Business / Qatar Business

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...

Hussain Ali Al Abdulla re-elected chairman of Masraf Al Rayan 04 Mar 2014 - 01:13 am

New board members of Masraf Al Rayan after the ordinary general assembly. DOHA: The newly-elected board of directors of Masraf Al Rayan has...

QP participates in Offshore Arabia 2014 04 Mar 2014 - 01:10 am

The Qatar Petroleum delegation at the stand. Doha: Qatar Petroleum (QP) is taking part in the 8th Offshore Arabia 2014 Conference and Exhibition,...

Mideast markets tumble, QE index down 0.92pc 04 Mar 2014 - 12:54 am

Doha: Middle East stock markets slid yesterday as a heightened threat of conflict between Ukraine and Russia triggered widespread selling, despite the benefit...

Muntajat opens five international marketing units 04 Mar 2014 - 12:53 am

DOHA: Muntajat BV, the international marketing arm of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has recently announced the opening of...

Qatar, UAE markets gain strength 04 Mar 2014 - 12:52 am

DOHA: GCC equities got off to a flying start in the first two months of 2014, with Qatar and the UAE markets showing...

Weekly Commodity Update: March unlikely to repeat February’s surge in commodities 04 Mar 2014 - 12:48 am

February was a strong month for commodities, with the broad-based DJ-UBS Commodity index returning more than 5 percent. This was more than the...

Fixed deposits up 30pc, savings grow by 19pc 03 Mar 2014 - 01:18 am

BY SACHIN KUMAR Doha: Individuals in Qatar preferred to keep their money in fixed deposits (FDs) than saving deposits in 2013. Fixed deposits...

Mannai recommends 55pc cash dividend 03 Mar 2014 - 01:10 am

Doha: The board of directors of Mannai Corporation has recommended a cash dividend of 55 percent to shareholders, that is, QR5.5 per each...

Siemens bags $253m contract from Kahramaa 03 Mar 2014 - 01:01 am

Doha: Siemens, the German technology giant, has bagged a QR920m ($253m) contract from the Qatar General Electricity and Water Corporation (Kahramaa) for construction...

Hiring expectation high in non-hydrocarbons 02 Mar 2014 - 02:15 am

Sheikh Mohammad bin Faisal bin Qassim Al Thani (centre) and Yousef M Al Jaida of Qatar Financial Centre (left) with Sara Abdullah of...

Air Arabia starts new Egypt flights 02 Mar 2014 - 02:11 am

Senior officials celebrate the launch of Air Arabia’s flights. Doha: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier,...