Business / Qatar Business

Demand for Saudi oil to grow: Minister 02 Apr 2013 - 06:17 am

Saudi oil minister Ali bin Ibrahim Al Nuaimi in Doha yesterday. DOHA: Demand for Saudi crude is likely to rise over the next...

Qatar has 40pc reserve margin in electricity 02 Apr 2013 - 06:16 am

DOHA: Due to a rapid expansion in its generation capacity, Qatar is sitting on a high 40 percent reserves in the power sector....

Qatari businessmen keen to invest in Afghanistan 01 Apr 2013 - 06:45 am

QBA Chairman Sheikh Faisal bin Qassim Al Thani (second left) shaking hands with Afghan President Hamid Karzai in Doha. QBA Second Deputy Chairman...

Ooredoo to launch ultrafast 4G LTE network in two weeks 01 Apr 2013 - 06:43 am

Ooredoo Chairman Sheikh Abdullah bin Mohammed bin Saud Al Thani (centre), Deputy Chairman Ali Shareef Al Emadi (right) and CEO Dr Nasser Marafih...

Qatar’s pharmaceutical market to remain import-dependent 01 Apr 2013 - 06:41 am

DOHA: Qatar’s pharmaceutical market is likely to remain highly import-dependent, providing significant opportunities for multinational branded drug makers through the trade route. Despite...

Milaha to give dividend from Apr 7 01 Apr 2013 - 06:39 am

Sheikh Ali bin Jassim bin Mohammad Al Thani, Chairman and Managing Director of Milaha, at the Annual General Meeting at the W Hotel...

Qatar Exchange down a tad; Egypt falls to 16-week low 01 Apr 2013 - 06:31 am

Doha/dubai: Qatar Exchange was down 8.54 points or 0.10 percent to 8,577.72 points yesterday from the previous closing of 8,586.26 points. Among the...

Qatargas delivers first cargo of LNG to Singapore 01 Apr 2013 - 06:28 am

The Q-Max LNG carrier ‘Umm Slal’. Doha: Qatargas has delivered its first ever cargo of liquefied natural gas (LNG) to Singapore. The cargo...

Weakly Money Market Review with IBQ: Cyprus contagion fears loom over European markets 01 Apr 2013 - 06:14 am

The Euro fell against its American counterpart, as Investors feared the deal in Cyprus, which caused big losses for depositors above EUR 100,000...

Qatar’s real GDP grows over six percent: QSA report 31 Mar 2013 - 01:15 am

DOHA: Qatar’s real gross domestic product (GDP) in October-December 2012 rose 6.2 percent from a year earlier, growing 6.6 percent from the previous...

Qatar’s QR13.4bn worth projects win Meed Quality Awards 31 Mar 2013 - 01:13 am

DOHA: The 2013 Meed Quality Awards for Projects, in association with Ernst & Young, have announced Qatar ‘National Winners’ of the GCC-wide awards...

UK strengthens economic ties with GCC 31 Mar 2013 - 01:12 am

Doha: The UK economy is still struggling to recover from the effects of the global economic crisis in 2008-09. Nonetheless, its importance as...

Qatari investors to buy 100pc of Printemps 29 Mar 2013 - 11:18 pm

PARIS: Qatari investors are set to buy 100 percent of French department store Printemps, official documents seen by Reuters show. The tourist shopping...

Qatar in major push to revive Islamic funds 29 Mar 2013 - 04:07 am

DUBAI: Doha-based investment bank QInvest, majority owned by Qatar Islamic Bank (QIB), says it plans to launch at least 30 Islamic funds over...

QE Index shed 19.34 points this week 29 Mar 2013 - 04:05 am

DOHA: Qatar Exchange (QE) Index lost 19.34 points or 0.22 percent during this week to close at 8,586.26 points. During the week, trading...

Fitch affirms Ooredoo at ‘A+’; Outlook Stable 29 Mar 2013 - 04:04 am

DOHA: Fitch Ratings has affirmed Ooredoo’s (Qatar Telecom QSC) Long-term foreign currency Issuer Default Rating (IDR) at ‘A+’ with Stable Outlook. Qtel International...

Wataniya names new CEO 29 Mar 2013 - 04:04 am

DOHA: Ooredoo subsidiary Wataniya Telecom’s current Deputy CEO Abdulaziz Fakhroo has been appointed as CEO for Wataniya Telecom, replacing Dr Bassam Hannoun who...

QNB announces acquisition of controlling stake in NSGB 29 Mar 2013 - 04:02 am

Doha: QNB Group yesterday officially announced the successful completion of acquiring a controlling stake in National Societe Generale Bank - Egypt (NSGB). The...