Category: Business

DOHA, Qatar • QatarEnergy announced an oil discovery in the 4-BRSA-1386D-RJS well in Brazil’s world class Sépia oil field, which is located in the prolific Santos Basin in water depths of about 2,000 meters off …

Qatar, Doha: Bank of Qatar (CBQ) hosted a successful forum titled “World Cup and Similar Global Events – Opportunities and Challenges for Financial Sector”, which was held at Wyndham Hotel, West Bay on Wednesday, October …

The Ministry of Foreign Affairs and International Cooperation hosted a delegation of Kyrgyz business women as part of broader efforts to boost economic and trade cooperation between the UAE and Kyrgyzstan. During the visit, the …

With Latin American air travel outpacing the industry’s global recovery, the region’s commercial fleet is projected to grow by more than 85% over the next 20 years on the strength of domestic and intra-regional travel, …

Kuwait Airways, the state-owned carrier which hasn’t made a profit in more than 30 years, expects losses this year of as much as 60 million dinars ($193m), and to break even in the 2024 fiscal …

Jeddah Airports Company participated in the International Airport Summit 2022, held in London from October19 to 20, with the participation of major international companies specialized in the air transport industry.

CEO of Jeddah Airports Company, …

Seoul, South Korea and a group of Arab countries will negotiate for their free trade deal next week, said Seoul’s trade ministry.

South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round …

As many as 25 container ships and cargo vessels were handled at Damietta Port in the past 24 hours.

In a statement on Friday, the Damietta Port Authority said the total trade volume of exported …

Lufthansa Group has raised its profit forecast for this year after almost doubling revenue in the key summer period.

The aviation giant, which also owns Austrian Airlines, Swiss, Brussels Airlines and Eurowings, said its total …

The State of Qatar participated today in the 63rd meeting of the GCC Commercial Cooperation Committee, the fourth meeting of the GCC Ministerial Committee for Standardization Affairs, and the 49th meeting of the GCC Industrial …

QatarEnergy aims to become the world’s biggest trader of liquefied natural gas (LNG) through organic growth and is already building trading teams, CEO Saad al-Kaabi said on Tuesday.

Kaabi, who is also Qatar’s state minister …

Iraqi Transport Minister Nasser Al-Shibli inaugurated the first-ever international airport in the northern city of Kirkuk on Sunday.

“The airport will start receiving flights as of Sunday,” Imad Daham, an Iraqi adviser, told the state …

United Airlines is nearing an order for more than 100 widebody jets and is evaluating offers for Boeing Co’s 787 Dreamliner and Airbus SE’s A350, Bloomberg News reported on Thursday, citing people briefed on the …

Baghdad, The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Ali bin Sabt praised today, Saturday, the decision of the OPEC + group to reduce oil production, and considered it correct and timely.…

DOHA, Qatar, Qatar Energy announced the signing of a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49% interest in Siraj Energy, which will result in Siraj Energy …

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the official opening of a new branch at QatarEnergy district in West Bay, providing the company’s employees with exclusive access to QIB products and services.…

Baghdad, The Council of Ministers authorized the Chairman of the Investment Authority to sign a draft agreement between Iraq and Qatar to protect investment.

Source: National Iraqi News Agency

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Turkish Airlines has broken its pre-pandemic record on monthly passenger count by carrying 7.8 million passengers each during July and August, while increasing its seat capacity by 14 percent on international flights.

With this, the …

Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab has discussed with visiting Sudanese Investment and International Cooperation Minister Ahlam Madani Mahdi aspects of joint cooperation.

During the meeting, Abdel …

A Mexican judge has declared local airline Interjet bankrupt, a document from judicial authorities showed on Tuesday, almost two years after the company stopped operating its low-cost flights around the Americas.

The carrier now has …

Minister of Local Development Hisham Amna asserted the ministry is working on tapping new practical vistas on the ground to promote local economic development programs nationwide, up efficiency of labor market and form economic councils …

The Planning and Statistics Authority (PSA) in the State of Qatar – in a tweet on its official Twitter account yesterday – said that the number of transactions via Qatar e-Government Portal – Hukoomi totaled …

Smartphones and technology enabled gadgets have shaped the way we live. From daily essentials to more sophisticated smartphone functionalities, people have become quite acquainted with the digital benefits of using these services to enhance their …

Qatar Islamic Bank (QIB), announced the launch of a new summer campaign for Personal, Auto and Home finance that will run until October 15, 2022 offering attractive rates and benefits.

With its new finance summer …

Beijing, Asian stock markets followed Wall Street higher on Friday ahead of a speech by the Federal Reserve chair that investors hoped would shed light on plans for more interest rate hikes.

Shanghai, Tokyo, Hong …