Qatar Tribune - Business

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Japan shifting back to nuclear to ditch coal and power AI

AgenciesGlinting in the sun by the worlds biggest nuclear plant the Sea of Japan is calm now. But as the huge facility gears up to restart Kashiwazaki-Kariwa has a new tsunami wall just in case. Japan pulled the plug on nucle

Oct 22, 2024
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Sheikh Khalifa leads ICC Qatar at Istanbul’s climate-focussed summit

Tribune News NetworkDohaSheikh Khalifa bin Jassim Al-Thani Chairman of the International Chamber of Commerce Qatar (ICC Qatar) and the Qatar Chamber of Commerce and Industry (QCCI) led a delegation to the ICC World C

Oct 22, 2024
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QIB launches exclusive auto financing offer for Tesla buyers

Tribune News NetworkDohaQatar Islamic Bank has launched an exclusive auto financing offer on Tesla cars available directly through the Tesla website. This unique offer makes QIB the first and only Islamic bank in the

Oct 22, 2024
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FAWRAN Instant Payments now available through QPay

QNADohaQatar Central Bank (QCB) has announced that the payment services through the national e-Commerce Gateway (QPay) is now available through using (FAWRAN) instant payment service.The service allows merchants to register with the service to help them accept payment transactions for the purchases custo

Oct 22, 2024
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IMF-World Bank meetings clouded by slow growth

AgenciesGlobal finance chiefs will convene in Washington this week amid growing uncertainty over a flagging Chinese economy and worries that a coin-toss U.S. presidential election could spur new trade battles and undermine multilateral cooperation.The International Monetary Fund (IMF) and World Bank annual meetings a

Oct 22, 2024
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Cuban leader warns against unrest over nationwide blackout

AgenciesCuban President Miguel Diaz-Canel warned Sunday that his government would not tolerate public disturbances during the nationwide power outage which the authorities are struggling to resolve. The islands 10 million people were spending their third night in the dark after the collapse on Friday of Cubas largest power

Oct 22, 2024
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Regional woes may force Egypt to re-evaluate IMF accord

AgenciesEgypts President Abdel Fattah Al-Sisi warned on Sunday that regional challenges could lead to unbearable economic pressure on the population and a review of internationally-demanded economic reforms. If these challenges will make us put unbearable pressure on public opinion then the situation must be reviewed with the IMF Sisi said at the Global Congress

Oct 22, 2024
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Mercedes chief bats for free trade

The CEO of German luxury carmaker Mercedes-Benz called on Monday for the European Union to de-escalate the dispute with China over tariffs on electric vehicles stressing the importance of finding a solution to the issue.We need more free trade instead of new trade barriers. That is why it is important to find a solution that suits both the EU and China chief executive Ol

Oct 22, 2024
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China cuts key lending rates again

AgenciesChina cut two key lending rates at the monthly fixing on Monday in line with expectations marking the latest move by Beijing to spur growth following reductions to other policy rates last month as part of a broader package of stimulus measures.The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10% from 3.35% while the five-year LPR was

Oct 22, 2024
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QFC to host Corporate Registers Forum 2024 in Doha next month

Tribune News NetworkDohaQatar Financial Centre (QFC)is hosting the 20th Corporate Registers Forum 2024 from November 4 - 7 2024 at the Le Royal Mridien Doha Qatar. This marks the first time the prestigious conference will be held in Qatar underscoring the countrys expanding role in the global business community.The CRF Conference is an annual

Oct 22, 2024
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Doha gears up for Rowad Conference and Arab SMEs Summit

Tribune News NetworkDohaIn partnership with the United Nations Economic and Social Commission for Western Asia (ESCWA) QDB held a press conference to announce the details of the regions largest entrepreneurship event: Rowad Entrepreneurship Conference and theArab SMEs Summit 2024. The event set to take place in Doha will be held under the patronag

Oct 22, 2024
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Porsche celebrates 25 years of 911 GT3 with dual versions and track-ready Innovation

Tribune News NetworkDohaThe 911 GT3 has offered the ultimate combination of racing genes and day-to-day usability since its introduction in 1999. To mark its 25th anniversary the new model will launch simultaneously in two versions for the first time: as a track-focused sports car with a rear wing and as a more understated version with a Touring package.

Oct 22, 2024
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Nakilat net profit goes up 7.2% to QR1.28 bn in first 9 months of 2024

Tribune News NetworkDoha Qatar Gas Transport Company (Nakilat) a global leader in the shipping and maritime sector on Sunday announced that the company achieved net profit of QR1.28 billion in the first nine months of 2024.This represents an increase of 7.2 percent compared to the same period in 2023 showcasing Nakilats ability to achieve sustaine

Oct 21, 2024
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QIB intensifies efforts to combat cyber threats, encourages customers to safeguard banking data

Tribune News NetworkDoha Qatar Islamic Bank (QIB) the leading digital bank in Qatar has ramped up its efforts to counter the escalating threat of cybercrime with the launch of an extensive awareness campaign. This initiative is aimed at educating customers about the importance of cybersecurity and ensuring the safety of their personal and banking information coin

Oct 21, 2024
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In electric buses as with EVs, it’s China versus rest of the world

AgenciesKent Chang CEO of Asia-Pacific at Yutong Bus Chinas and the worlds largest bus and coaches maker has been busy courting new customers. After a trade show in Chile in August and Australia in September he is next bound for the Philippines and Thailand.He is not alone. At the biennial National Coach and Bus show in Brisbane last month Chinese peers l

Oct 21, 2024
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Bangladesh unrest leads to $400 mn in losses for garment industry

AgenciesBangladeshs key garment industry lost some $400 million due to unrest following the student-led protests that ousted the countrys former premier industry leaders said Sunday insisting the situation was now stable. The South Asian nations 3500 garment factories account for around 85% of its $55 billion in annual exports but the unrest cause

Oct 21, 2024
FILE PHOTO: A worker assembles an air drill at the factory of manufacturer Katsui Kogyo in Higashiosaka, Japan June 23, 2022. REUTERS/Sakura Murakami/File Photo

Ishiba’s drastic wage hike push may hurt small firms in Japan

AgenciesTakayuki Okuyama president of a plastic parts company with nine employees questions whether Prime Minister Shigeru Ishibas pledge to significantly raise Japans national average wage is the right move as he believes such a goal would squeeze small businesses like his.Okuyama 48 leads Nissindenki Co in Tokyos Ota Wardhome to more than 3000 small

Oct 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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Amir, Italian PM attend exchange of MoUs

His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani and Prime Minister of the Italian Republic HE Giorgia Meloni attended the exchange ceremony of several memoranda of understanding and cooperation between the governments of the two countries.They attended

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Italian president hosts dinner banquet in honour of Amir

The Amir His Highness Sheikh Tamim bin Hamad Al Thani attended the official dinner banquet hosted by President of Italy Sergio Mattarella in honour of HH the Amir and his accompanying delegation at the Quirinale Presidential Palace in Rome.Speaking on the occasion the Italian pre

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Uribe strikes as Al Sadd edge Persepolis 1-0

Tribune News NetworkDohaAl Sadd edged Persepolis of Iran 1-0 in their third round match (West Group) of the AFC Champions League Elite at the Jassim Bin Hamad Stadium on Monday.The successful strike for Al Sadd came from Mateus Uribe in 452nd minute with

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Lulu Retail kicks off one of UAE’s biggest IPOs this year

Tribune News NetworkDohaLuLu Retail Holdings kicked off an initial public offering on Monday that bankers say could be the UAEs largest this year.The offering by the conglomerate that runs more than 240 stores in the six countries in the GCC comes duri

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