Business / Qatar Business

Banks’ credit surges by QR98.5bn: QCB 26 Oct 2016 - 03:29 am

DOHA: Qatar banks’ combined credit, both inside and outside the country, increased by QR98.5bn or 15.1 percent in 2015, as compared with the...

Investcorp to buy 3iDM business 26 Oct 2016 - 03:24 am

DOHA: Investcorp, a leading provider and manager of alternative investment products, yesterday announced that it has agreed to acquire the debt management business...

Oversupply weighs on office market 26 Oct 2016 - 03:22 am

DOHA: The office market segment in Qatar’s real estate sector continued to struggle over the summer months as demand has been largely limited...

Gulf Air & Swissport subsidiary sign ground handling contract 26 Oct 2016 - 03:21 am

DOHA: Gulf Air, the national carrier of the Kingdom of Bahrain has signed a ground handling services contract with Swissport Saudi Arabia, a...

Qatar First Bank receives ‘Best Up-and-Coming Islamic Financial Institution’ award 26 Oct 2016 - 03:18 am

DOHA: Qatar First Bank (QFB), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), along with...

QIIB records QR666.4m net profit in Q3 25 Oct 2016 - 01:10 am

DOHA: Leading Islamic lender QIIB recorded a net profit of QR666.4m in third quarter of 2016 (Q3, 16), up 1.5 percent, compared to...

IMF acclaims Qatar’s strategy to diversify financing sources 25 Oct 2016 - 01:06 am

DOHA: Qatar’s plans to chart a course towards diversifying its financing sources has been well-appreciated by the International Monetary Fund (IMF). Commenting on...

Blockchain can transform financial sector: Report 25 Oct 2016 - 01:02 am

DOHA: Blockchain technologies have the potential to revolutionise the rapidly growing financial services sector in Qatar and the broader GCC region, according to...

Malaysian minister visits Doha 25 Oct 2016 - 01:01 am

The Malaysian Minister of International Trade and Industry, Dato Mustapha Mohamed (right), Ambassador of Malaysia to Qatar, Ahmed Jazri Mohamed Johar (second left),...

Qatar leads region’s outbound M&A activity 25 Oct 2016 - 01:00 am

DOHA: Qatar has led the Middle Eastern region both in terms of outbound M&A activity and debt issuance during the first nine months...

Axco debuts in Mena market 25 Oct 2016 - 12:58 am

DOHA: Axco Insurance Information Services (Axco), the world’s leading provider of business intelligence and information services to the insurance industry, yesterday announced its...

QIMC’s 9-month net profit at QR163m 25 Oct 2016 - 12:56 am

DOHA: Qatar Industrial Manufacturing Company (QIMC) has posted a net profit of QR163m for the first nine months of this year, against QR135...

Oil market closest to rebalancing: Dr Al Sada 24 Oct 2016 - 04:12 am

DOHA: HE Dr. Mohammad bin Saleh Al Sada, Minister of Energy and Industry, has stated that the World oil market was currently closest...

IQ posts QR2.7bn net profit 24 Oct 2016 - 04:11 am

DOHA: Industries Qatar, one of the region’s industrial giants with interests in the production of a wide range of petrochemical, fertiliser and steel...

Qatar’s GDP grows 2.5% in second quarter this year 24 Oct 2016 - 04:09 am

DOHA: Qatar’s quarterly Gross Domestic Product (GDP) at constant prices rose 2.5 percent in the second quarter of 2016 compared to the first...

Gulf Air increases Riyadh flights to 5 daily 24 Oct 2016 - 04:06 am

DOHA: Gulf Air, the national carrier of Bahrain, yesterday announced the upcoming increase of its flights to and from the Saudi capital city...