Business / Qatar Business

QIA to buy stake in Russian airport 01 Aug 2016 - 01:28 am

A passenger with luggage walks at Pulkovo airport outside St. Petersburg. By Satish Kanady DOHA: Qatar Investment Authority (QIA) will acquire a total...

VC deals fall for 4th consecutive quarter: KPMG and CB Insights 01 Aug 2016 - 01:21 am

DOHA: Continued investor concerns over startup valuations, macroeconomic upheavals, the ramifications of Brexit, and an uncertain exit environment for portfolio companies translated into...

Fraport sells stake in St Petersburg airport to Qatar 31 Jul 2016 - 03:59 pm

A passenger with luggage walks at Pulkovo airport outside St. Petersburg, Russia, November 7, 2015. (Reuters/PETER KOVALEV) FRANKFURT: Germany's Fraport is selling a...

Bedaya Centre’s workshop on skills development evokes good response 31 Jul 2016 - 03:11 am

Reem Al Sowaidi, General Manager of Bedaya Centre, and Dr. Abdel Rahim Al Hour, General Manager of Hi Tech Training Centre. By Mohammad...

Malabar Gold expands manufacturing in Qatar 31 Jul 2016 - 02:50 am

Shamlal Ahamed, Managing Director International Operations – Malabar Gold & Diamonds, and Abdul Salam KP – Group Executive Director, Malabar Group, jointly inaugurate...

QNB Suisse moves to new location by Lake Geneva 31 Jul 2016 - 02:46 am

QNB Group CEO Ali Ahmed Al Kuwari (third left) with other dignitaries at the event. DOHA: QNB Group announced the relocation of QNB...

US trade surplus with Qatar jumps to QR9.35bn 31 Jul 2016 - 02:46 am

By Mohammad Shoeb The Peninsula DOHA: The US trade surplus with Qatar for the first five months of this year has jumped to...

Lulu Exchange MD honoured with Global Businessman award at Brand Icons 2016 31 Jul 2016 - 02:44 am

Adeeb Ahamed, Managing Director, Lulu Exchange Company, WLL, receiving the Global Businessman Award from T M Thomas Isaac, Kerala’s Minister of Finance, at...

The St. Regis Doha wins two more awards, taking tally to 13 in 2016 31 Jul 2016 - 02:27 am

The St. Regis Doha team with the awards. Doha: The St. Regis Doha has topped off a stellar year winning two more globally...

Qatar may run $8bn budget deficit: World Bank 31 Jul 2016 - 02:24 am

By Satish Kanady DOHA: Qatar is estimated to run a budget deficit of $8bn, equivalent to 5 percent of GDP in 2016 —...

GCC, Iran and Iraq to see higher oil output 30 Jul 2016 - 05:16 am

By Satish Kanady DOHA: The collapse in the capital expenditure has started to take the toll on global conventional energy output. The effects...

QE index gains 117.91 points during past week 29 Jul 2016 - 12:49 am

DOHA: Qatar Exchange (QE) main index gained 117.91 points, or 1.12 percent, during the past trading week when the bourse closed yesterday at...

Qatar’s trade surplus touches QR8.3bn in June 28 Jul 2016 - 12:00 am

By Mohammad Shoeb DOHA: Qatar’s trade surplus in June 2016 stood at QR8.3bn, up nearly QR800m, or 10.6 percent, compared to QR7.5bn witnessed...

Oryx GTL awards 5-year contract to SNC-Lavalin 28 Jul 2016 - 12:00 am

DOHA: SNC-Lavalin, one of the leading engineering and construction groups in the world, yesterday announced that it has been awarded a five-year engineering...

Ezdan Holding’s profits jump 8% to QR927m in H1 28 Jul 2016 - 12:00 am

Ezdan Holding Group Chairman Sheikh Dr Khalid bin Thani bin Abdullah Al Thani and Group CEO Ali Mohammed Al Obaidli By Satish Kanady...

QFB’s first half revenue surges by 46% to QR353m 28 Jul 2016 - 12:00 am

Qatar First Bank QFB Chairman Abdulla bin Fahad bin Ghorab AlMarri By Satish Kanady DOHA: Qatar First Bank (QFB), a leading Shari’ah compliant...

Oriental Trading Co, Husqvarna sign distribution agreement 28 Jul 2016 - 12:00 am

Officials of Oriental Trading Co and Husqvarna at the distribution agreement signing event. Doha: Oriental Trading Co. has recently signed a distribution agreement...