Business / Qatar Business

Aamal records QR 652.7m in group revenue for H1 31 Jul 2018 - 06:22 am

DOHA: Aamal Company (Aamal), one of the fastest growing diversified companies in the region, has delivered QR228.9m as net profit attributable to equity...

Woqod reports 35% surge in net profit for H1, 18 31 Jul 2018 - 06:03 am

DOHA: Qatar Fuel (Woqod) has posted a net profit of QR503m for the first six month of this year (H1, 2018), up 35...

Milaha’s net profit grows by 11% in H1 31 Jul 2018 - 06:03 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR297m for the first half of 2018 (H1, 18), up 11 percent compared to...

Stock of residential units touches 288,100 30 Jul 2018 - 03:13 am

DOHA: With a mix of 775 new apartments and villas during the second quarter of this year, the total number of residential units...

QFBA holds IFRS course update in collaboration with IMA Qatar chapter 30 Jul 2018 - 03:13 am

DOHA: With a vision to upgrade and enhance the global financial knowledge landscape of Qatar’s finance professionals, Qatar Finance and Business Academy (QFBA)...

Qatar big banks’ combined net profit grows by 10.6% in H1 30 Jul 2018 - 03:13 am

DOHA: Qatar’s top banks delivered a combined net profit of a solid QR12bn for the first half of 2018, up 10.6 percent compared...

Ooredoo announces QR15.3bn in revenue for H1,18 30 Jul 2018 - 03:13 am

DOHA: Telecom giant Ooredoo recorded a QR15.3bn in revenue for the first half of 2018 (H1 2018). The revenues were mainly driven by...

QFB subsidiary to sell ‘English Home’ stakes 30 Jul 2018 - 02:43 am

DOHA: Qatar First Bank (QFB) announced that one of its subsidiaries has signed a conditional sale agreement to sell its full stake of...

Doha Bank names its fifth ‘Al Dana Young Saver’ winner 29 Jul 2018 - 04:47 am

DOHA: Doha Bank yesterday announced A S N Al Thani as the latest lucky winner in its ‘Al Dana Young Saver’ scheme. The...

Qatar retains position as world’s top LNG exporter 29 Jul 2018 - 04:14 am

DOHA: Qatar has retained the crown of world’s largest exporter of Liquefied Natural Gas (LNG) in 2017. The country exported 81 million tonnes...

Qatar banks’ total assets grow by QR54.3bn in June 29 Jul 2018 - 04:14 am

DOHA: Qatar banks’ assets (and liabilities) increased by QR54.3bn to QR1.39trillion by the end of June 2018, compared to QR1.34trillion by the end...

S&P affirms sovereign ratings on Qatar 29 Jul 2018 - 04:14 am

DOHA: S&P Global Ratings has affirmed its ‘AA-/A-1+’ long- and short-term foreign and local currency sovereign ratings on Qatar. The ratings affirmation reflects...

Indonesia’s policy pause unlikely to last long: QNB 29 Jul 2018 - 04:14 am

DOHA: Bank Indonesia (BI) Governor Perry Warjiyo’s front-loading of policy tightening so far this year and the clear signal that further rate hikes...

Qatar’s trade surplus rises by 44.5 percent in June 2018 29 Jul 2018 - 03:45 am

DOHA: The State of Qatar’s commodity trade balance, which represents the difference between total exports and imports, reached a surplus of QR18bn in...

Mideast set to emerge as major oil product exporters 28 Jul 2018 - 03:48 am

DOHA: The Middle East has been actively building refineries, not only to displace product imports, but to become a net refined product exporter....

Thomson Reuters Financial & Risk Business announces new firm Refinitiv 28 Jul 2018 - 01:22 am

DOHA: Thomson Reuters Financial & Risk business yesterday announced that following the closing of the strategic partnership transaction between Thomson Reuters and private...

QIMC reports QR108.2m net profits for H1, 2018 27 Jul 2018 - 06:16 am

DOHA: Qatar Industrial Manufacturing Company (QIMC) has reported a net profit of QR108.2m for the first half of this year (H1, 2018) marginally...