business news Archives

2 min

CRA unveils blockchain blueprint to boost Qatar’s digital transformation

The Blueprint outlines the regulatory framework for Blockchain-based projects in Qatar. The Communications Regulatory Authority (CRA) has recently released the Qatar National Blockchain Blueprint, which has been jointly developed by…

2 min

Uber’s Middle East subsidiary Careem hits the brakes on Qatar operations

The ride sharing application has been operating in Doha since 2013. Uber’s Middle Eastern subsidiary Careem will stop operating in Qatar starting Tuesday, the company said in a message to…

3 min

Popular ‘Anime Cafe’ becomes latest casualty of high business costs in Qatar

Business owners in Qatar have been struggling with high business costs, forcing many to close. Customers of a popular cafe frequented by artists and anime fans have bid farewell to…

2 min

Qatar slaps fines worth millions on two companies for tax evasion

Two companies were charged a hefty fine for hiding the company’s income and engaging in tax evasion through dishonest means. Two contracting-related businesses have been fined QAR 24 million for…

3 min

LuLu Group kicks off ‘Australia week’ festival 2023 at all LuLu hypermarkets

‘Australia Week’ festival, organised by LuLu Group in Qatar since 2018, will run until February 11 and will feature major product lines directly imported from Australia. Leading retailer LuLu Group…

3 min

Deliveroo Qatar reveals major milestones in its first 100 days

Deliveroo marks achievements across its three-sided marketplace of restaurants, riders and customers Deliveroo marked its successful introduction in Qatar and continues to offer great value to its three-sided marketplace of…

3 min

Green banking: Qatar eyes $75bn investment in sustainable finance in 2023

Qatar is set to establish a sustainable finance market worth more than $22 trillion globally by 2031. Qatar has kickstarted a proactive drive to strengthen the domestic debt market in…

2 min

Qatari investments in Jordan reach $2 billion: minister

The trade balance between the two nations over the past ten years has exceeded QAR 11.5 billion, according to the Qatar Planning and Statistics Authority. Jordan has received investments from…

2 min

How did Qatar’s private sector boom during the World Cup year?

Qatar Chamber has released its quarterly report, and here are the highlights. The Gulf nation’s private sector exports exceeded QAR 33 billion in 2022, marking a 25% increase compared to…

business news