Business / Qatar Business

Milaha 2013 net profit up 14pc at QR950m 02 Mar 2014 - 01:54 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR950m for the full-year 2013 against QR835m for the same period in 2012, an...

Ageing impacts growth: QNB 02 Mar 2014 - 01:19 am

Doha: Ageing population has a direct impact on economic performance, fiscal policy and asset allocation. It is also a critical indicator for long-term...

Al Khaliji lead participant at UAE conference 02 Mar 2014 - 01:18 am

Doha: Al Khalij Commercial Bank was a leading participant at the recently held Syndicated Lending Middle East conference on ‘Financing in a New...

QE index drops 100.57 points last week; MPHC dips 28 Feb 2014 - 06:26 am

Doha: Qatar Exchange (QE) index dropped 100.57 points, 0.85 percent, last week when trading closed at 11,771.83 points yesterday. The trading value of...

MPHC shares surge 450pc on first day 27 Feb 2014 - 03:33 am

H E Dr Mohamed bin Saleh Al Sada (third from right) with other dignitaries at the listing ceremony yesterday. By Satish Kanady DOHA:...

Ooredoo’s sukuk wins ‘Qatar - Deal of the Year’ 27 Feb 2014 - 12:27 am

DOHA/DUBAI: Ooredoo yesterday announced that it has won “Qatar - Deal of the Year” at the Islamic Finance Awards 2013 held on February...

Mannai Auto fleet unit posts best-ever sales 27 Feb 2014 - 12:27 am

Mannai Auto Group’s team. Doha: Mannai Auto Group’s Fleet division registered its best-performing year in 2013, with the most total fleet unit sales...

MPHC listing ‘a step towards’ national vision 27 Feb 2014 - 12:21 am

H E Dr Mohamed bin Saleh Al Sada (third from right) with other dignitaries at the listing ceremony yesterday. DOHA: The Mesaieed Petrochemical...

MPHC to debut on QE today 26 Feb 2014 - 12:32 am

DOHA: Qatar Exchange (QE) will list Mesaieed Petrochemical Holding Company (MPHC), a unit of state-owned Qatar Petroleum (QP), today. With the listing of...

QInvest posts 40pc revenue increase 26 Feb 2014 - 12:30 am

From left: Bassel Jamal, Tamim Hamad Al Kawari, Jassim bin Hamad Al Thani, Mohamed Al Manaa and Khamis Mubarak Al Kuwari at a...

MasterCard plans big role in Qatar, to bring in digital wallet 26 Feb 2014 - 12:30 am

BY MOHAMMAD SHOEB DOHA: With the recent acquisition of C-SAM Inc, a leading provider of mobile wallet and on-device software and services, MasterCard...

UDC revenue reaches QR2.08bn 26 Feb 2014 - 12:22 am

DOHA: United Development Company (UDC) recorded revenue of QR 2.08bn for the year 2013. The company’s net profit for the full reached to...

Ooredoo for $1bn refinancing loan 26 Feb 2014 - 12:21 am

LONDON: Qatar’s telecommunications firm Ooredoo has approached banks for a syndicated loan of up to $1bn that will refinance existing debt, banking sources...

Lexus posts 19pc sales growth in Middle East 25 Feb 2014 - 11:57 pm

Doha: Lexus yesterday announced a steady increase in Middle East sales in 2013 with a more than 19 percent rise by selling 37,284...

QIB gets new board, Sheikh Jassim is chairman 25 Feb 2014 - 01:06 am

Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani flanked by Abdullatif bin Abdulla Al Mahmmoud (left) and Mohammad bin Abdullatif Al...

‘Qatar needs to deepen debt market’ 25 Feb 2014 - 01:00 am

Marios Maratheftis (left) and Charles Carlson. Kammutty VP By Satish Kanady DOHA: Qatar needs to deepen its domestic debt market as issuing government...

Loan-to-deposit ratio surges to 107pc 25 Feb 2014 - 12:56 am

DOHA: Qatari banking sector’s loan-to-deposit ratio (LDR) increased to 107 percent at the end of January 2014 against 105 percent in December 2013. ...

QIC’s Antares buyout is credit positive: Moody’s 25 Feb 2014 - 12:56 am

DOHA: The acquisition of Antares Holdings Limited by Qatar Insurance Company (at regulatory approval stage) is “credit positive” for both QIC and Lloyd’s...