Business / Qatar Business

QFC introduces new regulations 23 Oct 2012 - 04:35 am

DOHA: The Qatar Financial Centre Authority (QFC Authority) yesterday announced it has issued important new regulations governing special purpose companies, holding companies and...

Al Wa’ab City re-launches construction of key projects 23 Oct 2012 - 04:35 am

DOHA: Al Wa’ab City, one of the largest privately owned real estate developments in Qatar, has officially announced the re-launch of construction works...

24 companies to showcase Qatar’s export potential at Dubai Big 5 23 Oct 2012 - 04:34 am

DOHA: Qatar Development Bank’s (QDB) export development agency, Tasdeer, is gearing up for showcasing Qatar’s exporting potentials at the upcoming international building and...

Weekly Money Market Review with IBQ: European Union summit disappoints the market 23 Oct 2012 - 04:27 am

The US Dollar lost its footing against most of its counterparts as risk appetite staged a return at the beginning of the week,...

Qtel Group revenues soar to QR25bn 22 Oct 2012 - 04:43 am

Sheikh Abdullah bin Mohammed bin Saud Al Thani (left) and Dr Nasser Marafih DOHA: Driven by its solid performances in Qatar, Iraq, Algeria,...

Ahli Bank nets QR367m profit till September 22 Oct 2012 - 04:41 am

DOHA: Ahli Bank QSC (ABQ) has reported a net profit of QR367m for the nine months ending September 30, 2012, recording a growth...

UDC net profit surges 14pc 22 Oct 2012 - 04:40 am

DOHA: United Development Company (UDC) has announced strong performance with its revenue recording QR2.076bn for the first nine months of 2012 compared with...

Woqod assets rise 19pc to reach QR8.3bn 22 Oct 2012 - 04:40 am

DOHA: Woqod’s net profit, after excluding minority interest, declined one percent for the first nine months of 2012, compared with the same period...

Qatar plans centre for industrial subcontracting and partnership 22 Oct 2012 - 04:34 am

DOHA: Enterprise Qatar (EQ) announced that its board of directors has approved the establishment of Qatar centre for industrial subcontracting and partnership, following...

Qatar leads GCC in money supply growth 21 Oct 2012 - 06:12 am

DOHA: Qatar recorded the highest broad money supply growth in the region in 2011 and during the first eight months of 2012. The...

Islamic banking market in Qatar worth $35bn: IIF 21 Oct 2012 - 06:12 am

DOHA: The size of Islamic banking market in Qatar is worth $35bn. The sector accounts for an estimated 19.3 percent of the country’s...

Qatar’s banking sector tops Mena Tier 1 growth 21 Oct 2012 - 06:11 am

DOHA: Qatari banking sector is leading the way in the Middle East’s Tier 1 growth. A top ‘Arab banks ranking’ conducted by the...

N-KOM wins ‘Shipyard of the Year’ Award 19 Oct 2012 - 04:28 am

An N-KOM official receiving the award recently. DOHA: Nakilat-Keppel Off-shore & Marine (N-KOM) has been awarded ‘Shipyard of the Year’ at Lloyd’s List...

Medicare Group’s profits rise 19 Oct 2012 - 04:26 am

DOHA: Medicare Group posted a 22 percent growth in it’s net operational profits for the nine month period ended September 30, 2012, compared...

Mannai Corp net profit up by 47 percent 19 Oct 2012 - 04:22 am

DOHA: Mannai Corp-oration has posted a net profit of QR 299.9m for the nine month period ended September 30, 2012, up 47 percent...

Expert stresses role of climate change and sustainability for future growth 19 Oct 2012 - 04:20 am

Doha: Senior professionals from the oil and gas, real estate, construction and banking industry yesterday discussed the system of megaforces important for business...

QIB records QR1.13bn net profit 18 Oct 2012 - 07:36 am

Sheikh Jassim bin Hamad bin Jassem bin Jaber Al Thani DOHA: Qatar Islamic Bank (QIB), has recorded a net profit of QR1.13bn for...

Qatar Electricity & Water Company’s profits decline by six percent 18 Oct 2012 - 07:35 am

DOHA: Despite reporting a 3 percent increase in its sales, Qatar Electricity and Water Company’s net profits declined six percent on year-on-year basis....