Business / Qatar Business

Doha Bank profit up 5.2pc at QR787m 17 Jul 2014 - 05:52 am

FROM LEFT: Doha Bank Chairman Sheikh Fahad bin Mohammad bin Jabor Al Thani, Managing Director Sheikh Abdul Rehman bin Mohammad bin Jabor Al...

QIB, Noor Bank, Warba Bank lead arrangers for $155m loan 17 Jul 2014 - 05:51 am

Saeed Alkhayareen, QIB Acting GM of Wholesale Banking, signing the deal documents in the presence of representatives and officials from the client’s side,...

Earnings optimism aids Qatar market 17 Jul 2014 - 05:44 am

DUBAI: Dubai’s bourse continued to lead the region up yesterday, even though builder Arabtec slowed its advance, while Nakilat in Qatar jumped on...

National Bank of Kuwait profit jumps 12.6pc in H1 17 Jul 2014 - 05:44 am

DOHA: National Bank of Kuwait (NBK) reported net profits of $514m (KD144.8m) for the first half of 2014 compared with $456m (KD128.5m) for...

Doha Festival City Mall to host Monoprix 17 Jul 2014 - 05:27 am

Doha: Doha Festival City, Qatar’s largest retail and leisure destination, is partnering with leading business conglomerate, Ali Bin Ali Group, to bring the...

Gross National Income for Q1 hits QR184bn 16 Jul 2014 - 06:25 am

DOHA: Quarterly estimates of Qatar’s Gross National Income (GNI at current prices) for the Q1, 2014 is placed at QR183.58bn ($50.41bn) witnessing an...

Porsche extends heritage of custom tailoring 16 Jul 2014 - 06:25 am

Doha: Porsche’s legacy of delivering the ultimate in individual exclusivity, craftsmanship and customer service is the focus of the currently set up Exclusive...

Qatar index hits 13,000 on earning expectations 16 Jul 2014 - 06:24 am

By Satish Kanady DOHA: Qatar bourse advanced broadly yesterday to hit the 13,000 mark on earnings expectations. The index rose by 0.85 percent...

QA seeks compensation over Airbus A380 delay 16 Jul 2014 - 06:24 am

FARNBOROUGH: Qatar Airways is demanding compensation from Airbus for failing to deliver its A380 aircraft on time, the airline’s boss said yesterday, calling...

Net profit of QIC up 53pc in H1 16 Jul 2014 - 06:22 am

DOHA: Qatar Insurance Company, the largest insurer of the country, has reported a net profit of QR635m (about $174.4m) for the first half...

Masraf Al Rayan clarifies stake sale in Seef Lusail 16 Jul 2014 - 06:21 am

DOHA: Masraf Al Rayan, one of the largest lenders of Qatar, clarified that the bank had made full disclosure of the sale of...

Nakilat’s first half profit jumps by 24pc 16 Jul 2014 - 06:21 am

DOHA: Qatar Gas Transport Company Limited (Nakilat) recorded a 24 percent jump in its net profit for the first half of 2014 (H1,...

Weekly Money Market Review with IBQ: United States QE programme would end in October 15 Jul 2014 - 11:54 pm

Last week global events took centre stage for investors, as weak industrial production data emerged across Europe also fears over Portugal’s banking sector...

QIB profit grows by 15pc to QR725m 15 Jul 2014 - 05:30 am

DOHA: Qatar Islamic Bank (QIB), the country’s largest Shariah-compliant lender by assets, posted a 15 percent year-on-year jump in its net profit. The...

QFC Authority amends tax rules, offers new incentive, tax relief 15 Jul 2014 - 02:10 am

DOHA: The QFC Authority has introduced innovative amendments to its existing tax regulations and tax rules. The amendments offers a unique incentive in...

Qatar overseas M&As at 46pc of Mideast deals 15 Jul 2014 - 02:06 am

DOHA: Qatar’s overseas acquisitions accounted for 46 percent of Middle Eastern mergers and acquisitions (M&A) activity during the first half of 2014, according...

Canon enhances IT skills of UAE youth 15 Jul 2014 - 02:04 am

Visitors at the camp. Doha: Canon Middle East, a world leader in imaging solutions, is supporting the International Computer Driving Licence programme (ICDL)...

ABCC sees momentum in GCC FDI outflow, Qatar boosts outflow 15 Jul 2014 - 01:58 am

DOHA: The Arab-Brazilian Chamber of Commerce (ABCC) has expressed strong optimism over the Middle East as source of investments after a report from...