Business / Qatar Business

RasGas first firm in Mideast permitted to train solicitors 11 Feb 2013 - 01:27 am

Doha: The Solicitors Regulatory Authority (SRA) has authorised RasGas Company Limited (RasGas) as a training establishment for trainee solicitors in the laws of...

Social and Services sector contribution to GDP up 11 Feb 2013 - 01:25 am

DOHA: The contribution of Social and Personal Services sector to Qatar’s Gross Domestic Product (GDP) grew by 7.5 percent (nominal values) at QR7bn...

SIIL General Assembly on March 27 11 Feb 2013 - 01:24 am

DOHA: The Board of Directors (BOD) of Salam International Investment Limited (SIIL) has decided to hold the General Assembly on March 27. SIIL’s...

Tight regulations hit growth: Expert 11 Feb 2013 - 01:19 am

By Satish Kanady DOHA: Increased price competition, tighter regulations and delayed infrastructure projects have all contributed to the slower growth that Qatar’s listed...

HSBC launches payments service on mobile banking for corporates 11 Feb 2013 - 01:09 am

DOHA: HSBC has enhanced its mobile banking offering in its continued commitment to help businesses streamline their banking needs. The new offering will...

Misys offers banks new processing solutions 11 Feb 2013 - 01:07 am

DOHA: Misys, a leading financial services software solutions provider, has announced plans to start offering banks in the Middle East region Global Processing...

Weekly Commodity Update: Brent’s ascent towards $120/barrel raises growth worries again 11 Feb 2013 - 01:06 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities were generally lower during the past week as the strong January rally gave...

Qatar is fourth largest Arab market for US 10 Feb 2013 - 01:15 am

DOHA: Qatar has moved up to become the fourth largest Arab market for US goods. Qatar’s imports of the US goods have reached...

Construction costs likely to rise in Qatar 10 Feb 2013 - 01:12 am

DOHA: Qatar’s construction industry will have to deal with soaring construction costs as the country gears up for the staging of its biggest...

Al Meera net profit rises to QR105.75m 10 Feb 2013 - 01:11 am

DOHA: Al Meera Consumer Goods Company has recorded QR105.75m net profit for the full year 2012, up 36.8 percent compared to the year...

Qafac’s annual sales cross $1bn in 2012 10 Feb 2013 - 01:11 am

DOHA: The Qatar Fuel Additives Company’s (Qafac) annual sales have crossed $1bn in 2012. The company is looking for a better performance in...

Qatar’s core sector spending a fillip to tourism sector 09 Feb 2013 - 01:00 am

DOHA: Qatar’s $65bn commitment to infrastructure development has proved to be a major incentive for long term investment by leading hospitality providers, according...

Shale energy unlikely to influence commodity market in long term 07 Feb 2013 - 06:41 am

Gary Dugan, Managing Director and Chief Investment Officer, Asia & Middle East, Coutts, speaking to The Peninsula. shaival Dalal By Satish Kanady DOHA:...

Investors richer by QR17bn on QE this year 07 Feb 2013 - 06:41 am

DOHA: Qatari stocks continue with the gains they made last month after having witnessed a 4.79 percent slump in 2012 that was mainly...

$38bn worth of opportunities for investors: Qatar Rail CEO 07 Feb 2013 - 06:41 am

DOHA: Qatar Rail CEO Saad Al Muhannadi has said that a report it had commissioned from McKinsey has highlighted $38bn worth of investment...

Ezdan Holding Group’s net profit rises to QR408.7m 07 Feb 2013 - 06:22 am

Doha: Ezdan Holding Group’s audited net profit of QR408.7m for the financial year ended December 31, 2012, is an increase by 18.32 percent...

UDC nets QR850m profit for 2012 07 Feb 2013 - 06:19 am

Hussein Al Fardan & Ebrahim Al Sulaiti DOHA: United Development Company (UDC) has recorded another strong performance with reported revenue of QR2.73bn for...

QIMC assets increase by QR1.53bn 07 Feb 2013 - 06:18 am

DOHA: The Qatar Industrial Manufacturing Company (QIMC) has recorded a net profit of QR208.2m in 2012, compared to QR206.2m in 2011.The 2012 full...