Business / Qatar Business

Qatar’s IT spending to clock 15pc growth 02 Nov 2014 - 12:41 am

BY SACHIN KUMAR DOHA: The Information Technology sector of Qatar is likely to clock a healthy growth of around 14-15 percent in the...

Qatargas bags Arabia CSR award 02 Nov 2014 - 12:40 am

Qatargas Public Relations Manager Mansour Rashid Al Naimi receiving the award. DOHA: Qatargas has bagged the first prize in the ‘Large Size Enterprise’...

Gulf nations can absorb impact of QE, says QNB 02 Nov 2014 - 12:39 am

Doha: The US Federal Reserve (Fed) decided in its latest meeting on Wednesday to draw the curtains on one of the most remarkable...

Harrods pays £118m dividend to Qatar Holding 02 Nov 2014 - 12:34 am

DOHA/LONDON: Harrods, the London-based famous upmarket department store, has paid a £118m (about QR686.6m) dividend to its owners, Qatar Holding, after witnessing a...

Apple Pay fails to unify fragmented market 01 Nov 2014 - 11:57 pm

WASHINGTON: Apple Pay, meant to inject momentum into a fragmented market for the emerging mobile payments sector, has instead highlighted the squabbles between...

Al Khaliji gets Best Private Bank award 01 Nov 2014 - 11:57 pm

Doha: Al Khalij Commercial Bank (al khaliji) has been announced as the Best Private Bank in Qatar by the 2014 Global Private Banking...

Qatar Exchange index falls on heavy sell-off 31 Oct 2014 - 08:46 am

DOHA: Qatari stocks plunged on heavy profit-taking yesterday, a day after Federal Reserve announced its decision to wound up its over five-year-long quantitative...

Qatar’s UK investments hit £30bn 30 Oct 2014 - 02:53 am

The Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani, (right) greets guests at the Qatari-British Economic...

Extensive rules in place for margin trading 30 Oct 2014 - 02:50 am

BY MOBIN PANDIT DOHA: Extensive rules have been put in place for margin trading activities to be conducted on the Qatari bourse, Qatar...

Federal Reserve ends quantitative easing stimulus programme 30 Oct 2014 - 02:44 am

WASHINGTON: The Federal Reserve decided yesterday to end its quantitative easing stimulus programme, after six years of pumping money into the economy via...

Opec chief says don’t panic on oil price drop 30 Oct 2014 - 02:41 am

LONDON: Opec’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude price drop,...

IT is strategic enabler for business: EMC 30 Oct 2014 - 02:39 am

FROM LEFT: Samer Diya, Country Manager of EMC, Simon Walsh, Chief Operating Officer, EMEA, Mohammed Amin, Senior Vice-President and Regional Manager of EMC...

Air Arabia marks eleventh year of operations 30 Oct 2014 - 02:38 am

Officials of Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, celebrating the eleventh year of successful...

Minimum capital for SME listing cut to QR2m 30 Oct 2014 - 01:36 am

DOHA: The capital market regulator has reduced the minimum capital requirement to QR2m, from QR5m, for SMEs wanting to be listed on the...

Commercial Bank profit surges 19pc 30 Oct 2014 - 01:36 am

DOHA: The Commercial Bank of Qatar or Commercial Bank, delivered a net profit of QR1.55bn for the nine months of 2014, a 19...

Milaha net profit grows by 5.5pc 30 Oct 2014 - 01:34 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR821m for the first nine months ended September 2014, up 5.5 percent compared to...

Trade surplus dips 19.9pc in September to QR26.3bn 30 Oct 2014 - 01:34 am

DOHA: Qatar’s trade balance of goods, year-on-year trade surplus in September shrank 19.9 percent to QR26.3bn from QR32.8bn in September 2013, according to...

Qatar bourse index gains 128.05 points 30 Oct 2014 - 01:30 am

Doha: Qatar Exchange (QE) index gained 128.05 points or 0.94 percent when the bourse closed at 13,775.89 points yesterday. The traded value increased...