Business / Qatar Business

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...

Qatari, Moroccan companies sign deals worth QR100m 19 Oct 2014 - 12:43 am

Qatari and Moroccan officials exchanging the contracts. DOHA: Qatar Development Bank (QDB) yesterday announced that joint meetings between Qatari exporters and Moroccan importers...

World economy stares at Great Deflation: QNB 18 Oct 2014 - 11:46 pm

Doha: A significant decline in commodity prices in recent weeks—coupled with a worsening global economic outlook and major corrections in global equity markets—could...

Vodafone to give free Net service to Alfardan Towers 18 Oct 2014 - 11:42 pm

Doha: Alfardan Properties has entered into a partnership with Vodafone Qatar to provide complimentary Internet connection with a speed of 10 Mbps to...

RasGas Milestones Gallery opens 17 Oct 2014 - 02:56 am

H E Dr Al Sada visiting the RasGas Milestones Gallery with RasGas’ directors and the Executive Leadership Team. DOHA: The Minister of Energy...

QCB absorbs QR16bn liquidity through T-Bond 17 Oct 2014 - 02:53 am

By Satish Kanady DOHA: The Qatar Central Bank’s (QCB) active liquidity management initiatives have helped absorb QR16bn liquidity from the country’s financial system...

QFC banks record rapid growth in 2013 17 Oct 2014 - 02:44 am

DOHA: Banks operating in the Qatar Financial Centre (QFC) saw rapid growth in 2013. The size of the QFC banking sector grew by...

Cross-border banks’ assets shift from Europe to Mena 17 Oct 2014 - 02:44 am

DOHA: The geographical distribution of Qatar banks’ cross-border assets witnessed a shift in 2013. The share of European assets steeply declined from over...

Cofely Besix Mannai Facility Management gets QP contract 17 Oct 2014 - 02:43 am

DOHA: Qatar’s leading facilities management company, Cofely Besix Mannai Facility Management (CBMFM), a subsidiary of Mannai Corporation, has been awarded its first contract...

QA signs deal with Gulfstream 16 Oct 2014 - 01:16 am

Business jet Gulfstream. DOHA: Qatar Airways (QA) signed a Memorandum of Understanding (MoU) with Gulfstream Aerospace for the purchase of up to 20...

QInvest leads surge in global sukuk activity 16 Oct 2014 - 01:15 am

DOHA: QInvest, Qatar’s leading investment bank and prominent Islamic financial institution, has been at the forefront of global sukuk activity in 2014. It...

IndiGo to buy record 250 Airbus planes 16 Oct 2014 - 01:13 am

The Airbus A320neo (New Engine Option) takes off during its first flight event in Colomiers near Toulouse, southwestern France, last month. NEW DELHI/PARIS:...

Toyota recalls 1.67m Toyota, Lexus cars 16 Oct 2014 - 01:13 am

Toyota Motor’s new SUV Lexus NX 200t leaving an assembly plant in Miyawaka, Fukuoka Prefecture on Kyushu Island, southwestern Japan. TOKYO: Japan’s Toyota...

‘Banks should fight against financial crime’ 16 Oct 2014 - 01:11 am

Doha Bank Group CEO Seetharaman speaking at the fifith US-Mena Private Sector Dialogue on correspondent banking at BNY Mellon, New York. DOHA: The...