Industries Qatar posts a net profit of QR 1.2 billion for the three-month period ended 31 March 2023
Industries Qatar, a leading industrial conglomerate, announced its financial results for the first quarter of 2023, reporting a net profit of QR 1.2 billion. This represents a decline of 57% compared to the same period last year. The company faced a challenging macroeconomic environment during the first quarter of 2023. Geopolitical uncertainty stemming from […]
Qatar’s Producer Price Index down 2.56% in March
The Producer Price Index (PPI) of the industrial sector of the State of Qatar for March 2023 recorded 121.95 points, showing a decrease of 2.56 percent when compared to February 2023. On Y-o-Y basis, PPI of March 2023 showed a decrease of 16.88 percent when compared to the PPI of March 2022. The PPI […]
Algeria working with Baladna to achieve self-sufficiency in dairy
Algeria is working with Qatar’s Baladna to achieve self-sufficiency in its milk and dairy sectors, the country’s Minister of Agriculture and Rural Development Mohamed Abdel Hafeez Hani told a delegation of the Qatari Businessmen Association (QBA) during its recent visit to the country. The QBA delegation was headed by its Chairman Sheikh Faisal bin […]
Industrial production index up by 14.6% m-o-m in March
The Industrial Production index (IPI) for March reached 101.2 points, an increase of 14.6 percent compared to the previous month (February 2022), and increased by 0.5 percent compared to the corresponding month in 2021, according to data issued by Planning and Statistics Authority. The IPI consists of following main components: “mining” with a relative importance […]