Business / Qatar Business

Qatar Exchange rises by 0.29pc 01 Nov 2012 - 05:24 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 25.12 points (or 0.29 percent) to advance to 8,546.49 points from 8,521.37 on Tuesday....

International Islamic posts QR531m profit 31 Oct 2012 - 04:48 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani & Abdulbasit A Al Shaibei DOHA: Qatar International Islamic Bank (International Islamic) announced the...

Aamal’s Q3 net profit rises 37.6 percent 31 Oct 2012 - 04:47 am

DOHA: Aamal Company QSC (Aamal) yesterday announced nine-month and third quarter financial results for the period ended September 30, 2012. Driven by continuing...

QIC approves sale of over 7m shares to Qatar Holding 31 Oct 2012 - 04:47 am

DOHA: The Board of Directors of Qatar Insurance Company (QIC) has approved the sale of over 7 million shares to Qatar Holding, the...

Mawashi’s Q3 net profit reaches QR62m 31 Oct 2012 - 04:44 am

DOHA: Mawashi, Qatar’s Meat & Livestock Company, announced yesterday its financial results for the third quarter of 2012 with net profits reaching a...

Doha Bank plans selling shares in London 30 Oct 2012 - 03:02 am

DUBAI: Doha Bank, Qatar’s fifth-largest bank by market value, is considering selling shares in London as part of a plan to boost capital...

MasterCard unveils Arabic identity 30 Oct 2012 - 03:00 am

DOHA: With an objective to create enhanced brand affinity among Arab consumers in the Middle East and North Africa (Mena), MasterCard, has unveiled...

Doha Bank takes part in World Energy Forum 30 Oct 2012 - 02:51 am

Dubai: R Seetharaman (pictured), Doha Bank Group CEO, participated in a panel discussion at the recently concluded World Energy Forum, held in Dubai....

Glencore, Xstrata investors to vote on November 20 29 Oct 2012 - 04:01 am

LONDON: Investors in Glencore International and Xstrata, the commodity companies seeking to complete a $33bn combination by the end of the year, are...

Saxo Bank launches new charts 29 Oct 2012 - 04:00 am

DOHA: Saxo Bank, the online multi-asset trading and investment specialist, has launched new charts on SaxoTrader and SaxoWebTrader with enhanced functionalities. The new...

Qatar 4th on ‘Future Fifteen’ list 29 Oct 2012 - 04:00 am

DOHA: Qatar has grabbed a top slot in the ‘future forward country’ brand announced by the FutureBrand, a global brand consultancy built on...

GIS revenue surges, net profit grows by 70.1pc 28 Oct 2012 - 03:50 am

DOHA: Gulf International Services (GIS) or the largest service group in Qatar, with interests in a broad cross-section of industries, ranging from insurance,...

Qatar eyes major stakes in seven European banks 26 Oct 2012 - 04:18 am

DOHA: Qatar is considering buying major stakes in investment banks in Europe. Negotiations are underway with seven banks suffering from accumulated financial crises...

Qatar Navigation nets QR637.4m profit in 9 months 26 Oct 2012 - 04:16 am

DOHA: Qatar Navigation (Milaha) has recorded a net profit of QR637.4m for the nine months period ended September 30, 2012, an increase of...

UDC okays financing contract revision 26 Oct 2012 - 04:12 am

DOHA: The United Development Company, in line with the Company’s Board of Director’ decision, has approved the revision of the financing contract between...

Finance sector share in Qatar GDP up 14.5pc 25 Oct 2012 - 05:10 am

DOHA: The contribution of Qatar’s “Finance, insurance, real estate and business services” sector to the country’s GDP grew at an average rate of...

Ezdan Holding Group records QR261m net profit 25 Oct 2012 - 05:09 am

DOHA: Ezdan Holding Group has disclosed the interim financial statements for the period ending September 30, 2012. The financial statements revealed a net...

Workshop discusses QBI prospects 25 Oct 2012 - 05:07 am

DOHA: Award-winning SMEs organisation, Qatar Development Bank (QDB), and Social Development Centre (SDC), member of Qatar Foundation, have recently organised a stakeholders’ workshop...