Business / Qatar Business

QEWC posts 11pc increase in net profit 12 Oct 2014 - 11:58 pm

Doha: The Board of Directors of Qatar Electricity and Water Company (QEWC) approved yesterday the financial results for 9 months period ended September ...

GCC inflation ranges between 0.63pc and 3.1pc in July 12 Oct 2014 - 11:58 pm

DOHA: Consumer prices in the GCC region witnessed an overall increase over the 12-month period through July 2014. Within the GCC member states,...

Weekly Commodity Update : Gold shines again as Opec faces oil glut 12 Oct 2014 - 11:53 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global growth fears remain one of the key drivers of financial markets at...

Qatar seeks IMF help for development strategy 12 Oct 2014 - 01:33 am

European Central Bank Governor Mario Draghi (left) and Britain’s Chancellor of the Exchequer George Osborne speak before a meeting of the International Monetary...

Qatar is Germany’s most important Arab investor 12 Oct 2014 - 01:32 am

German Ambassador to Qatar, Angelika Storz-Chakarji BY MOHAMMAD SHOEB DOHA: With huge trade and investment relations with Germany, Qatar has been accorded as...

New S-Class Coupé hits roads 12 Oct 2014 - 01:31 am

Sheikh Nawaf bin Nasser bin Khaled Al Thani, Chairman and CEO of NBK companies, in the new S-Class Coupé. Doha: Nasser Bin Khaled ...

Most IT buyers rely on social media 12 Oct 2014 - 01:30 am

DOHA: About 94 percent of Middle East IT buyers rely on social media to aid purchase decision, revealed a study that seeks to...

AIH Talent Recognition Ceremony 12 Oct 2014 - 01:29 am

Abu Issa Holding (AIH), a leading business group in Qatar that operates in various sectors including retail, distribution, telecommunications, IT, marketing, investment and...

IMF warns global economy at risk 12 Oct 2014 - 01:20 am

WASHINGTON: The International Monetary Fund’s member countries yesterday said bold action was needed to bolster the global economic recovery, and they urged governments...

Qatari investors acquire €125m properties’ portfolio in Greece 12 Oct 2014 - 01:18 am

DOHA: Investors from Qatar acquired a portfolio of commercial properties worth a total of €125m, in Greece. The portfolio comprises a package of...

Muntajat BV to open 10 new global offices 12 Oct 2014 - 01:18 am

DOHA: Muntajat BV, a wholly-owned subsidiary of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), has announced the opening of 10 new...

Nigeria presents huge opportunities for foreign investors: QNB 12 Oct 2014 - 01:17 am

Doha: Nigeria’s economy presents major opportunities for foreign investors, said the weekly report by the QNB Group yesterday. A July 2014 McKinsey report...

Q3 corporate earnings to grow by 14.1pc 10 Oct 2014 - 05:40 am

DOHA: Qatar listed companies’ net profit is estimated to grow by 14.1 percent for the third quarter of 2014 (Q3, 2014) on year-on-year...

Qatar’s bank credits increase by 13.1pc 09 Oct 2014 - 03:10 am

By Satish Kanady DOHA: The overall credit facilities by Qatar banks increased 13.1 percent to QR575.4bn year-on-year at the end of 2013.Among other...

Infosys founders moving out 09 Oct 2014 - 03:06 am

FROM LEFT: Founders of Indian IT firm Infosys Technology Nandan Nilekani, K Dinesh, S D Shibulal, N S Raghavan, N R Narayana Murthy...

Yusuff Ali to invest $85m in East India Company 09 Oct 2014 - 02:37 am

Yusuff Ali MA (sitting-left) and Sanjiv Mehta, Chairman of East India Company along with Ranjan Mathai, Indian High Commissioner to the UK, Abdul...

Infiniti unveils Q80 Inspiration 09 Oct 2014 - 02:31 am

Doha: Infiniti signals a clear intent to break into the top tier of the premium sedan category with the eye-catching Q80 Inspiration concept...

Weekly Commodity Update: Energy plunge continues as supply weighs 08 Oct 2014 - 09:05 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Commodity markets remain on the defensive with rising supply in many key commodities...