Doha: The increasing use of artificial intelligence (AI) has continued to have negative impact on the information technology (IT) job market in the US, with unemployment rates increasing in this vital sector. According to the US newspaper the Wall Str…
Kuwait City: Kuwait Bourse closed trading on Sunday as the All Share Index gained 23.70 points to reach 7,919.09 points, an increase of 0.30 percent. As many as 655.2 million shares valued at KWD 195.7 million (roughly USD 602.7 million) were traded v…
Doha: United Development Company (UDC) announced that it achieved a net profit of QR 426 million for 2024, compared to a net profit of QR 402 million for 2023, representing an increase of 6 percent in profits.
According to Qatar News Agency, in a st…
Doha: The net profits of Qatar General Insurance and Reinsurance Company, a Qatar public joint-stock company, reached QAR 28,963,000 in 2024. This marks a significant turnaround from a net loss of QAR 1,465,982,000 in 2023.
According to Qatar News A…
Doha: Qatar Central Bank (QCB), in coordination with the Real Estate Regulatory Authority – Aqarat, has issued instructions on the creation and operation of real estate development escrow accounts. The statement, released on Sunday, highlights QCB’s e…
Doha: Qatar Chamber (QC) discussed ways to enhance cooperation between the Qatari private sector and its Filipino counterpart by launching joint projects and building trade alliances between companies in the two countries. This came during a business …
Doha: The latest exchange rates for various currencies and metals in Qatar have been released. The U.S. Dollar is currently trading between 3.63000 and 3.65000 Qatari Riyals. The Omani Riyal ranges from 9.39700 to 9.65100, while the Saudi Riyal is pri…
Doha: HE Minister of Finance, Ali bin Ahmed Al Kuwari met with HE Special Presidential Envoy and Ambassador for Investment and Industrial Cooperation of the Republic of Korea, Choi Joong Kyung, who is visiting. The meeting focused on discussions about…