Business / Qatar Business

Upward trend continues at Qatar bourse 25 Feb 2014 - 12:52 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 14.60 points, 0.12 percent, to advance to 11,900.38 points from Sunday’s close of 11,885.78...

Infra projects fuel credit growth 24 Feb 2014 - 01:02 am

BY SACHIN KUMAR Doha: Banks in Qatar registered a 12 percent growth in domestic loans in 2013 with domestic credit growing to QR533bn...

OECD’s new global standard to hit tax cheats 24 Feb 2014 - 12:56 am

Angel Gurria (right) with Australia Treasurer Joe Hockey at the G20 meeting in Sydney. SYDNEY: The OECD yesterday delivered a new global standard...

Al Khaliji gets shareholders’ nod to hike foreign ownership limit 24 Feb 2014 - 12:55 am

Hamad bin Faisal bin Thani Al Thani (right), Chairman and Managing Director, and Abdullah Nasser Al Misnad, Vice Chairman, Al Khaliji, yesterday. Abdul...

3M Car Care to showcase latest solutions 24 Feb 2014 - 12:55 am

Doha: With an objective to showcase its latest and innovative automotive solutions, 3M Car Care yesterday announced its debut participation at the 4th...

Eyes on MPHC as QE index heads to historic high 24 Feb 2014 - 12:49 am

DOHA: Qatar’s benchmark index is heading to a record high level, as the bourse is set to list Mesaieed Petrochemical Holding Company (MPHC)...

GIS net profit in 2013 up 45.8pc to QR0.7bn 24 Feb 2014 - 12:49 am

DOHA: Gulf International Services (GIS), the largest services group in Qatar with interests in a broad cross-section of industries, recorded a net profit...

Qatar’s monthly trade balance posts surplus 24 Feb 2014 - 12:48 am

DOHA: Qatar’s trade balance for December 2013 showed a surplus of QR33.9bn. However, it recorded a decrease of QR2.6bn, or seven percent, on...

Weekly Money Market Review with IBQ: Dollar strengthens against major counterparts 24 Feb 2014 - 12:31 am

The US dollar strengthened against most major counterparts as the Federal Reserve of the United States signalled that they will continue to taper...

Weekly Commodity Update: Commodities advance on the back of adverse weather 24 Feb 2014 - 12:29 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities showing strong gains for a third week with positive performances seen across all...

Qatargas wins IiP Gold Award 23 Feb 2014 - 08:05 am

Officials of Qatargas receiving the Gold Accreditation award. Doha: Qatargas became the first company in Qatar to achieve Gold level accreditation with ‘Investors...

LuLu Financial chief is ‘Indian CEO of the year’ 23 Feb 2014 - 08:02 am

Doha: Adeeb Ahamed, Chief Executive Officer of the LuLu Financial Group, was conferred with the Indian CEO of the Year Award in the...

Qatari banks lead asset, loan growth in GCC: QNB 23 Feb 2014 - 07:59 am

Doha: The GCC banking sector grew robustly in 2013, driven by large government-led infrastructure and investment projects, with Qatar leading the pack, QNB...

QU, IBN plan meet for Qatari entrepreneurs 23 Feb 2014 - 07:59 am

DOHA: Aiming at promoting entrepreneurship among the younger generation, Qatar University (QU), in collaboration with Interactive Business Network (IBN), is hosting a two-day...

G20 to set target for global growth 23 Feb 2014 - 02:56 am

US Federal Reserve Chairman Janet Yellen (left) with International Monetary Fund Managing Director Christine Lagarde at the opening session of the G20 Finance...

Aamal posts QR512m net profit in 2013 21 Feb 2014 - 05:51 am

DOHA: The annual net profit (after fair value gains on investment properties) of Aamal Company for 2013, ended December 31, decreased to QR512m,...

QE index gains 3.10pc last week, eyes 12,000 mark 21 Feb 2014 - 05:51 am

Doha: Qatar Exchange (QE) index gained 356.90 points, or 3.10 percent, last week when the bourse closed yesterday at 11,872.40 points. The bourse...

Qatari banks’ earnings set to grow stronger 20 Feb 2014 - 01:31 am

DOHA: The earnings of Qatar’s banks are expected to pick up pace in 2014. The banks are projected to record 11 percent year-on-year...