CRA publishes results of service quality audit of mobile networks
The Communications Regulatory Authority (CRA) published on Tuesday a summary report presenting the results of its extensive audit conducted in 2022, evaluating the quality of mobile networks in the State of Qatar. CRA conducted the audit to assess the improvements in the Quality of Service (QoS) levels offered by the telecom Service Providers Ooredoo […]
Industries Qatar posts H1 net profit of QR2.1 bn
Industries Qatar (IQ) has reported a net profit of QR2.1 billion for the six-month period ending June 30, 2023, marking a 62 percent drop compared to the same period last year. The macroeconomic environment continued to pose challenges during the first half of 2023, with persistent geopolitical uncertainties and fears of recession driven by […]
Domasco launches new vehicle financing options in tie-up with Al Jazeera Finance
One of Qatar’s most renowned automotive dealerships, Doha Marketing Services Company w.l.l. (Domasco) has joined forces with a leading financial institution, Al Jazeera Finance (AJF) to redefine the vehicle financing journey for its customers. This strategic alliance aims to provide customers with unparalleled access to vehicles through excellent financing schemes and zero down-payment options, […]
Non-energy private sector companies continue to grow at strong pace in July
The latest Purchasing Managers’ Index (PMI) survey data from Qatar Financial Centre (QFC) indicated a positive start for the second half of 2023. Growth rates for output, new orders, employment and purchasing increased, and the 12-month outlook remained firmly positive. The unfinished business continued to decline at a lower rate than in the first half […]
Baladna achieves 7% revenue growth and QR42 million net profit in H1 2023
Baladna has achieved an increase of 7%in revenue in first half of 2023, totaling QR517 million, and experienced a marginal decline in net profit to QR42 million compared to the same period last year. Baladna disclosed its H1 2023 financial results on Sunday, covering the six months period ending 30 June 2023. For Q2 2023 […]
QIIB net profit reached QR615 mn with a growth rate of 7.7%
QIIB on Tuesday posted a net profit of QR615 million for the first six months of 2023, up 7.7 percent compared to the same period in 2022. Earnings per share reached QR 0.41. Sheikh Abdullah bin Thani bin Abdullah Al Thani, Chairman of QIIB Board of Directors, expressed his satisfaction with QIIB’s performance, […]
QFZ, QDB collaborate to enhance Qatar’s investment climate
Qatar Free Zones Authority (QFZ) and Qatar Development Bank (QDB) announced their cooperation in a new joint initiative to strengthen and enhance the investment climate in Qatar by supporting investors operating in the free zones through a wide range of financial and advisory programmes and services provided by QDB. This comes as part of the […]
Qatar conducts regional AI training programme for govt sector
The State of Qatar is hosting a training programme on the use of Artificial Intelligence (AI) in the government sector. The President of the Civil Service and Government Development Bureau HE Abdulaziz bin Nasser bin Mubarak Al Khalifa said the programme ‘Artificial Intelligence (AI) in the government sector: opportunities and challenges’ is the first of […]
QCB governor meets with Saudi counterpart
Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al Thani met with Governor of Saudi Central Bank Ayman Al Sayari on Monday. The meeting discussed bilateral cooperation between the two countries in the financial and banking fields. Qatar tribune
Qatar to host International LNG conference in 2026
Qatar will host the 21st International Conference & Exhibition on Liquefied Natural Gas “LNG 2026”, a preeminent world event in the LNG industry that showcases the continued growth and development of the sector worldwide. The hosting of this unique platform for the global LNG industry will coincide with the historic start-up of the North […]