Business / Qatar Business

Real estate stocks surge on budget cues 02 May 2014 - 12:14 am

By Satish Kanady DOHA: Taking a cue from Qatar’s big number budget announcements, the country’s listed real estate companies made a stunning performance...

Mashreq net profit jumps 35pc 01 May 2014 - 10:18 pm

DOHA: Mashreq, one of the UAE’s leading financial institutions which has operations in Qatar has announced strong first quarter results reporting 35 percent...

Ooredoo Q1 net profit up 9.7pc to QR887m 01 May 2014 - 07:12 am

DOHA: Ooredoo QSC’s net profit increased 9.7 percent to QR887m for the first quarter of 2014 on year-on-year. The Group’s revenue decreased 3.4...

Qatari fund buys UK’s Heritage Oil for $1.6bn 01 May 2014 - 07:06 am

LONDON: British oil company Heritage Oil agreed a £924m ($1.6bn) takeover offer from a Qatari fund, Al Mirqab Capital. Heritage, whose main oil...

QE index adds 50.64 points 01 May 2014 - 07:06 am

Doha: Qatar Exchange closed in the green area yesterday by adding 50.64 points more to advance to 12,677.59 points from 12,626.95 on Tuesday,...

Barwa Real Estate posts QR266m net profit in Q1 01 May 2014 - 07:05 am

DOHA: Barwa Real Estate Group delivered a net profit of QR266m with QR0.68 per share, compared to QR158m and QR0.41 profit per share...

Consumer demand rise must for China growth 01 May 2014 - 07:04 am

Doha: China is undergoing a fundamental shift in its economic structure. For the last 30 years, the Chinese economy has been driven by...

Fitch upgrades Al Khalij rating 01 May 2014 - 07:04 am

DOHA: Al Khalij Commercial Bank (al khaliji) announced that Fitch Ratings has upgraded its long-term issuer default rating (IDR) to ‘A’ from ‘A-’....

Business-to-business matchmaking zone open at QITCOM 2014 01 May 2014 - 07:03 am

Doha: The Organising Committee of Qatar ICT Conference and Exhibition (QITCOM 2014), which is set to be held at the Qatar National Convention...

Qatar research community prepares for supercomputing 01 May 2014 - 04:46 am

Doha: Qatar Foundation Research and Development (QF R&D) yesterday gathered experts at the inaugural National Computing Infrastructure for Research (NCIR) User Forum in...

Businesswoman blasts Qatar Chamber for bias 01 May 2014 - 03:44 am

Suhaila Rabia Hareb. Kammutty VP By MOHAMED OSMAN DOHA: A Qatari businesswoman says she was not allowed to contest the upcoming May 12...

Milaha’s first quarter net profit touches QR349m 30 Apr 2014 - 07:56 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR349m for the first quarter of 2014, up 1 percent, compared with QR345m posted...

Malabar Gold opens 115th outlet in Oman 30 Apr 2014 - 07:55 am

Bollywood actress Karisma Kapoor and Ambasador, Moosa Hamdan Al Taei, Chief of International Cooperation Department, the Ministry of Foreign Affairs, Sultanate of Oman,...

Qatari Diar to develop Malaysian resort 30 Apr 2014 - 07:54 am

Officials attending the ceremony. DOHA: Qatari Diar Real Estate Investment Company is bringing its flair, expertise and creativity to Malaysia by embarking on...

Aamal net profit up 56.2pc to QR88.7m 30 Apr 2014 - 07:48 am

DOHA: Aamal Company, one of the GCC’s fastest growing diversified companies, recorded a net profit of QR88.7m for the first quarter of 2014,...

Woqod profit up 12.3pc 30 Apr 2014 - 07:48 am

DOHA: Qatar Fuel’s (Woqod) net profit touched QR229.3m in the first quarter of 2014, up 12.3 percent compared to QR204.1m for the same...

Al Sada meets Swaziland Energy Minister 30 Apr 2014 - 07:47 am

DOHA: H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, received Jabulile Mashwama, the Minister of Natural Resources...

QNET to ensure ethical distributor practices 30 Apr 2014 - 07:47 am

Doha: Prominent direct selling company QNET is launching new initiatives in the region to provide people a better understanding of exactly what direct...