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Aamal’s business model provided ‘great resilience’ in 2019: Sheikh Mohamed

Aamal’s business model provided ‘great resilience’ in 2019: Sheikh Mohamed

The diversity of Aamal’s business model undoubtedly provided great resilience in 2019, said CEO and managing director Sheikh Mohamed bin Faisal al-Thani while delivering chairman’s report at the company’s annual general meeting yesterday.

QFCRA fines Horizon Crescent Wealth QR30mn for violations

QFCRA fines Horizon Crescent Wealth QR30mn for violations

The QFC Regulatory Authority (QFCRA) yesterday announced that it had taken action against Horizon Crescent Wealth LLC (HCW) and imposed a fine of QR30,000,000 on it for serious legal and regulatory breaches.

9 Qatari brands feature in Mideast’s top 50 list

9 Qatari brands feature in Mideast’s top 50 list

As many as nine Qatari brands, including five listed banks and the national carrier Qatar Airways, feature prominently in the top 50 Middle East brands in 2020, despite the global pandemic Covid-19, according to Brand Finance, a global brand evaluation entity.

Qatar ports post robust expansion in cargo, container volumes in March

Qatar ports post robust expansion in cargo, container volumes in March

Qatar’s three ports – Hamad, Doha and Al Ruwais – witnessed robust expansion in cargo and container handling volumes in March this year despite the challenges on account of the pandemic Covid-19.

Time buffer helps airlines conserve cash and prepare for liftoff

Time buffer helps airlines conserve cash and prepare for liftoff

Extraordinary circumstances call for extraordinary response, more so when the whole world is fighting a common enemy – the highly contagious coronavirus.

Trump says world’s biggest oil producers to meet on market crash

Trump says world’s biggest oil producers to meet on market crash

President Donald Trump said the US would meet with Saudi Arabia and Russia with the goal of stanching an historic plunge in oil prices.

Food security fears starting to threaten Asian rice exports

Food security fears starting to threaten Asian rice exports

Panic buying at supermarkets and hoarding have raised fears over food supplies, and governments for their part are acutely aware that keeping everyone fed at affordable prices is crucial for political stability.

China may ease electric car quotas, delay emission rules

China may ease electric car quotas, delay emission rules

China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales, people familiar with the matter said.

Asia markets suffer sell-off as virus fears cast shadow

Asia markets suffer sell-off as virus fears cast shadow

Asian and European markets mostly dropped yesterday after suffering a diabolical first quarter, with traders contemplating the prospect of lengthy lockdowns as the coronavirus continues its deadly sweep across the planet.

Sensex posts worst start to new fiscal year since 2007

Sensex posts worst start to new fiscal year since 2007

India’s stocks had their worst start to a fiscal year since 2007, a day after the benchmark equity index capped its worst quarter ever.

Global factory activity falls as Covid-19 shock deepens

Global factory activity falls as Covid-19 shock deepens

China survey shows improvement in factory activity; eurozone, UK manufacturing activity crashes; South Korea, Japan suffers plunge in factory activity

QBA eyes establishment of ‘business fund’ to support troubled companies

QBA eyes establishment of ‘business fund’ to support troubled companies

The Qatari Businessmen Association (QBA) is studying plans to establish a fund that would support companies whose business operations are impacted by the coronavirus (Covid-19) pandemic.

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