Business / Qatar Business

Qatar should focus on cost overruns: IMF 09 Mar 2014 - 12:48 am

By Satish Kanady DOHA: Given Qatar’s commitment to a deadline set for the launch of huge development projects ahead of the 2022 FIFA...

Qatar’s inflation rate to remain at 3-4pc: IMF 09 Mar 2014 - 12:48 am

DOHA: Qatar’s GDP growth could stay around 6 percent in 2014 as the pickup in the public investment programme is roughly offset by...

Deflation risk may keep interest rates low: QNB 09 Mar 2014 - 12:29 am

Doha: In the eurozone and the US, inflation remains dangerously low and well below the two percent central bank targets, the weekly analysis...

QPI, GEK Terna celebrate partnership 08 Mar 2014 - 01:14 am

From the left: Asimakis Papageorgiou, Yousef Fakhroo, Abdulaziz Al Juwari, George Persiteris and Dr Theodore Theodoropoulos at the meeting. DOHA: GEK Terna Group...

GDI doubles assets in three years 07 Mar 2014 - 12:34 am

Doha: Gulf Drilling International (GDI), a subsidiary of Qatar’s largest service group Gulf International Services, has doubled its operations from nine to 18...

Qatar banks record strong growth in GCC 06 Mar 2014 - 01:30 am

DOHA: Banks in Qatar recorded the highest year-on-year growth of 21.3 percent in loan books in the fourth quarter of 2014 (4Q13) in...

UDC, IPRA-GC in deal 06 Mar 2014 - 01:25 am

The Director of Central Authority Directorate at The Pearl Qatar (TPQ), Abdul Rahim Al Ibrahim (left); and the Vice President of Gulf Chapter...

Hilton Worldwide plans expansion in Qatar 06 Mar 2014 - 01:25 am

The officials of the Hilton Worldwide. DOHA: Hilton Worldwide, a leading global hospitality company, yesterday announced expansion plans in Qatar with the signing...

Qatar Steel signs iron ore pellets deal with Vale 06 Mar 2014 - 01:23 am

Jose Martins (left) and Ali bin Hassan Al Muraikhi signing the agreement. Doha: Qatar Steel yesterday announced it has signed an iron ore...

Italian Chamber opens in Qatar 06 Mar 2014 - 01:22 am

Qatari Business Association Chairman Sheikh Faisal bin Qassim Al Thani ( fourth left), Msheireb Properties Board Member Salah Al Jaidah (third right), Italian...

Sharaka Holdings opens Design Lounge 06 Mar 2014 - 01:20 am

Roberta Giorgetti (left) and Christopher Guy. Doha: Sharaka Holdings yesterday announced the opening of their Design Lounge showroom which will help the customers...

Qatar Cool to open third plant in West Bay 06 Mar 2014 - 01:07 am

DOHA: Qatar Cool, the leading provider of district cooling services in the country, will open its third plant in West Bay, with a...

Woqod gets new chairman 05 Mar 2014 - 12:56 am

H E Abdullah bin Hamad Al Attiyah (right) with Mohamed Khalifa Turki Al Sobai at the annual general meeting of Woqod yesterday.Abdul Basit...

Ooredoo Group posts QR33.9bn revenue in 2013 05 Mar 2014 - 12:56 am

DOHA: Ooredoo’s Group revenue increased 1.1 percent to QR33.9bn for the full-year 2013. Net profit attributable to Ooredoo shareholders for the year was...

Wadhwa Group in Qatar to promote new projects 05 Mar 2014 - 12:53 am

Wadhwa Group officials with an award. Doha: Representatives of premium real developers from India, The Wadhwa Group, are in Qatar to promote their...

Moody’s sees oil at $90 by 2020 05 Mar 2014 - 12:50 am

DOHA: Oil price scenario for the period until 2020 anticipates a gentle decline to $90 a barrel. Given the budgetary pressures are already...

Weekly Commodity Update: Uncertainty surrounding the pace of tapering process 04 Mar 2014 - 10:50 pm

By Ole S Hansen (Senior Client Advisor) Last week, the Dollar Index posted its worst monthly performance since five months, reaching a low...

Doha Bank eyes acquisition of foreign bank branches in India 04 Mar 2014 - 01:15 am

Doha Bank Chairman Sheikh Fahad bin Mohammad bin Jabor Al Thani (left) and Managing Director Sheikh Abdul Rehman bin Mohammad bin Jabor Al...