Washington: The International Monetary Fund (IMF) forecasted that the global economy is heading towards another year of steady but slow growth in 2024. This comes as the strength of the US economy is expected to outweigh the headwinds resulting from o…
London, Britains unemployment rate rose to 4.2% in the three months through February, the Office for National Statistics (ONS) said Tuesday.
It is the highest level for nearly six months and up from 3.9% in the three months to January.
Most economis…
Tokyo, Japans Nikkei share average fell nearly 2% on Tuesday to close at an eight-week low as technology stocks tracked the overnight declines on Wall Street.
The Nikkei fell 1.94% to 38,471.20, its lowest close since Feb. 21. The index lost as much …
London, Gold prices rose on Tuesday, not too far away from a record high hit last week, as rising geopolitical tensions propped up demand for the safe-haven metal.
Spot gold was up 0.2% at $2,387.11 per ounce, after hitting an all-time high of $2,431…
Doha: The Qatar Central Bank (QCB) issued Government Bonds and Sukuk for tenors of two, three, five, and seven years worth QR 4.65 billion.
On its website, QCB said on Tuesday that the issuance of the treasury bills came as follows: QR 1.65 billion f…
Beijing, China’s gross domestic product (GDP) grew 5.3% year on year in the first quarter of 2024, data from the National Bureau of Statistics (NBS) showed Tuesday.
The country’s GDP reached 29.63 trillion yuan (about $4.17 trillion) during this peri…
Muscat, Oman LNG Company has signed an agreement for the sale and purchase of liquefied natural gas (LNG) with the Japanese firm, JERA.
The agreement sets forth the provision of up to 0.8 million metric tons of LNG annually from the Oman LNG industri…
Singapore: Oil prices rose on Tuesday with Brent futures for June delivery rising 46 cents, or 0.5%, to $90.56 a barrel.
US crude futures for May delivery rose 43 cents, or 0.5%, to $85.84 a barrel.
The benchmarks rose on the back of solid economic …
Singapore: The US dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected US retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.
Data on …
Doha: The general index of Qatar Stock Exchange (QSE) dropped 8.52 points, or 0.09%, at the beginning of trading on Tuesday, reaching the level of 9912.85 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in thr…
Doha: The Planning and Statistics Authority (PSA) has released the Consumer Price Index (CPI) for the month of March 2024.
The CPI of March 2024 reached 106.67 points showing a decrease of 1.40% when compared to CPI of February 2024. Compared to CPI …
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