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Category: Industry

Digesting Biden exit, markets focus on earnings, data

Washington, World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.

Biden’s exit from the race has cast some doubt on a Republican vic…

Baladna Profits Surge 137 Percent in H1 of 2024

The net profits of Baladna Q.P.S.C. rose 137 percent in the first half of 2024, reaching QAR100.420 million, compared to QAR42.297 million, in the same period in 2023.

According to the company’s data published on Qatar Stock Exchange (QSE)s website o…

Qatar Airways Signs an Expansion to Boeing 777-9 Aircraft Order

On the second day of the Farnborough International Airshow, Qatar Airways announced that its significant order of Boeing 777X aircraft has been expanded to include an impressive 20 Boeing 777-9s.

This is in addition to its existing order of 40 Boeing…

China’s Fiscal Revenue Down 2.8% in H1 2024

China’s fiscal revenue fell 2.8 percent year on year to 11.59 trillion yuan (about 1.62 trillion USD) in the first half of 2024 (H1), according to data released by the Ministry of Finance.

However, after accounting for the impacts of a higher base du…

German Government Tax Revenues Rise in First Half of 2024

German government tax revenues have slightly risen in the first half of 2024, in comparison to the same period of last year.

According to the German Finance Ministry’s monthly report, tax revenues amounted to 176.5 billion euros, an increase of 4.6 p…

QDB to Host 3rd Arab SME Summit (Rowad 2024)

Qatar Development Bank signed today a memorandum of understanding with the United Nations Economic and Social Commission for Western Asia (ESCWA) in the latest bid to promote and support SMEs in Qatar and the Arab region.

In line with the agreement, …

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