Business / Qatar Business

QIIB nets QR679m profit in 2012 23 Jan 2013 - 07:19 am

Sheikh Dr Khalid bin Thani Al Thani & Abdulbasit Al Shaibei DOHA: International Islamic (Qatar International Islamic Bank) recorded a strong growth across...

Qtel close to clinching $1bn loan facility 23 Jan 2013 - 07:19 am

DUBAI: Qatar Telecom (Qtel) is close to clinching a $1bn loan facility that will help to finance its general business operations, banking sources...

Qatar Insurance Company to float rights issue 23 Jan 2013 - 07:18 am

DOHA: The country’s premier risk underwriter, Qatar Insurance Company (QIC), says it hopes to give away both cash and stock dividends for 2012,...

Contractors want price of steel rods reduced further 23 Jan 2013 - 07:18 am

DOHA: While some Qatari contractors see the recent decrease in the price of steel rods in the local market encouraging, others were not...

Energy demand in developing nations to rise by 65pc: Cahir 23 Jan 2013 - 07:17 am

Bart Cahir, President and General Manager of ExxonMobil Qatar Inc. speaking at the Offshore Middle East Conference and Exhibition at QNCC. DOHA: Energy...

Qatari bourse index up 0.18pc 23 Jan 2013 - 07:16 am

Doha: Qatar Exchange ended in in green yesterday adding 15.10 points (or 0.18 percent) to advance to 8,623.15 points from 8,608.05 on Monday....

Barzan project to go on stream next year 22 Jan 2013 - 04:10 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada visiting an exhibition stall at the Offshore Middle East...

Attiyah to receive top MEED Award 22 Jan 2013 - 04:10 am

Doha: The Chairman of the Administrative Control and Transparency Authority H E Abdullah bin Hamad Al Attiyah will be presented with the MEED...

Pvt sector to get major slice of projects 22 Jan 2013 - 04:09 am

The Minister of Economy and Finance H E Yousuf Hussein Kamal and Abdulrahman Ahmad Al Shaibi, Director of Finance, Qatar Petroleum Group, at...

QE declines; most GCC bourses slip 22 Jan 2013 - 04:08 am

Dubai: Qatar Exchange (QE) slipped yesterday 17.28 points or 0.20 percent to 8,608.05 points from the previous closing while Abu Dhabi’s Sorouh Real...

UDC cuts service charges at The Pearl-Qatar 22 Jan 2013 - 04:08 am

DOHA: The United Development Company (UDC) has announced another 12.5 percent cut on all charges applicable to common use facilities at The Pearl-Qatar,...

QNB launches salary acquisition campaign 22 Jan 2013 - 04:08 am

Doha: Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, has launched a salary acquisition campaign. Through this...

NBK upbeat after turbulent year for Kuwaiti banks 22 Jan 2013 - 04:07 am

KUWAIT: The outlook for Kuwait’s banks has improved after a turbulent year thanks to an expected increase in state infrastructure spending, the head...

QIB profits at QR1.24bn; assets rise by 25.6pc 21 Jan 2013 - 06:25 am

QIB chairman Sheikh Jassim bin Hamad bin Jassim bin Jabor Al Thani. DOHA: Qatar Islamic Bank (QIB) has announced a net profit of...

Doha Bank profit up by 5.1pc 21 Jan 2013 - 06:22 am

Doha Bank Group CEO, R Seetharaman, (seated fourth left) is flanked by Executive Manager of Private Banking Abdullah Al Asadi (third left) and...

Regency launches firm dedicated to realty market 21 Jan 2013 - 06:21 am

DOHA: The Regency Group Holding yesterday launched “Escrow International” , the first company of its kind in Qatar that will provide high quality...

JP Morgan lead manager for Doha Bank share sale 21 Jan 2013 - 06:17 am

By Satish Kanady DOHA: JP Morgan will be the lead manager for Doha Bank’s upcoming share sale, the bank’s Group CEO Dr R...

Al Meera rights issue from January 27 21 Jan 2013 - 06:15 am

Dr Mohammed Nasser Al Qahtani, Deputy CEO of Al Meera (right) and Adel Mustafawi, Masraf Al Rayan’s Group CEO, after signing the agreement...