Business / Qatar Business

Qatar ranked GCC’s top financial centre 18 Mar 2014 - 08:11 am

DOHA: Qatar has been ranked as the top financial centre in the GCC. The Global Financial Centres Index (GFCI 15) covering 83 financial...

Trade surplus in January shrinks by 1.7pc to hit QR36.98bn 18 Mar 2014 - 07:55 am

DOHA: Qatar’s foreign trade surplus reached QR36.98bn in January 2014, down 1.7 percent from a year ago. period In January 2014, general exports...

MPHC Sept to Dec net profit hits QR0.6bn 17 Mar 2014 - 05:13 am

DOHA: Mesaieed Petro-chemical Holding Company (MPHC), a subsidiary of Qatar Petroleum partially floated on the Qatar Exchange, has recorded QR 0.6bn net profit...

CBQ to focus more on local investments 17 Mar 2014 - 05:12 am

Sheikh Abdullah bin Ali Al Jabor Al Thani (left) with Hussein Al Fardan. Ibrahim Kutty BY MOHAMMAD SHOEB DOHA: After the successful acquisition...

Qatar General Insurance to distribute 20pc bonus shares; increases capital 17 Mar 2014 - 05:11 am

Sheikh Nasser bin Ali bin Saud Al Thani (right) with Deputy Chairman Sheikh Mohammed bin Ali Al Thani yesterday. Salim Matramkot Doha: Qatar...

Kia Motors launches service promotion 17 Mar 2014 - 05:11 am

Doha: Kia Motors Qatar keeps its focus in strengthening the after sales service with the opening of 2014Service Clinic called ‘Newcomers’ (pictured). The...

QE index loses 12.33 points 17 Mar 2014 - 05:05 am

Doha: Qatar Exchange ended in the red area yesterday to close at 11,331.05 points, down 12.33 points, or 0.11 percent, from the previous...

Weekly Commodity Update: Gold rises on Ukraine but copper and oil fall on China concerns 17 Mar 2014 - 05:00 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities suffered its first reversal in six weeks as concerns over Chinese economic growth...

Qatar to launch $65bn worth projects 17 Mar 2014 - 04:12 am

H E Abdullah bin Hamad Al Attiyah delivering the opening address at the seminar yesterday. From Left: Ali Abdullah Al Abdullah, Motoi Sasaki,...

US for big role in Qatar’s development 16 Mar 2014 - 08:48 am

Sheikh Dr Khalid bin Thani Al Thani (left) and Sheikh Faisal bin Qassim Al Thani (centre) with Penny Pritzker (second from right). RIGHT:...

IQ’s new units help boost revenue in petrochemicals 16 Mar 2014 - 08:38 am

DOHA: The new facilities launched at the Industries Qatar (IQ) have helped the group boost its revenue in its petrochemical segment in 2013....

Natural gas top source till 2035 16 Mar 2014 - 04:21 am

Doha: Natural gas is expected to be the fastest growing energy source until 2035. This is likely to lead to higher natural gas...

QE index drops 263.65 points last week 14 Mar 2014 - 06:38 am

Doha: Qatar Exchange index dropped 263.65 points, or 2.27 percent last week, when trading closed yesterday at 11,343.38 points. The trading value during...

Barwa Real Estate profit rises 27.3pc 14 Mar 2014 - 06:37 am

DUBAI: Qatar’s Barwa Real Estate said yesterday that its 2013 net profit rose 27.3 percent, indicating that the Gulf Arab state’s largest listed...

Doha Insurance looks to expand in GCC market 13 Mar 2014 - 01:00 am

BY SACHIN KUMAR Doha: Doha Insurance, one of the major players in Qatar’s insurance market, is looking to expand its footprints outside Qatar,...

Qatar explores investments in Bulgaria 13 Mar 2014 - 12:56 am

Members of the Qatari Businessmen’s Association with Bulgarian President Rosen Plevneliev. DOHA: Members of the Qatari Businessmen’s Association (QBA) expressed their desire to...

Muntajat, Milaha sign transport contract 13 Mar 2014 - 12:56 am

Sheikh Ali bin Jassim Al Thani and Abdulrahman Ali Al Abdulla. DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) QJSC signed...

Petrochemical R&D on the rise 13 Mar 2014 - 12:50 am

DOHA: The petrochemical producers in the Gulf Cooperation Council (GCC) are ramping up research and development (R&D) funding despite a global slowdown in...