Business / Qatar Business

QCB absorbs QR16bn liquidity through T-Bond 17 Oct 2014 - 02:53 am

By Satish Kanady DOHA: The Qatar Central Bank’s (QCB) active liquidity management initiatives have helped absorb QR16bn liquidity from the country’s financial system...

QFC banks record rapid growth in 2013 17 Oct 2014 - 02:44 am

DOHA: Banks operating in the Qatar Financial Centre (QFC) saw rapid growth in 2013. The size of the QFC banking sector grew by...

Cross-border banks’ assets shift from Europe to Mena 17 Oct 2014 - 02:44 am

DOHA: The geographical distribution of Qatar banks’ cross-border assets witnessed a shift in 2013. The share of European assets steeply declined from over...

Cofely Besix Mannai Facility Management gets QP contract 17 Oct 2014 - 02:43 am

DOHA: Qatar’s leading facilities management company, Cofely Besix Mannai Facility Management (CBMFM), a subsidiary of Mannai Corporation, has been awarded its first contract...

QA signs deal with Gulfstream 16 Oct 2014 - 01:16 am

Business jet Gulfstream. DOHA: Qatar Airways (QA) signed a Memorandum of Understanding (MoU) with Gulfstream Aerospace for the purchase of up to 20...

QInvest leads surge in global sukuk activity 16 Oct 2014 - 01:15 am

DOHA: QInvest, Qatar’s leading investment bank and prominent Islamic financial institution, has been at the forefront of global sukuk activity in 2014. It...

IndiGo to buy record 250 Airbus planes 16 Oct 2014 - 01:13 am

The Airbus A320neo (New Engine Option) takes off during its first flight event in Colomiers near Toulouse, southwestern France, last month. NEW DELHI/PARIS:...

Toyota recalls 1.67m Toyota, Lexus cars 16 Oct 2014 - 01:13 am

Toyota Motor’s new SUV Lexus NX 200t leaving an assembly plant in Miyawaka, Fukuoka Prefecture on Kyushu Island, southwestern Japan. TOKYO: Japan’s Toyota...

‘Banks should fight against financial crime’ 16 Oct 2014 - 01:11 am

Doha Bank Group CEO Seetharaman speaking at the fifith US-Mena Private Sector Dialogue on correspondent banking at BNY Mellon, New York. DOHA: The...

Tata in talks to sell UK steel plants to Swiss group Klesch 16 Oct 2014 - 12:50 am

MUMBAI/LONDON: India’s Tata Steel Ltd is in talks to sell loss-making European operations including mills in northern England and Scotland to Geneva-based Klesch...

Drop in oil prices not to impact Qatar: Minister 16 Oct 2014 - 12:49 am

DOHA: The drop in Global oil prices is not going to affect Qatar’s proposed development projects. The market fluctuations will have neither short-term...

Qatalum takes part in Dusseldorf event 15 Oct 2014 - 06:54 am

Officials at the Aluminium 2014 event in Dusseldorf. DOHA: Qatalum has participated in the just-concluded “Aluminium 2014” at the 10th World Trade Fair...

Islamic Bank of Britain appoints CCO 15 Oct 2014 - 06:47 am

Doha: Islamic Bank of Britain Plc (IBB), the UK’s only wholly Shariah-compliant retail bank, announced the appointment of Keith Leach to the newly...

Qatargas announces successful PMP start 15 Oct 2014 - 06:46 am

DOHA: Qatargas has announced the successful start-up of the Plateau Maintenance Project (PMP). The objective of the project is to ensure the production...

Egypt imposes tariffs to protect steel sector 15 Oct 2014 - 06:45 am

CAIRO: Egypt has imposed temporary tariffs to protect domestic steel rebar manufacturers from cheap foreign imports amid a long-running local energy crunch that...

Masraf Al Rayan’s call for shareholders 15 Oct 2014 - 06:45 am

Doha: On its quest to protect the interest of shareholders who have not received their dividend payments, and in compliance with the instructions...

Indonesia GDP to fall to 4.5pc in 2015: QNB 15 Oct 2014 - 06:43 am

Doha: The real GDP growth of Indonesia is to slow further from 5.1 percent in 2014 to 4.5 percent in 2015 as the...

Islamic banks in Qatar continue to grow faster 14 Oct 2014 - 12:23 am

DOHA: The Islamic banks in Qatar will continue to grow faster than their conventional peers in the next couple of years. The credit...