DOHA, QATAR- Thousands of cryptocurrency industry developers have left the United States because of its negative stance towards the sector, the head of one of the pioneer exchanges told an international forum on Thursday.Despite a "wild year" of scandal and failure in 2022 when the FTX exchange and a number...

International markets have been unnerved by the battle between US President Joe Biden and opposition Republicans on US borrowing limits with an early June deadline looming. Some Republicans have questioned whether a quick agreement with the US administration is necessary to avert a painful default.

DOHA, QATAR -  Qatar Airways' chief executive on Tuesday doused hopes that the aviation industry can become carbon neutral by 2050, saying he was "very skeptical" about the target.Not enough sustainable aviation fuel is being produced, and technological hurdles remain to using hydrogen as a replacement, Akbar Al Baker told the...

Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring generals kept up their struggle. Khartoum residents said that heavy fighting raged despite repeated global calls for a truce. The area around the state television building in Omdurman was also...

The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard that tens of thousands of workers around the world have died from chronic kidney disease and other illnesses linked with extreme heat over recent decades.

Doha, Qatar-- Uzbekistan has called for establishing a joint forum for businessmen in Doha or Tashkent to review investment opportunities in both the countries.The appeal was made by the visiting Minister of Investment, Industry, and Trade, Laziz Kudratov.During his meeting with Qatar Chamber Chairman, Sheikh Khalifa bin Jassim Al-Thani, the...

Doha, Qatar - Fifty companies listed on Qatar Stock Exchange (QSE) have reported a combined net profit of $3.45 billion for the first quarter of 2023. This represents a decrease of 10.04 percent from the same period last year, where the net profit was $3.85 billion.The industries sector saw the...

Doha, Qatar - Inbound visitors to Qatar surged by 183.5 percent YoY in March, according to the 111th issue of the Qatar Monthly Statistics bulletin by the Planning and Statistics Authority. The total number of visitors reached 433,000 in the month, an increase of 11.3 percent compared to February 2023. Gulf Cooperation...

Doha, Qatar -- Qatar's private sector exports hit QR 9.1 billion ($2.49 billion) in the first quarter of 2023, representing a 17.5 percent growth year-on-year (YoY) compared to QR 7.73 billion in Q1 of 2022.According to Qatar Chamber's quarterly report issued Tuesday, exports through the General Model amounted to QR...

The company reported an increase in its EPS to QR 0.014.

Envoys from the United States, China and Russia as well as major European aid donors and key neighbors such as Pakistan are among representatives from about 25 countries and groups called to the two days of talks by UN Secretary-General Antonio Guterres. The Taliban government has not been invited.

Seeking a "durable way forward" for the war-scarred Afghanistan, the UN Secretary-General Antonio Guterres is convening an international meeting in May. The closed-door gathering will feature special envoys on Afghanistan from various countries who aim to "clarify expectation" on concerns including the Taliban authorities' restrictions on women.

DOHA, QATAR - Qatar expects more than five million people to visit the Gulf state in 2023 despite a post-World Cup lull, its tourism chief said on Sunday.Akbar Al-Baker, head of Qatar Airways and Qatar Tourism, admitted that hotels had fallen quiet after the World Cup final on December 19.But he...

Most of the participants, in the poll from as far away as Egypt and Lebanon, picked up Dubai to celebrate the festival in, with Doha coming at a distant second.

Doha, Qatar - QatarEnergy has agreed to hold a 25 percent share in the Gas Growth Integrated Project (GGIP) - a multi-billion-dollar project aimed at monetizing and developing the natural gas resources of Iraq.The GGIP consortium will be composed of Basra Oil Company (30 percent), TotalEnergies (45 percent), and QatarEnergy...

Doha, Qatar - The Producer Price Index (PPI) of the industrial sector in Qatar for February. 2023 declined 3.42 percent from the previous month and 7.23 percent year-over-year, official data showed Friday.Planning and Statistics Authority (PSA) has released the new monthly PPI of the Industrial sector for February 2023, which...

Doha, Qatar - Qatar Gas Transport Company Ltd. (Nakilat), the largest LNG shipping fleet owner in the world, announced that it had obtained all the necessary approvals to raise the ceiling for non-Qatari ownership in the company’s capital to 100 percent.In a statement posted on the website of the Qatar...

Rusesabagina was released late Friday after 938 days in prison under an accord, mediated by Qatar, between the US government and Rwanda. Reportedly in fragile health, Rusesabagina stayed at the Qatar ambassador's residence in Kigali before flying to Doha. Qatar authorities did not immediately confirm his arrival in the Gulf...

Doha, Qatar--Doha port received on Thursday the cruise ship MSC World Europa carrying 5,613 tourists and a crew of 2,121. They will be joined later by 555 tourists from Doha to a new itinerary to a number of tourist stops in the region.The cruise sector in Qatar has contributed to...

