Business / Qatar Business

Air Arabia takes delivery of sixth A320 this year 27 Dec 2012 - 09:32 am

Doha: Air Arabia, the first and largest low cost carrier in the Middle East and North Africa, announced yesterday that it has taken...

Ahli Bank, QIMC and Indian firm sign pact 26 Dec 2012 - 01:19 am

Abdul Rahman Al Ansari (third left), CEO, Qatar Industrial Manufacturing Company (QIMC); Mahmoud Malkawi (fourth left), Acting CEO, Ahli Bank (Ahli); and Hemant...

Qatar Insurance Group to set up holding firm 26 Dec 2012 - 01:19 am

DOHA: Qatar Insurance Group will set up a Holding Company to further expand the Group’s existing operations in both insurance and non-insurance sectors....

Milaha unit gets $95m financing from QIIB 26 Dec 2012 - 01:16 am

DOHA: Milaha Maritime and Logistics, a subsidiary of Milaha, secured financing “Ijara” of $95m from Qatar International Islamic Bank (QIIB). The funds will...

Shell, Venture Gulf sign supply deal 24 Dec 2012 - 10:40 pm

Officials of Qatar Shell and Venture Gulf Engineering at the signing ceremony. DOHA: Qatar Shell and Venture Gulf Engineering (VGE) signed an agreement...

Qatar’s fiscal surplus surges to QR118bn 24 Dec 2012 - 10:39 pm

DOHA: Qatar’s fiscal surplus for the first two quarters of 2012/13 financial year has surged to QR118bn. The surplus is QR64bn higher than...

QNB seeks approval to acquire entire shares of NSGB 24 Dec 2012 - 10:37 pm

Doha: Qatar National Bank (QNB) announced that it has submitted a request to the Central Bank of Egypt to get the approval over...

The First Investor gets Dealmaker of the Year award 24 Dec 2012 - 10:27 pm

Doha: The First Investor (TFI), the investment banking division of Barwa Bank Group, was given “Dealmaker of the Year Award” at the Finance...

Single firm launched to market petrochemicals 24 Dec 2012 - 10:10 am

The Minister of Energy and Industry and Chairman of the Muntajat H E Dr Mohammed bin Saleh Al Sada (centre) at a press...

IQ to merge marketing activities with Muntajat 24 Dec 2012 - 10:09 am

DOHA: Industries Qatar (“IQ” ), one of the region’s industrial giants with interests in the production, distribution and sale of a wide range...

GECF marks fourth anniversary 24 Dec 2012 - 10:08 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada and General Secretary of Gas Exporting Countries Forum (GECF) Leonid...

Economic outlook lifts ’13 growth forecast 24 Dec 2012 - 10:08 am

DOHA: Qatar has raised its forecast for economic growth and inflation for 2013 saying its growth will help push real gross domestic product...

QP renews membership in INJAZ board of directors 24 Dec 2012 - 10:06 am

DOHA: Qatar Petroleum (QP) has renewed its membership in the Board of Directors of INJAZ Qatar by handing over a cheque representing its...

GECF plans financial institution 23 Dec 2012 - 07:09 am

DOHA: The ensuing second summit of Gas Exporting Countries Forum (GECF) in Russia will discuss the launch of a financial institution to exclusively...

EU progress on banking, fiscal union slow 23 Dec 2012 - 07:07 am

Doha: A meeting of European finance ministers on December 13 yielded agreement on an initial step towards a centralised banking union and approved...

Mannai, Microsoft and Qtel offer Cloud service for SMEs 23 Dec 2012 - 07:06 am

Main speakers at the event from left: Sanjay Modak (Mannai), Adel Ali Al Malki (QNB), Moni George (Mannai), Mohammad Afaneh (Microsoft) and Kamran...

Pearl GTL wins innovative gas project award 23 Dec 2012 - 07:04 am

DOHA: The Pearl GTL plant has won the Most Innovative Gas Project of the year 2012. The second Oil and Gas Middle East...

QE snaps six-week losing streak; market capitalisation rises 21 Dec 2012 - 01:32 am

DOHA: Snapping a six -week bearish run, Qatar Exchange gained 111.37 points last week amid interests from foreign institutional buyers. The bourse gained...