Business / Qatar Business

Commercial Bank eyes growth in Turkey 08 Oct 2013 - 01:22 am

Officials of Commercial Bank and ABank during the event in Turkey. Doha: Following the acquisition of a 70.84 percent stake in Turkey’s Alternatifbank...

World urged to ready defences over US crisis 08 Oct 2013 - 01:22 am

LONDON: The global community should fear the worst over the US debt crisis and shore up its economic defences accordingly, South Africa’s finance...

Nakilat records QR572.5m profits in nine months 08 Oct 2013 - 01:22 am

DOHA: Qatar Gas Transport Company’s (Nakilat) total profits from operations for nine months period ended September 30, 2013 reached QR572.5m compared with QR561.6m...

UDC wins BIZZ 2013 award from Worldcob 08 Oct 2013 - 01:19 am

Hamad Al Nuaimi with the award. Doha: United Development Company (UDC) has won The BIZZ 2013 Award under the “Inspirational Company” category from...

Qatar banks to extend loan loss provisions in Q3 07 Oct 2013 - 02:57 am

DOHA: After recording a high 63.3 percent increase (quarter-on-quarter) in their provision expenses in the second quarter of 2013, Qatar-based banks are projected...

Muntajat launches its global arm in The Hague 07 Oct 2013 - 02:56 am

DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has announced the launch of its global arm in Hague. From the city...

Qatar Businesswomen, IBN global forum from November 11 07 Oct 2013 - 02:56 am

DOHA: The Qatari Business Women Association, in collaboration with Interactive Business Network (IBN), will host the fourth annual Qatar International Business Women Forum...

Doha Bank general assembly to decide on capital raise 07 Oct 2013 - 02:54 am

DOHA: The Board of Directors of Doha Bank yesterday decided to submit its proposal regarding the issuance of Tier 1 capital to the...

Yussaffali tops Arabian Business Indian Power List 07 Oct 2013 - 02:52 am

Doha: EMKE Group chief Yusuffali MA (pictured) has topped the Arabian Business Indian Power List for the fourth successive year. Published yesterday, the...

Qatari bourse index loses 29.53 points 07 Oct 2013 - 01:15 am

Doha: Qatar Exchange index slipped by 29.53 points, or 0.30 percent, to 9,731.50 points from the previous closing of 9,761.03 points. The volume...

Weekly Commodity Update: Shutdown spooks commodities at a time of rising supply 07 Oct 2013 - 12:47 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) The ongoing risk to the US and possibly also the global economy from the...

Arbitration law on the anvil 06 Oct 2013 - 01:13 am

Sheikh Khalifa bin Jassim bin Mohamed Al Thani and Sheikh Thani bin Ali bin Saud Al Thani posing with participants at the end...

Maersk Oil Qatar signs two contracts with GDI 06 Oct 2013 - 01:12 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada posing for a picture with other officials. DOHA: Maersk...

International Islamic wins Best Islamic Bank award 06 Oct 2013 - 01:10 am

International Islamic Deputy CEO Jamal Abdullah Al Jamal receiving the award. DOHA: International Islamic (QIIB) has won the “Best Islamic Bank in Qatar...

Qatar’s economy maintains strong growth 06 Oct 2013 - 01:09 am

Doha: Qatar’s economy continued to maintain its strong growth momentum in the second quarter of 2013, according to QNB Group. Qatar’s real GDP...

Barzan Gas Project’s offshore topsides sail into Qatar 06 Oct 2013 - 01:08 am

The three Barzan wellhead platforms are the twelfth, thirteenth and fourteenth to be built and installed by RasGas. Doha: RasGas Company Ltd (RasGas)...

Qatar Exchange Roundup: Qatar stocks rebound on positive sentiment 06 Oct 2013 - 12:59 am

By Basher Kahloot A recovery in investor confidence lifted QE’s benchmark index to 180 points last week. The market capitalisation grew by nearly...

IMF forecasts 4.4pc growth for GCC in ’14 06 Oct 2013 - 12:58 am

DOHA: International Monetary Fund (IMF) has asked the GCC countries to push for further reforms and ensure a stronger growth in the region....