Business / Qatar Business

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...

Barwa Bank profits rise 4pc in first quarter 28 Jun 2015 - 01:00 am

DOHA: Barwa Bank’s net profit soared by four percent to reach QR209m for the first quarter of 2015 (Q1, 15), compared to QR201m...

QE market capitalisation rises to QR642.35bn 26 Jun 2015 - 01:09 am

Doha: Qatar Exchange index gained 235.28 points or 1.98 percent last week when the bourse closed yesterday at 12,133.23 points. Trading value last...

QP not to directly award contracts to affiliates 26 Jun 2015 - 01:08 am

DOHA: Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned...

IQ’s net income forecast to fall this year 26 Jun 2015 - 01:07 am

DOHA: Industries Qatar’s (IQ) net income for 2015 is forecast for a further fall. IQ’s net income was down from QR8.7bn in 2012/2013...

Ezdan Holding wins Forbes’ award 25 Jun 2015 - 10:25 am

Officials during the award ceremony. DOHA:Ezdan Holding Group has won Forbes magazine’s coveted “best Qatari company for diversified investments” title. At the award...

Banking sector pushes Qatar Exchange up 25 Jun 2015 - 10:24 am

Doha: Qatar Exchange index gained 71.60 points, or 0.59 percent when it closed trading at 12,162.04 points yesterday compared to 12,090.44 points on...