Business / Qatar Business

Qatar stocks head back to pre-oil crisis levels 04 Feb 2015 - 12:00 am

By Satish Kanady DOHA: Qatari stocks jumped on improved oil prices and strong corporate numbers yesterday. Industrial and real estate shares lifted the...

Qatar’s five-year foreign investments close to QR500bn 03 Feb 2015 - 11:59 pm

DOHA: Qatar has invested an estimated QR477bn abroad over the past five years. The size of Qatar’s foreign investments amounted to about $36.5bn...

Aamal’s net profit up 17.2pc, 10pc cash dividend recommended 03 Feb 2015 - 11:58 pm

DOHA: Aamal Company QSC (Aamal), one of the GCC’s fastest growing diversified companies, recorded a net profit of QR600.2m for the full year...

Commercial Bank leads in over QR1bn club deal for Ashghal’s project 03 Feb 2015 - 11:58 pm

DOHA: Commercial Bank has successfully concluded a financing arrangement of QR1bn in extended financing facilities to Joannou & Parakskevaides (Overseas) Ltd for the...

Ooredoo unit Indosat’s EGM approves new appointments 03 Feb 2015 - 11:57 pm

DOHA: “Ooredoo” yesterday announced that its subsidiary, PT Indosat Tbk, has approved a number of changes to its Boards of Commissioners and Independent...

GIS delivers record QR3.9bn revenue, QR1.4bn net profit 03 Feb 2015 - 02:28 am

DOHA: Gulf International Services (GIS), the largest services group in Qatar, recorded a net profit of QR1.4bn for the full-year 2014, an increase...

Qatar Exchange index gains 55.60 points 03 Feb 2015 - 02:22 am

Doha: A rebound in global oil prices and decisions by state-controlled companies to pay cash bonuses to employees boosted Saudi Arabia’s stock market...

QNB ranked best bank brand in Mideast, Africa 03 Feb 2015 - 02:02 am

DOHA: QNB has been confirmed as the most valuable banking brand in the Middle East and Africa, according to the annual survey carried...

Nakilat shipyard celebrates 100th LNG repair 03 Feb 2015 - 02:01 am

Nakilat team celebrating the 100th LNG repair. DOHA: Nakilat-Keppel Offshore & Marine (N-KOM), Qatar’s leading ship repair facility located at Erhama Bin Jaber...

Qafco, GE unit in service deal 03 Feb 2015 - 01:01 am

FROM LEFT: Hasan Dandashly, GE Oil & Gas Vice President, DTS; Abdulaziz Al Muftah, Chairman of Al Shaheen GE Services Company, and Khalifa...

QE index rebounds to 12,000 level 02 Feb 2015 - 04:12 am

DOHA: Qatar stocks rose sharply yesterday on improved oil prices and corporate dividend payouts. The main index jumped 162.47 points, or 1.37 percent,...

Minister expects 7pc GDP growth in 2015 02 Feb 2015 - 12:25 am

H E Ali Sherif Al Emadi (sixth left), the Minister of Finance and Chairman of the Board of Directors of QNB Group, and...

MPHC records QR1.8bn net profit for 2014 02 Feb 2015 - 12:18 am

DOHA: Mesaieed Petro-chemical Holding Company (MPHC), a subsidiary of Qatar Petroleum, has recorded a consolidated net profit of QR1.8bn for the full-year 2014....

Vodafone Qatar becomes fully Shariah-compliant 02 Feb 2015 - 12:15 am

DOHA: Vodafone Qatar yesterday announced it has completed the process to become a fully Shariah-compliant company. Professor Dr Ali Qaradaghi, commissioned by Vodafone...

ECB’s QE can have large cross-border spillover effects: QNB 01 Feb 2015 - 02:07 am

Doha: The European Central Bank (ECB) announced an expanded quantitative easing (QE) programme on January 22. Starting in March 2015, the ECB will...

Barwa Bank gets three Banker Product awards 01 Feb 2015 - 02:06 am

Barwa Bank officials with the Banker Middle East Product Awards 2014. DOHA: Barwa Bank has been recognised with three accolades at the Banker...

Msheireb hosts German delegation 01 Feb 2015 - 02:04 am

Stephan Weil, the Prime Minister of the Federal State of Lower Saxony (left), and Angelika Renate Storz-Chakarji, the German Ambassador to Qatar, at...

Lusail project receives huge response 01 Feb 2015 - 02:01 am

DOHA: The Lusail Real Estate Development Company (LREDC) has announced the completion of basic infrastructure facilities at the North and Western sides of...