Gulf Times - economy
Opec-GECF energy dialogue focuses on impact of Covid-19 on global economy, oil and gas markets

Opec-GECF energy dialogue focuses on impact of Covid-19 on global economy, oil and gas markets

An Opec-GECF energy dialogue through webinar focused on the impact of Covid-19 on global economy, oil and gas markets, medium- and long-term energy market assumptions and perspectives ...

Banks ‘key enablers’ to successful restart of local economy: QIB chief

Banks ‘key enablers’ to successful restart of local economy: QIB chief

Banks in Qatar are acting as key enablers for the successful restart of the local economy, supported by the Governments’ stimulus programme and QCB’s initiatives, says QIB chief executive officer Bassel Gamal.

Resilient Qatar economy attracts investors across world: Al-Jaida

Resilient Qatar economy attracts investors across world: Al-Jaida

Strong macroeconomic fundamentals and the expectations of improving profitability at non-energy private sector are prompting investors across the world to increasingly look at Doha with confidence ...

Resilient Qatar economy continues to maintain growth momentum

Resilient Qatar economy continues to maintain growth momentum

The siege against Qatar imposed by its Arab neighbours on June 2017 failed to slow the rapid growth of the country’s economy even as the government managed to transform its impact into economic benefits ...

Australia heading for recession after economy contracts

Australia heading for recession after economy contracts

Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter, with a ‘far more severe’ reading expected in the next three months as the effects of the virus shutdown bite.

Large corporates urged to offer concessions to SMEs to support economy

Large corporates urged to offer concessions to SMEs to support economy

Large corporate houses in Qatar should re-engineer the payment terms and offer concessions to the small and medium enterprises (SMEs) to complement the sovereign efforts ...

Philippine economy shrinks first time in two decades

Philippine economy shrinks first time in two decades

The Philippine economy contracted for the first time in more than two decades during the first quarter, but officials warned Thursday that the worst was likely yet to come as the nation reels from the coronavirus ...

Samsung heir apologises over corruption scandal

Samsung heir apologises over corruption scandal

The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.

Australia 'losing $2.5 bn a week' in virus shutdown

Australia 'losing $2.5 bn a week' in virus shutdown

Australia's economy is losing Aus$4 billion (US$2.5 billion) every week its virus shutdown continues, with GDP forecast to plunge 10 percent in the June quarter, according to figures announced Tuesday.

India set to extend lockdown despite impact on economy

India set to extend lockdown despite impact on economy

The Indian government is set to extend a 21-day national lockdown to contain the spread of coronavirus beyond Tuesday, a regional leader said Saturday after a meeting with Prime Minister Narendra Modi.

Qatar economy seems to have entered new normal: Euler Hermes

Qatar economy seems to have entered new normal: Euler Hermes

Qatar's economy seems to have entered a new normal where the country will continue experiencing slower growth rates, Euler Hermes has said in a report.

Negotiations lag on $1 trillion stimulus for virus-hit US

Negotiations lag on $1 trillion stimulus for virus-hit US

US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline to reach an agreement by the end of Friday.