Qatar, through Turkish commercial vehicle manufacturer BMC, will be involved in the production of Turkey’s first locally-built automobile, according to an official of the Union of Chambers and Commodity Exchanges of Turkey (TOBB).
The promotion of incentives and development of trade facilities would help encourage joint investments between Qatar and Turkey, private sector leader Qatar Chamber said in a statement yesterday.
Following a 30% growth in Qatar-Turkey bilateral trade in the fourth quarter of 2017, trade volume between the two countries is expected to “increase further” this year, a Qatar Chamber official said.
Qatar is witnessing robust momentum in the fintech (financial technology), opening up increasing opportunities for digital payments, money management, ..
Masraf Al Rayan has reported a net profit of QR2.03bn in 2017 and recommended a 20% cash dividend for shareholders.
Vodafone Qatar has said its mobile customers reached 1.39mn during the three months ended on December 31, 2017; the company also disclosed a total compensation of QR90mn for the network outage in July last year.
Wall Street returned from a long holiday weekend to set new records amid solid corporate earnings reports and optimism for profits in 2018 due to a US tax reform.
Saudi Arabian investment firm Kingdom Holding has sold its stake in the Four Seasons Hotel in Beirut for around $100-115mn including debt, sources told Reuters.
Capital investments in development projects associated with the revitalisation of the Northern regions of the UK offer significant opportunities to Qatari investors.
China’s economy exceeded Beijing’s annual growth target in 2017, analysts said in an AFP survey, overcoming the government’s battles against massive debt and pollution-spewing factories.
The role and status of cryptocurrencies within the Islamic system of values remains a hotly disputed issue in the Muslim world.