Business / Qatar Business

RasGas celebrates another record 06 May 2014 - 01:21 am

DOHA: RasGas Company Ltd (RasGas) recently celebrated an unprecedented record of 130 million manhours lost time injury (LTI) free at Ras Laffan Industrial...

UBL officials attend ISO meet 06 May 2014 - 01:21 am

From left: Ankita Das, Dr Sunil Manjarekar of Sanbook Quality, Dubai, Shahid Amin Sheikh, General Manager, UBL, Andrew P Kenneth, Head of Service...

Starwood to open 35 hotels in Mideast 06 May 2014 - 12:58 am

Doha: Starwood Hotels & Resorts Worldwide Inc yesterday announced that it would open 35 hotels in the Middle East in the next three...

QE launches NY, London roadshows 05 May 2014 - 01:03 am

DOHA: Qatar Exchange (QE), in collaboration with QNB Financial Services commenced a week-long roadshow to support QE listed companies’ investor relations, ahead of...

Project Qatar to draw huge global crowd 05 May 2014 - 01:01 am

Officials giving details of the upcoming Project Qatar 2014 at a press conference held in Doha yesterday. Doha: Global companies are bullish on...

Cityscape Qatar to focus on retail market 05 May 2014 - 12:44 am

DOHA: Driven by the strong growth of Qatar’s economy and population figures, the retail market witnessed an unprecedented 14 percent growth in 2012...

QP takes part in Petroleum Environmental Research meet 05 May 2014 - 12:43 am

DOHA: Qatar Petroleum (QP) participated in the Petroleum Environmental Research Forum (PERF) biannual meeting that was held recently at the Qatar Science and...

Weekly Money Market Review with IBQ: Disappointing US data pushes dollar down 04 May 2014 - 11:38 pm

Last week, the United States Federal Reserve reduced its Quantitative Easing programme by $10bn. This marks the fourth cut since December, reducing the...

QE expects at least nine firms to be on MSCI list 04 May 2014 - 03:33 am

DOHA: The international index compiler MSCI will announce the names of Qatari companies to be qualified for its Emerging Market list on May...

Land deals continue to drive real estate sector 04 May 2014 - 03:13 am

DOHA: Land sales continue to dominate movement in Doha’s real estate sector, representing approximately 77 percent of all property transactions in the last...

US economy on tough recovery path, says QNB 04 May 2014 - 02:58 am

Doha: The US economy remains balanced on a tight rope between higher growth and tighter policies and this was reflected in the GDP...

Porsche posts increase in revenue and operating profit 04 May 2014 - 02:58 am

DOHA: Porsche AG has started off the year and continues to step up its deliveries, revenue and operating profit in the first three...

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...