Business / Qatar Business

GDI doubles assets in three years 07 Mar 2014 - 12:34 am

Doha: Gulf Drilling International (GDI), a subsidiary of Qatar’s largest service group Gulf International Services, has doubled its operations from nine to 18...

Qatar banks record strong growth in GCC 06 Mar 2014 - 01:30 am

DOHA: Banks in Qatar recorded the highest year-on-year growth of 21.3 percent in loan books in the fourth quarter of 2014 (4Q13) in...

UDC, IPRA-GC in deal 06 Mar 2014 - 01:25 am

The Director of Central Authority Directorate at The Pearl Qatar (TPQ), Abdul Rahim Al Ibrahim (left); and the Vice President of Gulf Chapter...

Hilton Worldwide plans expansion in Qatar 06 Mar 2014 - 01:25 am

The officials of the Hilton Worldwide. DOHA: Hilton Worldwide, a leading global hospitality company, yesterday announced expansion plans in Qatar with the signing...

Qatar Steel signs iron ore pellets deal with Vale 06 Mar 2014 - 01:23 am

Jose Martins (left) and Ali bin Hassan Al Muraikhi signing the agreement. Doha: Qatar Steel yesterday announced it has signed an iron ore...

Italian Chamber opens in Qatar 06 Mar 2014 - 01:22 am

Qatari Business Association Chairman Sheikh Faisal bin Qassim Al Thani ( fourth left), Msheireb Properties Board Member Salah Al Jaidah (third right), Italian...

Sharaka Holdings opens Design Lounge 06 Mar 2014 - 01:20 am

Roberta Giorgetti (left) and Christopher Guy. Doha: Sharaka Holdings yesterday announced the opening of their Design Lounge showroom which will help the customers...

Qatar Cool to open third plant in West Bay 06 Mar 2014 - 01:07 am

DOHA: Qatar Cool, the leading provider of district cooling services in the country, will open its third plant in West Bay, with a...

Woqod gets new chairman 05 Mar 2014 - 12:56 am

H E Abdullah bin Hamad Al Attiyah (right) with Mohamed Khalifa Turki Al Sobai at the annual general meeting of Woqod yesterday.Abdul Basit...

Ooredoo Group posts QR33.9bn revenue in 2013 05 Mar 2014 - 12:56 am

DOHA: Ooredoo’s Group revenue increased 1.1 percent to QR33.9bn for the full-year 2013. Net profit attributable to Ooredoo shareholders for the year was...

Wadhwa Group in Qatar to promote new projects 05 Mar 2014 - 12:53 am

Wadhwa Group officials with an award. Doha: Representatives of premium real developers from India, The Wadhwa Group, are in Qatar to promote their...

Moody’s sees oil at $90 by 2020 05 Mar 2014 - 12:50 am

DOHA: Oil price scenario for the period until 2020 anticipates a gentle decline to $90 a barrel. Given the budgetary pressures are already...

Weekly Commodity Update: Uncertainty surrounding the pace of tapering process 04 Mar 2014 - 10:50 pm

By Ole S Hansen (Senior Client Advisor) Last week, the Dollar Index posted its worst monthly performance since five months, reaching a low...

Doha Bank eyes acquisition of foreign bank branches in India 04 Mar 2014 - 01:15 am

Doha Bank Chairman Sheikh Fahad bin Mohammad bin Jabor Al Thani (left) and Managing Director Sheikh Abdul Rehman bin Mohammad bin Jabor Al...

Hussain Ali Al Abdulla re-elected chairman of Masraf Al Rayan 04 Mar 2014 - 01:13 am

New board members of Masraf Al Rayan after the ordinary general assembly. DOHA: The newly-elected board of directors of Masraf Al Rayan has...

QP participates in Offshore Arabia 2014 04 Mar 2014 - 01:10 am

The Qatar Petroleum delegation at the stand. Doha: Qatar Petroleum (QP) is taking part in the 8th Offshore Arabia 2014 Conference and Exhibition,...

Mideast markets tumble, QE index down 0.92pc 04 Mar 2014 - 12:54 am

Doha: Middle East stock markets slid yesterday as a heightened threat of conflict between Ukraine and Russia triggered widespread selling, despite the benefit...

Muntajat opens five international marketing units 04 Mar 2014 - 12:53 am

DOHA: Muntajat BV, the international marketing arm of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has recently announced the opening of...