Business / Qatar Business

30 development wells ready for Barzan project 19 Aug 2013 - 11:53 pm

One of the rigs at Barzan Well Head Platform 1. DOHA: RasGas Company Limited (RasGas) has completed offshore drilling for 30 development wells...

Real estate transactions double 19 Aug 2013 - 11:52 pm

DOHA: Despite summer season and Ramadan the real estate sector transactions during July doubled witnessing an incredible triple digit growth of 103 percent...

Qatar government spending grows to record QR178.2bn 19 Aug 2013 - 11:52 pm

DUBAI: Qatar’s government spending rose 2.2 percent to a record QR178.2bn ($48.9bn) in its last fiscal year, official data showed. Total state spending...

QDB unveils rail-related business opportunities 19 Aug 2013 - 12:46 am

DOHA: Qatar Development Bank (QDB) has unveiled huge number of business opportunities that local companies and Qatari entrepreneurs can seize from the upcoming...

Qatar leads Mena in A&M deals in H1 ’13 19 Aug 2013 - 12:45 am

DOHA: Qatar leads the Middle East and North Africa (Mena) region with four out of the top 10 (40 percent) acquisition & merger...

GCC insurance market grows to $16bn 19 Aug 2013 - 12:41 am

DOHA: The GCC insurance sector grew to nearly $16bn in terms of gross premium written in 2012. The sector witnessed growth rates of...

Qatar index up 0.23pc 19 Aug 2013 - 12:39 am

Doha: Qatar Exchange index yesterday added 23.17 points or 0.23 percent to advance to 9,909.85 points from 9,886.68 on Thursday. The volume of...

Weekly Money Market Review with IBQ: Federal Reserve QE tapering seems already priced in 19 Aug 2013 - 12:09 am

The US Dollar remained under pressure against all major currencies this week despite the strong data out of the US economy. Indeed, the...

More women work in Mena corporates 18 Aug 2013 - 12:42 am

DOHA: Women in the Mena region are increasingly making a greater presence in the region’s corporate world. The number of women entrepreneurs is...

Banking union could fix EU woes: QNB Group 18 Aug 2013 - 12:39 am

Doha: A European banking union could go a long way in fixing Europe’s financial architecture, according to QNB Group. The recent banking and...

Bull run ends; Qatar Exchange index drops 1.2pc 16 Aug 2013 - 04:15 am

DOHA: Breaking its bull run, Qatar Exchange yesterday witnessed a minor correction. The 20-stock index dropped 119.68 points or 1.20 percent to close...

Global economic outlook dims while US recovery continues 15 Aug 2013 - 12:34 am

DOHA/PARIS: The world economy has weakened slightly this quarter, mainly due to declining optimism in Asia and Latin America, while North America shows...

Fitch affirms Nakilat’s bonds at A+/A- 15 Aug 2013 - 12:34 am

DOHA: Fitch Ratings has affirmed Qatar Gas Transport Company’s (Nakilat) bonds at ‘A+’/’A-’ with stable outlook. The rating affirmations reflect the project’s stable...

Qatari debt market maintains steady growth; $4.7bn new debt issued 14 Aug 2013 - 12:50 am

DOHA: The issuance of debt securities picked up in Qatar during the past six months to reach $4.7bn. Of the total $30.1bn worth...

QE index to stay stable, say analysts 13 Aug 2013 - 12:17 am

DOHA: Stock analysts and corporate circles do not expect a major correction to take place on the Qatari bourse at least over the...

MSCI upgrade to bring more funds to Qatar 13 Aug 2013 - 12:15 am

DOHA: Inclusion of Qatar in the MSCI Emerging markets index would aid in inflow of institutional money into the country’s capital market, Kuwait...

New Economic Zones to spur non-hydrocarbon growth in Qatar 13 Aug 2013 - 12:15 am

DOHA: Qatar’s ongoing policy to diversify its economy into non-hydrocarbon sector is expected to get a huge boost with the opening of three...

GCC inflation rates accelerate: QNB Group 13 Aug 2013 - 12:15 am

Doha: Consumer Price Index (CPI) inflation in the GCC has accelerated since mid-2012, although, at 2.9 percent in May 2013, it remains well...