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Qatar’s financial wealth to reach $306bn by 2025: BCG

Qatar’s financial wealth to reach $306bn by 2025: BCG

Qatar’s financial wealth grew by a compound annual growth rate (CAGR) of 3.6% to $263bn during 2015-20 and is expected to grow 3.1% CAGR to $306bn by 2025, indicating the Gulf country's resilience amidst the protracted Covid-19 pandemic, according to Boston Consulting Group (BCG).

QSE inches near 10,850 levels; Islamic equities outshine

QSE inches near 10,850 levels; Islamic equities outshine

Islamic equities rose faster than the conventional ones in the Qatar Stock Exchange, which Tuesday gained about 27 points to inch near the 10,850 levels.

SocGen lifts its outlook as loan worries fade, stocks rebound

SocGen lifts its outlook as loan worries fade, stocks rebound

Societe Generale SA gave an upbeat outlook for the year as the economic recovery allows it to set aside less for soured loans and a rebound in equities trading fuelled earnings that beat analysts’ estimates.

Indian stock prices at record high as low rates aid risk-taking

Indian stock prices at record high as low rates aid risk-taking

India’s main stock indexes closed at a record high as investors bet that Asia’s third-largest economy will keep the stimulus taps flowing to recover from a deadly wave of the coronavirus.

Qatar's auto sector in overdrive in June as new registrations gather pace

Qatar's auto sector in overdrive in June as new registrations gather pace

A robust double-digit growth in the new vehicles, especially personal use and private transport as well as heavy equipment, helped Qatar's automobile sector maintain a bullish trend in June this year, according to the official statistics.

Qatar registers QR33.2bn foreign merchandise trade in May

Qatar registers QR33.2bn foreign merchandise trade in May

Qatar’s total value of foreign merchandise trade amounted to QR33.2bn in May 2021, showing a month-on-month (m-o-m) increase of 14.1%, Qatar Chamber stated in its monthly economic newsletter for July.

Qatar well-positioned to regain market share in low-carbon investments over coming decade: Fitch Solutions

Qatar well-positioned to regain market share in low-carbon investments over coming decade: Fitch Solutions

Qatar is well-positioned to regain market share over the coming decade in low-carbon investments, according to Fitch Solutions.

Foreign funds help QSE scale 10,800 levels

Foreign funds help QSE scale 10,800 levels

The Qatar Stock Exchange Monday gained more than 80 points to surpass the 10,800 levels, mainly on increased buying interests of foreign funds.

GCC polymer production capacity may have reached 30.9mn tonnes in 2020: GPCA

GCC polymer production capacity may have reached 30.9mn tonnes in 2020: GPCA

GCC polymer production capacity is expected to have reached 30.9mn tonnes in 2020, growing by 4.7% CAGR since 2010, Gulf Petrochemicals and Chemicals Association (GPCA) has said in a report.

International symposium to showcase Qatar-Germany co-operation

International symposium to showcase Qatar-Germany co-operation

An international symposium slated this September is expected to showcase political, economic, and cultural co-operation between Qatar and Germany, according to the German Industry & Commerce Office Qatar (AHK).

Mekdam shares rise 46% on debut

Mekdam shares rise 46% on debut

Mekdam Holding Group Monday shot up as much as 50% upon debut but finally closed 45.64% higher when its 5.6mn shares came up for trading, thus becoming the second entity in the venture market (QEVM) of the Qatar Stock Exchange (QSE).

Meggitt shares soar on $8.8bn purchase by Parker-Hannifin

Meggitt shares soar on $8.8bn purchase by Parker-Hannifin

Parker-Hannifin Corp, the US maker of industrial motion-control systems, agreed to buy Meggitt Plc for £6.3bn ($8.8bn) in cash to strengthen its hand in a rebounding aerospace industry.

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