Business / Qatar Business

Weekly Commodity Update : Crude oil could fall further 26 Oct 2014 - 11:47 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global stock markets have recovered strongly from the panic last week, while dollar...

GCC finance ministers, central bank chiefs meet to discuss joint strategy 26 Oct 2014 - 01:17 am

Qatar Central Bank Governor H E Sheikh Abdulla Saud Al Thani (left) and Finance Minister H E Ali Sheriff Al Emadi take part...

GWC posts 36.8pc rise in Q3 profit 26 Oct 2014 - 01:13 am

A worker at the Gulf Warehousing Company. DOHA: Gulf Warehousing Company (GWC) yesterday reported a net profit of QR102.4m ($28.1m) for the third...

Qatargas sells LNG cargo to China’s Jovo 26 Oct 2014 - 12:57 am

Vessel LNG Lerici at Ras Laffan port. DOHA: Qatargas sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and...

Qatar’s real estate transaction value hits QR37.2bn 26 Oct 2014 - 12:43 am

DOHA: Qatar’s overall real estate transaction value during the first nine months of 2014 rose by 15.2 percent to QR37.2bn, compared to QR32.3bn...

Nakilat’s nine-month profit grows by 25pc 26 Oct 2014 - 12:41 am

DOHA: Qatar Gas Transport Company Ltd (Nakilat) recorded a net profit of QR693m for the first nine months of 2014, up 25 percent...

China’s stimulus measures good for global economy: QNB Group 26 Oct 2014 - 12:37 am

Doha: China’s latest stimulus measures seem to have been enough to avoid a hard landing, says a weekly report by the QNB Group...

Bestway Group completes Co-operative’s pharma buyout 26 Oct 2014 - 12:36 am

Doha: Bestway Group has taken formal control of the Co-operative Group’s pharmacy business. This follows July’s announcement of the £620m deal. The Group...

Qafco initiates pilot plant for diversification 24 Oct 2014 - 04:15 am

Qafco CEO Khalifa A Al Sowaidi and NIIK President and CEO Igor Esin shake hands after signing the contract. DOHA: Qafco and NIIK...

Qatar accounts for 45pc Mideast outbound M&A 23 Oct 2014 - 01:16 am

DOHA: Qatar’s overseas acquisitions accounted for 45 percent of Middle Eastern outbound Mergers and Acquisitions (M&A) activity during the first nine months of...

Inflation rate expected to touch 5.5pc 23 Oct 2014 - 01:13 am

Shady Shaher, (right) and Marios Maratheftis during the Global Research Media Briefing yesterday. Kammutty VP BY MOHAMMAD SHOEB DOHA: Qatar’s inflation rate in...

QP hosts team from Kuwait Oil Company 23 Oct 2014 - 01:10 am

Doha: Qatar Petroleum (QP) recently hosted a delegation from Kuwait Oil Company (KOC) who visited Qatar to gain insights on QP’s marine activities...

Qatar Islamic Insurance net profit grows by 22 percent 23 Oct 2014 - 01:04 am

DOHA: Qatar Islamic Insurance’s net profit attributable to the shareholders stood at QR61,884 for the third quarter ended September 2014, up 22 percent...

QIC registers QR780m profit for 9 months 23 Oct 2014 - 01:02 am

DOHA: The Qatar Insurance Company (QIC) recorded QR780m net profit, after excluding minority shares, for nine months ended September 2014 reflecting an increase...

Qatar Petroleum hosts farewell for ex-director 22 Oct 2014 - 11:49 pm

Al Kaabi presenting a Certificate of Appreciation to Brigadier Al Ansari. Doha: Saad Sherida Al Kaabi, Managing Director of Qatar Petroleum (QP), honoured...

Ezdan Holding launches media campaign 22 Oct 2014 - 11:48 pm

DOHA: Ezdan Holding Group has launched a wide-ranging media campaign to promote its array of investments in various key sectors in Qatar. The...

QR141.7m net profit for QIMC 22 Oct 2014 - 11:47 pm

Doha: Qatar Industrial Manufacturing Company (QIMC) has announced its quarterly financial results for the third quarter of 2014. It has achieved a net...

Qatar stocks rise on solid earnings 22 Oct 2014 - 07:41 am

DOHA: Qatar stocks staged a relief rally yesterday, after shedding 6.43 percent in the past week. Analysts noted the rally was triggered by...