Qatar news

3 hours ago Brexit deal should be flexible - Merkel

German Chancellor Angela Merkel said on Tuesday that any agreement between the United Kingdom and the European Union should be flexible

Global Reports

4 hours ago US household debt nearly triples in Q2

This is the 16th consecutive quarter of increases

Global Reports

14 August 06:24 PM 22 killed after highway bridge collapses in Italy

At least 22 people were killed after a motorway bridge collapsed on torrential rains that hit buildings in north Italy on early Tuesday.

Global Markets brief

14 August 05:33 PM US import inflation accelerates to 6.5-yr high in July

The costs of the US import remained flat in July after declining in June.

Global Reports

14 August 05:03 PM Erdogan urges Turks to boycott US electronics

Turkish President Recep Tayyip Erdogan on Tuesday stated that his country will boycott US electronic products, including Apple’s iPhones.

Global Reports

14 August 03:47 PM US small business owner morale hovers record high in July

Positive sentiment among US small businesses saw an improvement in July, recording the second highest level in history.

Global Reports

Profits amounted to QAR 21 billion in H1-18

14 August 03:11 PM QSE-listed frims’ profit rises 5% in H1-18

Mubasher: The financial statements of the 45 companies listed on the Qatar Stock Exchange (QSE) showed a profit increase of 5% year-on-year in the first half of 2018, according to the bourse’s statement released on Tuesday. Profits amounted to QAR …

Trading Activities

14 August 03:09 PM German economic morale improves in August

German economic confidence saw a more-than-expected a resilient gain in August, survey data showed on Tuesday.

Global Markets brief

14 August 02:38 PM Canada’s largest builder faces new growth risk amid Saudi spat

As the diplomatic feud between Canada and Saudi Arabia is escalating, one of the major pillars of SNC-Lavalin Group’s growth plans stood at stake.

Global Reports

14 August 02:14 PM Real estate, banks boost QSE at Tuesday’s close

Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading session in the green, encouraged by the growth of five sectors, amid low liquidity. The general index rose 0.86%, or 82 points, to close the mid-week session at 9,638.60 points. The …

Trading Activities

EPS remained unchanged at QAR 4.84 in H1-18

14 August 01:45 PM Zad Holding logs QAR 115m profit in H1-18

Mubasher: Zad Holding Company on Tuesday reported a 0.7% year-on-year increase in its profits for the second quarter of 2018. Net profits amounted to QAR 64.99 million ($17.96) in Q2-18, compared to QAR 65.44 million ($18.08 million) in Q2-17, …

Financial Results

14 August 01:12 PM Eurozone industrial output drops 0.7% in June, EU28 0.4%

The Eurozone's industrial production declined 0.7% in June, compared with the previous month, data showed on Tuesday.

Global Reports

14 August 12:53 PM Germany’s economic growth accelerates in Q2 amid cautious outlook

Germany’s economic growth gained momentum in the second quarter of 2018, official data showed on Tuesday.

Global Markets brief

14 August 12:47 PM Updated Eurozone, EU28 Q2 economic growth confirmed at 0.4%

Gross domestic product (GDP) in Eurozone and the 28-member European Union (EU28) rose 0.4% in the second quarter of 2018, compared with the previous quarter.

Global Reports

14 August 12:12 PM Updated UK jobless rate slips in Q2; wage growth declines

The UK Labour Force Survey estimates indicated that the number of working people rose between the first quarter and the second quarter of 2018.

Global Reports

Mazaya’s profits levelled up 20.5% to QAR 16.21 million in H1-18

14 August 11:06 AM Mazaya Qatar logs QAR 22.53 profit in Q2-18

Mubasher: Mazaya Qatar Real Estate on Tuesday reported a 167.3% year-on-year hike in its profits for the second quarter of 2018. Net profits amounted to QAR 22.53 million ($6.23 million) in Q2-18, compared to QAR 8.43 million ($2.33 million) in …

Financial Results

14 August 11:02 AM China’s economy slows in July as investment hits two-decade low

China’s business activity has seen a further slowdown during July, as investment hit an almost two-decade low, official data revealed on Tuesday.

Global Reports

The real estate sector topped the QSE’s gainers adding 0.62%

14 August 10:32 AM QSE starts Tuesday in green

Mubasher: The Qatar Stock Exchange (QSE) started Tuesday’s trading session in green territory, helped by the growth of four sectors. By 10:00 am Qatar time, the general index inched up 0.06% to 9,562.37 points, adding 5.73 points. Turnover …

Trading Activities

14 August 10:29 AM Saudi output cut drives oil higher despite economic slowdown

Oil prices inched up on Tuesday after the Organization of Petroleum Exporting Countries (OPEC) confirmed that Saudi Arabia trimmed production to evade potential oversupply

Oil and Energy

14 August 10:16 AM Kuwait’s crude oil adds 62 cents – KPC

Mubasher: The price of Kuwait’s crude oil increased by 62 cents to settle at $70.53 per barrel (pb) on Monday compared to $69.91 pb in the prior session, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the global level, …

Macroeconomics