QFC posts 63.7% jump in number of new firms in 2020

QFC posts 63.7% jump in number of new firms in 2020

The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has witnessed a "significant" 63.7% year-on-year increase in the number of new firms licensed on its platform in 2020.

QSE listed firms report QR15.8bn cumulative net profit in first half

QSE listed firms report QR15.8bn cumulative net profit in first half

Almost one-in-three listed companies saw improvement in earnings despite the Covid-19 pandemic, as the Qatar Stock Exchange (QSE) reported QR15.8bn cumulative net profit in the first half (H1) of this year.

84 firms closed for 3 days for violating outdoor summer work hours guidelines

84 firms closed for 3 days for violating outdoor summer work hours guidelines

The Ministry of Administrative Development, Labour & Social Affairs, represented by the Labour Inspection Department, has conducted intensive inspection campaigns recently ...

QSE-listed firms cumulatively report net profit of QR8.39bn in 1st quarter

QSE-listed firms cumulatively report net profit of QR8.39bn in 1st quarter

The Qatar Stock Exchange (QSE) listed firms cumulatively reported net profit of QR8.39bn in January-March (Q1) this year with the banking and financial services sector alone ...

QFC announces new measures to support its firms

QFC announces new measures to support its firms

The Qatar Financial Centre (QFC) has announced new support measures, including the extension of deadline to file tax without incurring any late filing penalties ...

Philippine president seeks powers over firms, supplies, funds to avert crisis

Philippine president seeks powers over firms, supplies, funds to avert crisis

The Philippine Congress held a special session over the internet on Monday to debate a push by the country's strongman leader to adopt sweeping emergency powers ...

Sheikh Abdullah urges US fintech firms to come to Qatar to boost banking sector

Sheikh Abdullah urges US fintech firms to come to Qatar to boost banking sector

HE the Qatar Central Bank governor Sheikh Abdulla bin Saoud al-Thani has reviewed the latest developments in the country's financial sector, as well as ways and means by which the State of Qatar ...

QSE pitches for mandatory ESG reporting by listed firms

QSE pitches for mandatory ESG reporting by listed firms

The Qatar Stock Exchange (QSE) has strongly pitched for a mandatory ESG (environment social and governance) reporting by the listed companies ...

QSE, UK IR Society join hands to provide advanced training for listed firms

QSE, UK IR Society join hands to provide advanced training for listed firms

The UK Investor Relations (IR) Society has joined hands with the Qatar Stock Exchange (QSE) in imparting advanced skills and training for the key personnel of the listed companies ...

Fortune 500 firms roped in to set up bases in Qatar's free zone

Fortune 500 firms roped in to set up bases in Qatar's free zone

Qatar has roped in global Fortune 500 companies, particularly within logistics and downstream chemicals sectors, to set up their base in the country's free zones, indicating the growing confidence ...

Pompeo calls for open, fair competition between firms

Pompeo calls for open, fair competition between firms

The United States is fine with companies competing in global markets but it must be done in an open and transparent way, US Secretary of State Mike Pompeo said on Tuesday ...

21,000 new firms registered since siege began until August end: QC chairman

21,000 new firms registered since siege began until August end: QC chairman

HE the chairman of Qatar Chamber (QC) Sheikh Khalifa bin Jassim al-Thani said the number of new companies registered with QC since the beginning of the siege until the end of August 2018...