Gulf Times - Economic
Fintech to drive further Qatar economic diversification, says QDB executive

Fintech to drive further Qatar economic diversification, says QDB executive

Qatar’s economic diversification strategy is expected to gain further momentum from the growth and development of the country’s financial technology (fintech) industry, an official from Qatar Development Bank (QDB) has said.

Qatar Chamber: 2021 ... A year of Qatar's economic recovery, 65 new industrial factories established in 2020

Qatar Chamber: 2021 ... A year of Qatar's economic recovery, 65 new industrial factories established in 2020

Qatar Chamber (QC) has issued its monthly economic newsletter for December 2020 which highlighted the most prominent trends in the Qatari economy, as well as statistics related to foreign trade and trade of private sector in October 2020.

Post-Covid economic response to focus on resilient and sustainable investment

Post-Covid economic response to focus on resilient and sustainable investment

Current challenges to worldwide investments began a while before Covid-19. This year, investment flows of all forms fell to a new low between the USA and China.

Virus second wave douses hopes of German economic recovery

Virus second wave douses hopes of German economic recovery

Germany is expected to unveil a strong rebound in GDP for the third quarter on Friday, but relief could be short-lived as the country stands on the brink of new shutdowns to contain a second coronavirus wave.

Strong economic bonds foster broader Qatar-US partnership

Strong economic bonds foster broader Qatar-US partnership

Qatar's Widam Food Company and US' Tyson Fresh Meats have signed MoU; Qatar-US bilateral trade amounted to more than $9.43bn in 2019; Qatar Investment Authority is channelling up to $45bn in investments ...

Oil prices look for traction amid persistent coronavirus-weakened economic activity: NBK

Oil prices look for traction amid persistent coronavirus-weakened economic activity: NBK

The global oil market is expected to tighten before the year-end, with demand outpacing supply growth, National Bank of Kuwait (NBK) has said in an economic report.

Job cuts at MGM, Coca-Cola, Boeing herald economic pain ahead

Job cuts at MGM, Coca-Cola, Boeing herald economic pain ahead

Global Corps have announced more than 200,000 job cuts or buyouts in recent weeks, a worrying sign that more losses will come as furloughs implemented early in the pandemic turn into permanent layoffs.

Japan's record economic plunge wipes out Abe era gains

Japan's record economic plunge wipes out Abe era gains

Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars and other exports ...

Gold hits record high on haven demand as markets rally sputters

Gold hits record high on haven demand as markets rally sputters

Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington.

Thai finance minister resigns amid economic team shake-up

Thai finance minister resigns amid economic team shake-up

Thai Finance Minister Uttama Savanayana resigned on Thursday in a move that adds uncertainty to policy-making as Southeast Asia's worst-performing economy struggles to recover from the impact of the COVID-19 crisis.

PPP Law to boost private sector role in economic development

PPP Law to boost private sector role in economic development

The new Public-Private Partnership (PPP) Law is seen to further boost the private sector’s contribution to the country’s economic development, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani said during the first PPP conference ...

'Qatar takes steps to address economic impact of Covid'

'Qatar takes steps to address economic impact of Covid'

WISH 2020, which Doha will host, will contribute to exploring effective innovative solutions in addressing the major health challenges facing health systems around the world, including the Covid-19 crisis.