Business / Qatar Business

Doha Bank’s first half profit rises 1.1pc 23 Jul 2013 - 01:35 am

Chairman Sheikh Fahad bin Mohammed bin Jabor Al Thani, MD Sheikh Abdul Rehman bin Mohammad bin Jabor Al Thani & Group Chief Executive...

Qatargas sends first LNG to Malaysia 23 Jul 2013 - 01:34 am

DOHA: Qatargas Operating Company Limited (Qatargas) announced yesterday that it has sold Qatar’s first cargo of Liquefied Natural Gas (LNG) to Malaysia. The...

Energy cooperation with Malta 23 Jul 2013 - 01:29 am

The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, with Konrad Mizzi, Minister of Energy and Conservation of...

QE index gains 1.17pc; Dubai’s ENBD surges 23 Jul 2013 - 01:28 am

DOHA: The Qatar Exchange index gained 1.17 percent to close at 9,652.67 yesterday. The gains were mainly led by Telecoms, Transportation and Consumer...

US oil prices waver around $108 23 Jul 2013 - 01:28 am

NEW YORK: US oil prices pulled back from last week’s 16-month high yesterday as traders locked in profits from a blistering rally that...

Qatar Navigation H1 net profit jumps 30percent 23 Jul 2013 - 01:26 am

DUBAI: Qatar Navigation (Milaha) yesterday reported a 30 percent increase in net profit for the first half of the year, with the company...

QPI buys 25pc stake in Greek power plant 22 Jul 2013 - 12:50 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada posing for a group picture after the signing ceremony...

EQ gets new CEO 22 Jul 2013 - 12:48 am

DOHA: Enterprise Qatar (EQ) has announced the appointment of Abdulaziz bin Nasser Al Khalifa (pictured) as its new Chief Executive Officer. Al Khalifa...

Qatar bourse index down; Dubai rallies 22 Jul 2013 - 12:46 am

Doha: Qatar Exchange was down 9.16 points or 0.10 percent to 9,540.71 points yesterday from the previous closing of 9,549.87 points. Among the...

ARI brings home ‘Mena Sukuk Manager of the Year’ award 22 Jul 2013 - 12:46 am

Doha: City-based Al Rayan Investment (ARI) scooped the Mena Sukuk Manager of the Year title at the 2013 Investment Excellence Awards. The award...

Two new members in QBA board 21 Jul 2013 - 01:37 am

Members of the QBA pose for a group picture. DOHA: The Qatari Business-men’s Association (QBA) is set to meet with the newly appointed...

Boeing confident about Dreamliner; no orders cancelled, says Johnson 21 Jul 2013 - 01:34 am

BY MOHAMMAD SHOEB DOHA: Problems encountered by Boeing’s 787 Dreamliner are glitches that any new airplane goes through, and the company is confident...

Qatar’s Emerging Market status to benefit asset managers 21 Jul 2013 - 01:33 am

DOHA: The MSCI’s decision to elevate Qatar from Frontier Market to Emerging Market status will significantly benefit Asset Management companies. A survey, jointly...

Credit squeeze may dampen growth in China: QNB Group 21 Jul 2013 - 01:31 am

Doha: The Chinese authorities’ policy to squeeze excessive credit expansion may dampen economic growth in the second half of 2013, according to QNB...

QE market cap rises to QR524bn 19 Jul 2013 - 03:36 am

DOHA: The Qatar Exchange (QE) index gained 129.90 points or 1.38 percent last week to close at 9549.87 points. The industrial, insurance and...

Moody’s downgrades subordinated debt ratings of 12 GCC banks 19 Jul 2013 - 03:35 am

DOHA: Moody’s Investors Service yesterday downgraded the subordinated debt ratings of 12 banks in the Gulf Cooperation Council (GCC) countries, including Qatar. The...

Weekly Money Market Review with IBQ: This is the peak of summer’s unpredictability 19 Jul 2013 - 03:22 am

An extremely volatile week in the currency market with the US dollar losing ground in the middle of the week after the FOMC...

CBQ completes Alternatifbank stake purchase 19 Jul 2013 - 03:03 am

DUBAI: Commercial Bank of Qatar (CBQ) yesterday said it had completed the purchase of a 70.84 percent stake in Turkey’s Alternatifbank. The transaction...