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...

VODAFONE QATAR HALF YEARLY NET PROFIT INCREASES TO QR 81 MILLION

Vodafone Qatar P.Q.S.C. (“Vodafone Qatar” or the “Company”) announced its financial results for the six months ended 30 June 2020.  Key H1 2020 highlights compared to H1 2019 Service Revenue increased by 3.4% to QR 1 billionTotal Revenue increased by 1% to QR 1.1 billionEBITDA increased by 9% to QR 390 millionNet Profit increased by 4%...

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...

VODAFONE QATAR TO ANNOUNCE ITS SECOND QUARTER RESULTS ON 28 JULY 2020

 Vodafone Qatar P.Q.S.C. (“Vodafone Qatar” or the “Company”) announced that its Board of Directors will meet on 28 July 2020 to approve the Company’s financial results for the second quarter ending 30 June 2020.  The Board will also consider other items included on the Agenda for the meeting. The Company’s Financial Results will be made publicly available...

MoTC, PwC Qatar hold webinar on ‘Digital Tax Function: An SME Perspective’

Publication: gulf-times.com - English (English | Website) PwC Qatar, in collaboration with the Ministry of Transport and Communications (MoTC), held a webinar on the “Digital Tax Function: An SME Perspective”, under MoTC’s Digital Transformation of Small & Medium Business Enterprises programme, supporting the development of Qatar’s knowledge-based economy by developing a sustainable and innovative ICT ecosystem.The...

Deutsche Bank Enters into Partnership with Google Cloud Services

Deutsche Bank said that it has agreed a strategic, multiyear partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients. A source familiar with the matter told Reuters that Deutsche Bank expects the partnership to generate more than 1 billion euros ($1.13 billion) in accumulated earnings before...

PPP law to help boost major projects in Qatar: Minister

Publication: qatar-tribune.com - English (English | Website) The issuance of the Public-Private Partnership (PPP) law will be crucial in regulating the private sector’s contribution to the implementation of major development projects in Qatar, Minister of Commerce and Industry HE Ali bin Ahmed Al Kuwari said on Tuesday.Addressing the opening session of the first PPP conference entitled...

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...