Business / Qatar Business

Real estate sales during last week reach QR 3.4bn 07 Jul 2015 - 05:04 pm

DOHA: Combined value of total real estate transactions registered with the Land Registry Department of the Ministry of Justice from June 28 to...

Ministry of Economy recalls Toyota Avalon models 2009-2012 04 Jul 2015 - 05:22 pm

DOHA: The Ministry of Economy and Commerce announced on Saturday it has recalled Toyota Avalon models from 2009 to 2012 due to a...

Milaha acquires 100pc controls in two liquefied gas carriers 04 Jul 2015 - 02:01 am

A view of the liquefied natural gas carrier Milaha Qatar. Doha: Milaha announced that its wholly owned subsidiary, Qatar Shipping Company, acquired the...

Mideast passenger demand growth soars 14pc: IATA 03 Jul 2015 - 01:33 am

DOHA: The International Air Transport Association (IATA) announced global passenger traffic results for May showing strong demand growth compared to May 2014 for...

Doha Bank raises QR2bn Tier 1 capital-boosting bond 02 Jul 2015 - 09:51 am

DUBAI: Doha Bank raised 2 billion riyals ($549.3 million) through the issuance of capital-boosting bonds on Tuesday, Qatar’s fifth-largest lender by assets said...

QIB raises QR2bn through Sukuk 01 Jul 2015 - 03:43 pm

DOHA: Qatar Islamic Bank (QIB) announced that it has raised QR2bn (nearly $550m) in Basel III compliant Additional Tier 1 Perpetual Sukuk to...

Qatar benchmark index rebounds to close second quarter 01 Jul 2015 - 12:06 am

By Satish Kanady DOHA: Qatari stocks edged up yesterday snapping three straight days’ deep sell-off. The benchmark index rebounded to the biggest one-day...

ARTIC acquires St Regis Washington 01 Jul 2015 - 12:05 am

Tarek M El Sayed (left) with Matt Kenney DC, Managing Principal, Westbrook Partners. DOHA: Al Rayyan Tourism Investment Company (ARTIC), the international hotel...

Al Meera transfers 49pc stake in Al Oumara to Qatar Quality Food 01 Jul 2015 - 12:01 am

DOHA: Al Meera Consumer Goods Company (Al Meera CGC) announced that its subsidiaries, Al Meera Holding Company and Al Meera Development Company and,...

ABB wins $85m order to boost Qatar utility supplies 30 Jun 2015 - 11:54 pm

DOHA: ABB has won an order worth around $85m to provide turnkey substations to help integrate electricity from a new independent water and...

Real estate trades exceeded QR458.9m last week 30 Jun 2015 - 04:32 pm

DOHA: The combined value of the real estate transactions registered last week reached QR458.9m ($126m). According to the weekly bulletin issued by the...

Al Sada meets Oapec secretary-general 30 Jun 2015 - 01:44 am

The Minister of Energy and Industry H E Dr Mohamed bin Saleh Al Sada met yesterday with the Secretary-General of the Organisation of...

Coastal Qatar gets most innovative company award 30 Jun 2015 - 01:37 am

Doha: Coastal Qatar received the Award for “The Most Innovative Company” during the Business Excellence Award ceremony recently held at Hilton by Qatar...

Qatar bourse sheds 69.46 points; regional markets fall on Greece 30 Jun 2015 - 01:32 am

Doha: Qatar Exchange index declined 69.46 points, or 0.57 percent, when the bourse closed trading yesterday at 12,013.53 points compared with 12,082.99 points...

Qatar non-mining sector GDP contribution at 62pc 30 Jun 2015 - 12:58 am

By Satish Kanady DOHA: Qatar’s economic diversification efforts are fast yielding strong positive results. The share of non-mining sectors in the country’s real...

Qatar’s May trade surplus hits QR15.2bn 29 Jun 2015 - 01:24 am

DOHA: The value of Qatar’s total exports goods amounted to QR24.8bn in May 2015, a decrease of 38.9 percent compared to May 2014....

QFBA signs MoU with Dirassat 29 Jun 2015 - 01:13 am

Sheikh Fahad Faisal Al Thani, Sheikh Dr Khalid bin Thani bin Abdullah Al Thani and Dr Abdulaziz Al Horr DOHA: Qatar Finance and...

Fed seems intent on raising rates in coming months: QNB 28 Jun 2015 - 01:31 am

We are getting ever closer to the first interest rate increase by the US Federal Reserve (Fed) after years of near-zero rates. Following...