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Al Khaliji posts profit of QR683mn for 2020

Al Khaliji posts profit of QR683mn for 2020

Al Khaliji has reported a 5.7% year-on-year growth in net profit to QR683mn and suggested 5.6% cash dividend for shareholders for 2020.

Commercial Bank eyes $500mn bond issue in 2021: Abraham

Commercial Bank eyes $500mn bond issue in 2021: Abraham

Commercial Bank is looking to issue a $500mn bond this year, Group CEO Joseph Abraham said yesterday.

Commercial Bank posts QR1.3bn net profit in 2020

Commercial Bank posts QR1.3bn net profit in 2020

Commercial Bank Group posted a net profit of QR1.3bn in 2020 compared to QR2.02bn in 2019.

QFTH to host 2nd ‘Hackathon’ to support innovative ideas

QFTH to host 2nd ‘Hackathon’ to support innovative ideas

Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) to support the growth of the fintech industry in Qatar, is inviting entrepreneurs and fintechs from Qatar and around the world to apply for its second ‘Hackathon’.

Qatar market ‘greatly welcomes’ Somali products, says chamber official

Qatar market ‘greatly welcomes’ Somali products, says chamber official

Officials from Qatar Chamber and Somalia’s Ministry of Labour and Social Affairs held a meeting yesterday in Doha to discuss ways to enhance economic and commercial relations.

GECF commences educational campaign on benefits of natural gas

GECF commences educational campaign on benefits of natural gas

The Gas Exporting Countries Forum (GECF) has activated a new communication campaign on its social media channels that raises awareness about the benefits of natural gas as well as simplifies the facts of an industry often perceived as data heavy.

Saudi hosts ‘Davos in Desert’ amid pandemic

Saudi hosts ‘Davos in Desert’ amid pandemic

Saudi Arabia opened a two-day Davos-style investment forum yesterday, with dozens of global policymakers and business tycoons lined up to speak at the largely virtual event amid the coronavirus pandemic.

Asian markets swing as traders mull virus, vaccines, stimulus

Asian markets swing as traders mull virus, vaccines, stimulus

Equity investors trod warily yesterday as they weighed hopes for a long-term recovery against immediate worries over surging virus infections and mutations – and slow vaccine rollouts.

US core capital goods orders rise in boost to business investment

US core capital goods orders rise in boost to business investment

New orders for key US-made capital goods increased for an eighth straight month in December, pointing to solid growth in business spending on equipment in the fourth quarter and likely helping to underpin the economic recovery.

Europe safety agency clears 737 MAX to fly

Europe safety agency clears 737 MAX to fly

Boeing’s 737 MAX plane is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said this week.

Qatar participates in extraordinary meeting of GCC Trade Cooperation Committee

Qatar participates in extraordinary meeting of GCC Trade Cooperation Committee

Qatar has participated in the extraordinary meeting of the GCC Trade Cooperation Committee, which was held via video conferencing

Qatar market 'greatly welcomes' Somali products, says chamber official

Qatar market 'greatly welcomes' Somali products, says chamber official

Officials from Qatar Chamber and Somalia’s Ministry of Labour and Social Affairs held a meeting yesterday in Doha to discuss ways to enhance economic and commercial relations.

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