Business / Qatar Business

QE index extends gains 05 Jul 2013 - 05:17 am

DOHA: Qatar Exchange’s main index extended gains last week led by the banking and financial sector and the transportation sector indices. The index...

Salam International to resume trading 05 Jul 2013 - 05:16 am

DOHA: Salam International Company will resume its share trading on Qatar Exchange (QE) from Sunday, July 7, 2013. A posting on QE website...

Banks’ earnings expected to be modest 04 Jul 2013 - 01:05 am

DOHA: Qatari banks’ earnings are expected to grow a modest four percent in Q2, 2103, compared to the same period last year. QNB...

GCC markets to continue growth: Alpen 04 Jul 2013 - 01:03 am

DOHA: GCC equity markets are likely to remain on an upward trajectory in second half (H2) of 2013, building momentum on the strong...

Globex opens first property in Doha 04 Jul 2013 - 01:00 am

DOHA: Globex Business Centres Inc in collaboration with Al Salam International yesterday announced the official opening of its first property here named Globex...

Foreign stake rise works well for IQ stocks 03 Jul 2013 - 01:15 am

DOHA: Increase in foreign ownership limit (FOL) worked well for the price and trade volumes of Industries Qatar’s (IQ) stocks. After raising its...

Ministry to launch economic surveys 03 Jul 2013 - 01:13 am

DOHA: The Ministry of Development Planning & Statistics is set to launch a set of annual economic surveys 2013. These surveys will cover...

Al Sada urges sustainable gas development 02 Jul 2013 - 02:03 am

The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada at the second gas summit in Moscow. DOHA: The...

QNB shares rise to 52-week high, hit QR161 02 Jul 2013 - 02:02 am

DOHA: The shares of Qatar National Bank (QNB) surged to a 52-week high to QR161 in yesterday’s trading. The shares opened at QR157.50...

QE Al Rayan Islamic Index up 180pc since January 2007 02 Jul 2013 - 02:01 am

DOHA: QE Al Rayan Islamic Index has generated a cumulative return of 180.2 percent since January 2007. Over the same period the QE...

Maran signs $662.4m refinancing deal 02 Jul 2013 - 01:59 am

From Left: Dimitri Stylianou from Maran Gas Maritime; Khalid Al Ahbabi, Barwa Bank; Muhammad Ghannam, Nakilat; Bassel Gamal, QIB, and Abdullah Al Sulaiti,...

Q.media Decaux awarded ad concession at City Center 02 Jul 2013 - 01:55 am

Doha: Q.media Decaux has been awarded an 11-year contract with City Center, Doha, for the exclusive advertising concession in the mall. Following advertising...

Petrochemical exports to hit 23m t/y: Minister 01 Jul 2013 - 03:13 am

H E Dr Mohammed bin Saleh Al Sada & Abdulrahman Ali Al Abdulla DOHA: Qatar’s chemical and petrochemical industry investments will further increase...

Qatar Shell inks deals with Manweir, ABB 01 Jul 2013 - 03:12 am

Officials of Qatar Shell, Manweir and ABB Oryx during the signing ceremony. DOHA: Two established local companies, Manweir and ABB Oryx have signed...

Barwa Bank bags EMEA achievement award 01 Jul 2013 - 03:11 am

Officials during the award ceremony. Doha: Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, has won the EMEA Finance Achievement Awards...

WPP scores hat-trick at Cannes Lions Festival 30 Jun 2013 - 11:29 pm

Doha: WPP, a communications services group, was named holding company of the year at the Cannes Lions Festival for the third time in...

Qatari bourse index loses 23.19 points 30 Jun 2013 - 11:26 pm

Doha: Qatar Exchange index lost 23.19 points or 0.25 percent yesterday to hit 9,275.56 points from the previous closing of 9,298.75 points. The...

Settlement cycle change to boost QE bond market 30 Jun 2013 - 11:26 pm

Doha: The proposed change in the settlement cycle from T+3 to T+1 for government securities will spur the debt market in Qatar, a...