Business / Qatar Business

Fitch: No rating impact on Nakilat’s transition 28 Oct 2016 - 01:08 am

DOHA: Fitch Ratings yesterday said there will be no rating impact from Nakilat’s transition to in-house vessel management. “Ratings on Nakilat’s senior and...

MPHC declares QR716m net profit 26 Oct 2016 - 11:22 pm

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

QBA hosts Pakistan President 26 Oct 2016 - 11:22 pm

The visiting President of Pakistan Mamnoon Hussain (centre) with Qatar Businessmen Association (QBA) Chairman Sheikh Faisal bin Qassim Al Thani (sixth left),board members...

QFB revenue surges by 39%; net profit at QR3.4m 26 Oct 2016 - 11:18 pm

DOHA: Qatar First Bank (QFB), the leading Shari’ah compliant bank, recorded a revenue of QR491m for the third quarter of 2016 (Q3, 16),...

Vodafone Qatar announces new board members 26 Oct 2016 - 11:15 pm

DOHA: Vodafone Qatar yesterday announced its new board structure with Abdullah bin Nasser Al Misnad appointed as the Chairman by the Board effective...

Real estate weekly deals reach QR628m: Ezdan 26 Oct 2016 - 11:13 pm

DOHA: A deal worth QR140m for a multi-use building in Najma area pushed the value of real estate transactions by 1.5 percent last...

QFBA to host final of 2016-2017 edition of ‘Global Management Challenge’ in Doha 26 Oct 2016 - 11:12 pm

DOHA: For the first time ever in the GCC and the Arab World, Qatar Finance and Business Academy (QFBA), in association with Adnar...

Rail operators and contractors should focus on meeting deadline: MEED 26 Oct 2016 - 11:11 pm

DOHA: Delivering projects on time and budget is expected to be the main focus of most rail operators and contractors over the medium-term...

QIB to sponsor information security conference for financial institutions 26 Oct 2016 - 11:09 pm

DOHA: Qatar Islamic Bank (QIB) has announced that it is sponsoring the Third Annual Conference for Information Security in Financial Institutions. The conference,...

Avanzcare and Mindray sign new distribution agreement 26 Oct 2016 - 11:09 pm

DOHA: Avanzcare, the medical arm of Al Sawari Holding, and Mindray, a global provider of medical devices, announced a new distribution agreement yesterday....

Nakilat holds shipping forum in London 26 Oct 2016 - 11:07 pm

DOHA: Owners of shipping companies shared ideas and their experience related to shipping operations in Qatar Project Shipping Forum (QPSF) organised in London...

QR8.8bn trade surplus in September 26 Oct 2016 - 11:06 pm

DOHA: Qatar’s Foreign Merchandise trade balance, which represents the difference between total exports and imports, reached a surplus of QR8.8bn in September 2016...

Aamal’s net profit jumps 15.5% 26 Oct 2016 - 11:00 pm

DOHA: Aamal Company (Aamal), one of the fastest growing diversified companies in GCC, recorded a net profit of QR423.7m for the nine months...

GIS nine-month net profit at QR189m 26 Oct 2016 - 10:59 pm

DOHA: Gulf International Services (GIS), the largest services group in Qatar, with interests in a broad cross-section of industries, ranging from insurance, re-insurance,...

FDI in GCC countries reaches $431bn in 2015 26 Oct 2016 - 03:33 am

DOHA: Foreign Direct Investments (FDIs) in GCC countries have increased manifold in the last 15 years. The FDI in the region has increased...

UDC third quarter revenues rise to QR1.3bn 26 Oct 2016 - 03:31 am

DOHA: Qatar’s leading developer United Development Company’s (UDC) revenues rose by 7 percent to QR1.3bn for the third quarter ended September 2016. The...

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...