Business / Qatar Business

Ahli United Bank posts $482.5m net profit 23 Feb 2015 - 01:18 am

DOHA: Ahli United Bank (AUB) reported a record net profit attributable to its equity shareholders of $482.5m for the year 2014, a growth...

Widam records QR62.2m profit 23 Feb 2015 - 01:14 am

DOHA: Widam Food Company (previously Mawashi) recorded a net profit of QR62.2m for full-year 2014, compared to QR54.9m a year ago. The earnings...

Qatari graduates’ mobile app on real estate draws huge response 22 Feb 2015 - 01:50 am

Abdulahmeed Alyousef (left) and Saud Aldolaimi. BY MOHAMMAD SHOEB DOHA: A newly-developed real estate-based smart technology “Rinfo”, launched by the Qatar Business Incubation...

Al Sulaiti is MPHC’s new chairman 22 Feb 2015 - 01:42 am

DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum partially floated on the Qatar Exchange and one of the region’s premier...

Sheikh Khaled is new GIS chairman 22 Feb 2015 - 01:36 am

DOHA: Gulf International Services (GIS), the largest service group in Qatar with interests in a broad cross-section of industries, issued a statement yesterday...

Qatar banks loan book shrinks in January 22 Feb 2015 - 01:23 am

DOHA: Qatar banks’ loan book contracted by 1.4 percent in January 2015 compared to the month of December 2014. Deposits declined by 2.2...

US Ambassador at Msheireb projects 22 Feb 2015 - 01:20 am

Dana Shell Smith (centre), the US Ambassador to Qatar, visited the Msheireb Downtown Doha project and Msheireb Enrichment Centre. She was welcomed by...

Commercial Bank and QBA host Turkish team 22 Feb 2015 - 01:19 am

DOHA: Commercial Bank and the Qatari Businessmen Association (QBA) jointly hosted a reception for a delegation of senior businessmen from Turkey. The Turkish...

Nakilat holds staff meet 22 Feb 2015 - 01:18 am

Nakilat’s annual meeting for Qatari staff. DOHA: All Qatari employees of Nakilat gathered for a day of workshop and presentations, with an emphasis...

Consortium wins Doha Metro deal 22 Feb 2015 - 12:49 am

By Satish Kanady DOHA: A five-member consortium consisting of Mitsubishi Heavy Industries, Mitsubishi Corporation, Hitachi Ltd, The Kinki Sharyo Co and Thales received...

MultaQa meet to begin on March 8 22 Feb 2015 - 12:47 am

DOHA: Over 700 senior business and insurance market leaders from over 30 countries will discuss and exchange ideas on some key challenges and...

QE index slips on oil price dip, lower earnings 20 Feb 2015 - 12:21 am

DOHA: Qatar Exchange (QE) benchmark index slipped on a combination of lower oil prices and lower-than-expected corporate earnings in the past seek. The...

Qatar’s imports from Brazil grow 10.6pc 20 Feb 2015 - 12:18 am

DOHA: Exports from Brazil to Arab countries grew significantly in 2014, demonstrating robust bilateral trade relations. According to the most recent figures released...

Qatar takes part in Arab Economic and Social Council meeting 20 Feb 2015 - 12:17 am

Sultan bin Rashid Al Khater, Undersecretary at the Ministry of Economy and Commerce, and other officials at the meet. DOHA: Qatar participated in...

QE to list first of four investment funds soon 19 Feb 2015 - 04:27 am

DOHA: The Qatari bourse is all set to list one of the four planned investment funds soon. “We are just waiting for the...

GIS meet approves dividends 19 Feb 2015 - 12:58 am

Officials at the Ordinary General Assembly of GIS. DOHA: The Ordinary General Assembly of Gulf International Services (GIS) has approved the board of...

Stella Giasta joins Mövenpick Hotel 19 Feb 2015 - 12:45 am

Doha: Mövenpick Hotel Doha appointed Stella Giasta (pictured) as Director of Sales. Originally from Greece, Stella comes with a wealth of experience within...

Pakistan in talks to import Qatari LNG: minister 19 Feb 2015 - 12:43 am

Islamabad: Pakistan is in talks to import liquefied natural gas (LNG) from Qatar, a minister said yesterday, as the country grapples with a...