Business / Qatar Business

QIMC to build QR500m tower; profit at QR80m 30 Jul 2013 - 12:52 am

DOHA: Qatar Industrial Manu-facturing Company (QIMC) is set to fly high by constructing a multi-use high rise tower in Doha’s skyline with an...

Ezdan, QGIRC profits rise 30 Jul 2013 - 12:50 am

Doha: Qatar General Insurance and Reinsurance Company disclosed the semi annual financial statements for the period ending June 30, 2013, revealing a net...

Qatar bourse index down by 0.15pc 30 Jul 2013 - 12:50 am

Doha: Qatar Exchange was down 14.01 points (0.15 percent) to 9,640.54 points yesterday from the previous closing of 9,654.55 points. Among the top...

Energy City to be mixed-use facility 29 Jul 2013 - 01:44 am

Energy City Qatar CEO Hesham Al Emadi. (SHAIVAL DALAL) By Satish Kanady DOHA: Energy City Qatar (ECQ), the estimated $3bn project launched to...

Whitehill starts role as Vodafone Qatar CEO 29 Jul 2013 - 01:43 am

DOHA: Kyle Whitehill (pictured), the newly-appointed CEO of Vodafone Qatar, has taken up his role. Commenting on his appointment, Vodafone Qatar’s Chairman Sheikh...

Maersk Oil releases Sustainability Report 29 Jul 2013 - 01:41 am

Al Shaheen, Qatar’s largest offshore oil field, operated by Maersk Oil Qatar. Doha: Maersk Oil Qatar, Operator of Qatar’s largest offshore oil field...

Qatar bourse sheds 0.41pc; Kuwait rises 29 Jul 2013 - 01:41 am

Doha: The Qatar Exchange was down yesterday 40.15 points (0.41pc) to 9,654.55 points from the previous closing of 9,694.70 points. The volume of...

Woqod’s H1 net profit falls by 1.4 percent 29 Jul 2013 - 01:41 am

DOHA: Qatar Fuel’s (WOQOD) net profit for the first half of 2013 (H1 2013) has declined by QR8m or 1.4 percent, compared to...

Alfardan Automobiles records 28pc rise in BMW sales 29 Jul 2013 - 01:39 am

DOHA: Alfardan Automobiles, the official BMW Group importer in Qatar, has registered a 28 percent and 9 percent growth in BMW and MINI...

QNB Group starts China operations 29 Jul 2013 - 01:38 am

DOHA: Qatar National Bank (QNB) Group has officially started operating its “Qatar National Bank S A Q Shanghai Representative Office” after receiving all...

Mashreq posts 40 percent rise in first half net profit 29 Jul 2013 - 01:37 am

DOHA: Mashreq, the lead financial institution in the Middle East & North Africa with a strong presence in Qatar, has reported a 40...

Weekly Money Market Review with IBQ: Markets speculate a change in US interest rates 29 Jul 2013 - 01:25 am

The Federal Reserve is on track to keep its $85bn-a-month bond-buying program in place at its next policy meeting. Federal Reserve Chairman, Ben...

Qatar’s LNG boost key for MENA growth 28 Jul 2013 - 01:53 am

DOHA: Despite a growth in the MENA region’s oil exporting countries, the hydrocarbon production of these nations is likely to level off in...

Porsche half-year sales rise over 50pc in region 28 Jul 2013 - 01:51 am

DOHA: Porsche Middle East and Africa FZE has announced a more than 50 per cent rise in regional half-year sales for 2013 compared...

Qatar Airways grounds 787 27 Jul 2013 - 01:18 am

A Boeing 787 Dreamliner, owned by Qatar Airways, performs at the Farnborough Airshow in southern England. DUBAI: Qatar Airways yesterday said it had...

Qatar keen to welcome Palestinian investments 26 Jul 2013 - 02:21 am

Nasser Al Meer (middle), Board Member of Qatar Chamber, with other participants at the seminar. BY MOHAMMAD SHOEB DOHA: Small investments can make...

Energy City Qatar in early settlement of $185m loan 26 Jul 2013 - 02:19 am

DOHA: Energy City Qatar (ECQ), provider of an integrated set of services to real estate sector, recently made an early settlement of $185m...

Fitch affirms Qatar Real Estate Investment Company’s ratings 25 Jul 2013 - 01:35 am

DOHA: Fitch Ratings has affirmed Qatar Real Estate Investment Company’s (Alaqaria) Long-term Issuer Default Rating (IDR) and senior unsecured rating at ‘BBB+’, and...