Business / Qatar Business

Qatar bourse index rises by 0.08 percent 31 Dec 2013 - 09:52 am

Doha: Qatar Exchange ended in the green yesterday adding 8.18 points or 0.08 percent to 10,368.20 points from 10,360.02 on Sunday. Among the...

Fixed deposits of Qatar banks surge by 71pc 30 Dec 2013 - 10:01 am

by Sachin Kumar Doha: Fixed deposits of banks in Qatar have surged 71 percent in the last five years reflecting that individuals turned...

QPI gets $246m finance facility from Barwa Bank and Doha Bank 30 Dec 2013 - 10:00 am

DOHA: Doha Bank and Barwa Bank, in two separate statements, announced their respective decisions to participate in a Finance Facility for Qatar Petroleum...

GDI to become wholly-owned subsidiary of GIS 30 Dec 2013 - 09:57 am

DOHA: Gulf International Services (GIS) has entered into discussions with the foreign partner in its joint venture, Gulf Drilling International, to acquire its...

Services sector pushes Qatari index down 30 Dec 2013 - 09:57 am

Doha: Qatar Exchange index lost 31.15 points, or 0.30 percent, to reach 10,360.02 points yesterday from the previous closing of 10,391.17 points on...

Weekly Money Market Review with IBQ: Thin trading triggers high volatility in forex markets 30 Dec 2013 - 09:52 am

The holiday season quietness continued as most of the major global markets were off duty most of last week due to the Christmas...

Weekly Commodity Update: Will growth bring a strong January for commodities once again? 30 Dec 2013 - 09:52 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Thin holiday markets have yielded a surprise strong performance by the metal sector, not...

Bait Al Mashura, World Bank sign agreement 30 Dec 2013 - 05:10 am

Officials during the signing ceremony. DOHA: Bait Al Mashura Finance Consultations has signed an agreement with the World Bank in order to reinforce...

FLSmidth wins Al Khalij Cement deal 29 Dec 2013 - 09:50 am

By Satish Kanady DOHA: Global Company FLSmidth has received an order worth DKK515m for Qatari cement producer Al Khalij Cement covering supply of...

QCB sets up Qatar Central Securities Depository Co 29 Dec 2013 - 09:49 am

Doha: Qatar Central Bank (QCB) has announced the establishment of Qatar Central Securities Depository QCSD, which will begin functioning on January 2. The ...

Global economy to be bumpy in 2014: QNB Group 29 Dec 2013 - 06:23 am

Doha: Economists are famous for making wrong predictions. In December 2012, most economists predicted the end of the euro, a hard landing of...

QE index falls on profit booking by local retail investors 27 Dec 2013 - 09:03 am

DOHA: Qatar Exchange (QE) index edged low last week on profit taking by local retail investors. The benchmark index shed 77.42 points or...

Report: 62pc of GCC-listed firms miss analysts’ estimates 27 Dec 2013 - 08:59 am

DOHA: More than half of the GCC listed companies’ results in the third quarter of 2013, including the results of many firms in...

Crowdfunding experts gather in Cairo to discuss benefits, woes 26 Dec 2013 - 12:14 pm

DOHA: With the objective of unlocking new sources of investment capital for Egyptian entrepreneurs, Silatech recently sponsored a seminar on crowdfunding in Cairo....

QEWC’s Nebras to start operations by first half next year 26 Dec 2013 - 12:14 pm

DOHA: The Qatar Electricity and Water Corporation (QEWC) has announced that Nebras Power Company, QEWC’s recently established shareholding company with an initial capital...

Global mining companies look for Qatari fund 26 Dec 2013 - 12:14 pm

DOHA: Global mining companies which are projected to face challenging market conditions in 2014, are looking for GCC Sovereign Wealth Fund, including from...

New identity for Ezdan Holding, subsidiaries 26 Dec 2013 - 04:29 am

DOHA: As part of its modernisation and development strategy, real estate giant Ezdan Holding Group yesterday unveiled its new identity along with all...

QE geared up for MPHC share trading: CEO 25 Dec 2013 - 07:33 am

DOHA: Qatar Exchange (QE) is well-equipped to trade the 300 million plus shares of Mesaieed Petrochemical Holding Company (MPHC) entering the primary market...