Business / Qatar Business

QIB profits at QR1.24bn; assets rise by 25.6pc 21 Jan 2013 - 06:25 am

QIB chairman Sheikh Jassim bin Hamad bin Jassim bin Jabor Al Thani. DOHA: Qatar Islamic Bank (QIB) has announced a net profit of...

Doha Bank profit up by 5.1pc 21 Jan 2013 - 06:22 am

Doha Bank Group CEO, R Seetharaman, (seated fourth left) is flanked by Executive Manager of Private Banking Abdullah Al Asadi (third left) and...

Regency launches firm dedicated to realty market 21 Jan 2013 - 06:21 am

DOHA: The Regency Group Holding yesterday launched “Escrow International” , the first company of its kind in Qatar that will provide high quality...

JP Morgan lead manager for Doha Bank share sale 21 Jan 2013 - 06:17 am

By Satish Kanady DOHA: JP Morgan will be the lead manager for Doha Bank’s upcoming share sale, the bank’s Group CEO Dr R...

Al Meera rights issue from January 27 21 Jan 2013 - 06:15 am

Dr Mohammed Nasser Al Qahtani, Deputy CEO of Al Meera (right) and Adel Mustafawi, Masraf Al Rayan’s Group CEO, after signing the agreement...

QNB, Mannai join forces to offer cloud services to SMEs 21 Jan 2013 - 06:14 am

Top officials of QNB and Mannai during the press briefing, yesterday. DOHA: QNB, the largest financial institution in the Middle East and North...

QFBA and QFMA to hold CISI graduation ceremony 21 Jan 2013 - 06:13 am

FROM LEFT: Dr Abdulaziz Al Horr, CEO of QFBA, Nasser Al Sheeby, CEO of QFMA, and Simon Culhane, CEO of CISI, during the...

Weekly Commodity Update: Dollar gains as economic data disappoints the markets 21 Jan 2013 - 06:11 am

The US dollar started the week on a soft tone against a basket of currencies as the risk rally sparked by the unanimity...

Weekly Commodity Update: Commodities rev up on promising data and hopes for stronger demand 21 Jan 2013 - 06:10 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodity markets moved up a gear during the past week as strong performances were...

Qatari bank asset quality set to improve 20 Jan 2013 - 03:58 am

By Satish Kanady DOHA: Balance-sheet constraints, intense competition and undiversified funding portfolios are posing challenges to the growth of Qatari banks. With government...

Qatar to witness $27.5bn road upgrade 20 Jan 2013 - 03:57 am

Doha: Qatar’s road sector will witness a sharp increase in contract awards this year as the government initiates a major infrastructure upgrade of...

Business minister meets Moroccan economy minister 20 Jan 2013 - 03:57 am

Doha: Qatari and Moroccan ministers have discussed investment opportunities between the two countries in Riyadh yesterday. The Minister of Business and Trade H...

QNB Group: Global interest in GTL expected to grow 20 Jan 2013 - 03:54 am

DOHA: Doha hosted the World Gas-to-Liquids (GTL) Congress at a time of heightened interest in the industry, according to QNB Group. Recent landmark...

Top QFIB executives to speak at financial meets 20 Jan 2013 - 03:51 am

Doha: Qatar First Investment Bank (QFIB), has partnered with Gulf Financial Conferences as the gold sponsor for two key conferences “Finance & Investment...

Financial regulator issues rules for three sectors 18 Jan 2013 - 03:48 am

Doha: The Qatar Financial Centre (QFC) Regulatory Authority yesterday released rules covering three areas of regulation in keeping with international regulatory standards for...

Cb sees Turkish bank deal by March 18 Jan 2013 - 03:47 am

Doha: Commercialbank (Cb) expects to complete the purchase of a 75 percent stake in Turkey’s Alternatifbank by the end of March, it said...

Emir issues decrees appointing QFMA board of directors 18 Jan 2013 - 03:47 am

Doha: The Emir H H Sheikh Hamad bin Khalifa Al Thani has issued Emiri Decree No 1 of 2013 appointing the Board of...

QNB prints $322m Swiss franc bond, plans 60 percent dividend proposal 18 Jan 2013 - 03:47 am

DOHA: Qatar National Bank (QNB), the Gulf state’s largest lender, has printed a 300m Swiss franc ($322.44m) bond, a document from sole bookrunner...