Business / Qatar Business

QIIC records QR45.3m net profit 24 Oct 2012 - 07:34 am

Sheikh Abdullah bin Thani AI Thani & Ali Ibrahim AI Abdulghani DOHA: Qatar Islamic Insurance Company (QIIC) recorded QR45.3m aggregate net profits for...

Qatar’s non-mining sector records 8.5 percent growth 24 Oct 2012 - 07:34 am

By Satish Kanady DOHA: Giving clear signals that Qatar’s strategic plan to diversify its economy is bearing fruit, the country’s non-mining sector has...

Barzan Project reaches peak construction stage 24 Oct 2012 - 07:32 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with other officials during his visit. Doha: A senior delegation...

Doha Bank signs MoU with bullion brand PAMP 24 Oct 2012 - 07:15 am

DOHA: After the successful launch of the ‘Bullion Initiative’ by Doha Bank earlier this year, the bank has taken the next step forward...

Qtel completes Wataniya acquisition; NBK advises 24 Oct 2012 - 07:15 am

DOHA: Qtel has announced the completion of its mandatory tender offer for Wataniya Telecom. “Following approval from the Kuwait Capital Markets Authority and...

Liquidity prime concern for Mena investors 24 Oct 2012 - 07:14 am

DOHA: The latest QFC Authority/FTSE Global Markets Mena Asset Management Survey, shows that access to liquidity is the prime concern of the region’s...

Commercialbank posts QR1.56bn net profit 23 Oct 2012 - 04:42 am

DOHA: Commercial Bank of Qatar (Commercialbank) delivered strong results for the first nine months of 2012 recording a four percent increase in its...

Nakilat posts QR562m profit 23 Oct 2012 - 04:36 am

Doha: Qatar Gas Transport Company Ltd (Nakilat) disclosed the interim financial statement for the period ending September 30, 2012. The statements revealed a...

Barwa Real Estate Group records QR779m net profit 23 Oct 2012 - 04:35 am

DOHA: Barwa Real Estate Group reported a net profit of QR779m for the first nine months in 2012 compared with QR833m for the...

QFC introduces new regulations 23 Oct 2012 - 04:35 am

DOHA: The Qatar Financial Centre Authority (QFC Authority) yesterday announced it has issued important new regulations governing special purpose companies, holding companies and...

Al Wa’ab City re-launches construction of key projects 23 Oct 2012 - 04:35 am

DOHA: Al Wa’ab City, one of the largest privately owned real estate developments in Qatar, has officially announced the re-launch of construction works...

24 companies to showcase Qatar’s export potential at Dubai Big 5 23 Oct 2012 - 04:34 am

DOHA: Qatar Development Bank’s (QDB) export development agency, Tasdeer, is gearing up for showcasing Qatar’s exporting potentials at the upcoming international building and...

Weekly Money Market Review with IBQ: European Union summit disappoints the market 23 Oct 2012 - 04:27 am

The US Dollar lost its footing against most of its counterparts as risk appetite staged a return at the beginning of the week,...

Qtel Group revenues soar to QR25bn 22 Oct 2012 - 04:43 am

Sheikh Abdullah bin Mohammed bin Saud Al Thani (left) and Dr Nasser Marafih DOHA: Driven by its solid performances in Qatar, Iraq, Algeria,...

Ahli Bank nets QR367m profit till September 22 Oct 2012 - 04:41 am

DOHA: Ahli Bank QSC (ABQ) has reported a net profit of QR367m for the nine months ending September 30, 2012, recording a growth...

UDC net profit surges 14pc 22 Oct 2012 - 04:40 am

DOHA: United Development Company (UDC) has announced strong performance with its revenue recording QR2.076bn for the first nine months of 2012 compared with...

Woqod assets rise 19pc to reach QR8.3bn 22 Oct 2012 - 04:40 am

DOHA: Woqod’s net profit, after excluding minority interest, declined one percent for the first nine months of 2012, compared with the same period...

Qatar plans centre for industrial subcontracting and partnership 22 Oct 2012 - 04:34 am

DOHA: Enterprise Qatar (EQ) announced that its board of directors has approved the establishment of Qatar centre for industrial subcontracting and partnership, following...