Business / Qatar Business

Weekly Money Market Review with IBQ: Strong US dollar, albeit Sandy 05 Nov 2012 - 06:31 am

Markets started the week relatively slow, as Hurricane Sandy devastated the Northern East Coast of the United States. The storm disrupted transportation and...

After Hurricane Sandy, commodities switch focus to elections 05 Nov 2012 - 06:29 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Financial and commodity markets will be presented with a multitude of event risks over...

European bank lending in Qatar falls 19pc 04 Nov 2012 - 07:58 am

By Satish Kanady DOHA: The lending from European banks is falling significantly in Qatar and in other GCC countries as well. Qatar saw...

QNB provides 4.5pc for land financing with no payments for 6 months 04 Nov 2012 - 07:57 am

Doha: QNB, the leading financial institution in Qatar, and the Mena region, has announced the launch of a new campaign in which the...

Qatar plans $30bn tenders in 2013-14 04 Nov 2012 - 07:54 am

DOHA: Qatar will see an upsurge in project tenders and awards in the next two years, as the country enters the next crucial...

Algeria sops for energy investors 03 Nov 2012 - 05:52 am

ALGIERS: Algeria plans to start linking taxes on foreign energy firms to profits instead of turnover, according to draft amendments to its hydrocarbons...

QE market cap falls to QR467.4bn in October 02 Nov 2012 - 05:50 am

DOHA: Qatari equities rose marginally last month. The main index of the Qatari bourse added 36.28 points, or 0.43 percent, during October over...

Qatari firms disappoint investors 01 Nov 2012 - 05:30 am

DOHA: Qatari listed companies have failed to impress investors with their net profits that add up to QR28.5bn ($7.80bn) year-on-year in the first...

Qatar banks preparing for infrastructure boom 01 Nov 2012 - 05:28 am

DOHA: Qatari banks are bulking up to play a role in funding the country’s massive infrastructure expansion. But in a country which is...

Qatar Exchange rises by 0.29pc 01 Nov 2012 - 05:24 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 25.12 points (or 0.29 percent) to advance to 8,546.49 points from 8,521.37 on Tuesday....

International Islamic posts QR531m profit 31 Oct 2012 - 04:48 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani & Abdulbasit A Al Shaibei DOHA: Qatar International Islamic Bank (International Islamic) announced the...

Aamal’s Q3 net profit rises 37.6 percent 31 Oct 2012 - 04:47 am

DOHA: Aamal Company QSC (Aamal) yesterday announced nine-month and third quarter financial results for the period ended September 30, 2012. Driven by continuing...

QIC approves sale of over 7m shares to Qatar Holding 31 Oct 2012 - 04:47 am

DOHA: The Board of Directors of Qatar Insurance Company (QIC) has approved the sale of over 7 million shares to Qatar Holding, the...

Mawashi’s Q3 net profit reaches QR62m 31 Oct 2012 - 04:44 am

DOHA: Mawashi, Qatar’s Meat & Livestock Company, announced yesterday its financial results for the third quarter of 2012 with net profits reaching a...

Doha Bank plans selling shares in London 30 Oct 2012 - 03:02 am

DUBAI: Doha Bank, Qatar’s fifth-largest bank by market value, is considering selling shares in London as part of a plan to boost capital...

MasterCard unveils Arabic identity 30 Oct 2012 - 03:00 am

DOHA: With an objective to create enhanced brand affinity among Arab consumers in the Middle East and North Africa (Mena), MasterCard, has unveiled...

Doha Bank takes part in World Energy Forum 30 Oct 2012 - 02:51 am

Dubai: R Seetharaman (pictured), Doha Bank Group CEO, participated in a panel discussion at the recently concluded World Energy Forum, held in Dubai....

Glencore, Xstrata investors to vote on November 20 29 Oct 2012 - 04:01 am

LONDON: Investors in Glencore International and Xstrata, the commodity companies seeking to complete a $33bn combination by the end of the year, are...