Business Archives

3 min

X drops to just $19 billion in value after $44 billion Musk takeover

X, formerly Twitter, has lost more than half its valuation since the billionaire took over in 2022. More than a year after Elon Musk acquired Twitter for $44 billion, the…

2 min

Fortune 500 Arabia: Qatar ranks fifth with 36 top companies

The inaugural edition ranks the 500 largest corporations in the Arab region according to their annual revenues. Fortune Arabia released the Fortune 500 Arabia, ranking the 500 largest corporations in the…

2 min

India’s top gas importer opts out of extra Qatari LNG volumes despite initial interest

Previously, Petronet had maintained it might seek up to one million tonnes per annum of additional LNG once the time for renewing its deal with Qatar came. India’s top gas…

3 min

Qatar takes on new digital service to simplify hiring process

Qataris have witnessed a staggering 150% surge in private sector appointments during the third quarter of 2023 compared to the preceding quarter. Qatar’s Ministry of Labour has launched a digital…

5 min

French bakery loses Qatar contract after boycott calls over owner’s pro-Israel stance amid Gaza massacres

The mounting violence against Palestinians in Gaza and the West Bank have spurred on global calls for boycott. Local calls for a boycott of popular French patisserie in Qatar were…

3 min

Qatari hires in private sector up 150% in Q3

In the private sector, the most prominent contributors to this hiring spree were Qatar Airways, Noor Center, and the Commercial Bank of Qatar. Qataris have witnessed a staggering 150% surge…

1 min

Qatar residents can now order from Amazon through UAE branch

Qatar residents now have access to a vast selection of products, easy payments, and hassle-free delivery through Amazon.ae. Residents of Qatar can now access products on Amazon after the company’s…

4 min

BREAKING: Qatar Airways CEO Akbar Al Baker resigns after 27-year tenure

Under Al Baker, Qatar Airways transformed from a small company with a fleet of four aircrafts to one of the aviation industry’s leading names. Akbar Al Baker has stepped down…

3 min

Italy’s Eni becomes third European nation to secure long term QatarEnegy contract

The QatarEnergy deal is the latest to be signed with several European countries. QatarEnergy is set to supply Italy’s Eni with liquified natural gas (LNG) for 27 years under a…

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