Qatar’s leading logistics provider GWC has earned a net profit of QR59.5mn in the first quarter of the year. The company’s revenues stood at QR303.7mn during the period, GWC said yesterday. Earnings per share also increased to QR1.02 at the end of Q1, 2019.
Sheraton Grand Doha Resort & Convention Hotel has appointed Belal al-Kadry, as its new general manager. A veteran hospitality professional, al-Kadry will be responsible for strengthening the premier position of Doha’s iconic hotel, and driving its growth in regional and international markets.
The US economy is set to show fresh signs of stabilising and indeed even strengthening after its recent soft patch. After a run of data last week exceeded forecasts, the government on Friday reveals its first estimate of gross domestic product for the first quarter.
India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate target to use to determine interest rates, an economic adviser to the current prime minister said.
Japan’s government could postpone for a third time a sales tax increase currently planned for October if economic conditions deteriorate, a senior lawmaker close to Prime Minister Shinzo Abe said.
It’s not quite yet pistols at dawn but Rio Tinto’s polite warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.
China’s response to a slowing economy is fuelling hopes that it’s the turn of steel stocks to benefit, as investment in infrastructure and real estate bolsters the industry’s most crucial drivers of demand.
Elon Musk’s war with Tesla Inc short sellers just got weirder. The electric car maker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees
It looks like something has to give in global markets. Stocks and bonds around the world have rallied atypically together since the start of the year, rewarding investors both bullish and bearish on the direction of global growth.
Qatar Chamber has participated in the conference on ‘Women Leaders and Health: Empowering Women Leaders in Innovation, Medical Education and Healthcare Delivery’ held in Beirut.
Gulf Drilling International (GDI), a wholly-owned subsidiary of Gulf International Services (GIS), has signed a three-year contract with North Oil Company (NOC) to provide drilling services through its rig 'Dukhan' for NOC's extensive development initiatives in Al Shaheen oil field.