Business / Qatar Business

Hussain Ali Al Abdulla re-elected chairman of Masraf Al Rayan 04 Mar 2014 - 01:13 am

New board members of Masraf Al Rayan after the ordinary general assembly. DOHA: The newly-elected board of directors of Masraf Al Rayan has...

QP participates in Offshore Arabia 2014 04 Mar 2014 - 01:10 am

The Qatar Petroleum delegation at the stand. Doha: Qatar Petroleum (QP) is taking part in the 8th Offshore Arabia 2014 Conference and Exhibition,...

Mideast markets tumble, QE index down 0.92pc 04 Mar 2014 - 12:54 am

Doha: Middle East stock markets slid yesterday as a heightened threat of conflict between Ukraine and Russia triggered widespread selling, despite the benefit...

Muntajat opens five international marketing units 04 Mar 2014 - 12:53 am

DOHA: Muntajat BV, the international marketing arm of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has recently announced the opening of...

Qatar, UAE markets gain strength 04 Mar 2014 - 12:52 am

DOHA: GCC equities got off to a flying start in the first two months of 2014, with Qatar and the UAE markets showing...

Weekly Commodity Update: March unlikely to repeat February’s surge in commodities 04 Mar 2014 - 12:48 am

February was a strong month for commodities, with the broad-based DJ-UBS Commodity index returning more than 5 percent. This was more than the...

Fixed deposits up 30pc, savings grow by 19pc 03 Mar 2014 - 01:18 am

BY SACHIN KUMAR Doha: Individuals in Qatar preferred to keep their money in fixed deposits (FDs) than saving deposits in 2013. Fixed deposits...

Mannai recommends 55pc cash dividend 03 Mar 2014 - 01:10 am

Doha: The board of directors of Mannai Corporation has recommended a cash dividend of 55 percent to shareholders, that is, QR5.5 per each...

Siemens bags $253m contract from Kahramaa 03 Mar 2014 - 01:01 am

Doha: Siemens, the German technology giant, has bagged a QR920m ($253m) contract from the Qatar General Electricity and Water Corporation (Kahramaa) for construction...

Hiring expectation high in non-hydrocarbons 02 Mar 2014 - 02:15 am

Sheikh Mohammad bin Faisal bin Qassim Al Thani (centre) and Yousef M Al Jaida of Qatar Financial Centre (left) with Sara Abdullah of...

Air Arabia starts new Egypt flights 02 Mar 2014 - 02:11 am

Senior officials celebrate the launch of Air Arabia’s flights. Doha: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier,...

FIIs buy QR2.5bn in equities in 2013 02 Mar 2014 - 01:56 am

DOHA: Buoyed by the MSCI and S&P Dow Jones’ decision to upgrade the Qatari market, foreign institutional investors (FIIs) were bullish and turned...

Mannai’s profit up 16.3 percent 02 Mar 2014 - 01:55 am

DOHA: Mannai Corporation Group’s net profit grew by 16.3 percent to QR539m in 2013. International acquisitions contributed 61 percent of net profit. The...

Milaha 2013 net profit up 14pc at QR950m 02 Mar 2014 - 01:54 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR950m for the full-year 2013 against QR835m for the same period in 2012, an...

Ageing impacts growth: QNB 02 Mar 2014 - 01:19 am

Doha: Ageing population has a direct impact on economic performance, fiscal policy and asset allocation. It is also a critical indicator for long-term...

Al Khaliji lead participant at UAE conference 02 Mar 2014 - 01:18 am

Doha: Al Khalij Commercial Bank was a leading participant at the recently held Syndicated Lending Middle East conference on ‘Financing in a New...

QE index drops 100.57 points last week; MPHC dips 28 Feb 2014 - 06:26 am

Doha: Qatar Exchange (QE) index dropped 100.57 points, 0.85 percent, last week when trading closed at 11,771.83 points yesterday. The trading value of...

MPHC shares surge 450pc on first day 27 Feb 2014 - 03:33 am

H E Dr Mohamed bin Saleh Al Sada (third from right) with other dignitaries at the listing ceremony yesterday. By Satish Kanady DOHA:...