Gulf Times - profits
Domestic institutions’ buying interests lift QSE above 10,000 points

Domestic institutions’ buying interests lift QSE above 10,000 points

The Qatar Stock Exchange on Tuesday drove back into positive trajectory to settle above 10,000 points, mainly lifted by domestic institutions’ buying interests.

Qatar shares settle marginally lower below 10,000 level

Qatar shares settle marginally lower below 10,000 level

The Qatar Stock Exchange yesterday settled marginally lower below the 10,000 levels, mainly dragged by telecom, industrials, insurance and consumer goods sectors.

Private sector exports return to pre-coronavirus levels: Qatar Chamber

Private sector exports return to pre-coronavirus levels: Qatar Chamber

The total value of Qatar’s foreign merchandise trade in June 2020 stood at QR19.6bn, reflecting a 9.8% growth from QR19.3bn in April this year, according to Qatar Chamber’s latest monthly economic newsletter...

QSE settles below 9,900 levels as foreign funds book profits

QSE settles below 9,900 levels as foreign funds book profits

The retail investors’ strong buying was completely masked by foreign funds’ profit booking that the Qatar Stock Exchange on Wednesday settled below 9,000 levels.

QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%

QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%

The Qatar Financial Centre (QFC)-based corporate banks’ net profits saw nine-fold year-on-year jump and total assets grew 34%; and their stable deposits rose markedly in 2019 ...

Airline profits unlikely to reach forecast, says IATA chief

Airline profits unlikely to reach forecast, says IATA chief

International Air Transport Association Chief Executive Alexandre de Juniac said his organisation will issue fresh forecasts next week.

Qatar shares turn bearish, index settles below 9,000 mark

Qatar shares turn bearish, index settles below 9,000 mark

The Qatar Stock Exchange on Thursday witnessed local retail investors turn bearish and their non-Qatari counterparts increasingly book profits, after three consecutive days of a bull-run.

British PM vows crackdown on company bosses

British PM vows crackdown on company bosses

Theresa May said she would outline plans in the coming weeks to crack down on "abuse" of the system by business chiefs, following the collapse of outsourcing firm Carillion last week.

Emirates airline posts 82.5% drop in 2016-17 profit

Emirates airline posts 82.5% drop in 2016-17 profit

Leading Middle East airline Emirates said Thursday its profits had plunged by 82.5% in its last fiscal year, blaming fierce competition, currency devaluations and US travel restrictions.

High-end iPhone pushes prices up for Apple, but sales slow

High-end iPhone pushes prices up for Apple, but sales slow

Apple Inc sold fewer iPhones than expected in the first three months of the year, but that bare statistic hides an important bright spot for the company. The average selling price of an iPhone has grown.

GM wants to keep steering wheels, pedals in self-drive cars

GM wants to keep steering wheels, pedals in self-drive cars

General Motors chief executive Mary Barra came out strongly on Tuesday for regulations requiring the retention of steering wheels and foot pedals in self-driving cars.

Airlines forecast to make bigger 2016 profit than expected

Airlines forecast to make bigger 2016 profit than expected

Global airlines should make more money than previously expected this year, the International Air Transport Association said, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues.