Business / Qatar Business

Masraf Al Rayan UK unit offers new schemes 24 Jul 2014 - 08:16 am

DOHA: Islamic Bank of Britain plc (IBB), a subsidiary of Masraf Al Rayan UK, has announced to extend its UK real estate finance...

Ooredoo posts QR1.7bn profit 24 Jul 2014 - 07:27 am

DOHA: Telecom major Ooredoo’s revenue touched QR16.5bn in the first half of 2014 (H1, 14), down 3 percent compared to a year ago....

GIS posts record H1 profit, net up 58pc 23 Jul 2014 - 02:26 am

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

Ezdan H1 profit up 50pc to QR718.12m 23 Jul 2014 - 02:21 am

One of the Ezdan projects in Qatar. DOHA: Ezdan Holding Group has reported its interim financials for the first half of this year...

Vodafone Qatar’s Q1 revenue up by 27pc 23 Jul 2014 - 02:20 am

DOHA: Vodafone Qatar delivered strong numbers in the first quarter ended June 30, 2014, as its revenue reached QR585m, reflecting a 27 percent...

Ehab Eshehawi is QIIB’s new COO 23 Jul 2014 - 02:19 am

DOHA: International Islamic (QIIB) has announced the appointment of Ehab Eshehawi (pictured) as its Chief Operating Officer (COO). Eshehawi’s appointment is part of...

Banks, real estate stocks lift QE index 1.29pc 23 Jul 2014 - 02:10 am

DOHA: Qatar Exchange (QE) benchmark index rose 1.29 percent on the support of banks and real estate stocks yesterday. QNB gained 2.18 percent...

Masraf Al Rayan profit up 10.1pc 23 Jul 2014 - 02:09 am

DOHA: Masraf Al Rayan has recorded a net profit of QR904m for the first half of 2014, an increase of 10.1 percent compared...

Bestway buys Co-op’s pharma business 23 Jul 2014 - 02:08 am

Doha: Bestway Group and The Co-operative Group have announced that they have acquired Co-op’s pharmacy business for a purchase price of £620m. The...

Monthly PPI rises marginally by 0.3pc 23 Jul 2014 - 02:08 am

DOHA: The Monthly Producer Price Index (PPI) for May 2014 stood at 170.3 (base 2006=100), showing a marginal increase of 0.3 percent over...

Woqod net profit rises 12.47pc to QR530m for H1 23 Jul 2014 - 02:08 am

DOHA: Woqod yesterday announced that its net profit (excluding minority interest) for the first half of 2014 exceeded QR530m, registering an increase of...

QCB real estate index touches record high 22 Jul 2014 - 08:14 am

By Satish Kanady DOHA: The Qatar Central Bank’s (QCB) real estate price index hit a record high in June 2014, surging to 230.6...

GDI signs contract with Dolphin Energy 22 Jul 2014 - 08:14 am

Ibrahim J Al Othman, CEO of GDI and Adel Ahmed Albuainain, General Manager, Dolphin Energy at the signing ceremony. DOHA: Gulf Drilling International...

QPMC, N-KOM in deal for building floating jetty 22 Jul 2014 - 08:13 am

Officials at the signing ceremony. DOHA: Nakilat-Keppel Offshore & Marine (N-KOM) has bagged a contract worth QR69m (about $18.95m) to design and construct...

Milaha records QR518m net profit for first half 22 Jul 2014 - 08:12 am

DOHA: Qatar Navigation Company (Milaha) recorded a net profit of QR518m for the first half of 2014 (H1, 14), a 10 percent year-over-year...

QFCRA bars former staff of a global bank from taking up jobs 22 Jul 2014 - 08:07 am

DOHA: The Qatar Financial Centre Regulatory Authority (QFCRA) has barred a former employee of QFC-registered international bank from taking up jobs in any...

Loan growth outpaces deposit growth in June: QNBFS 22 Jul 2014 - 08:05 am

DOHA: Loan growth has outpaced deposit growth in Qatar during the month of June 2014. After posting a growth of 0.4 percent month-on-month...

QIIB net profit grows by 10pc in H1 22 Jul 2014 - 07:03 am

Sheikh Dr Khalid bin Thani Al Thani (left) and Abdul Basit A Al Shaibei. DOHA: International Islamic’s (QIIB) financial portfolio grew by 25.7...