Business / Qatar Business

QCB regulation will boost investments 20 Jun 2013 - 05:45 am

By Satish Kanady DOHA: Qatar Central Bank’s (QCB) newly announced decision to regulate Qatari banks’ investment portfolio is expected to drive more bank...

S&P affirms A/A-1 rating for Ooredoo 20 Jun 2013 - 05:44 am

DOHA: Standard & Poor’s Ratings Services has affirmed its ‘A/A-1’ long- and short-term corporate credit ratings on Ooredoo (Qatar TelecomQtel) and its ‘A’...

Qatar’s foreign trade surplus up by 2.2pc 20 Jun 2013 - 05:43 am

DOHA: Qatar’s foreign merchandise trade surplus has increased 2.2 percent in April, 2013. According to preliminary figures released by the Qatar Statistics Authority...

QInvest named Best Sukuk Structuring House in Qatar 20 Jun 2013 - 05:42 am

Tamim Hamad Al Kawari receiving the award from Mushtak Prker. DOHA: QInvest has been internationally recognised as “Best Sukuk Structuring House in Qatar”...

QNB honoured with Best Bank in Middle East award 20 Jun 2013 - 05:41 am

Doha: Qatar National Bank (QNB) has been the recipient of two industry recognised awards from the Banker Middle East. QNB was awarded the...

Intra-Mena trade likely to double by 2020, says HSBC official 20 Jun 2013 - 05:39 am

Speakers at the HSBC Regional Exchange – Mena conference. DOHA: “Intra-Middle East and North Africa (Mena) trade has the potential to double by...

Weekly Money Market Review with IBQ: These are uncertain times in financial markets 20 Jun 2013 - 05:11 am

The US Dollar started the week on a negative tone, as Federal Reserve Bank President Bullard said that the US economic performance could...

Vodafone Qatar revenue rises by 25pc; customer base grows 20 Jun 2013 - 02:24 am

DOHA: Vodafone Qatar’s annual revenue recorded a 25 percent growth to QR1.53bn reflecting a growing market share of 27.4 percent of mobile revenues...

Qatar Exchange to trade govt bonds 19 Jun 2013 - 05:09 am

DOHA: The Qatar Exchange (QE) yesterday announced its decision to introduce trading of government bonds issued by the central bank commencing on Thursday....

QCB move draws flak from investors 19 Jun 2013 - 05:08 am

DOHA: Qatar Central Bank’s (QCB) decision to tighten cap on local banks’ investment in stocks and bonds, has drawn flak from a section...

RMB likely to replace dollar in global trade 19 Jun 2013 - 05:04 am

Simon Williams (right) addressing the audience yesterday. (Salim Matramkot) DOHA: Chinese currency Renminbi or RMB is set to emerge as the anchoring currency...

Adnoc, Lulu sign pact for operating Ruwais Mall 19 Jun 2013 - 05:03 am

Officials of Lulu Group and Abu Dhabi National Oil Company during the signing ceremony. DOHA: Abu Dhabi National Oil Company (Adnoc) and Line...

Qatar Holding sells back 10pc Porsche stake 18 Jun 2013 - 05:38 am

DUBAI/BERLIN: Qatar Hol-ding, the investment arm of the state’s sovereign wealth fund, has sold its 10 percent stake in Porsche SE to the...

Qatar building 77 new hotels: QDB analysts 18 Jun 2013 - 05:37 am

DOHA: With more and more players entering Qatar’s hospitality sector, the industry’s present market dynamic is bound to change in a big way. ...

Internet fast changing purchasing behaviour: Official 18 Jun 2013 - 05:36 am

DOHA: The Internet is fast changing the purchasing behaviours of consumers in the Mena region, including Qatar. Nearly 33 percent of Mena region...

Qatar Cool wins two awards at IDEA conference in US 18 Jun 2013 - 05:34 am

Officials with the awards. DOHA: Qatar District Cooling Company (Qatar Cool), the district cooling leader in Qatar, has won two prestigious awards at...

Record number of vessels docks at Qatari ports in 2012 17 Jun 2013 - 04:48 am

DOHA: A record number of 5834 vessels docked at various ports of Qatar in 2012 with a gross tonnage amounting to 294.9m, up...

Sudan shelves telecom profit tax for 3 years 17 Jun 2013 - 04:47 am

DUBAI: Sudan has scrapped a 30 percent profit tax on telecom operators until 2015-end, replacing it with a 2.5 percent levy on total...