Al Khalij Commercial Bank (Al Khaliji) has posted a net profit of QR497mn at the end of the third quarter, which represents a 6% growth year on year.
The Qatar Stock Exchange witnessed strong buying interests in transport and telecom sectors and its key index gained more than 26 points Tuesday.
Santos Ltd agreed to buy ConocoPhillips’ northern Australia business for $1.4bn in a deal that will boost the Adelaide-based oil and gas producer’s position in the growing Asian liquefied natural gas market.
Robust buying interests — especially within banking, transport and real estate counters — yesterday lifted the Qatar Stock Exchange 120 points to place its key barometer above 10,400 levels amidst heightened trading.
WeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp, according to a person familiar with the matter, one of two main options to rescue the once high-flying startup.
The iron ore market’s had a tumultuous year as prices soared then sank, miners battled supply disruptions and China cooled.
On a cool October evening in the City of London, a small army of investment professionals has gathered for a reckoning. They’ve come to hear Inigo Fraser Jenkins, one of the quant industry’s most colourful commentators, opine on the fate of value investing.