Business / Qatar Business

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:...

Ooredoo’s sukuk wins ‘Qatar - Deal of the Year’ 27 Feb 2014 - 12:27 am

DOHA/DUBAI: Ooredoo yesterday announced that it has won “Qatar - Deal of the Year” at the Islamic Finance Awards 2013 held on February...

Mannai Auto fleet unit posts best-ever sales 27 Feb 2014 - 12:27 am

Mannai Auto Group’s team. Doha: Mannai Auto Group’s Fleet division registered its best-performing year in 2013, with the most total fleet unit sales...

MPHC listing ‘a step towards’ national vision 27 Feb 2014 - 12:21 am

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

MPHC to debut on QE today 26 Feb 2014 - 12:32 am

DOHA: Qatar Exchange (QE) will list Mesaieed Petrochemical Holding Company (MPHC), a unit of state-owned Qatar Petroleum (QP), today. With the listing of...

QInvest posts 40pc revenue increase 26 Feb 2014 - 12:30 am

From left: Bassel Jamal, Tamim Hamad Al Kawari, Jassim bin Hamad Al Thani, Mohamed Al Manaa and Khamis Mubarak Al Kuwari at a...

MasterCard plans big role in Qatar, to bring in digital wallet 26 Feb 2014 - 12:30 am

BY MOHAMMAD SHOEB DOHA: With the recent acquisition of C-SAM Inc, a leading provider of mobile wallet and on-device software and services, MasterCard...

UDC revenue reaches QR2.08bn 26 Feb 2014 - 12:22 am

DOHA: United Development Company (UDC) recorded revenue of QR 2.08bn for the year 2013. The company’s net profit for the full reached to...

Ooredoo for $1bn refinancing loan 26 Feb 2014 - 12:21 am

LONDON: Qatar’s telecommunications firm Ooredoo has approached banks for a syndicated loan of up to $1bn that will refinance existing debt, banking sources...