Business / Qatar Business

Intertec Group opens 11th outlet in Qatar 03 Jul 2014 - 01:34 am

Doha: Intertec Group, Samsung’s sole authorised distributor in Qatar, has opened its 11th outlet in the country at Al Rayyan. George Thomas, Chief...

China becomes biggest exporter to Qatar in May 03 Jul 2014 - 01:31 am

DOHA: The US has lost its ‘top Qatar exporter’ status to China for the first time in 2014. Qatar’s latest data on foreign...

QE extends rally on banking stocks support 03 Jul 2014 - 01:28 am

DOHA: Banking stocks helped Qatar Exchange (QE) index extend its rally, rising 2.06 percent yesterday. Banking sector rose 2.50 percent . QIB surged...

CBQ to buy out public shares in Alternatifbank 03 Jul 2014 - 01:09 am

DUBAI: Commercial Bank (CBQ) will buy out the remaining publicly owned shares in Turkey’s Alternatifbank and then delist the lender from the Istanbul...

Mira Al Attiyah is QNB Capital’s new CEO 03 Jul 2014 - 01:08 am

Doha: The Board of Directors of QNB Capital, the investment banking subsidiary of QNB Group, has appointed Mira Hamad Abdullah Al Attiyah as...

Nissan is most effective auto brand in Mideast 03 Jul 2014 - 01:07 am

Doha: Nissan has repeated its top ranking as the Middle East’s most effectively marketed automotive brand following the announcement of the influential Effie...

QE index posts biggest jump in 5 years, up 5.62pc 02 Jul 2014 - 02:27 am

By Satish Kanady DOHA: Qatar bourse, after closing a record monthly low in June, racked up one of its biggest single-day gain yesterday....

Malabar Gold is Superbrand again 02 Jul 2014 - 02:16 am

Mike English, Chairman – Superbrands Council, giving the ‘Superbrand’ status to Malabar Gold & Diamonds officials. Malabar Gold is winning the status second...

Qatar trade surplus rises 7.8pc in May 02 Jul 2014 - 02:06 am

Doha: Qatar’s foreign trade surplus rose to QR33.3bn ($9.2bn) in May from QR30.9bn a year ago, a 7.8 percent jump. A statement of...

Ma’aden signs $5bn financing for phosphate scheme 02 Jul 2014 - 01:54 am

DOHA: Saudi Arabian Mining Co (Ma’aden) has signed a $5bn financing deal with commercial banks and a state-owned investment fund to back its...

International Islamic announces attractive Ramadan offers 01 Jul 2014 - 10:10 am

DOHA: International Islamic (Qatar International Islamic Bank or QIIB) announced two attractive offers to its customers to coincide with Ramadan. Customers availing new...

Barwa Bank profit up 28pc 01 Jul 2014 - 10:07 am

Doha: Barwa Bank Group yesterday announced that its net profit rose 28 percent to QR201m in the first quarter of 2014 compared with...

Energy price volatility: Qatar least vulnerable 01 Jul 2014 - 10:01 am

DOHA: Gulf sovereign’s high and increasing dependence on hydrocarbon revenue is a key vulnerability of their economies and their ratings. Bahrain and Oman...

Qatar’s nominal GDP hits QR192bn in Q1 01 Jul 2014 - 10:01 am

DOHA: Qatar’s nominal Gross Domestic Product (GDP at current price) estimate for first quarter of 2014 (Q1 2014) reached at QR192.38bn ($52.83 bn),...

24pc licensed firms at QFC are domestic 01 Jul 2014 - 09:58 am

DOHA: Domestic firms make up 24 percent of active licensed firms at Qatar Financial Centre (Authority). In 2013, 29 percent of firms which...

Qatar Solar Energy, Kazatomprom sign long-term solar panel deal 01 Jul 2014 - 09:56 am

Doha: Qatar Solar Energy (QSE), the largest solar technology development and manufacturing facility in the Mena region, has signed a landmark agreement with...

Qatar’s nominal GDP hits QR192bn in Q1 01 Jul 2014 - 05:18 am

DOHA: Qatar’s nominal Gross Domestic Product (GDP at current price) estimate for first quarter of 2014 (Q1 2014) reached at QR192.38bn ($52.83 bn),...

GOIC seeks to raise capabilities of export firms 30 Jun 2014 - 11:16 am

Participants at the course. DOHA: Aiming at promoting exports of industries in the GCC countries, the Gulf Organisation for Industrial Consulting (GOIC) successfully...