Business / Qatar Business

QIIB posts QR366m H1 profit 16 Jul 2013 - 03:39 am

Sheikh Dr Khalid bin Thani Al Thani & Jamal Al Jamal DOHA: The International Islamic’s (Qatar International Islamic Bank or QIIB) net profit...

BCDR rules in favour of Barwa 15 Jul 2013 - 01:39 am

DOHA: In a significant ruling, the Bahrain Chamber of Dispute Resolution (BCDR) has ordered two prominent Bahraini companies to repay Barwa International SPC,...

QSRTC completes tests on fiber-optic seismic system 15 Jul 2013 - 01:33 am

DOHA: Qatar Shell Research & Technology Centre (QSRTC) successfully completed the field testing of a new fiber-optic seismic system. Making use of cutting-edge...

‘Weaknesses’ of Qatar’s banking sector identified 15 Jul 2013 - 01:26 am

DOHA: Despite high stability and strong profitability, severe exposure to real estate sector and aggressive expansion plans are key “weaknesses” of Qatar’s banking...

Ooredoo QSC ticker changes to ‘ORDS’ 15 Jul 2013 - 01:26 am

DOHA: Ooredoo Q.S.C yesterday announced that its ticker has been changed to “ORDS” from QTEL.QA with immediate effect. The company will trade as...

Qatar bourse index down 0.23 percent 15 Jul 2013 - 12:47 am

Doha: Qatar Exchange was down 21.78 points or 0.23 percent to 9,398.19 points yesterday from the previous closing of 9,419.97 points. Among the...

Qatar’s real GDP to grow 6.8pc next year 14 Jul 2013 - 01:45 am

DOHA: Qatar’s real GDP is expected to expand at a rapid pace during the second half of 2013 growing 6.5 percent for the...

Qatar, RWE in initial talks on DEA unit 13 Jul 2013 - 01:55 am

FRANKFURT: Qatar, the world’s biggest liquefied gas producer which is looking to grow more quickly abroad, has held initial talks with Germany’s No...

QE extends rally, index gains 47.80 points this week 12 Jul 2013 - 05:21 am

DOHA: Qatar Exchange (QE) index extended its rally this week adding 47.80 points or 0.51 percent as the trading closed at 9,419.97 points...

Qatar to see bigger inflow of institutional investments 12 Jul 2013 - 05:20 am

DOHA: With MSCI putting Qatar on global investors’ radar by enhancing its market status to ‘Emerging’, the country is expected to witness new...

QNB H1 net profits up 15.1pc; India operations to begin soon 11 Jul 2013 - 05:48 am

DOHA: QNB Group, the Middle East’s leading lender, recorded a strong net profit of QR4.7bn for the first half of 2013 (H1 2013)...

Qatari expert appointed advisor to Russian fund 11 Jul 2013 - 05:48 am

DOHA: The Russian Direct Investment Fund (RDIF) has appointed three new members, including Ahmad Al Sayed, CEO, Qatar Investment Authority, to the fund’s...

Qatari institutions buy more shares in June 11 Jul 2013 - 05:47 am

Doha: Qatari institutions bought marginally more shares in June compared with the percentage of shares of the total value bought in May, according...

RasGas delivers first LNG cargo to Mexico 11 Jul 2013 - 05:46 am

DOHA: RasGas Company Limited (RasGas) achieved yet another milestone yesterday when the first delivery of Liquefied Natural Gas (LNG) arrived at the Manzanillo...

Investors warned of ‘dubious’ fund 11 Jul 2013 - 01:48 am

DOHA: QFC Regulatory Authority has strongly warned investors against a “$160m Investment Fund” which claims to be operating from Qatar. The regulatory authority...

Banks dominate GCC bond market 10 Jul 2013 - 09:33 am

DOHA: The banking sector continued to dominate GCC’s corporate bond market in Q2, 2013. The Qatar National Bank (QNB) helped prop up the...

Profit of Qatari firms expected to rise over 7pc in Q2, 2013 10 Jul 2013 - 09:31 am

DOHA: Qatari companies’ Q2, 2103 profits are forecast to increase by 7.3 percent on a year-on-year, mainly led by QNB, Ooredoo and Gulf...

Ali Ahmed named QNB acting CEO 10 Jul 2013 - 09:30 am

DOHA: The Board of Directors of Qatar National Bank (QNB) Group yesterday appointed Ali Ahmed Al Kuwari (pictured) as the Acting Chief Executive...