Business / Qatar Business

Doha Bank seeks approval for up to $5bn in short-term instruments 10 Apr 2016 - 02:58 pm

DUBAI: Qatar's Doha Bank said on Sunday it would seek shareholder approval to raise funds through up to $5 billion worth of short...

Qatar's QNB says receives regulators' nod to buy Turkey's Finansbank 10 Apr 2016 - 11:17 am

Doha: Qatar National Bank (QNB) has received the approval of Qatar's central bank and Turkey's Banking Regulation and Supervision Agency to acquire Turkey's...

QIC official sponsor of QFSW conference 10 Apr 2016 - 04:07 am

Officials signing the agreement. DOHA: Qatar Insurance Company (QIC), Qatar’s leading insurer is the official sponsor of Qatar Foundation Social Work (QFSW) conference...

QNB holds graduation ceremony for over 130 employees 10 Apr 2016 - 04:06 am

DOHA: QNB recently held a graduation ceremony for more than 130 employees who participated in the Management Development Program organised by the bank...

Barwa Bank Group records QR729.7m net profit 10 Apr 2016 - 04:01 am

Sheikh Mohammed bin Hamad bin Jassim Al Thani (left) and Khalid Yousef Al Subeai DOHA: Barwa Bank Group recorded a net profit of...

QFC Regulatory Authority names Eisa Ahmed Abdulla as COO & MD 10 Apr 2016 - 04:00 am

Eisa Ahmed Abdulla (left) and Fatma Abdulrahman Al Meer DOHA: The Qatar Financial Centre (QFC) Regulatory Authority announced yesterday a number of new...

Qatar Steel produced 1m tonnes of rebar last year at Rolling Mill II 10 Apr 2016 - 03:59 am

DOHA: Qatar Steel, one of the leading steel producers in the Middle East and Arabian Gulf, achieved a record production of more than...

$60/b oil probably within range in medium term: QNB 10 Apr 2016 - 03:58 am

DOHA: Oil prices have enjoyed a recovery in recent weeks. They rose from $28 per barrel (/b) in mid-January to around $40/b now....

QIB Group’s Gamal ranked GCC’s best-performing CEO 10 Apr 2016 - 03:57 am

DOHA: Bassel Gamal, Group CEO of Qatar Islamic Bank (QIB), was recognised as the first of 100 best-performing CEOs of listed companies in...

Doha Sooq signs pact with Al Sulaiman Jewellery 10 Apr 2016 - 03:53 am

DOHA: Doha Sooq, an e-commerce portal hosted by Doha Bank, has signed a merchant agreement with Al Sulaiman Jewellery & Watches, a jewellery...

Mideast airlines see 3.7% growth in freight business 10 Apr 2016 - 03:53 am

By Mohammad Shoeb DOHA: The Middle Eastern airlines witnessed the highest 3.7 percent growth in air freight business in February 2016 compared to...

1,668 new commercial registrations and licences issued in March 10 Apr 2016 - 03:39 am

DOHA: The Commercial Registration and Licenses Department at the Ministry of Economy and Commerce issued 1,668 new commercial registrations and canceled 239 commercial...

Barwa Banks registers QR729.7 million in profits for 2015 09 Apr 2016 - 03:18 pm

Doha: Barwa Bank registered a net profit of QR 729.7 million for 2015, with earnings per share rising to QR2.46. A statement released...

Banks’ loan book to grow further: QNB 09 Apr 2016 - 02:31 am

DOHA: Driven by projects lending, Qatar banks’ lending is projected to grow going forward. The banks’ loans to the public sector grew by...

Ezdan’s newly-launched website offers direct e-services to people 09 Apr 2016 - 02:30 am

DOHA: Ezdan Real Estate Company, a subsidiary of Ezdan Holding Group, has launched its official integrated Website (www.ezdanrealestate.qa). The new website offers home...

Qatar’s new insurance instructions credit positive: Moody’s 08 Apr 2016 - 01:21 am

DOHA: The recent instructions issued by the Qatar Central Bank (QCB) for insurers operating in Qatar are credit positive. These instructions are credit...

QE index gains 133.74 points 08 Apr 2016 - 01:20 am

DOHA: Qatar Exchange’s (QE) benchmark index gained 133.74 points, or 1.33 percent yesterday when the bourse closed trading at 10,164.76 points. The daily...

Qatargas-2 and KPC sign LNG supply deal 07 Apr 2016 - 03:19 am

An LNG tanker. DOHA: Qatar Liquefied Gas Company Limited-2 (Qatargas 2) and Kuwait Petroleum Corporation (KPC) have executed an agreement to supply half...