Qatar Tribune - Business

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Qatar builds on World Cup success to accelerate economic diversification, says OBG report

Tribune News NetworkDohaQatars efforts to accelerate economic diversification and private sector development following the successful hosting of the 2022 FIFA World Cup are explored in the newly released The Repo

May 22, 2024
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UK commitee: Tech firms falling short on misinformation ahead of vote

PAMedia/dpaLondonThe biggest tech and social media companies are falling short on protecting users from content designed to disrupt democracy by not working together on the issue a joint committee of the British par

May 22, 2024
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QCB governor meets Singapore’s minister for home affairs

QCB governor meets Singapore's minister for home affairsGovernor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al Thani met with Minister for Home Affairs and Law of the Republic of Singapore K Shanmugam in

May 22, 2024
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EU finalises landmark law to regulate ‘high-risk’ AI systems

dpa BrusselsEU ministers on Tuesday unanimously gave their final approval to the Artificial Intelligence Act a major new law that regulates the use of the transformative technology in high-risk situations such as law enforcement and employment.The European Union hopes that by laying down strict A

May 22, 2024
FILED - 27 September 2023, Lower Saxony, Emden: The Volkswagen logo stands in front of the entrance to the Emden plant. Photo: Lars Penning/dpa

BMW, Jaguar, VW used banned Chinese parts: US Senate probe

dpa Washington A US Congressional report has revealed major gaps in US automakers oversight of forced labour in their supply chains including two companies that shipped cars or parts to the United States this year that were made with parts from a banned Chinese supplier.BMW imported cars Jaguar Land

May 22, 2024
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Apple appeals $1.9 bnEU fine for music streaming restrictions

AgenciesApple is challenging a 1.8 billion-euro ($1.9 billion) fine by the European Union for thwarting access to information about cheaper music streaming services an EU court said Tuesday.The iPhone maker filed an appeal with the EUs General Court in Luxembourg on May 16 the court told AFP.The Eur

May 22, 2024
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QEF delivers: 21 MoUs signed, pledges innovation for Qatar’s media future

Tribune News NetworkDohaThe 4th annual Qatar Economic Forum held May 14 -16 in Doha concluded on a high note solidifying its position as a premier platform for navigating the complexities of a rapidly changing global landscape. Powered by Bloomberg and hosted in collaboration with Media City Qatar the event brought together over 2700 in-person attendees and boa

May 22, 2024
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QC empowers individuals with learning disabilities

Tribune News NetworkDohaThe Qatar Chamber in cooperation with the Young Entrepreneurs Club (under the umbrella of the Ministry of Sports and Youth) recently held two workshops titled The Financial Literacy and Skills of Digital Entrepreneurship. The workshops were part of the Empower Ability programme an initiative by the Qatar Care

May 22, 2024
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US imposes new tariffs on Chinese goods

Agencies New York President Joe Biden has imposed significant new tariffs on a range of Chinese goods including electric vehicles advanced batteries solar cells steel aluminium and medical equipment. On Tuesday the Democratic president pointed out that the Chinese governments subsidies allow its companies to operate without needing to make a p

May 22, 2024
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AstraZeneca targets doubling revenue to $80 bn by 2030

PA Media/dpaLondonAstraZeneca has announced plans to nearly double its revenue to $80 billion by 2030 ahead of a landmark investor meeting for the pharmaceutical giant.The FTSE 100 company will launch 20 new medicines over the coming years in areas like cancer care and rare diseases as part of a new era of growth.Chief e

May 22, 2024
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LNG expansion set to drive Qatar’s economic growth: Report

Satyendra PathakDohaGrowth in Qatar is expected to spike above trend when the planned liquefied natural gas (LNG) capacity expansion begins to go online in 2025 Standard Chartered said in a recent report.According to the banks Global Focus Economic Outlook Q2-2024 which covers the outlook for 58 economies key geopolitical issues and financial mar

May 22, 2024
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US-based seafood chain Red Lobster files for bankruptcy protection

AgenciesRed Lobster the casual dining chain that brought affordable seafood to the masses across the United States with inventions like popcorn shrimp and endless seafood deals has filed for Chapter 11 bankruptcy protection.The 56-year-old chain filed late Sunday days after shuttering dozens of restaurants.This restructuring is the best path forward for

May 22, 2024
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Germany’s real estate falters as international investors withdraw

AgenciesInternational investors are skirting German property deals as they pull back on the market going through the worst crisis in a generation potentially giving Europes biggest economy deep scars amid already muted growth.Foreign buyers accounted for 35% of purchases of commercial real estate in the first quarter data from BNP Paribas Real Estate shows.

May 22, 2024
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Microsoft’s AI chatbot will ‘recall’ everything you do on a PC

AgenciesMicrosoft wants laptop users to get so comfortable with its artificial intelligence chatbot that it will remember everything youre doing on your computer and help figure out what you want to do next.The software giant on Monday revealed a new class of AI-imbued personal computers as it confronts heightened competition from Big Tech rivals in pitching gene

May 22, 2024
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Qatar’s trade with Oman amounted to QR5.4 billion in 2023, says QC

Tribune News NetworkDohaQatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwari praised the close relations between Qatar and Oman emphasizing their advanced ties across various fields particularly in economic and commercial aspects.In statements on the sidelines of his participation in the celebrations of the Oman Chamber of Commerce and Industr

May 21, 2024
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Second edition of Qatar Real Estate Forum to begin on Oct 13

QNADoha Real Estate Regulatory Authority Chairman Khalid Ahmed Saleh Ahmed Al Obaidli has announced that the 2nd edition of Qatar Real Estate Forum will be held from October 13 to October 14 with the participation of many local and foreign bodies.Al Obaidli highlighted that the forum primarily aims to identify the real estate opportunities offered by t

May 21, 2024
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LuLu Hypermarket Qatar launches Festival of Vietnam

Tribune news networkdohaLuLu Hypermarket Qatar in partnership with the Embassy of Vietnam in Qatar has launched the Festival of Vietnam. The Festival of Vietnam is a culinary and cultural event designed to highlight the rich flavors and cultural heritage of Vietnam. The vibrant celebration aimed at promoting Vietnamese products will run until May 26

May 21, 2024
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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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Need to stop situation unfolding in Gaza Strip immediately: Al Ansari

QNADohaOfficial Spokesperson for the Ministry of Foreign Affairs Dr Majed bin Mohammed Al Ansari has emphasized the importance of stopping the situation unfolding in the Gaza Strip immediately and not in the coming days. He called on the international community to ful

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Preparatory meetings for ‘Doha Dialogue’ on labour mobility between Gulf and African countries held

Tribune News NetworkDohaPreparatory meetings for the Doha Dialogue on Labour Mobility between Gulf and African Countries were held yesterday in Doha with the participation of 33 countries including the Gulf Cooperation Council (GCC) Jordan Lebanon and 25 African co

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Huge demand for Amir Cup football final tickets, fans advised to use Doha Metro on match day

Tribune News NetworkDohaThe demand for tickets for the upcoming prestigious Amir Cup football final is huge according to the Qatar Football Association.Al Sadd will take on Qatar SC in the Amir Cup 2024 final at the Education City Stadium on Friday (May

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Qatar offers inclusive package of incentives to attract global investments, says Al Mesned

Tribune News NetworkDohaQatar Chamber Board Member Eng. Ali bin Abdullatif Al Mesned has said that the economic and commercial cooperation between Qatar and Oman has witnessed considerable development in recent years stressing that there are many fields between Qatar

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