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 […]
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 […]