Business / Qatar Business

QIB net profit grows by 16pc to QR1.13bn 21 Oct 2014 - 08:34 am

DOHA: Qatar Islamic Bank’s (QIB) nine-month net profit, ended September 30, 2014, attributable to the shareholders reached QR1.13bn, representing a growth of 16...

Sheikh Khalid selected to the board of Georgetown initiative 21 Oct 2014 - 08:28 am

DOHA: Sheikh Khalid bin Thani Al Thani (pictured), the chairman of Ezdan group and managing director of Qatar International Islamic Bank, is among...

QIA buys a fifth of Hong Kong retailer 21 Oct 2014 - 08:27 am

The Sogo department store in Hong Kong. Lifestyle International Holdings operates a number of retail outlets including the Sogo department store in Hong...

QInvest sees growth of investment interest in real estates 21 Oct 2014 - 08:26 am

DOHA: QInvest, Qatar’s leading investment bank, has witnessed a marked growth of investor interest in the GCC real estate sector. Participating in a...

Qatargas celebrates 5000th cargo 21 Oct 2014 - 08:25 am

Officials celebrating the loading of 5000th cargo of Qatargas. DOHA: Qatargas achieved yet another significant milestone when its Ras Laffan Terminal Operations (RLTO)...

MPHC’s profit hits QR1.4bn 21 Oct 2014 - 08:23 am

DOHA: Mesaieed Petrochemical Holding Company (MPHC) recorded a net profit of QR1.4bn for the nine months period ended September 30, 2014. An interim...

Masraf Al Rayan profit up 14.1pc to QR1.42bn 21 Oct 2014 - 08:22 am

DOHA: Masraf Al Rayan recorded a net profit of QR1.42bn for the period ended September 30, 2014, up 14.1 percent compared to a...

Al Khaliji Q3 net profit up 35pc at QR145.9m 21 Oct 2014 - 08:21 am

DOHA: Al khaliji (KCBK), in Qatar, yesterday announced its financial results for the third quarter of 2014, reporting a net profit of QR145.9m...

Qatar Exchange index drops 21 Oct 2014 - 12:14 am

Doha: Qatar Exchange index swung back to red zone yesterday, losing 185.12 points (-1.41 percent) when the bourse closed at 12,962.67 points. The...

GIS posts highest Q3 year-to-date revenue 21 Oct 2014 - 12:09 am

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

International Islamic’s net profit up by 10pc 19 Oct 2014 - 11:05 pm

Sheikh Dr Khalid bin Thani bin Abdullah bin Thani Al Thani (left) and Abdulbasit A Al Shaibei. DOHA: International Islamic’s nine-month net profit...

Qatar banks’ loan book on growth path 19 Oct 2014 - 11:03 pm

DOHA: Qatar banks’ loan book increased by 4 percent month-on-month, while deposits increased by 1.9 percent in the month of September 2014. Public...

Toyota C-HR concept unveiled at Paris show 19 Oct 2014 - 11:02 pm

Toyota C-HR concept at the Paris Motor Show. Doha: Toyota unveiled its C-HR concept hybrid compact crossover at the Paris Motor Show recently...

Qatar stocks rebound, up 1.59pc 19 Oct 2014 - 10:59 pm

DOHA: Qatar stocks rebounded yesterday after a sell-off in the past week that shaved 6.43 percent off the benchmark index amid broader global...

Saudi bank shares go on sale in largest IPO worth $6bn 19 Oct 2014 - 10:58 pm

RIYADH: Shares in National Commercial Bank went on sale yesterday in Saudi Arabia’s largest-ever initial public offering, which at $6bn is also one...

Real estate sector set for giant leap: Al Asmakh 19 Oct 2014 - 10:58 pm

DOHA: The announcement of mega projects at Qatar’s prestigious The Pearl-Qatar and Lusail City signals Qatar’s real estate sector is fast recovering. The...

Qatar’s insurance sector in upbeat mood 19 Oct 2014 - 12:46 am

By Satish Kanady DOHA: The gross written premium (GWP) of Qatar’s five listed insurance companies stood at $1.4bn last year. The density of...

Catalyst Qatar buys Germany’s Kunst Stoff 19 Oct 2014 - 12:44 am

Officials signing the agreement in Berlin. DOHA: Catalyst Qatar, a company involved in the design and development of software applications and games, announced...