Business / Qatar Business

Real estate transactions hit QR1.41bn 07 Jan 2015 - 01:03 am

DOHA: Qatar’s weekly real estate transaction hit QR1.41bn during December 28-January 1 period. According to the weekly bulletin issued by the Real estate...

QE downward trend continues, index slips below 12,000 levels 06 Jan 2015 - 04:28 am

DOHA: Qatari bourse extended its bearish trend to fifth straight session yesterday. The benchmark index fell 1.91 percent to 11,995 points on profit-taking....

Amira Foods enters Qatar in GFT deal 06 Jan 2015 - 01:49 am

DOHA: Amira Foods, the company that has made Amira Rice an international brand is officially establishing its presence in Qatar announcing a strategic...

Volvo acquires 45 percent of Chinese firm 06 Jan 2015 - 01:48 am

STOCKHOLM: Swedish truck maker Volvo Group said yesterday it had completed the acquisition of 45 percent of a subsidiary to Chinese motor giant...

KeyBS signs franchise deal with KBS Qatar 06 Jan 2015 - 01:46 am

DOHA: KeyBS, a leading technology provider for financial institutions, which recently entered into a franchise agreement with KBS Qatar, has announced to install...

QNB gets new global domain name QNB.com 06 Jan 2015 - 01:43 am

DOHA: QNB Group has revealed a key milestone in its global banking ambitions with the announcement of its new domain name QNB.com Starting...

RasGas delivers 1000th LNG cargo 05 Jan 2015 - 09:16 am

The crew of the vessel. DOHA: RasGas Company Limited (RasGas) last week delivered the 1000th liquefied natural gas (LNG) cargo to Petronet LNG...

QE index opens year on negative note 05 Jan 2015 - 09:14 am

DOHA: Qatari stocks opened the New Year on a negative note. The benchmark index closed 56 points or 0.46 percent down in the...

Audi Qatar records 46.7 percent growth in 2014 05 Jan 2015 - 08:31 am

Doha: Q-Auto, the official dealer for Audi in Qatar, announces a 46.7 percent growth increase in 2014. The increment represents the strongest growth...

High rents push inflation to 3.5pc 05 Jan 2015 - 02:49 am

By Mohamed Shoeb DOHA: Qatar’s inflation rose to 3.5 percent in the third quarter of 2014 on year-on-year basis triggered by rentals, data...

Qatar’s current account surplus to narrow down 04 Jan 2015 - 01:19 am

By Satish Kanady DOHA: Qatar’s current account surplus, which now stands large by international standards, is projected to narrow down going forward, separate...

Qatar’s non-hydrocarbon sector accounts for over half of GDP: QNB 04 Jan 2015 - 01:10 am

DOHA: Huge investments in major infrastructure projects and fast growing population will further spur Qatar’s non-hydrocarbon sector. In its latest research note on...

QE index gains 18.36pc in 2014 amid volatility 02 Jan 2015 - 02:28 am

DOHA: Weathering a volatile market cycle, Qatari bourse gained 18.36 percent in 2014, outperforming other regional markets. Despite falling oil prices and geopolitical...

Qatar’s trade surplus for Q3 at QR91.8bn, down 7pc 02 Jan 2015 - 12:20 am

DOHA: Qatar’s trade surplus (difference between the total value of exports and imports) for third quarter (Q3), 2014 stood at QR91.8bn ($25.2bn), down...

Trade surplus in Nov stands at QR24.9bn 01 Jan 2015 - 03:33 am

DOHA: Qatar’s trade balance of goods, which represents the difference between total exports and imports, in November 2014 showed a surplus of QR24.9bn...

Woqod to start engine oil production unit in Mesaieed 01 Jan 2015 - 12:16 am

Woqod’s lubricant products. BY MOHAMMAD SHOEB DOHA: Qatar Fuel (Woqod) to establish an engine oil production factory in Mesaieed Industrial City, according to...

Infiniti introduces world’s first light painting using cars 31 Dec 2014 - 05:21 am

Dubai: Infiniti Middle East has brought to life a ground-breaking, world’s first performance of light painting with cars – Inspired Light by Infiniti....

Qatar’s third quarter GDP estimated at QR193bn 31 Dec 2014 - 05:14 am

DOHA: Qatar’s nominal Gross Domestic Product (GDP) estimate for third quarter (Q3) of 2014 stood at QR193.08bn (about $53bn), up 4.1 percent compared...