Business / Qatar Business

Construction sector in Mideast forecast to grow by 19pc 04 Sep 2013 - 12:21 am

DOHA: The Middle East’s construction sector, including Qatar, has been forecast to grow by 19 percent in 2013, with the combined value of...

Qatar bourse index falls by 82.14 points 04 Sep 2013 - 12:14 am

Doha: Qatar Exchange was down 82.14 points or 0.85 percent to 9,536.12 points yesterday from the previous closing of 9,618.26. Among the top...

International Islamic wins award 03 Sep 2013 - 01:51 am

International Islamic Chief Operating Officer Ali Hamad Al Mesaifri receiving the award. DOHA: Qatar International Islamic Bank (International Islamic) has been chosen for...

QIA bolstering team to diversify portfolio 03 Sep 2013 - 01:50 am

DUBAI: Qatar’s sovereign wealth fund, one of the world’s most aggressive investors, is hiring senior bankers and industry executives to lessen the fund’s...

Qatar has fourth highest asset wealth per head 03 Sep 2013 - 01:50 am

DOHA: Qatar has the fourth highest built asset wealth per person in the world. The rate of growth in built asset wealth per...

Residential property prices unchanged 03 Sep 2013 - 01:48 am

DOHA: Qatar’s residential property sale transactions reached a multi-year high during the second quarter of 2013, driven by higher purchases of freehold properties...

Qatar’s Petroserv enters Australian LNG sector 03 Sep 2013 - 01:47 am

DOHA: Doha-based Petroserv Ltd, has announced its entry into the Australian liquefied natural gas (LNG) sector through an equity investment with Queensland-based Bothar...

Shake-up in Barwa Bank management team 03 Sep 2013 - 01:46 am

DOHA: Barwa Bank announced a series of changes to its leadership team including the promotions of Khalid Al Ahbabi to General Manager, Wholesale...

GWC, Qafac sign QR6m contract 03 Sep 2013 - 01:15 am

Doha: Gulf Warehousing Company (GWC) and Qatar Fuel Additives Company (Qafac) have signed a contract worth QR6m.Under the contract GWC is to provide...

Qatar bourse index down 0.51 percent 03 Sep 2013 - 12:42 am

Doha: Qatar Exchange was down yesterday by 49.32 points or 0.51 percent to 9,618.26 points from the previous closing of 9,667.58. Among the...

Public spending drives Qatari banks’ loan book growth 01 Sep 2013 - 11:56 pm

By Satish Kanady DOHA: Heavy public spending has boosted Qatari banks’ loan book growth to the highest in the GCC. Banks in Qatar...

Weeklly Money Market Review with IBQ: Increased odds of Fed tapering in September 01 Sep 2013 - 11:39 pm

Global geopolitical risks continue to be the main market focus this week, causing continuous pressure mainly on emerging market currencies. Indeed, foreign exchange...

Weekly Commodity Update: Commodity focuses on Syria after strong August performance 01 Sep 2013 - 11:36 pm

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) There were two overriding themes providing direction in commodities this past week. The tensions...

10 GCC banks top global list 01 Sep 2013 - 03:59 am

DOHA: The top 10 GCC banks are among the fastest growing globally, led by QNB Group. They are likely to remain well insulated...

Syria turmoil pushes QE index down 01 Sep 2013 - 02:41 am

By Basheer Yusief Kahloot Qatar’s stock index witnessed a sharp decline due to political turmoil in Syria. The decline is not only limited...

Qatar Exchange snaps bear run 30 Aug 2013 - 04:33 am

DOHA: Qatar Exchange (QE) snapped its four-day bear run yesterday gaining 71.31 points or 0.75 percent to close at 9,619.04 yesterday. The volume...

Qatar-Japan trade reaches $37bn: Minister 29 Aug 2013 - 12:10 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (forth right), Prime Minister of Japan Shinzo Abe (fifth...

Abe calls for lifting food import restrictions 29 Aug 2013 - 12:10 am

DOHA: The visiting Japanese Premier, Shinzo Abe yesterday urged Qatar to lift import restrictions on Japanese food and fruits here at the opening...