Islamic equities outperform other indices on Qatar Stock Exchange

Publication: gulf-times.com - English (English | Website) Islamic equities outperformed the other indices on the Qatar Stock Exchange (QSE) this week, which otherwise had truncated days in view of Eid holidays.The industrials and banking counters witnessed higher demand this week which saw Gulf Warehousing (GWC) calling off a proposal to acquire Spick and Span Cleaning Services...

Doha Bank CEO says worst of virus, oil-shock impact is over

Publication: gulf-times.com - English (English | Website) Doha Bank QPSC said the worst of the shock from the coronavirus pandemic and a slump in oil prices has already been reflected on the Qatar lender’s balance sheet.“We look forward to reset the button as and when the world reaches normalcy,” chief executive officer Dr Raghavan Seetharaman said...

QSE remains in positive trajectory despite domestic, Gulf funds’ sell pressure

Publication: gulf-times.com - English (English | Website) The Qatar Stock Exchange overcame strong selling pressure from domestic and Gulf funds in order to overall stay afloat in the positive trajectory this week which saw the bourse’s intentions to dual list exchange traded funds (ETFs) in the US’ NASDAQ.Foreign individuals were seen bullish on the bourse, which...

Singapore seen as Qatar’s LNG hub in Southeast Asia

Publication: gulf-times.com - English (English | Website) Singapore could serve as Qatar’s hub for liquefied natural gas (LNG) in the Southeast Asian region, Singapore’s ambassador to the State of Qatar Jai Sohan Singh said in a webinar hosted by Doha Bank on Wednesday. Qatar and Singapore have many synergies that should be explored, among which are collaborations...

Qatar full of opportunities for Japanese investors: Doha Bank GCEO

Publication: qatar-tribune.com - English (English | Website) There are opportunities galore for Japanese investors to take part in Qatar’s phenomenal growth, Doha Bank Group CEO R Seetharaman said on Tuesday.Speaking at a webinar entitled ‘Bilateral and Synergistic Opportunities between Qatar and Japan’, he said that Japanese investors can get easy access to the growth by investing...

QSE inches near 9,200 levels on strong buying at key counters

Publication: gulf-times.com - English (English | Website) The Qatar Stock Exchange on Monday witnessed strong buying at the telecom, real estate and industrials counters as its key barometer inched near 9,200 levels. Local and Arab retail investors as well as the Gulf funds were increasingly net buyers as the 20-stock Qatar Index settled 0.1% higher at 9,196.47...

QSE witnesses stronger buying interests in Islamic stocks

Publication: gulf-times.com - English (English | Website) The Qatar Stock Exchange on Sunday witnessed stronger buying interests in the Islamic stocks but overall it lost 25 points and its key barometer settled below 9,200 levels. A higher than average selling pressure was experienced in the banking sector — notably Masraf Al Rayan and Al Khaliji, which are...

Qatar’s banking sector needs further consolidation: Top bankers, analyst

Publication: thepeninsulaqatar.com - English (English | Website) A day after Qatar’s two Big Banks announced they are in talks for a potential mega merger, Qatar’s top bankers and financial experts said the GCC banking industry would see a flurry of activities in the M&A space in the coming days. Masraf Al Rayan and Al Khaliji, who announced...

The impact of second wave of Covid-19 in terms of global economics

Publication: gulf-times.com - English (English | Website) Global coronavirus cases exceeded 10mn in the beginning of this week, more than 5mn  have recovered. In recent times we are witnessing developments of second wave of Covid-19 across the globe. Amidst this IMF June 2020 has given its global forecast. According to IMF June 2020, global growth is...

QFTH open to include Islamic fintechs, SMEs in first wave of IAP

Publication: gulf-times.com - English (English | Website) Qatar Fintech Hub (QFTH), co-founded by Qatar Development Bank (QDB), is open to include fintechs specialising in Islamic finance, regulatory framework and small and medium enterprises (SMEs) under the first wave of its Fintech Incubator and Accelerator programmes (IAP), according to its top official. "The focus of Wave 1 is...