Doha, Qatar - The volume of trade exchange between Qatar and Russia reached QR 566 million ($143 million)  in 2022, Qatar Chamber board member Eng. Ali Abdullatif Al Misnad said during Qatari-Russian Business Council that was held on Wednesday via video conferencing with the participation of many representatives of a...

DOHA, QATAR -  Qatari prosecutors have charged former finance minister Ali Sharif Al-Emadi with bribery, money laundering and a range of corruption charges, the state news agency said Sunday.Al-Emadi, 54, was arrested in May 2021 when he was one of the most influential business executives in the Middle East. He will...

Doha, Qatar--In a sign of growing business ties between Qatar and France, trade between the two countries has increased by 165 percent to $4.5 billion in 2022, compared with $1.70 billion in 2021.Qatar Chamber recently participated in the Arab French Economic Summit 2023 which was held in Paris under the...

The Gulf kingdom is pursuing ambitious aviation goals as part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reform agenda, including more than tripling annual traffic to 330 million passengers by the end of the decade. It also wants to move up to five million tons of cargo each...

Doha, Qatar-- In order to ensure education for children in the least developed countries of Asia and Africa, Qatar Fund for Development (QFFD) and the Education Above All Foundation (EAA) signed four Memorandum of Understandings (MoUs) with Senegal, Bangladesh, Liberia, and Burkina Faso.The four MoUs focus on opportunities to provide...

Sheikh Mohammed Bin Abdulrahman al-Thani takes charge at a time when Qatar’s economy is booming, posting a surplus of $24 billion in its 2022 budget, nearly a 55-fold surge from the 2021 figure of $439 million.

The opening day of general debate at the once-in-a-decade summit saw no major announcement of desperately needed cash - apart from $60 million that host Qatar said it would give to United Nations programmes. Leaders of the world's major economies have been markedly absent from debate, which will last five...

UNCTAD’s Secretary-General Rebeca Grynspan and Deputy Secretary-General Pedro Manuel Moreno will lead the organization’s delegation to the fifth UN conference on LDCs (LDC5) taking place in Doha, Qatar from 5 to 9 March.

Doha, Qatar - Qatar Emir Sheikh Tamim ibn Hamad Al Thani announced Sunday a $60 million financial contribution to Doha Program of Action (DPoA).He was speaking at the Fifth UN Conference on the Least Developed Countries (LDCs) in Doha.Local media reports said that $10 million will be allocated for supporting...

At the moment just 36 percent of the 1.25 billion people in the world's 46 poorest countries can plug into the internet, the International Telecommunication Union said. By comparison, more than 90 percent have access in the European Union. The ITU condemned the "staggering international connectivity gap".

Achim Steiner, head of the United Nations Development Programme, said that 25 of the 52 were spending more than a fifth of government revenues servicing external debt. "The situation right now for developing countries when it comes to national debt is indeed very, very serious," Steiner said.

Doha, Qatar - The Producer Price Index (PPI) of Qatar’s industrial sector declined by 1.75 percent in January 2023 when compared with the PPI of January 2022. The PPI for January 2023 was 129.59 points, down 4.71 percent from December 2022.For mining and quarrying, the January PPI showed a decrease of...

Doha, Qatar-- Qatar is preparing to inaugurate the UN House in Doha, on the sidelines of the fifth UN Conference on Least Developed Countries (LDC5) which will be held in the capital from March 5-9.Sheikha Alya Ahmed bin Saif Al-Thani, Permanent Representative of Qatar to the United Nations Ambassador, said...

The Fifth United Nations Conference on the Least Developed Countries (LDC5) was twice postponed because of coronavirus. A plan of action was agreed at the UN general assembly last year, and no major cash pledges are expected at the Qatar meeting. The presidents will be there - with thousands of...

Sports, social and marketing events, including various global activities and competitions, are likely to bring in more Saudi tourists, Qatar Tourism's data suggest.

The surplus for Q4 2022 was 3.18 billion, compared to a deficit of $0.90 billion in the same quarter of 2021.

Al Khater said that the total direct Qatari investments in the US amounted to about $69 billion, and that 856 US companies operate in the Qatari market.

Qatar-based Gulf International Service has successfully accomplished the merger.

The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company.

Earnings per share declined to QR 0.006 in 2022.

The company's net profit in 2022 jumped to $278 million.

The earnings per share amounted to QR 0.26.

The company saw a 9 percent increase in its net profit.

Established in 1999, UDC was first listed on the Qatar Exchange in June 2003.

Its profit rose to $42m during 2022 as against $38m in 2021.

The bank’s earnings per share amounted to QR 0.25.

Earnings per share amounted to QR 0.165 in 2022.

MEEZA is a leading provider of end-to-end IT services in Qatar.

In 2021, the company's profit was $0.46 billion.

The board of directors has proposed a cash dividend of 40%

The company made a profit of $62 million in Q4 2021.