AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting

AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting that the conference agenda touches on important topics for Arab markets.

He acknowl…

Beema’s Q1 of 2024 Net Profit Reaches QR 16.1 million

Doha: Damaan Islamic Insurance Company (Beema) saw its Q1 profit rise 18.1 percent, reaching a net profit of QR 16,155,896 in comparison to net profit QR 13,669,950 for the same period of the previous year.

The company said in a statement carried by …

AFCM Annual Conference 2024 Kicks Off

Doha: Under the patronage of HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, HE Minister of Commerce and Industry and Chairman of the Qatar Stock Exchange (QSE) Sheikh Mohammed bin Hamad bin Qassi…

S. Korea’s Retail Sales Rise 10.9% in March

Retail sales in South Korea rose 10.9% on-year in March on the back of stronger demand for travel and entertainment services from online platforms.

The combined sales of 25 major offline and online retailers came to 15.8 trillion won ($11.45 billion)…

Qatar Participates in General Session of IDB Governors

The State of Qatar’s delegation participated in the plenary session of the 49th annual meeting of the Board of Governors of the Islamic Development Bank (IDB), held in Riyadh, Kingdom of Saudi Arabia.

The delegation was headed by HE Minister of Finan…

Oil Prices Fall 1% in Early Trade

Oil prices fell in early Asian trading on Monday, erasing gains from Friday.

Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55.

West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at …

Widam Narrows Q1 Losses 39% YoY

Doha: Widam Food Company, a Qatari publicly-traded company, reduced its losses by 39.4% in Q1 of 2024. They recorded a loss of 10,529,376 in the first three months of 2024, compared to a loss of QR 17,372,868 during the same period of 2023.

The compa…