Qatar Tribune - Business

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Minister of finance meets US treasury secretary

Minister of Finance HE Ali bin Ahmed Al Kuwari met Scott Bessent Secretary of US Treasury. The meeting focused on bilateral relations and reviewed aspects of co-operation.

May 16, 2025
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China’s first-quarter emissions fall despite rising power demand

AgenciesChinas emissions fell in the first quarter of 2025 despite rapidly growing power demand thanks to soaring renewable and nuclear energy a key milestone for worlds top emitter analysis showed Thursday. China emits mor

May 16, 2025
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Foreign direct investment to Turkey jumps nearly 90% in Q1

AgenciesForeign direct investments (FDI) in Trkiye reached $3 billion (TL 116.07 billion) in the January-March period the data from the top association showed earlier this week reflecting a nearly 90% increase compared to a yea

May 16, 2025
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Walmart cautions of higher prices, withholds Q2 profit guidance

AgenciesU.S. retailing giant Walmart will have to start raising prices later this month due to the high cost of tariffs its top executives said on Thursday even as the companys comparable sales surpassed expectations in the first quarter.Shares of the Bentonville Arkansas-based company edged up 0.5% in pre-mark

May 16, 2025
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QCB governor meets chairman of Blackstone

Governor of Qatar Central Bank and Chairman of Qatar Investment Authority HE Sheikh Bandar bin Mohammed bin Saoud Al Thani met Stephen Schwarzman Chairman Chief Executive Officer and Co-Founder of Blackstone on Wednesday. During the meeting they discussed the latest developments in global finance and investment along with other related to

May 16, 2025
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Beyond visibility: Growing importance of invisible and proactive IT systems

AgenciesIf the 20th century was defined by the rise of visible technologymainframes personal computers and data centersthe 21st is increasingly shaped by what remains invisible. Not invisible in function but in friction.Across industries IT systems are being reengineered to anticipate problems rather than r

May 16, 2025
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UK economy grows by 0.7% in Q1, but tariffs endanger progress

AgenciesBritains economy expanded slightly more than expected in the first quarter official data showed Thursday covering the period before business tax hikes and U.S. President Donald Trumps tariffs blitz took effect.Gross domestic product (GDP) rose 0.7% in the January-to-March period after only growing slightly in the final quarter of last year the Offic

May 16, 2025
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Ford workers in German Cologne stage historic 1st strike

AgenciesFord workers at plants in the western German city of Cologne started a historic first strike on Wednesday bringing production largely to a standstill as they tried to push back against planned job cuts.The walkout is the first to take place in almost 100 years of operation at the two plants which were founded in 1930.Pickets were set up at fac

May 16, 2025
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India’s bold trade offer: Zero tariffs for US goods, claims Trump

AgenciesIndia had offered a trade deal that proposed no tariffs for American goods U.S. President Donald Trump claimed on Thursday while also expressing his dissatisfaction with Apples plans to invest in India.New Delhi is seeking to clinch a trade deal with the U.S. within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading p

May 16, 2025
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India’s ready-made garment exports to UK poised to double post FTA: CareEdge

Agencies LondonIndian ready-made garment exports to the United Kingdom are expected to double after the Free Trade Agreement between India and UK are implemented. Currently the UK levies a 12 percent duty on ready-made garments made in India. This could potentially become zero after the implementation of the FTA. This is according to a report by Care E

May 16, 2025
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Kaabi hails 25 years of Qatarisation as catalyst for energy sector growth

Tribune News NetworkDohaMinister of State for Energy Affairs HE Saad Sherida Al Kaabi chaired the energy sectors 25th annual Qatarisation review meeting in the presence of senior executives and representatives from the companies participating in the Energy Sector Strategic Qatarisation Plan.Al Kaabi congratulated the participating companies on their

May 16, 2025
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QFC partners with HKTDC, HSIL to deepen financial sector ties with Hong Kong

Tribune News NetworkDohaQatar Financial Centre Authority (QFCA) the legal and tax arm of the Qatar Financial Centre (QFC) a leading onshore financial and business centre in the region has signed a memorandum of understanding (MOU) with the Hong Kong Trade Development Council (HKTDC) and a Heads of Terms (HOT) with Hang Seng Indexes CompanyLimited (HSIL).

May 15, 2025
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CB launches new corporate banking app

Tribune News Network DohaCommercial Bank a leader in innovative digital banking solutions has unveiled its all-new Corporate Mobile Banking App setting a new standard for business banking in the region. This state-of-the-art mobile app has been redesigned to transform how corporate clients manage their financial operations by delivering unprecedented speed secur

May 15, 2025
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Qatar Airways makes historic deals; signs agreement for up to 210 Boeing aircraft

Tribune News Network DOHA Qatar Airways announced that the carrier has placed the largest aircraft order in its history with manufacturing partner Boeing NYSE: BA. As part of its strategic fleet growth plan the landmark order includes up to 210 Boeing widebody jets 160 firm and 50 option which is the largest widebody order and the largest 7

May 15, 2025
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United States firms fret despite China tariff reprieve

AgenciesPresident Donald Trumps rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing with a temporary de-escalation only expected to partially calm the storm analysts and business owners say.The only option is to try to keep your head above water and be tossed by the waves or to go out of business sa

May 15, 2025
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Wall St rises again as S&P 500 erases its loss for 2025

AgenciesMost US stocks rose Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.The S&P 500 climbed 0.7% coming off an even bigger gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations. The Dow Jones Industrial Average fell 269 points

May 15, 2025
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Tariffs set to level up game console prices

AgenciesThe U.S. tariffs barrage and the bounding cost of producing games have prompted manufacturers like Sony and Microsoft to announce price hikes on consoles in an industry shift experts say is set to last.Sonys 2020-vintage Playstation 5 has seen its price hiked by tens of dollars worldwide in recent weeks a move matched on Microsofts Xbox Series X.

May 15, 2025
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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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Qatar is strategic partner to the US, affirms Trump

QNADohaPresident of the United States of America HE Donald Trump has praised the wise leadership of His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani describing His Highness as a personal friend a great leader to his people and a true lead

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Justice minister chairs Lawyers Admission Committee meeting

QNADohaThe Lawyers Admission Committee chaired by Minister of Justice and Minister of State for Cabinet Affairs HE Ibrahim bin Ali Al Mohannadi to address the agenda items convened on Thursday.During the meeting four new lawyers took their legal oaths

(L to R) Qatar's high jump legend Mutaz Essa Barshim, pole vault star Katie Moon of the US, 200m champion Letsile Tebogo of Bostwana, high jumper Hamish Kerr of New Zealand, and India's javelin athlete Neeraj Chopra during the prev-event Jetour Doha Diamond League Meeting in Doha on Thursday.
Record bonuses will offer added incentives for athletes at Jetour Doha Diamond League meeting: Barshim

Tribune News NetworkDohaAt a packed press conference ahead of the 2025 Jetour Doha Meeting (Friday 16 May) Qatar star and former Olympic high jump champion Mutaz Barshim spoke on behalf of everyone in the room when he said Its important that we take care of th

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QSE marks fifth consecutive weekly gain as index hits multi-month high

Satyendra PathakDohaThe Qatar Stock Exchange (QSE) extended its winning streak for the fifth consecutive week with the benchmark index gaining 54.55 points or 0.5 percent to close at 10574.59 its highest levelsince February 16.The continued uptren

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