Business / Qatar Business

Widam posts net profit of QR33.9m 11 Aug 2014 - 11:26 pm

Doha: Widam Food Company disclosed the semi-annual financial statements for the period ending June 30, 2014 and revealed a net profit of QR33.90m...

QE index closes marginally lower 10 Aug 2014 - 11:37 pm

Doha: Qatar Exchange index dropped marginally by 0.9 points, or 0.01 percent, when trading closed yesterday at 13,075.43 points. The trading value reached...

Industries Qatar posts QR2.8bn profit for H1 10 Aug 2014 - 11:35 pm

DOHA: Industries Qatar (IQ), the region’s industrial giant with interests in the production of a wide range of petrochemical, fertiliser and steel products,...

Doha Bank head gets ‘Best Banking Chairman’ award 09 Aug 2014 - 11:02 pm

DOHA: Sheikh Fahad bin Mohammad bin Jabor Al Thani (pictured), Chairman of Doha Bank Board of Directors has been honored with the “Best...

Global economy outlook remains uneven: QNB 09 Aug 2014 - 11:01 pm

Doha: The global economy continues to stumble along, says the weekly report by the QNB Group. According to the latest IMF World Economic...

QIB’s exclusivity deal with Bank Asya terminated 09 Aug 2014 - 10:54 pm

DOHA: Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, yesterday confirmed that the exclusivity agreement relating to discussions to acquire a strategic stake...

Mannai Corp H1 net profit up by 31.5pc 09 Aug 2014 - 10:54 pm

DOHA: Mannai Corporation recorded a net profit of QR315.1m for the first half of 2014 (H1, 14), up 31.5 percent compared to QR239.7m...

QE index posts 1.55pc weekly gain 07 Aug 2014 - 11:21 pm

DOHA: Qatar Exchange index gained 199.02 points, or 1.55 percent, in the past week as the bourse closed trading at 13,076.33 points yesterday....

Qatar set to award $26.2bn contracts 06 Aug 2014 - 11:49 pm

DOHA: Qatar will award projects worth a total $ 26.2bn in 2014, compared with just $9.4bn last year. Infrastructure project awards across the...

Doha hotels occupancy levels on growth path 06 Aug 2014 - 11:45 pm

DOHA: Hotels in Doha city experienced an 11.4 percentage point growth in occupancy to 75.9 percent in the first six months of 2014,...

Qatar stocks down 0.53pc 06 Aug 2014 - 11:30 pm

Doha: Qatar Exchange index dipped 70.19 points, or -0.53 percent, yesterday when trading closed at 13,103.45 points. The trading value reached QR583.532m with...

Ahli United Bank posts $262.5m H1 net profit 06 Aug 2014 - 11:29 pm

DOHA: Ahli United Bank BSC (AUB) reported a net profit attributable to its shareholders of $262.5m for the half year ended June 30,...

Air Arabia unveils second Turkish destination 06 Aug 2014 - 11:26 pm

Doha: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, announced the start of its non-stop services to the...

Non-hydrocarbon sector grows double-digit in Qatar, says QNB 05 Aug 2014 - 11:35 pm

DOHA: Strong domestic demand from investments and private consumption drove double-digit non-hydrocarbon growth (11.5 percent) in Q1, 2014. The share of investment in...

Earnings push QE index beyond 13,000 05 Aug 2014 - 11:33 pm

By Satish Kanady DOHA: Qatar bourse advanced broadly yesterday with the index breaking the 13,000 levels, fifth time this year, triggered by retail...

QE snaps four-day losing streak 04 Aug 2014 - 10:56 pm

DOHA: Snapping its four-day losing streak, Qatar stocks yesterday surged to break the 13,000 barrier in intraday trading, before settling to 12,991 gaining...

Vodafone unveils Red plans for business 03 Aug 2014 - 10:55 pm

DOHA: After its highly successful launch of Red Postpaid plans for consumers, Vodafone announced the availability of Red Postpaid plans tailored for businesses...

QE index closes marginally lower 03 Aug 2014 - 10:50 pm

Doha: Qatar Stock Exchange index dipped marginally by 11.81 points when it closed at 12,865.50 points yesterday. The traded value was down to...