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, […]
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 […]
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’s real estate trade volume amounts to QR1.574 bn in June
The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in June 2023 amounted to QR1,574,575,828 (1.574 billion). The data of the real estate analytical bulletin issued by the Ministry of Justice revealed that 301 real estate transactions were recorded during the month. […]
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 […]
Qatar visit an opportunity to bolster ties: Japanese PM
Prime Minister of Japan Fumio Kishida has stressed the importance of his visit to Qatar on Tuesday as it is his first visit to the country since taking office as Prime Minister. The Japanese PM described the relations between the two countries as solid and having more potential for developing bilateral cooperation. In an […]
QIIB launches summer campaign for Visa cards in collaboration with Qatar Airways Privilege Club
QIIB has announced the launch of a special offer for Visa cardholders which provides them with the opportunity to enter a draw for the chance to win prizes from a grand total of 5 million bonus Avios, in collaboration with the Qatar Airways Privilege Club. As part of this offer, all QIIB Visa credit […]
QSE launches new electronic trading system
Qatar Stock Exchange (QSE) on Tuesday launched a new and high-performing trading platform built on the same advanced technology used by many global capital markets, as part of its strategic plan aimed at transforming Doha into a leading investment hub in the region. The new trading platform provides innovative, robust, and scalable solutions that align […]
QSE ties up with LSEG to launch new electronic trading system
As part of its strategic plan aimed at transforming Doha into a leading investment hub in the region, the Qatar Stock Exchange (QSE) on Tuesday launched a new and high-performing trading platform built on the advanced technology used by many global capital markets. The new trading platform provides innovative, robust, and scalable solutions that align […]