The A380 frightened airline financial chiefs long before the pandemic. But faced with a global crisis, and with air travel demand shattered by storm Covid-19, most airlines are quite clear on the future of this jet: There isn’t one.

The Arab individuals and the Gulf funds were increasingly net buyers amidst an overall bearish overhang in the Qatar Stock Exchange on Wednesday.

Qatar has topped the Middle East and North Africa region, securing 53rd rank in WEF’s Energy Transition Index 2021.

Treasury Secretary Janet Yellen said private financing, and not just government spending, will be needed tackle the “existential threat” of climate change.

The total housing stock in Qatar stood at 304,715 units with the addition of 1,700 apartments and villas in the first quarter (Q1) of this year, researcher ValuStrat has said in a report.

Qatar’s most successful greenfield dairy farm Baladna has chalked out an ambitious strategy for this year to not only strengthen its core business by entering new product lines but also explore geographical expansion, especially South East Asia and beyond.

HE the Minister of Finance Ali Sherif al-Emadi participated in the 113th Meeting of the GCC Financial and Economic Co-operation Committee, which was held online Wednesday.

United Development Company (UDC) reported a net profit of QR57mn on revenues of QR351mn for the first quarter of 2021. The net profit attributable to the equity shareholders stood at QR46mn with basic earnings per share of QR0.013.

Credit Suisse Group AG is set to report the biggest pretax quarterly loss in more than four years following a string of costly errors.

The airline industry’s chief lobby group widened its estimate for losses this year by about a quarter, saying new Covid-19 flare-ups and mutations have pushed back the timeline for a restart of global air travel.

China is considering a plan that would see the central bank assume more than 100bn yuan ($15bn) of assets from China Huarong Asset Management Co,

Qatar has topped the Middle East and North Africa region, securing 53rd rank in WEF’s Energy Transition Index 2021.