Business / Qatar Business

Economy strong: QIF 28 Jan 2015 - 01:28 am

DOHA: A sustained oil price downturn is likely to result in considerable capital expenditure downsizing of strategic projects in the GCC. Given the...

No change in spending despite oil fall: Minister 28 Jan 2015 - 01:05 am

The Minister of Finance H E Ali Sherif Al Emadi (right) and QCB Governor H E Sheikh Abdullah bin Saud Al Thani at...

International Islamic wins Best Bank in Qatar Award 27 Jan 2015 - 12:23 am

Ehab Eshehawi receiving the award from Chafic Haddad. DOHA: International Islamic (QIIB) won Citibank New York’s “Best Bank in Qatar Award” for its...

GDI signs deal with GLB for liftboat services 27 Jan 2015 - 12:22 am

Ibrahim J Al Othman (left) and Hans Simons during the signing ceremony. DOHA: Gulf Drilling International Limited (GDI), a subsidiary of Gulf International...

Qatar may build 2nd LNG terminal in Italy 27 Jan 2015 - 12:14 am

Mohammed bin Ahmed bin Tawar Al Kuwari, (fifth right) Vice-Chairman of the Qatar Chamber, Guido De Sanctis, Italian Ambassador, (third left) Andrea Ferrari,...

Masraf Al Rayan posts QR2bn net profit 27 Jan 2015 - 12:13 am

DOHA: Masraf Al Rayan recorded a solid net profit of QR2bn for the full-year 2014, reflecting a 17.6 percent increase compared to 2013....

QInvest, Masraf Al Rayan announce investment funds 27 Jan 2015 - 12:12 am

Neal Jenkins; Tamim Hamad Al Kawari and Dr Ataf Ahmed By Satish Kanady DOHA: Two Qatar-based banks yesterday announced their respective decisions to...

QP, QPI merger aimed at expanding growth 27 Jan 2015 - 12:10 am

DOHA: Qatar Petroleum (QP) yesterday formally announced its board of directors’ decision to integrate Qatar Petroleum International (QPI), within QP, in an effort...

Qatar bourse index loses 11.41 points 27 Jan 2015 - 12:03 am

Doha/Dubai: Qatar Exchange index lost 11.41 points, or 0.10 percent, as it closed at 11,836.07 points yesterday down from the previous closing of...

QCB real estate price index indicates pullback 26 Jan 2015 - 12:29 am

By Satish Kanady DOHA: Qatar’s real estate price value gains have softened a bit in December 2014 compared to the previous month. Qatar...

Minister to head QE’s new board 26 Jan 2015 - 12:27 am

Minister Sheikh Ahmed (left) and CEO Al Mansoori. DOHA: The Board of Directors of Qatar Exchange (QE) was restructured and a nine-member board...

QNB, QBWA sign MoU for better business cooperation 26 Jan 2015 - 12:27 am

Officials exchanging the MoU yesterday. DOHA: QNB and the Qatari Businesswomen Association (QBWA) signed yesterday a Memorandum of Understanding. The MoU will focus...

QEWC reports 11pc rise in 2014 profit 26 Jan 2015 - 12:23 am

DOHA: The Qatar Electricity and Water Company (QEWC) yesterday reported a net profit of QR1.53bn ($420m) (net of non-controlling interests) for the year...

Non-hydrocarbon sector to grow 11.9pc in 2015 26 Jan 2015 - 12:22 am

DOHA: Qatar’s non-hydrocarbon sector GDP will continue to be robust and is expected to grow by 11.9 percent in 2015. Construction activities and...

AAB opens new service centre 25 Jan 2015 - 03:49 am

Osama Abdullah Abdulghani Al Abdulghani, Chairman of Abdullah Abdulghani & Bros. Co inaugurating the new service centre in the presence of Norihiro Yoshida,...

QIB gets awards for SME plan and co-branded credit card 25 Jan 2015 - 03:47 am

DOHA: Qatar Islamic Bank (QIB) has received two awards from Global Banking & Finance Review. QIB has been voted “Best SME Islamic Finance...

Business heads eye expansions in Qatar 25 Jan 2015 - 02:33 am

H E Sheikh Ahmed bin Jassim Al Thani (left), the Minister of Economy and Commerce, meeting a corporate chief and others on the...

Qatar can weather oil price fall: PwC 22 Jan 2015 - 02:45 am

By Satish Kanady DOHA: Qatar is one of the best placed GCC countries to weather the current fall in oil prices. However, to...