Business / Qatar Business

S&P affirms DIC ratings at ‘A’ 01 Aug 2015 - 12:54 am

DUBAI: Standard & Poor’s Ratings Services yesterday affirmed its ‘A’ insurer financial strength and counterparty credit ratings on Qatar-based Doha Insurance Co. QSC...

QIIB launches four major IT and business projects with GBM 30 Jul 2015 - 10:26 am

Quan Croxford (left), Head of IT at QIIB, with Issam Nasser, Sales Manager, GBM Qatar. Doha: Qatar International Islamic Bank (QIIB) has successfully...

Ooredoo reports QR16bn H1 revenue 30 Jul 2015 - 03:13 am

Chairman Sheikh Abdulla bin Mohammed bin Saud Al Thani (left) and Group Chief Executive Officer Dr Nasser Marafih. DOHA: Telecom giant Ooredoo recorded...

Qatar Airways Cargo launches customised courier service 29 Jul 2015 - 07:21 pm

DOHA: Qatar Airways Cargo will launch an express airfreight service for door-to-door and time-critical shipments. The new ‘QR On-Board Courier’ service will be...

GCC issues $48.13bn sukuks, bonds 29 Jul 2015 - 12:26 am

By Satish Kanady DOHA: The aggregate primary issuance of bonds and sukuk by GCC entities, including cCentral Banks, totalled $48.13bn in the first...

QCB real estate price index hits record high 29 Jul 2015 - 12:23 am

DOHA: After softening a bit in April 2015, Qatar’s real estate price value rebounded 23.5 percent in June 2015, from a year ago...

Nissan’s Kyushu plant celebrates 40 years 29 Jul 2015 - 12:21 am

Nissan’s Kyushu plant. Doha: Nissan Motor Co Ltd celebrated the 40th anniversary of its Kyushu production base and the 15 millionth vehicle produced...

Qatar’s fiscal surplus projected to slip 28 Jul 2015 - 01:52 am

By Satish Kanady DOHA: Qatar’s elevated government spending and declining revenues are expected to narrow the country’s fiscal surplus from 10.8 percent of...

Milaha H1 net profit increases by 26pc 28 Jul 2015 - 01:51 am

DOHA: Qatar Navigation (Milaha) delivered a net profit of QR651m for the first half of 2015 (H1, 15), an increase of 26 percent...

Ford Motor Grants programme now in North Africa 28 Jul 2015 - 01:19 am

Doha: The Ford Motor Company Conservation and Environmental Grants is celebrating 15 years of helping communities with their environmental projects by expanding its...

Qatar’s trade surplus in June (y-o-y) down 52.5% 27 Jul 2015 - 07:22 pm

DOHA: Qatar’s trade surplus in June, 2015 declined to QR14.9bn ($4.09bn), registering a decline of QR16.4bn ($4.5bn), or 52.5 percent, compared to June...

Ezdan Holding’s H1 net profit up by 20pc 27 Jul 2015 - 11:50 am

Ezdan Holding Group Chairman Sheikh Dr Khalid (left) and Group CEO Ali Al Obaidli. DOHA: Ezdan Holding Group recorded a net profit of...

OFID to expand operations 26 Jul 2015 - 12:15 am

H E Ali Sherif Al Emadi, Minister of Finance, at the 36th meeting of Opec Fund for International Development (OFID), in Vienna. DOHA:...

CI affirms Qatar’s sovereign ratings 26 Jul 2015 - 12:11 am

DOHA: The international credit rating agency, Capital Intelligence (CI), has affirmed Qatar’s Long-Term Foreign Currency and Local Currency Ratings of ‘AA-‘ and its...

Qatar bourse index down 98.23 points 23 Jul 2015 - 08:37 am

Doha: Qatar Exchange (QE) index dropped 98.23 points or 0.82 percent when the bourse closed yesterday at 11,911.31 points. The market capitalisation decreased...

Qatar Airways adds two new destinations in Pakistan 20 Jul 2015 - 05:03 pm

DOHA: Qatar Airways has added two new destinations in Pakistan on consecutive days - Sialkot and Faisalabad. Beginning from July 16, the airline...

GCC petrochemical prices decline in June, early July 20 Jul 2015 - 09:06 am

DOHA: The petrochemical prices dropped in June and early July driven by oil price weakness and return of supply after completion of seasonal...

GCC: Yields rise on US rate hike expectations 19 Jul 2015 - 09:06 am

DOHA: Increased expectations of a US rate hike has seen GCC bond yields pick up, while credit default swaps (CDS) rates continued to...