Qatar Tribune - Business

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UK approves major North Sea oil and gas project despite climate concerns

AgenciesThe United Kingdom on Wednesday approved oil and gas production in its largest undeveloped field to boost energy security one week after diluting net zero targets drawing further criticism by green groups.Nor

Sep 29, 2023
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Interest rates will stay high ‘as long as necessary,’ says European cbank’s leader

AgenciesThe head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for as long as necessary to beat back inflation. Still she sympathized with homeowners who hav

Sep 29, 2023
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Trading of shares of heavily indebted property developer

AgenciesTrading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday according to a notice on the Hong Kong stock exchange.China Evergrande said in a n

Sep 29, 2023
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QCB issues T bills worth QR5.5 billion

QNADohaQatar Central Bank (QCB) on Thursday issued treasury bills for maturity dates of a week one month three months six months and nine months worth QR 5.5 billion indicating that the total bids amounted to QR11.8 billion.The QCB said on its website that the issuance of treasury bills was distri

Sep 29, 2023
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In Hollywood writers’ battle against AI, humans win (for now)

AgenciesAfter a 148-day strike Hollywood screenwriters secured significant guardrails against the use of artificial intelligence in one of the first major labor battles over generative AI in the workplace.During the nearly five-month walkout no issue resonated more than the use of AI in script writing. What was onc

Sep 29, 2023
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Food prices are rising as countries limit exports. Blame climate change, El Nino

AgenciesHow do you cook a meal when a staple ingredient is unaffordable? This question is playing out in households around the world as they face shortages of essential foods like rice cooking oil and onions. That is because countries have imposed restrictions on the food they export to protect their own supplies fr

Sep 29, 2023
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Qatar, Tajikistan explore ways to strengthen ties

Tribune News NetworkDohaMinister of Commerce and Industry HE Sheikh Mohammed bin Hamad bin Qassim al Thani and Minister of Economic Development and Trade of Tajikistan Zavqi Zavqizoda chaired the 4th session of the Qatari-Tajik Joint Economic Commercial and Technical Committee held in Doha.During the meeting the Minister of Commerce and Industry prai

Sep 29, 2023
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Real estate trade volume rises above QR284 mn in one week

QNADoha The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from September 17 to September 21 2023 reached QR259250426.Total sales contracts for residential units in the Real Estate Bulletin for the period from September 17 to September 21 is QR25040623.

Sep 29, 2023
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Al Abdulghani Motors gears up to take part in Expo 2023 Doha, Geneva Motor Show

Tribune News NetworkDohaAl Abdulghani Motors a national company in the automotive and mobility sector prepares its flags to participate in the most prominent events and exhibitions hosted by Qatar for the first time ever Expo 2023 Doha as an exclusive mobility partner which will be held at Al Bidda Park from 2 October 2023 to 28 March 2024 and the Geneva Intern

Sep 29, 2023
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OBG, QC forge strategic partnership

Tribune News NetworkDohaThe Qatar Chamber (QC) and Oxford Business Group (OBG) have formalised a significant partnership through the signing of a memorandum of understanding.This strategic alliance is poised to assume a pivotal role in shedding light on Qatars economic landscape for 2023 with a strong focus on critical areas including economic diver

Sep 28, 2023
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QSTP-funded startup rolls out travel booking system

Tribune News NetworkDohaQatar Science & Technology Park (QSTP) announced the launch of ViaVii Plus a comprehensive Software-as-a-Service (SaaS) platform designed for Middle East and North Africa (MENA) regions travel experience creators workshop providers tour guides and tourism companies offering unique activities to travelers and locals.ViaVii

Sep 28, 2023
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Euromoney names QIB as best bank for sustainability in Qatar

Tribune News NetworkDohaQatar Islamic Bank (QIB) was recognized by the Euromoney Awards for Excellence 2023 as Qatars Best Bank for ESG. This award is a testament to the banks efforts to contribute to the achievement of global sustainable development goals and its commitment to implementing Environmental Social and Governance (ESG) standards. QI

Sep 28, 2023
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Minister meets with US official

HE Ahmad Al Sayed Minister of State and Chairman of Qatar Free Zones Authority (QFZ) held a meeting with the Deputy Administrator of the United States Small Business Administration Agency (SBA) Dilawar Syed during his visit to the US on Monday. During the meeting they discussed the U.S-Qatar bilateral relations in relative fields and means of enhancing them. The minister and deputy admi

Sep 28, 2023
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Fitch affirms Commercial Bank’s rating at ‘A-’ with positive outlook

Tribune News Network Doha Fitch Ratings has again affirmed Commercial Banks unchanged long-term issuer default rating at A- with a positive outlook. The rating is driven by a strong propensity of support from the Qatari authorities and reflects Qatars strong ability to support domestic banks. As per the report released by

Sep 28, 2023
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Aramco, Eastern Shenghong sign cooperation agreement

Aramco and Jiangsu Eastern Shenghong (Eastern Shenghong) on Wednesday signed a cooperation framework agreement to facilitate discussions relating to the possible acquisition by Aramco of a 10 percent strategic equity interest in Jiangsu Shenghong Petrochemical Industry Group. Shenghong Petrochemical a wholly-owned subsidiary of Eastern Shenghong subject to due diligence and required regula

Sep 28, 2023
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115 countries receive Qatari private sector exports in H1

QNADoha A total of 115 countries have received Qatari private sector exports worth QR15.2 billion in the first half of 2023 recording a decline of 9 percent compared to the first half of 2022 according to a report issued by the Qatar Chamber on Wednesday.The report revealed that private sector exports during the second quarter of 2023 amounted to QR6.

Sep 28, 2023
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Qatar Tribune was launched on the 35th Independence Day of Qatar, under the parentcompany QIM Group, which has a history in the publishing, printing & distribution field.

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Foundations laid for comprehensive, sustainable justice strategy: Al Amri

QNADohaMinister of Justice HE Masoud bin Mohammed Al Amri has stressed that under the wise leadership of the Amir His Highness Sheikh Tamim bin Hamad Al Thani the Ministry of Justice seeks to develop and improve all legal and legislative services related to judicial

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DFC, HMC launch ‘Know the 5 to Save a Life’ drive

Tribune News NetworkDohaDoha Festival City (DFC) Qatars ultimate destination for shopping dining and entertainment is joining forces with Hamad Medical Corporations (HMC) Ambulance Service for the launch of the Know the 5 to Save a Life campaign as pa

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Younousse and Tijan bag Qatar’s first gold as Al Sharshani and Athba win mixed skeet bronze

Tribune News NetworkHuangzhou/DohaMuch to the expectations Qatars top beach volleyball pair and World No. 3 Cherif Younousse and Ahmed Tijan claimed gold and in fine style at the 2022 Asian Games in Hangzhou on Thursday.The Tokyo Olympic bronze medall

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Global stock index rises as oil, treasury yields, dollar pull back

ReutersNew York A global index of stocks was bouncing back from a nine-day losing streak on Thursday as oil prices fell and US Treasury yields pulled back from their highest levels in 16 years.Adding to respite for weary equity investors was a decline in

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