Business / Qatar Business

QFBA signs MoU with Dirassat 29 Jun 2015 - 01:13 am

Sheikh Fahad Faisal Al Thani, Sheikh Dr Khalid bin Thani bin Abdullah Al Thani and Dr Abdulaziz Al Horr DOHA: Qatar Finance and...

Fed seems intent on raising rates in coming months: QNB 28 Jun 2015 - 01:31 am

We are getting ever closer to the first interest rate increase by the US Federal Reserve (Fed) after years of near-zero rates. Following...

Barwa Bank profits rise 4pc in first quarter 28 Jun 2015 - 01:00 am

DOHA: Barwa Bank’s net profit soared by four percent to reach QR209m for the first quarter of 2015 (Q1, 15), compared to QR201m...

QE market capitalisation rises to QR642.35bn 26 Jun 2015 - 01:09 am

Doha: Qatar Exchange index gained 235.28 points or 1.98 percent last week when the bourse closed yesterday at 12,133.23 points. Trading value last...

QP not to directly award contracts to affiliates 26 Jun 2015 - 01:08 am

DOHA: Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned...

IQ’s net income forecast to fall this year 26 Jun 2015 - 01:07 am

DOHA: Industries Qatar’s (IQ) net income for 2015 is forecast for a further fall. IQ’s net income was down from QR8.7bn in 2012/2013...

Ezdan Holding wins Forbes’ award 25 Jun 2015 - 10:25 am

Officials during the award ceremony. DOHA:Ezdan Holding Group has won Forbes magazine’s coveted “best Qatari company for diversified investments” title. At the award...

Banking sector pushes Qatar Exchange up 25 Jun 2015 - 10:24 am

Doha: Qatar Exchange index gained 71.60 points, or 0.59 percent when it closed trading at 12,162.04 points yesterday compared to 12,090.44 points on...

Arcadis wins $22.5m Doha Metro deal 24 Jun 2015 - 12:00 am

By Satish Kanady DOHA: Arcadis, the world’s top natural and built asset design & consultancy firm announced that it has clinched the €20m...

Stable outlook for Industries Qatar: S&P, Moody’s 23 Jun 2015 - 11:51 pm

DOHA: International credit rating agency Standard & Poor’s (S&P) Ratings Services affirmed Industries Qatar’s (IQ) long term rating at “AA-“ with a stable...

Qatari bourse index drops 30.78 points 23 Jun 2015 - 11:49 pm

Doha: Qatar Exchange index declined 30.78 points, or 0.25 percent, when it closed trading at 12,090.44 points yesterday compared to 12,121.22 points on...

Jumbo opens quick service centre 23 Jun 2015 - 11:44 pm

Video Home & Jumbo Electronics opened a ‘quick service’ facility for minor repairs of electronics and home appliances in Al Furjan neighborhood shopping...

Qatar Islamic Bank opens branch at Gate Mall 23 Jun 2015 - 11:03 am

Officials of Qatar Islamic Bank and the Gate Mall during the opening of the new branch. Doha: Qatar Islamic Bank (QIB), Qatar’s leading...

Woqod and QMIC sign MoU to use Masarak 23 Jun 2015 - 11:02 am

Officials exchanging documents during the signing ceremony. DOHA: Qatar Fuel (Woqod), who are specialised in distribution and marketing of petroleum and LPG products...

Gulf Air increases flight frequency during summer 23 Jun 2015 - 10:57 am

Manama: As part of its new summer schedule, Gulf Air will increase its flights to and from all of: Amman, Beirut, Bangkok, Frankfurt,...

Earnings hopes fuel Qatar Exchange 23 Jun 2015 - 02:06 am

By Satish Kanady DOHA: Qatari stocks extended its rally for the fourth straight session yesterday, gaining 0.75 percent or 90.07 points to 12,121,22....

Real estate boosts private sector loans 23 Jun 2015 - 02:03 am

Deposit grew by 1.7pc as public sector loans decline DOHA: Qatar banks’ loan book was broadly flat in May 2015 after declining by...

QFC Authority issues paper on rule changes 20 Jun 2015 - 03:45 pm

DOHA: The Qatar Financial Centre (QFC) Authority today said it has issued a Public Consultation Paper proposing refinements to QFC Arbitration Regulations. The...