Business / Qatar Business

MPHC net profit up 83% in first quarter 29 Apr 2016 - 01:44 am

DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region’s premier diversified petrochemical conglomerates with interests in...

KidzMondo Doha signs deal with LBDI Holding 28 Apr 2016 - 03:44 am

DOHA: To make Doha’s indoor theme park a more vibrant and lively place for young visitors, KidzMondo Doha, Qatar’s one-of-a-kind miniature edutainment city,...

UDC signs agreement for sale of residential plot at Viva Bahriya 28 Apr 2016 - 03:41 am

Ibrahim Jassim Al Othman (left), President and CEO, UDC, and Hamad Saleh Al Qamra, Chairman of Al Qamra Holding, signing the agreement. DOHA:...

Al Meera records QR49.4m net profit in Q1 28 Apr 2016 - 03:35 am

DOHA: Al Meera Consumer Goods Company (Al Meera) has reported a net profit of QR49.4m for the first quarter (Q1) of the current...

Qatar’s foreign trade surplus at QR6.3bn in March this year 28 Apr 2016 - 03:32 am

By Sachin Kumar DOHA: Qatar’s foreign merchandise trade surplus (the difference between total exports and imports) stood at QR6.3bn in March 2016, showing...

UDC unveils iconic Al Mutahidah Towers project 28 Apr 2016 - 03:28 am

A scale mode of Al Mutahidah Towers. By Mohammad Shoeb DOHA: United Development Company (UDC), the master developer of The Pear Qatar (TPQ),...

QFB shares active on first trading day; QE index slips 28 Apr 2016 - 03:26 am

DOHA: The Qatar First Bank (QFB) which debuted its shares on Qatari bourse was the most heavily traded stock yesterday. “Much trading interest...

Alternatifbank issues Eurobonds 28 Apr 2016 - 03:24 am

DOHA: Alternatifbank, the Commercial Bank’s subsidiary in Turkey, has successfully completed its first Basel III compliant Tier 2 Eurobond issuance amounting to $300m...

Siemens’ 1,000th gas turbine heading to Qatar 28 Apr 2016 - 03:22 am

The Siemens gas turbine factory in Berlin. DOHA: The Siemens gas turbine factory in Berlin is shipping its 1,000th gas turbine manufactured at...

Qatar Petroleum launches high performance board programme 28 Apr 2016 - 03:21 am

DOHA: Qatar Petroleum (QP) has launched the ‘Qatar Petroleum High Performance Boards Programme’ in association with the internationally renowned Global Board Center of...

Fitch affirms ibq’s A+ rating 28 Apr 2016 - 03:19 am

DOHA: Fitch Ratings has affirmed International Bank of Qatar’s (ibq) Long-term issuer default ratings at ‘A+’ with a stable outlook. The agency also...

Ooredoo Group records QR7.9bn revenue in Q1 28 Apr 2016 - 03:10 am

DOHA: Supported by strong revenue growth in Oman, Indonesia, Myanmar, Kuwait and Maldives, Ooredoo Group revenue reached QR7.9bn in the first quarter of...

UDC signs agreement for sale of residential tower plot at “Viva Bahriya” 27 Apr 2016 - 05:28 pm

United Development Company (UDC), a leading Qatari shareholding company and master developer of The Pearl-Qatar, signed a sale and purchase agreement with property...

Qatar trade balance shows surplus of QR6.3 billion in March 27 Apr 2016 - 04:02 pm

Doha: The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports...

Qatar Airways raises International Airlines Group (IAG) stake 27 Apr 2016 - 01:21 pm

DUBAI: Qatar Airways has raised its stake in British Airways owner International Airlines Group (IAG) to under 12 percent from 9.99 percent, Chief...

Indonesian banking delegation visits QIIB HQ 27 Apr 2016 - 02:43 am

Indonesia’s Ambassador to Qatar Mohammed Bassiri Sidihabiy presenting a souvenir to Abdulbasit Ahmed Al-Shaibei. DOHA: A delegation from Indonesian Banking Development Institute, accompanied...