Business / Qatar Business

Mazaya Qatar and Mackeen Holding agree to merge 03 Feb 2014 - 06:53 am

Doha: Qatar Exchange (QE) listed firm Mazaya Qatar Real Estate Development Company and Mackeen Holding, a Qatari shareholding company, have announced their plan...

Porsche Mideast sales rise by 26pc 03 Feb 2014 - 06:51 am

Dubai: Porsche Middle East and Africa FZE has revealed a record year of regional sales with figures up more than 26 percent compared...

Qatari bourse index adds 18.24 points 03 Feb 2014 - 06:50 am

Doha: Qatar Exchange index added 18.24 points, or 0.16 percent, to advance to 11,173.97 points from 11,155.73 on Thursday. The volume of the...

Weekly Money Market Review with IBQ: Turbulence in emerging market continues 03 Feb 2014 - 06:46 am

Last week ended with a risk off tone as the US dollar and the yen have rallying while for once the euro and...

Weekly Commodity Update : Commodities weaken on market turmoil, dollar strength 03 Feb 2014 - 06:45 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities moved lower during the course of the week as the diverging outlook between...

GCI deals drive QNB’s profit growth 03 Feb 2014 - 02:20 am

The Chairman of Qatar National Bank (QNB), H E Ali Sherif Al Emadi (centre), addressing the QNB Group Ordinary General Assembly at the...

QBA ready to support Cypriot companies 02 Feb 2014 - 01:56 am

Sheikh Faisal bin Qassim Al Thani, the Chairman of Qatari Businessmen’s Association (QBA), presenting a memento to Nicos Anastasiades, the President of the...

QE tapering hits emerging markets 02 Feb 2014 - 01:52 am

Doha: Since the announcement by the US Federal Reserve (Fed) of the gradual reduction of its asset-purchasing programme — the so-called tapering of...

Malabar Gold opens Grand Mall outlet 02 Feb 2014 - 01:52 am

Officials at the opening ceremony of the outlet in Grand Mall. DOHA: Malabar Gold & Diamonds, the leading jewellery retailer, opened yet another...

Qatari stocks expected to move higher 31 Jan 2014 - 11:37 pm

DOHA: After falling sharply over the past few sessions, Qatari stocks are expected to move higher in the coming weeks. With the Mesaieed...

Ooredoo, Telenor hail Myanmar telecom licence deal as milestone 31 Jan 2014 - 06:12 am

YANGON: Norway’s Telenor and Qatari firm Ooredoo yesterday hailed a “milestone” for Myanmar after finalising telecoms licences expected to dramatically increase mobile phone...

Correction pushes Qatari stocks down 31 Jan 2014 - 02:44 am

Rashid Al Mansouri, CEO of Qatar Exchange. DOHA: A correction pushed Qatari stocks down yesterday, with stock analysts suggesting that the successful completion...

Qatari banks focus on debt securities 30 Jan 2014 - 09:15 am

By Satish Kanady DOHA: Qatari banks are increasingly reducing their reliance on the short-term interbank funds and focusing more on issuance of debt...

Whirlpool ties up with Tadmur for home appliance distribution 30 Jan 2014 - 09:10 am

From left: The General Manager of Tadmur Trading, Raed Halawa, General Manager for Middle and Africa (MEA), Whirlpool Corporation, Lorenzo Milani; Senior Commercial...

QPI takes 23pc stake in Shell’s Brazil oilfield 30 Jan 2014 - 08:38 am

DOHA: Qatar Petroleum International (QPI) has entered into an agreement with oil major Royal Dutch Shell to buy 23 percent stake in the...

Vodafone posts QR1.43bn revenue for nine months 30 Jan 2014 - 08:36 am

DOHA: Vodafone Qatar’s total revenue for the nine months ended in December 2013 reached QR1.43bn, up 31 percent compared to the same period...

QE ends losing streak, adds 73.10 points 30 Jan 2014 - 08:33 am

Doha: Qatar Exchange index ended its losing streak yesterday adding 73.10 points, or 0.65 percent to advance to 11,243.35 points from 11,170.25 on...

Nakilat signs $669m financing deal with Qatar National Bank 30 Jan 2014 - 02:34 am

Officials exchanging documents during the signing ceremony. DOHA: Nakilat, Qatar’s premier gas transporter, has secured a $669m facility from QNB Group for the...