Business / Qatar Business

OFID to expand operations 26 Jul 2015 - 12:15 am

H E Ali Sherif Al Emadi, Minister of Finance, at the 36th meeting of Opec Fund for International Development (OFID), in Vienna. DOHA:...

CI affirms Qatar’s sovereign ratings 26 Jul 2015 - 12:11 am

DOHA: The international credit rating agency, Capital Intelligence (CI), has affirmed Qatar’s Long-Term Foreign Currency and Local Currency Ratings of ‘AA-‘ and its...

Qatar bourse index down 98.23 points 23 Jul 2015 - 08:37 am

Doha: Qatar Exchange (QE) index dropped 98.23 points or 0.82 percent when the bourse closed yesterday at 11,911.31 points. The market capitalisation decreased...

Qatar Airways adds two new destinations in Pakistan 20 Jul 2015 - 05:03 pm

DOHA: Qatar Airways has added two new destinations in Pakistan on consecutive days - Sialkot and Faisalabad. Beginning from July 16, the airline...

GCC petrochemical prices decline in June, early July 20 Jul 2015 - 09:06 am

DOHA: The petrochemical prices dropped in June and early July driven by oil price weakness and return of supply after completion of seasonal...

GCC: Yields rise on US rate hike expectations 19 Jul 2015 - 09:06 am

DOHA: Increased expectations of a US rate hike has seen GCC bond yields pick up, while credit default swaps (CDS) rates continued to...

Qatari bourse index adds 56.28 points 16 Jul 2015 - 10:39 am

Doha: Qatar Exchange index gained 56.28 points, or 0.47 percent, when the bourse closed yesterday at 12,020.73 points. The market capitalisation increased to...

Woqod H1 net profit reaches QR540.9m 16 Jul 2015 - 10:38 am

DOHA: Qatar Fuel (Woqod) posted a net profit of QR540.9m for the first half of 2015 (H1, 15), up QR10.9m or two percent...

Strong fundamentals to push Qatar forward: QIF 16 Jul 2015 - 01:33 am

By Satish Kanady DOHA: Driven by strong fundamentals, Qatari market will continue to perform well. The government will continue with its infrastructure spending ...

Ministry of Economy recalls 2013 models of Toyota FJ Cruiser 15 Jul 2015 - 02:34 pm

DOHA: The Ministry of Economy and Commerce has recalled the 2013 models of Toyota FJ Cruiser due to a defect in the steering...

QIIB posts QR438m profit 15 Jul 2015 - 02:16 am

Sheikh Abdullah bin Thani bin Abdullah Al Thani and Abdulbasit Ahmed Al Shaibei DOHA: Qatar’s leading Islamic bank QIIB has announced a net...

Qatar Islamic Bank’s six month profit rises by 23 percent 15 Jul 2015 - 02:13 am

DOHA: Qatar Islamic Bank (QIB)’s net profit attributable to the shareholders of the bank touched QR895m for the six months period ended 30th...

Qatargas issues sustainability report 15 Jul 2015 - 02:13 am

Doha: Qatargas has issued its 2014 Sustainability Report, covering the company’s economic, environmental and social performance. The report, which is the fifth Sustainability...

Ezdan Hotels occupancy rate rises by 10 percent 15 Jul 2015 - 02:12 am

DOHA: Ezdan Hotels, Ezdan Holding Group’s subsidiarysaid that the occupancy rate at Ezdan Hotels and Suites has increased by 10 percent during the...

Doha Bank posts first half net profit of QR801m 15 Jul 2015 - 02:12 am

DOHA: Doha Bank posted QR801m net profit for the first half of 2015 (H1, 15) as compared to QR787m for the same period...

Masraf Al Rayan registers QR998m H1 net profit 15 Jul 2015 - 02:11 am

DOHA: Masraf Al Rayan has posted a net profit of QR998m during the first half of 2015, an increase of 10.46 percent compared...

Milaha CEO to retire in Sept 15 Jul 2015 - 02:07 am

DOHA: Milaha, a Qatar-based marine transport and logistics company, announced that its President and CEO, Khalifa Ali Al Hetmi, will retire in September,...

QIC Group posts 19pc growth in GWP in Q2 14 Jul 2015 - 10:30 am

Officials at the meeting. DOHA: Qatar’s leading insurer Qatar Insurance Company (QIC) has posted an impressive gross written premium (GWP) of QR3.81bn in...