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17 January 11:25 AM

Qatar news

16 January 11:29 PM Oil goes up at Wednesday's settlement
Mubasher: Oil futures settled higher on Wednesday due to the decline in the US inventories.
Oil and Energy
16 January 10:34 PM Gold settles up on Wednesday
Mubasher: Gold went up at Wednesday’s settlement, backed by the negative developments in respect of Brexit.
Goods and Metals
Doha’s foreign debt reached around $42.97 billion at the end of 2018
16 January 08:02 PM Qatar’s external debt soars 146.7% in 5 yrs
Mubasher: The Qatari external debt catapulted by 146.7% or QAR 93 billion ($25.55 billion), during the last five years. Doha’s foreign debt reached around $42.97 billion at the end of 2018, compared to $17.42 billion in 2014, according to the …
Macroeconomics
16 January 07:27 PM Goldman Sachs swings to profit in Q4
Goldman Sachs posted a year-on-year profit in the fourth quarter of 2018, while its investment banking and investing and lending revenues came better than expected.
Global Reports
16 January 06:34 PM US crude inventories drop as oil prices rise
US crude oil stockpiles fell by 2.7 million to 437.1 million barrels in the week ended 11 January.
Global Reports
16 January 06:19 PM US builder sentiment recovers in January
US home builder morale improved in January on a gradual decline in mortgage rates in recent weeks, data showed on Wednesday.
Global Reports
16 January 05:59 PM Bank of America profit surges in Q4 on higher rates
Bank of America on Wednesday reported a year-on-year 208% surge in its net income during the fourth quarter of 2018, while its revenue climbed 11%.
Global Markets brief
Qatar Islamic Bank (QIB) on Wednesday reported a 19.01% year-on-year increase in profits in the fourth quarter of 2018
16 January 05:42 PM Qatar Islamic Bank’s profit grows 19% in Q4-18
Mubasher: Qatar Islamic Bank (QIB) on Wednesday reported a 19.01% year-on-year increase in profits in the fourth quarter of 2018 and recommended the distribution of cash dividends at 50% of the share’s nominal value at QAR 5 per share. Net profits …
Financial Results
16 January 05:34 PM Dubai Frame attracts 1m visitors in a year
The 150-metre structure offers views of Dubai’s old and modern city
Global Reports
16 January 05:31 PM Etihad Airways launches world’s 1st flight run by UAE plants
Sustainable fuel for the flight was produced from oil in Salicornia plants
Global Reports
16 January 05:18 PM Fiserv to acquire First Data for $22bn
US financial technology provider Fiserv on Wednesday announced that it would purchase payment processor First Data in an all-stock $22 billion deal.
Global Markets brief
16 January 04:58 PM Platinum may become new ‘Dark Horse’ among metals – PIMCO
Platinum is expected to be the dark horse among major metals in the coming period due to its low price
Goods and Metals
16 January 04:44 PM US import prices fall in December on lower fuel costs
The costs of the US import dropped in December 2018, helped mainly by lower fuel prices, data showed on Wednesday.
Global Reports
16 January 04:11 PM Turkey C.bank keeps policy rate on hold as inflation slows
Turkey's central bank left its benchmark interest rate unchanged on Wednesday, mollifying investor worries that it could relax policy after inflation retreated.
Global Markets brief
16 January 03:30 PM No-deal Brexit could be ‘fatal’ – German automakers  
German car manufacturers on Wednesday warned of dire consequences, if the UK crashed out of the European Union without an accord.
Global Reports
16 January 02:51 PM GCC sovereign outlook seen stable despite several challenges – Moody’s
Global Reports
16 January 01:53 PM European 2018 car sales ticks up, extends 5th yearly growth
The European car market grew slightly in 2018, despite contractions in the last four months owing to a new emission test, data showed on Wednesday.
Global Reports
16 January 12:56 PM Updated UK inflation inches down to 2.1% in December
The UK’s consumer price index (CPI), the country’s headline inflation indicator, edged down to 2.1% year-on-year in December 2018, from 2.3% in November.
Global Markets brief
16 January 12:48 PM UK output price inflation retreats to 2.5% in December
The UK producer price Index for the goods leaving factories went down to 2.5% in the year to December 2018, from 3%.
Global Markets brief
16 January 12:28 PM Gold rises as dollar weakens on failed Brexit vote
Gold edged up on an expected pause in interest rate hikes and a weaker dollar after rejecting Brexit deal.
Goods and Metals
The new deal will cover promotions, discounts, product co-creation, and use of Ooredoo's 5G network
16 January 12:19 PM Ooredoo, Uber sign partnership offering discounts to Passport, Nojoom holders
Abu Dhabi – Mubasher: Ooredoo Qatar revealed that it has struck a partnership with taxi-hailing application Uber. The new deal will cover promotions, discounts, product co-creation, and use of Ooredoo's 5G network.  Under the deal, Ooredoo …
Companies Investments
16 January 12:01 PM Oil stable Wednesday as OPEC-led curbs fan tighter market hopes
Oil steadied on Wednesday as hopes that supply cuts could tighten market fundamentals wiped out signs of a slowdown in global economy.
Oil and Energy
16 January 11:01 AM UAE’s sukuk issues may hit AED 29.4bn in 2019–S&P
The US-based ratings agency, S&P Global expected that the UAE may issue sukuk at a value of AED 29.4 billion ($8 billion)
Global Reports
16 January 01:40 AM UK parliament overwhelmingly rejects May’s Brexit plan
The UK parliament rejected a proposed Brexit deal, triggering opposition’s calls for a no-confidence vote Prime Minister Theresa May
Global Reports
15 January 07:48 PM Netflix raises prices on subscription plans
Netflix raised prices for all of its subscription plans by 13% to 18%, its largest hike since launching its streaming service 12 years ago.
Global Markets brief