Business / Qatar Business

Qatar Airways operating profit jumps to QR3bn 12 Jul 2016 - 12:59 am

Qatar Airways Group Chief Executive Akbar Al Baker (second right) and Gulfstream Aerospace President Mark Burns (second left) at a press conference on...

Qatar Airways 2015-16 net profit jumps 328 percent 11 Jul 2016 - 03:31 pm

DOHA: Qatar Airways Group, the parent company of the Doha-based airline, reported a 328 percent jump in net profits at its airline operations...

Saudi cement export ban lift to ease Qatar’s demand 11 Jul 2016 - 12:47 am

By Mohammad Shoeb DOHA: Saudi Arabia’s decision to lift the export ban on cement may help meeting Qatar’s growing appetite for the primary...

Independent regional oil benchmarks must to gauge GCC’s real trade flow: Experts 11 Jul 2016 - 12:46 am

By Satish Kanady DOHA: With the GCC ramping up its refining capacity and energy consumption keep soaring; there is a strong demand for...

The Group retains top position in Q2 10 Jul 2016 - 12:00 am

By Satish Kanady DOHA: The Group Securities continued to be the topper in Qatar’s brokerage business by grabbing 34.17 percent of the total...

GCC equities make gains as oil prices rebound 08 Jul 2016 - 12:00 am

By Satish Kanady DOHA: The GCC equity markets recovered some ground in the second quarter (Q2, 16) as oil prices rebounded. Following a...

Siemens’ new electric motor makes first flight 06 Jul 2016 - 01:58 am

Record-setting propulsion system powering an Extra 330LE aerobatic airplane completing its first public flight at Schwarze Heide Airport near Dinslaken, Germany. DOHA: Siemens...

Fitch affirms Nakilat’s bonds rating 06 Jul 2016 - 01:57 am

DOHA: Fitch Ratings has affirmed Nakilat Inc’s senior bonds and the junior bonds. The $850m series A senior secured bonds due in 2033...

Gulf Craft launches second award-winning Majesty 122 05 Jul 2016 - 01:28 am

Majesty 122 superyacht. DOHA: Gulf Craft, the world’s innovative builder of luxury yachts and leisure boats, is set to announce the launch of...

Deloitte predicts revolutionary disruptive technologies in telecommunications 05 Jul 2016 - 01:27 am

DOHA: Deloitte in the Middle East has launched new services which provide support to clients in managing revolutionary disruptive technologies. The service has...

SriLankan Airlines launches Arabic website for Mideast travellers 05 Jul 2016 - 01:26 am

DOHA: SriLankan Airlines, the national carrier of Sri Lanka and a member the ‘One World’ alliance, has launched its Arabic website, providing its...

Petrochemicals to weigh on GCC’s Q2 earnings 05 Jul 2016 - 01:24 am

By Satish Kanady DOHA: GCC companies’ aggregate second quarter (Q2, 16) profits are expected to decline 10 percent year-on-year, led by 40 percent...

Qatar's Barwa Real Estate Q2 net profit nearly trebles 04 Jul 2016 - 09:25 am

DUBAI: Qatar's Barwa Real Estate, one of the Gulf Arab state's largest listed developers, reported a near-trebling of second-quarter net profit on Monday,...

Siemens appoints new CFO for Mideast region 04 Jul 2016 - 12:56 am

DOHA: The German engineering giant Siemens has appointed Alia Al Rifai (pictured) as new Chief Financial Officer (CFO) of the company’s Middle East...

Al Tamimi appoints four new partners 04 Jul 2016 - 12:55 am

DOHA: Al Tamimi & Company, one of the largest law firms in the Middle East region, announced yesterday it appointed four lawyers to...

Commercial Bank names new CEO 04 Jul 2016 - 12:55 am

DOHA: The Board of Directors of Commercial Bank yesterday announced the appointment of Joseph Abraham as the new Chief Executive Officer. Abraham is...

Sukuk issuance remains weak despite oil drop 04 Jul 2016 - 12:54 am

By Satish Kanady DOHA: Contrary to market expectations that drop in oil prices will help pick up sukuk issuance, the first half of...

Qatargas and RWEST in deal for LNG delivery to Europe 03 Jul 2016 - 03:59 am

Saad Sherida Al-Kaabi DOHA: Qatargas has announced a flexible Sale and Purchase Agreement (SPA) with RWE Supply & Trading (RWEST), a leading European...