Business / Qatar Business

Ahli United Bank posts $502.2m net profit 31 Oct 2013 - 12:55 am

DOHA: Ahli United Bank (AUB) reported a net profit attributable to its equity shareholders of $502.2m for the nine months ended September 30,...

Commercial Bank posts QR1.30bn net profit 31 Oct 2013 - 12:53 am

DOHA: Commercial Bank of Qatar delivered a net profit of QR1.30bn for the nine months ended September 30, 2013. The bank’s total assets...

QFC Authority honoured with Best Financial Centre in Mideast award 31 Oct 2013 - 12:46 am

Doha: The Qatar Financial Centre Authority said yesterday that it has won the Global Investor/ISF magazine “Best Financial Centre in the Middle East”...

KPMG appoints Craig, Andreas as partners 31 Oct 2013 - 12:29 am

Doha: KPMG in Qatar yesterday announced the appointment of Craig Richardson (pictured left) as partner, Head of Tax, and Andreas Philippou (pictured right)...

Apicorp chief wins Newsmaker of the Year award 31 Oct 2013 - 12:06 am

Apicorp Chief Executive Ahmad bin Hamad Al Nuaimi (centre) receiving the award. Doha: Ahmad bin Hamad Al Nuaimi, Chief Executive & General Manager...

Qatargas delivers inaugural LNG cargo to CNOOC’s Zhuhai terminal 30 Oct 2013 - 01:15 am

Al Gattara LNG vessel docked at Zhuhai LNG terminal in China. DOHA: Qatargas has delivered the first cargo of Liquefied Natural Gas (LNG)...

Qatar Airways to place new orders in Nov 30 Oct 2013 - 01:13 am

DOHA: Qatar Airways, the launch customer for Airbus’s A350, expects the European planemaker to start delivering the aircraft by the second half of...

Qatar Central Bank real estate price index rises in September 30 Oct 2013 - 01:11 am

DOHA: The 2013 third quarter update of Qatar Central Bank’s (QCB) real estate price index underlines Qatar’s real estate market is on the...

New budget key for Qatar’s development, says Minister 30 Oct 2013 - 01:11 am

DOHA: Finance Minister H E Ali Sherif Al Emadi has said that Qatar’s 2014 annual budget will be very special for the country...

Al Khaliji’s net profit up 5.2pc to QR398.2m 30 Oct 2013 - 01:02 am

DOHA: Al Khaliji recorded a net profit of QR398.2m for the first nine months of 2013, an increase of 5.2 percent over its...

Qatar Navigation posts QR778m nine-month profit 30 Oct 2013 - 01:00 am

DOHA: Qatar Navigation Company (Milaha) recorded a net profit of QR778m for the nine months period ended September 30, 2013, up 22 percent...

More foreign investment to boost IPOs: QE 30 Oct 2013 - 12:56 am

DOHA: Qatar Exchange has submitted proposals to the government for higher limits on foreign ownership of listed stocks, which could encourage more companies...

Weekly Money Market Review with IBQ: Central banks’ expectations continue to drive markets 30 Oct 2013 - 12:04 am

The ramifications of the government shutdown continued to affect the US market conditions this week. Starting with warnings about the US credit rating,...

Barwa Bank sees sharp rise in profit 29 Oct 2013 - 04:41 am

Steve Troop (left), Chief Executive Officer of Barwa Bank, and Khalid Al Subeai, Chief Executive Officer of The First Investor (TFI), during an...

Qatar Rail to showcase project deals 29 Oct 2013 - 04:40 am

DOHA: The Qatar Railways Company (Qatar Rail), the company that oversees construction of Qatar’s multi-billion dollar integrated rail network, is to showcase the...

QIA eyeing emerging markets push 29 Oct 2013 - 04:39 am

DOHA: Qatar’s sovereign wealth fund is looking at more investments in emerging markets in order to diversify beyond developed nations, said a senior...

Turkish Islamic bank gets QFC licence 29 Oct 2013 - 04:39 am

DOHA: Kuwait Turkish Participation Bank Inc has been granted a licence by the Qatar Financial Centre (QFC) Authority, with effect from September 15...

Al Meera’s 9-month profit rises to QR90.9m 29 Oct 2013 - 04:38 am

Doha: Al Meera Consumer Goods Company yesterday disclosed the interim financial statements for the period ending September 30, 2013. The firm revealed a...