European stocks market close on firm note
dpaBrusselsEuropean stocks closed higher on Monday with investors closely following the developments on the geopolitical front and looking ahead to a slew of economic data from the region for clues on the European Central Banks interest rate trajectory.Eurozone preliminary flash GDP consumer confide
Volkswagen to shut at least 3 German plants, plans mass layoffs
AgenciesVolkswagen is preparing to close at least three factories in Germany cut tens of thousands of jobs and downsize its remaining plants marking a more extensive restructuring than initially anticipated the head of the carmakers works council said on Monday.Europes biggest automaker has been negotiating
Boeing launches offering to raise up to $19bn to shore up finances
AgenciesBoeing on Monday initiated a stock offering that could potentially raise up to $19 billion aiming to bolster the planemakers finances strained by an ongoing worker strike exceeding a month and to maintain its investment-grade credit rating.The company is offering 90 million in common stock and $5 billion
MPHC posts QR567mn in net profit for nine months
Tribune News NetworkDohaMesaieed Petrochemical Holding Company (MPHC) on Monday announced a net profit of QR567 million for the nine-month period ended 30 September 2024 representing a decline compared to 9M-23.The decline in profitability was primarily attributed to lower selling prices which resulted in reduced Group revenue. The drop in Group reven
Advanced digital infra key to Qatar’s Cybersecurity Strategy: PwC
Tribune news networkDohaPwC Middle East in collaboration with Microsoft Qatar held an interactive roundtable focusing on cybersecurity and data protection measures for public and private sector entities including AI in cyber security. This event comes during Global CyberSecurity awareness month. The discussion emphasised that robust cybersecurity coup
Qatar Chamber, Saudi AYBC discuss enhancing cooperation relations
Tribune news networkdohaQatar Chamber recently received a Saudi delegation representing the Asharqia Young Businessmen Council (AYBC). The meeting was attended by QC Acting General Manager Ali Saeed Bu Sherbak Al Mansori Director of Administrative and Financial Affairs Hussian Yousef Al Abdulghani Director of Legal Affairs Abdulaziz Al Kuwari and Pre
QCB governor meets with Mary Erdoes
Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al Thani met with Mary Erdoes JP Morgan Asset & Wealth Management Chief Executive Officer on Monday. During the meeting they reviewed the latest global developments in banking and finance.
UDC posts QR241 million in net profit for nine months of 2024
Tribune News NetworkDohaUnited Development Company (UDC) has announced its financial results for the third quarter of 2024 reporting a net profit of QR241 million on revenues of QR1.2 billion. The net profit attributable to equity shareholders amounted to QR242 million with basic earnings per share of QR0.068.Throughout the first nine mo
QIIB net profit up 6.5% in Q3
Tribune news networkdohaQatar International Islamic Bank (QIIB) achieved a net profit of QR1040 million at the end of third quarter (Q3) of 2024 which represents a growth rate of 6.5% compared to the corresponding period in 2023.The results for the period ending September 30 2024 was announced by Sheikh Khalid bin Thani bin Abdullah al Thani Chairm
Qatar logistics body QAFL names members
Tribune News NetworkDohaThe Qatar Association for Freight Forwarding and Logistics (QAFL) held its third meeting at the Qatar Chamber presided over by QC board member and QAFL President Ali bin Abdullatif Al-Mesned with the attendance of its Vice President Ehab Matta from Qatar Airways.During the meeting the following members of the association we
UDC wins best cloud transformation and digital leader awards
Tribune News NetworkDohaUnited Development Company the master developer of The Pearl and Gewan Islands has been honoured with two prestigious accolades: Best Cloud Transformation Project 2024 and Best Digital Transformation Leader 2024. These awards were presented during the Middle East Enterprise AI & Analytics Summit and Awards held at Marsa Malaz
Moody’s cuts France’s outlook to negative on debt, deficit concerns
AgenciesCredit ratings agency Moodys downgraded Frances outlook to negative on Friday opening the door to a potential credit rating cut as it cited concerns over the countrys finances particularly the countrys debt and widening budget deficits.The shift reflects an increasing risk that Frances government will be unlikely to implement measur
25 graduates complete QICCA’s arbitrator training programme
Tribune News NetworkDohaThe Qatar International Centre for Conciliation and Arbitration (QICCA) at Qatar Chamber recently concluded the Qualification and Preparation of Arbitrators Programme held in cooperation with Qatar Universitys Centre for Continuing Education.QICCA Board Member for International RelationsSheikh Dr. Thani bin Ali Al Than
UK consumer confidence falls amid ‘despondent mood’ ahead of Budget
PAMedia/dpaLondonConsumer confidence in the United Kingdom has fallen again amid further worsening sentiment around the upcoming autumn Budget according to a long-running survey.GfKs Consumer Confidence Index fell one point in October to minus 21 as peoples predictions for the general economy worsened over the coming year despite a slight im
Qatar Tribune was launched on the 35th Independence Day of Qatar, under the parentcompany QIM Group, which has a history in the publishing, printing & distribution field.
QNADohaThe Shura Council has unanimously approved the draft constitutional amendments after reviewing the report of the special committee studying the amendment of some articles of the constitution. Constructive and in-depth discussions took place in the
Tribune News Network Doha
AFCSeoulQatar talisman Akram Afif could become the first player from his nation to win the AFC Player of the Year accolade twice following a sensational 2023-24 campaign.Nominated for a second occasion the 2019 recipient will fancy his chances of a repe
Tribune News NetworkDohaQatarEnergy has signed a partnership agreement with TotalEnergies to enter into a solar power project that is part of the Gas Growth Integrated Project (GGIP) in Iraq.Pursuant to the terms of the agreement which is subject to regu