Business / Qatar Business

Investors can expect eventful 2013 01 Jan 2013 - 01:13 am

DOHA: The year 2012 wasn’t quite good for the Qatari bourse, but investors can look forward to an eventful 2013 as a slew...

Qatar Exchange signs MoU with QFIS 30 Dec 2012 - 11:36 pm

Qatar Exchange CEO Rashid bin Ali Al Mansoori (left) exchanges documents with Dr Hatem Al Qaranshawi at Qatar Exchange yesterday. (Kammutty VP) DOHA:...

Qatar’s GDP grows by 3.9pc 30 Dec 2012 - 11:36 pm

DOHA: Qatar’s gross domestic product (GDP), adjusted for inflation, rose 3.9 percent from a year earlier in third quarter (Q3) 2012. Compared to...

Lindner Depa Interiors rebuts Qatar Airways claim 30 Dec 2012 - 11:34 pm

DOHA: Lindner Depa Interiors (LDI) has rebutted Qatar Airways’ claim that it is responsible for major delays to the opening of the New...

QSA announces five-year strategy 28 Dec 2012 - 04:18 am

DOHA: Qatar Statistics Authority (QSA) has announced a five-year national strategy for the further enhance its capabilities in statistics development, covering a period...

Mazaya Qatar weighs QR170m deal offer 28 Dec 2012 - 03:59 am

DOHA: Mazaya Qatar Real Estate Development has received an offer worth QR170m to buy one of its investment properties. The company is studying...

GOIC launches industrial market portal 27 Dec 2012 - 09:43 am

Qasim Abdul Ghani Al Maimani (second right), Undersecretary, Ministry of Commerce and Industry in Saudi Arabia, presses a button to launch Gulf Organisation...

Gulf petrochem industry set to expand: GPCA 27 Dec 2012 - 09:42 am

DOHA: The Gulf petrochemicals industry is bracing to sustain competitiveness keeping in mind the new market realities. Gulf producers are exploring opportunities to...

KLJ Organic joins QIMC for $100m project 27 Dec 2012 - 09:39 am

BY MOHAMMAD SHOEB DOHA: Enticed by Qatar’s inexpensive energy resources, KLJ Organic Limited has become the first Indian company to make the largest...

Qatar Petroleum eyes stake in Indian LNG firm 27 Dec 2012 - 09:37 am

DOHA: Qatar Petroleum (QP) has expressed its interest to buy a 5.2 percent stake in Petronet LNG, one of the fastest growing companies...

Qatar bans import, trade of steel below grade 500 27 Dec 2012 - 09:37 am

DOHA: Qatar has banned the import and trade of construction steels below grade 500 to increase the quality of the building materials in...

Air Arabia takes delivery of sixth A320 this year 27 Dec 2012 - 09:32 am

Doha: Air Arabia, the first and largest low cost carrier in the Middle East and North Africa, announced yesterday that it has taken...

Ahli Bank, QIMC and Indian firm sign pact 26 Dec 2012 - 01:19 am

Abdul Rahman Al Ansari (third left), CEO, Qatar Industrial Manufacturing Company (QIMC); Mahmoud Malkawi (fourth left), Acting CEO, Ahli Bank (Ahli); and Hemant...

Qatar Insurance Group to set up holding firm 26 Dec 2012 - 01:19 am

DOHA: Qatar Insurance Group will set up a Holding Company to further expand the Group’s existing operations in both insurance and non-insurance sectors....

Milaha unit gets $95m financing from QIIB 26 Dec 2012 - 01:16 am

DOHA: Milaha Maritime and Logistics, a subsidiary of Milaha, secured financing “Ijara” of $95m from Qatar International Islamic Bank (QIIB). The funds will...

Shell, Venture Gulf sign supply deal 24 Dec 2012 - 10:40 pm

Officials of Qatar Shell and Venture Gulf Engineering at the signing ceremony. DOHA: Qatar Shell and Venture Gulf Engineering (VGE) signed an agreement...

Qatar’s fiscal surplus surges to QR118bn 24 Dec 2012 - 10:39 pm

DOHA: Qatar’s fiscal surplus for the first two quarters of 2012/13 financial year has surged to QR118bn. The surplus is QR64bn higher than...

QNB seeks approval to acquire entire shares of NSGB 24 Dec 2012 - 10:37 pm

Doha: Qatar National Bank (QNB) announced that it has submitted a request to the Central Bank of Egypt to get the approval over...