Business / Qatar Business

UDC net profit rises 11pc in third quarter 26 Oct 2014 - 11:52 pm

DOHA: United Development Company (UDC), one of the leading Qatari public shareholding companies and master developer of The Pearl-Qatar, recorded a net profit...

Qatar stock index rises 78.35 points 26 Oct 2014 - 11:52 pm

Doha: Qatar Exchange index gained 78.35 points, or 0.58 percent, when the bourse closed at 13,544.04 points. The traded value declined to QR459.679m...

ExxonMobil Qatar participates in gas processing symposium 26 Oct 2014 - 11:51 pm

DOHA: ExxonMobil Qatar participated in the 4th International Gas Processing Symposium, organised by Qatar University’s Gas Processing Center. The event, held under the...

Producer Price Index falls in August 26 Oct 2014 - 11:50 pm

DOHA: The Monthly Producer Price Index (PPI) of the Industrial sector for August 2014 stood at 163.9, showing a decline of 2 percent...

Weekly Commodity Update : Crude oil could fall further 26 Oct 2014 - 11:47 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global stock markets have recovered strongly from the panic last week, while dollar...

GCC finance ministers, central bank chiefs meet to discuss joint strategy 26 Oct 2014 - 01:17 am

Qatar Central Bank Governor H E Sheikh Abdulla Saud Al Thani (left) and Finance Minister H E Ali Sheriff Al Emadi take part...

GWC posts 36.8pc rise in Q3 profit 26 Oct 2014 - 01:13 am

A worker at the Gulf Warehousing Company. DOHA: Gulf Warehousing Company (GWC) yesterday reported a net profit of QR102.4m ($28.1m) for the third...

Qatargas sells LNG cargo to China’s Jovo 26 Oct 2014 - 12:57 am

Vessel LNG Lerici at Ras Laffan port. DOHA: Qatargas sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and...

Qatar’s real estate transaction value hits QR37.2bn 26 Oct 2014 - 12:43 am

DOHA: Qatar’s overall real estate transaction value during the first nine months of 2014 rose by 15.2 percent to QR37.2bn, compared to QR32.3bn...

Nakilat’s nine-month profit grows by 25pc 26 Oct 2014 - 12:41 am

DOHA: Qatar Gas Transport Company Ltd (Nakilat) recorded a net profit of QR693m for the first nine months of 2014, up 25 percent...

China’s stimulus measures good for global economy: QNB Group 26 Oct 2014 - 12:37 am

Doha: China’s latest stimulus measures seem to have been enough to avoid a hard landing, says a weekly report by the QNB Group...

Bestway Group completes Co-operative’s pharma buyout 26 Oct 2014 - 12:36 am

Doha: Bestway Group has taken formal control of the Co-operative Group’s pharmacy business. This follows July’s announcement of the £620m deal. The Group...

Qafco initiates pilot plant for diversification 24 Oct 2014 - 04:15 am

Qafco CEO Khalifa A Al Sowaidi and NIIK President and CEO Igor Esin shake hands after signing the contract. DOHA: Qafco and NIIK...

Qatar accounts for 45pc Mideast outbound M&A 23 Oct 2014 - 01:16 am

DOHA: Qatar’s overseas acquisitions accounted for 45 percent of Middle Eastern outbound Mergers and Acquisitions (M&A) activity during the first nine months of...

Inflation rate expected to touch 5.5pc 23 Oct 2014 - 01:13 am

Shady Shaher, (right) and Marios Maratheftis during the Global Research Media Briefing yesterday. Kammutty VP BY MOHAMMAD SHOEB DOHA: Qatar’s inflation rate in...

QP hosts team from Kuwait Oil Company 23 Oct 2014 - 01:10 am

Doha: Qatar Petroleum (QP) recently hosted a delegation from Kuwait Oil Company (KOC) who visited Qatar to gain insights on QP’s marine activities...

Qatar Islamic Insurance net profit grows by 22 percent 23 Oct 2014 - 01:04 am

DOHA: Qatar Islamic Insurance’s net profit attributable to the shareholders stood at QR61,884 for the third quarter ended September 2014, up 22 percent...

QIC registers QR780m profit for 9 months 23 Oct 2014 - 01:02 am

DOHA: The Qatar Insurance Company (QIC) recorded QR780m net profit, after excluding minority shares, for nine months ended September 2014 reflecting an increase...