Category Archives: Industry

Chinese e-commerce giants report booming Singles Day sales

Beijing, Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the worldAEuros s …

NBR holds two interactive VAT workshops for representatives working in the wholesale and retail sectors

Manama, The National Bureau for Revenue (NBR) held two interactive workshops for professionals working in the wholesale and retail sectors, recapping general and sector specific VAT concepts, including invoicing and filing.

Following a question-and-answer session, …

Iran Says Oil Field Found With More Than 50 Billion Barrels

Iran has discovered a new oil field in the country’s south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country’s proven reserves by a third …

Bahrain among the first countries to rollout 5G network, says minister

Manama, Bahrain is among the first countries globally to offer commercial 5G network services and consumers will reap the benefits of this technology in a rapidly changing global telecommunication landscape.

Kamal bin Ahmed Mohammed, Minister …

QIB named “Best Digital Bank in Qatar” by The Asian Banker

Qatar Islamic Bank (QIB) was recently awarded by The Asian Banker as the Best Digital Bank in Qatar. The award recognizes the Bank’s digital transformation efforts by introducing personalized and innovative digital products and services …