Business / Qatar Business

Al Sada leaves for GECF summit in Moscow 29 Jun 2013 - 03:17 am

Doha: The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada has left for Moscow as the head of...

Qatar’s real GDP growth forecast at 5.3pc in ’13 28 Jun 2013 - 12:38 am

DOHA: Qatar, the world’s richest country, might see its per capita income decline as its population is expected to grow faster than its...

Petrochemical production hit 16.8m tonnes 27 Jun 2013 - 03:31 am

DOHA: Petrochemicals production in Qatar hit 16.8m tonnes in 2012, making it the second largest producer in the GCC downstream sector, after Saudi...

Qatar commands 10pc of Mideast air charter: PJC 27 Jun 2013 - 03:30 am

DOHA: Qatar commands 10 percent of the air charter business in the Middle East. The Qatari businessmen make around six charter trips a...

Qtel’s legal name changes to Ooredoo 27 Jun 2013 - 03:30 am

DOHA: Qtel, recently rebranded as Ooredoo, yesterday confirmed that the required legal and regulatory approvals have been obtained and the company’s legal name...

Sheikh Hamad steered Qatar to prosperity 26 Jun 2013 - 01:57 am

DOHA: H H Sheikh Hamad bin Khalifa Al Thani steered Qatar to fame and prosperity during his 18-year tenure as Emir and one...

Fitch affirms RasGas2, 3 bonds ‘A+’ rating 26 Jun 2013 - 01:55 am

DOHA: Fitch Ratings has affirmed Ras Laffan Liquefied Natural Gas Company Limited (2)’s and Ras Laffan Liquefied Natural Gas Company Limited (3)’s senior...

QNB Group and Attijariwafa Bank of Morocco sign MoU 25 Jun 2013 - 04:53 am

Officials of QNB Group and Attijarifawa Bank of Morocco officials signing the memorandum of understanding. DOHA: QNB has signed a Memorandum of Understanding...

Barwa Bank’s equity fund up 11.5 percent 25 Jun 2013 - 04:50 am

DOHA: Barwa Bank, Qatar’s fastest growing Shariah compliant banking service provider, recently successfully launched its first equity fund: “The First Investor GCC Equity...

Qatari HNWIs accrue wealth at faster pace 25 Jun 2013 - 04:48 am

DOHA: The high net worth individuals (HNWIs) in Qatar is accruing wealth at a faster pace than developed economies. An estimated 42 percent...

€300m French-Qatari Fund for SMEs announced 24 Jun 2013 - 01:45 am

From left: The Chairman of Qatar Chamber, Sheikh Khalifa bin Jassem Al Thani, the Prime Minister and Foreign Minister H E Sheikh Hamad...

Weekly Commodity Update: Heading towards a period of increased volatility 24 Jun 2013 - 01:10 am

By Ole Hansen (Senior Manager, CFD and Listed Products, Saxo Bank) In addition to a strengthening US dollar, weakness was seen across most...

Weekly Money Market Review with IBQ: FOMC shakes markets as party seems to be ending 24 Jun 2013 - 01:09 am

Known to be the most dovish man in the world, in the last FOMC press conference, Ben Bernanke acknowledged that downside risks have...

QPI, Djibouti ink MoU for wind power plant 23 Jun 2013 - 07:52 am

Nasser Al Jaidah (right) and Djama Ali Guelleh exchanging documents during the signing ceremony. DOHA: Qatar Petroleum International (QPI) has signed a Memorandum...

Real estate transactions drop by 15 percent 23 Jun 2013 - 07:52 am

DOHA: Qatar’s real estate transaction value dropped by 15 percent on year-on-year basis during the first five months this year. The value of...

GCC liquidity to enhance growth: QNB 23 Jun 2013 - 07:49 am

Doha: GCC countries continue to have ample liquidity to finance the large investment projects planned over the next few years, according to QNB...

CBQ board dissolves Gekko 21 Jun 2013 - 01:18 am

Doha: Commercial Bank of Qatar has announced the dissolution of Gekko LLC after a review of its performance and future prospects, a Qatar...

Tasdeer to promote non-oil export firms 21 Jun 2013 - 01:16 am

Hassan Khalifa Al Mansoori, Executive Director of Tasdeer, with Monia Posteh from the Ministry of Trade and Zahra Maafri, Director-General, Maroc Export. DOHA:...