Business / Qatar Business

Qatar bourse index rises by 0.6pc 05 Aug 2013 - 03:09 am

Doha/dubai: Qatar Exchange continued its upswing trend yesterday, adding 57.98 points (0.60 percent) to advance to 9,764.55 points from 9,706.57 on Thursday. Among...

Weekly Commodity Update: Economic data supports crude while slowing gold’s further advance 05 Aug 2013 - 03:03 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) A strong recovery especially during the early parts of July helped the major commodity...

QE to emerge as key player in the region 04 Aug 2013 - 12:53 am

DOHA: After achieving much success in the technical, regulatory and product diversification aspects, Qatar Exchange (QE) is set to emerge as a key...

Damaan Islamic Insurance records QR28m profit 04 Aug 2013 - 12:49 am

DOHA: Damaan Islamic Insurance Company (Beema) has recorded a profit of QR28m for the first half of 2013, against QR10m posted during the...

QE tapering in the US could act as brake on growth: QNB Group 04 Aug 2013 - 12:47 am

Doha: Tapering of Quantitative Easing (QE) in the US could act as a brake on global growth, according to QNB Group. Concerns about...

Listed banks’ combined net profit at QR8.8bn 02 Aug 2013 - 03:37 am

By Satish Kanady DOHA: Driven by higher investments and net interest income, listed banks in Qatar have delivered a steady set of results...

GCC hospitality sector sees strong growth 01 Aug 2013 - 04:47 am

DOHA: The GCC region’s hospitality sector has been showing strong growth due to rising business tourism, says a report by the Kuwait Financial...

Ooredoo launches Business Fibre broadband service 01 Aug 2013 - 04:47 am

DOHA: Ooredoo has launched its new business fibre broadband service, providing small and medium-sized businesses with the country’s fastest-ever and most reliable connection...

Qatar Electricity and Water Co profit rises 01 Aug 2013 - 04:47 am

DOHA: The Board of Directors of Qatar Electricity and Water Company chaired by H E Abdullah bin Hamad Al Attiyah, Chairman of the...

QIIC net profit increases to QR35.8m 01 Aug 2013 - 04:46 am

Doha: Qatar Islamic Insur-ance Company (QIIC) has disclosed the semi annual financial statements for the period ending June 30, 2013. The financial statements...

QE market cap up by 4.44pc in July 01 Aug 2013 - 04:44 am

DOHA: Qatar Exchange (QE) gained 429.42 points, or 4.63 percent during July 2013, as compared to the previous month, to close at 9,704.98...

Ooredoo revenue surges to QR17.1bn in H1 31 Jul 2013 - 01:28 am

DOHA: Telecom major Ooredoo’s revenue rose 4.7 percent to QR17.1bn in the first half of 2013, compared to the same period in 2012....

Al Khaliji nets QR290.5m profit 31 Jul 2013 - 01:27 am

Sheikh Hamad bin Faisal bin Thani Al Thani & Rob McCall DOHA: Al Khaliji (KCBK) reported a net profit of QR290.5m for the...

QIB launches new website, domain name 31 Jul 2013 - 01:26 am

DOHA: Qatar Islamic Bank (QIB) has announced the launch of its new website with an enhanced look and feel. QIB has added a...

QE advances despite delayed trading 31 Jul 2013 - 01:26 am

DOHA: Qatar Exchange (QE) traded for shorter hours yesterday due to a technical snag. Despite a delayed trading the benchmark index added 26.82...

VW first half profits plunge 46pc 31 Jul 2013 - 01:23 am

A Volkswagen employee picking up a logo to be fitted on the VW Tiguan and Touran models. Volkswagen, Europe’s biggest car maker, said...