Business

Capital Intelligence affirms QNB’s ‘AA-’ ratings 12 Mar 2013 - 04:57 am

DOHA: Capital Intelligence (CI), the international credit rating agency, has affirmed Qatar National Bank (QNB)’s Financial Strength Rating at ‘AA-’. The affirmation reflects...

Qatari bourse index rises by 0.28 percent 12 Mar 2013 - 04:57 am

Doha: Qatar Exchange pursued its upward trend, adding 23.47 points (or 0.28 percent) yesterday to advance to 8,544.41 points from 8,520.94 on Sunday....

European stocks end mixed 12 Mar 2013 - 04:56 am

LONDON: European stock markets closed yesterday with mixed but mainly weaker results as disappointing Chinese economic data offset positive job numbers out of...

Qatar’s quarterly debt issues expand policy arsenal 12 Mar 2013 - 04:55 am

DUBAI: Qatar’s plan to issue local currency government bonds every quarter should help it tackle three key issues at once: Managing liquidity in...

Egypt studies IMF bridging loan as crisis deepens 12 Mar 2013 - 04:55 am

CAIRO: Egypt is studying an IMF offer of a bridging loan, a finance ministry source said yesterday, as Cairo tries to weather a...

Strong years ahead for sukuk market, says S&P analyst 12 Mar 2013 - 04:55 am

DOHA: “Investor appetite is pushing Sukuk into mainstream,” Standard & Poor’s said in a report published yesterday. “Global issuance expanded for the fourth...

UK govt promotes London as Islamic finance hub 12 Mar 2013 - 04:54 am

DUBAI: The British government launched a campaign to promote London as a centre for Islamic finance, seeking to counter growing competition in that...

Shareholders approve QIIB’s $2bn sukuk 11 Mar 2013 - 12:15 am

The Chairman of QIIB Dr Sheikh Khalid bin Thani Al Thani (centre), Vice Chairman Sheikh Abdullah bin Thani Al Thani (left) and Chief...

Central Bank issues QR4bn debt to meet Basel III norms 11 Mar 2013 - 12:10 am

DUBAI: Qatar’s Central Bank yesterday issued QR1bn of local currency sukuk and QR3bn of local currency conventional bonds, as part of an adjustment...

Online platform to promote local businesses 11 Mar 2013 - 12:09 am

From left: The Chief Executive Officer of Gulf Expo Online, Mohammed Abdulla Al Obaidly, the Director General of Qatar Chamber, Remy Rohani, and...

GCC banks assets hit $1.47 trillion; Qatar leads with 15pc growth 11 Mar 2013 - 12:07 am

DOHA: The GCC banking sector continues to remain robust with assets increasing by 11 percent in 2012 to $1.47 trillion. Higher energy prices...

Seventh edition of MultaQa conference opens today 11 Mar 2013 - 12:07 am

DOHA: The seventh edition of the annual MultaQa Qatar conference, jointly organised by the Qatar Financial Centre (QFC) Authority and Global Reinsurance, is...

UDC signs QR795m deal to build The Pearl Qatar towers 11 Mar 2013 - 12:07 am

DOHA: United Development Company (UDC) has signed a QR795m ($218m) contract with a leading Qatari construction company to build the two Abraj Quartier...

Commercialbank holds workshop for SMEs 11 Mar 2013 - 12:06 am

Doha: Commercialbank, one of the leading full service banks in Qatar, collaborated with the College of North Atlantic, Qatar (CNA-Q) to host another...

Weekly Money Market Review with IBQ: Improvements in the US economy boosted markets 11 Mar 2013 - 12:05 am

The United States economy gained traction in the midst of a post-crisis environment, leading the financial markets towards recovery, as better than expected...

Risk management a priority 10 Mar 2013 - 04:18 am

The Managing Partner of Protiviti Qatar, Andrew North (left), and the Director of Protiviti Risk and Business Consulting Middle East, Simon Padgett. By...

WEF’s launches Executive Opinion Survey in Qatar 10 Mar 2013 - 04:17 am

From left: Sheikh Mohammed bin Faisal bin Qassim Al Thani, Dr Darwish El Amadi, and Sarah Abdullah at the press conference in Doha....

Luxury Network launched 10 Mar 2013 - 04:16 am

FROM LEFT: Khalid Ahmed Hassan Bilal, Polish Ambassador Robert Rostek, Chairman of Ahmed Hassan Bilal Trading and Contstruction Company Ahmed Hassan Bilal, the...