Qatar news

15 minutes ago Oil prices near stable at 3-yr highs
Oil prices fell on Friday but remained at three-year highs ahead of US oil rig data
19 April 09:48 PM Watch Sophia answers Mubasher’s questions
Sophia was the first robot with an earthly citizenship, after being granted the Saudi citizenship not so long agoxasdas
19 April 08:44 PM UK to ban plastic straws, cotton buds
UK revealed on Thursday plans to impose a ban on the sale of plastic straws and drink stirrers and plastic-stemmed cotton buds
19 April 07:52 PM Oil-price surge may prompt next crisis -Analyst
The recent rise in oil prices could speed up a crisis in the energy market, according to an oil economist.
19 April 07:20 PM Miguel Diaz-Canel elected as new president of Cuba
Miguel Diaz-Canel has been sworn in as the new president of Cuba, after former leader Raul Castro decided to retire
19 April 06:11 PM US natural gas storage fall in week
US natural gas stockpiles declined last week, according to EIA
19 April 05:56 PM ‘Full-on global meltdown’ in stocks seen ‘too early’ -Goldman Sachs
A Goldman Sachs Asset Management top official has said that there should be no fears of a "global meltdown in equities"
The state-owned petroleum company sold the first cargo of DFC
19 April 05:31 PM Qatar Petroleum sets lower premiums for June condensate cargoes
Mubasher: Qatar Petroleum has sold two condensate cargoes loading in June at lower premiums compared to a month earlier, trade sources said. The state-owned petroleum company sold the first cargo of deodorised field condensate (DFC) to Hyundai …
19 April 05:25 PM Nestle sales rise 1.4% in Q1-18
Nestle has reported a growth in sales during the first quarter of 2018
19 April 05:07 PM Analyst warns of ‘violent’ oil sell-off as Saudi eyes $100/barrel
Analysts do not expect the recent rise in oil prices to continue towards Saudi Arabia's desired $100 per barrel
The initiative also helped in reducing harmful emissions by an average of 1.5 tonnes per year
19 April 05:06 PM Tarsheed initiative saves QAR 5bn in 6 yrs - Minister
Mubasher: Qatari energy and industry minister Mohammed Saleh Abdulla Al Sada stated that Tarsheed initiative helped save 265 billion cubic metres of natural gas within five years.  The total cost of the saved gas quantities amounted to QAR 5 …
The pressure on oil prices forced the economies to look at diversification
19 April 04:24 PM IHG Global mulls expansion in Middle East – CEO
Mubasher: Intercontinental Hotels Group Global (IHG Global) has plans to grow its business across the Middle East, the CEO of IHG Global, Keith Barr, said. The CEO has discussed the hotel group's plan to expand in the Middle East in an exclusive …
Profits amounted to QAR 169.5 million in Q1-18
19 April 03:56 PM Al Khalij profit hits QAR 169.5m in Q1-18
Mubasher: Al Khalij Commercial Bank (KCBK) on Thursday posted a 5.3% year-on-year growth in its profits for the first quarter of 2018. Profits amounted to QAR 169.5 million in Q1-18, up from QAR 160.9 during Q1-17, according to the bank’s filing …
19 April 03:53 PM US jobless claims fall in week ended 14 April
Unemployment claims in the US fell in the week ended 14 April by 1,000 claims
QNB also maintained CBQ’s market perform rating
19 April 03:36 PM QNB raises CBQ PT at QAR 35/shr
Mubasher: Qatar National Bank (QNB) Financial Services on Thursday has raised Commercial Bank of Qatar’s (CBQ) price target at QAR 35 per share, up from QAR 29 a share. QNB also maintained CBQ’s market perform rating, adding that “CBQK is trading …
19 April 03:12 PM Eurozone current account surplus falls in February​​​​​​​
The Eurozone’s current account surplus recorded a decline in February from the prior month.
The Qatari armed forces did not give further details concerning the deal’s value.
19 April 03:06 PM Qatar buys patriot missile system from US Raytheon
Mubasher: The Qatari defense ministry on Thursday has signed an agreement with US-based Raytheon Company, the world's largest producer of guided missiles, to buy new patriot missile system. The Qatari armed forces did not give further details …
The general index rose 141.60 points, or 1.56%, to finish at 9,196.62 points.
19 April 02:22 PM QSE ends Thursday in green amid heavy liquidity
Mubasher: The Qatar stock exchange (QSE) closed Thursday’s trading in positive territory, for the fourth session in a row, encouraged by the massive growth of all sectors, amid high liquidity. The general index rose 141.60 points, or 1.56%, to …
19 April 02:07 PM Amazon Prime has over 100m members – Bezos
Jeff Bezos revealed that Amazon Prime subscribers have exceeded 100 million
The MoU aims at meeting Qatar's needs from float glass panels
19 April 02:01 PM QIMC, US Stewart Engineers ink MoU for glass production
Mubasher: Qatar Industrial Manufacturing (QIMC) on Thursday has signed a memorandum of understanding (MoU) with US-based Stewart Engineerings to set up float glass facility in the GCC nation with QAR 700 million in investments. The MoU aims at …
19 April 01:38 PM Global pharmaceuticals sector seen “Stable” – Moody’s
The global pharmaceutical industry is expected to register a growth of 1%-2% in earnings in the coming 12 to 18 months, Moody's says
19 April 01:07 PM UK retail sales fall 0.5% in Q1
Retail sales in the UK decreased in the first quarter of 2018
19 April 12:47 PM Opel may cut 800 jobs in Germany – DPA
Carmaker Opel is reportedly planning to cut up to 800 jobs in Germany
Loans went up 9.6% to QAR 937.4 billion in the third month of 2018
19 April 12:18 PM Qatar bank credit hits QAR 258bn in March
Mubasher: Bank lending in Qatar recorded an all-time high in March 2018, Qatar Central Bank (QCB) said. Loans went up 9.6% to QAR 937.4 billion in the third month of 2018, up from QAR 855.5 billion in the same month a year earlier, according to …
19 April 12:04 PM Gold prices rise as metals rebound
Gold prices increased during Thursday's trades, backed by the rebound in the prices of metals and commodities.