finance Archives

2 min

Qatar Petroleum hires international banks in billion dollar bond sale

State-owned Qatar Petroleum has involved several international banks to arrange the issuance of US dollar-denominated bonds. Qatar Petroleum (QP) has hired a group of international banks to arrange a four-tranche…

2 min

QP kicks off US dollar bond debt sale

Leading global liquefied natural gas supplier Qatar Petroleum has begun marketing its four-tranche US dollar bonds. Qatar Petroleum (QP) started marketing its four-tranche US dollar-denominated bonds on Wednesday, Reuters reported.…

2 min

Ahli Bank eyes debt sale to raise $500 million

The Qatar-based bank is seeking to raise $500 million in a bonds sale as Gulf economies face the repercussions of the Covid-19 pandemic. Qatar’s Ahli Bank is seeking to raise…

2 min

News

Accountant sues former employer in Qatar, after bounced cheque leads to holiday arrest

An Irish accountant, who was arrested in Portugal in 2017 because of a cheque that bounced in Qatar in 2014, is now seeking damages from his former employer. Accountant Bernard…

2 min

Qatar’s amir replaces finance minister amid ongoing corruption probe

The former finance minister was arrested over corrupt charges on Thursday. Qatar’s Amir Sheikh Tamim bin Hamad Al Thani replaced finance minister Ali Shareef El-Emadi with Ali bin Ahmed Al-Kuwari,…

2 min

News

BREAKING: Arrest warrant issued for Qatar finance minister over corruption charges

There was no further information disclosed regarding the arrest. Qatar’s Public Prosecutor ordered the arrest of the country’s Minister of Finance Ali Shareef over charges including abuse of public funds…

2 min

Netflix’s growth slows down as pandemic strikes production levels

Lack of new shows on Netflix has contributed to a hit on its shares. Video-streaming service Netflix has reported slower subscription growth, lead to a hit in its formerly-rocketing shares.…

2 min

Culture

How much zakat should you pay this Ramadan?

Qatar’s Ministry of Endowments and Islamic Affairs has launched a new service to help Muslims fulfil religious duties. A new zakat calculator service, which enables users to easily calculate zakat…

2 min

Qatar issues support packages for businesses affected by Covid-19

Qatar’s Cabinet has announced additional support for business affected by restrictions due to the second wave of Covid-19. Additional support packages for businesses hit by closures due to precautionary restrictions…

finance