Day: October 2, 2024

Doha: The Gulf Organization for Research and Development (GORD) launched today the commercial prototype of its patented system Synergia 9n1, an ultra-efficient hybrid cooling system which is designed to be a next-generation dedicated outdoor air syste…

Doha: In August 2024, the State of Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.8 billion almost, i.e., a decrease of about QR 1.5 billion or 7.2% compared to A…

Doha: Qatar Investment Authority (QIA) announced Wednesday its intention to combine the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI).

The integration of QNBN and GBI brings together two …

Doha: HE Chairman of Qatar Chamber Sheikh Khalifa bin Jassim bin Mohamed Al-Thani and President of the Iran Chamber of Commerce, Industries, Mines, and Agriculture Samad Hassanzadeh discussed economic cooperation relations and ways to enhance them as …

The dollar held its sharpest gain in a week on Wednesday, amid concerns over the situation in the Middle East.

The US dollar index rose about 0.5% overnight to 101.2, its largest rise since Sept. 25.

Early Asia moves were slight, leaving the euro be…

Oil prices jumped by over a dollar on Wednesday due to the development of the situation in the Middle East and fear of disruption of oil supplies.

Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while US West Texas Intermediate (WTI) crude rose…

Doha: HE Minister of Finance Ali bin Ahmed Al Kuwari met with Chief Executive of the Hong Kong Monetary Authority Eddie Yue.

The meeting discussed several topics pertaining to sustainable development, as well as aspects of joint cooperation, particul…

South Korea’s consumer prices slowed to the lowest level in 3 1/2 years in September, falling below 2 percent for the first time since early 2021, data showed Wednesday.

Consumer prices, a key gauge of inflation, rose 1.6 percent on-year last month, …

Doha: Experts and researchers from Qatari institutions and international organizations emphasized the importance of adopting sustainable development practices to improve economic well-being and living standards globally.

This came during their discus…

Doha: A number of economic experts highlighted the key investment opportunities and incentives offered by the State of Qatar to attract investors and create a conducive environment for them.

They noted the state’s efforts to keep pace with developmen…

Doha: Dukhan Bank (Q.P.S.C.) has successfully issued a $800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries.

The transaction marks the debut Senior Sukuk issuance f…