Business / Qatar Business

Oil price weakness continues to pressurise GCC equities 23 Feb 2016 - 01:36 am

By Satish Kanady DOHA: Weakness in oil prices will continue to keep GCC equities under pressure. The region’s markets would continue to face...

Al Meera reports net profit of QR162.1 million 22 Feb 2016 - 10:32 am

Doha: Retail major Al Meera has reported a net profit of QR162.1 million for the financial year ended December 31, 2015, a drop...

Nigeria backs Doha quartet deal on oil output freeze 22 Feb 2016 - 01:24 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with Nigerian Oil Minister Emmanuel Ibe Kachiwku in Doha yesterday....

QEWC’s AGM gives approval for QR825m cash dividend 22 Feb 2016 - 01:24 am

QEWC Vice-Chairman Issa bin Shahin Al Ghanim (left) and Fahad bin Hamad Al Mohannadi, Managing Director and General Manager of QEWC, at the...

Commercial real estate payment delay to aggravate banks’ woes 22 Feb 2016 - 01:23 am

By Satish Kanady DOHA: Qatar banks’ exposure to commercial real estate sector is likely to lead to pickup in delinquencies, a situation where...

Shareholders okay raising QIC capital to QR2.43bn 22 Feb 2016 - 01:22 am

Sheikh Hamad bin Faisal bin Thani Al Thani (left), Board member of QIC, and Abdulla bin Khalifa Al Attiya, Deputy Chairman of QIC,...

Lulu Exchange opens 125th global branch 22 Feb 2016 - 01:22 am

Dr Abdullah S Al Owaisi, Under Secretary, Ministry of Commerce & Industry, opening the LuLu International Exchange’s 125th global branch in the presence...

AFII hosts session on career management 22 Feb 2016 - 01:21 am

Officials at the event. DOHA: Al Faisal International for Investment (AFII) hosted an interactive session with career management expert Prof Andrew Garner at...

Forum to bring together experts on entrepreneurship 22 Feb 2016 - 01:20 am

DOHA: A distinguished line-up of some of the world’s influential speakers on entrepreneurship are expected to converge in Doha for the third edition...

Honda unveils new Accord with region-first sensing technology 22 Feb 2016 - 01:20 am

Doha: Doha Marketing Services Company WLL (DOMASCO)announced the launch of 2016 Honda Accord Coupe in Qatar. Available across all Honda showrooms in the...

IMF chief pays first official visit to Dubai this week 22 Feb 2016 - 01:18 am

Dubai: The Managing Director of the International Monetary Fund (IMF), Christine Lagarde (pictured), will be on her first official visit to the United...

Nakilat’s full-year profit grows 10% to QR984m 21 Feb 2016 - 02:34 am

DOHA: The Qatar Gas Transport Company Ltd (Nakilat), the shipping arm of Qatar’s liquefied natural gas (LNG) sector recorded an underlying net profit...

QP honours long-serving employees 21 Feb 2016 - 02:33 am

QP President & CEO Saad Sherida Al Kaabi honouring an employee. DOHA: Qatar Petroleum (QP) held the first part of its annual Continuous...

Hotel rooms in Qatar became cheaper in 2015 21 Feb 2016 - 02:32 am

By Sachin Kumar DOHA: Staying in hotel rooms in Doha became cheaper during the last quarter of last year as hotel average room...

GDI & Dolphin Energy sign deal for drilling services 21 Feb 2016 - 02:31 am

Mubarak A Al Hajri (left), Managing Director & Chief Executive Officer of GDI, and Hassan Al Emadi, General Manager, Dolphin Energy – Qatar,...

Central banks can cut rates much below zero: QNB 21 Feb 2016 - 02:30 am

DOHA: The central banks have the potential to cut rates much further below zero. The question remains whether they want to do this,...

GCC insurance sector faces pricing pressures 20 Feb 2016 - 12:59 am

DOHA: Pricing pressures and regulatory hurdles are the two most significant challenges the region’s insurance market will have to face in 2016. The...