Business / Qatar Business

Qatar index hits 13,000 on earning expectations 16 Jul 2014 - 06:24 am

By Satish Kanady DOHA: Qatar bourse advanced broadly yesterday to hit the 13,000 mark on earnings expectations. The index rose by 0.85 percent...

QA seeks compensation over Airbus A380 delay 16 Jul 2014 - 06:24 am

FARNBOROUGH: Qatar Airways is demanding compensation from Airbus for failing to deliver its A380 aircraft on time, the airline’s boss said yesterday, calling...

Net profit of QIC up 53pc in H1 16 Jul 2014 - 06:22 am

DOHA: Qatar Insurance Company, the largest insurer of the country, has reported a net profit of QR635m (about $174.4m) for the first half...

Masraf Al Rayan clarifies stake sale in Seef Lusail 16 Jul 2014 - 06:21 am

DOHA: Masraf Al Rayan, one of the largest lenders of Qatar, clarified that the bank had made full disclosure of the sale of...

Nakilat’s first half profit jumps by 24pc 16 Jul 2014 - 06:21 am

DOHA: Qatar Gas Transport Company Limited (Nakilat) recorded a 24 percent jump in its net profit for the first half of 2014 (H1,...

Weekly Money Market Review with IBQ: United States QE programme would end in October 15 Jul 2014 - 11:54 pm

Last week global events took centre stage for investors, as weak industrial production data emerged across Europe also fears over Portugal’s banking sector...

QIB profit grows by 15pc to QR725m 15 Jul 2014 - 05:30 am

DOHA: Qatar Islamic Bank (QIB), the country’s largest Shariah-compliant lender by assets, posted a 15 percent year-on-year jump in its net profit. The...

QFC Authority amends tax rules, offers new incentive, tax relief 15 Jul 2014 - 02:10 am

DOHA: The QFC Authority has introduced innovative amendments to its existing tax regulations and tax rules. The amendments offers a unique incentive in...

Qatar overseas M&As at 46pc of Mideast deals 15 Jul 2014 - 02:06 am

DOHA: Qatar’s overseas acquisitions accounted for 46 percent of Middle Eastern mergers and acquisitions (M&A) activity during the first half of 2014, according...

Canon enhances IT skills of UAE youth 15 Jul 2014 - 02:04 am

Visitors at the camp. Doha: Canon Middle East, a world leader in imaging solutions, is supporting the International Computer Driving Licence programme (ICDL)...

ABCC sees momentum in GCC FDI outflow, Qatar boosts outflow 15 Jul 2014 - 01:58 am

DOHA: The Arab-Brazilian Chamber of Commerce (ABCC) has expressed strong optimism over the Middle East as source of investments after a report from...

Qatar Exchange index gains 108.7 points 15 Jul 2014 - 01:58 am

Doha: Qatar Exchange index gained 108.7 points, or 0.84 percent, when trading closed at 19,990.4 points yesterday. The traded value increased to QR536,142,947.38...

Al Rifai, Al Homaizi settle differences 15 Jul 2014 - 01:57 am

Doha: As part of an amicable settlement reached between the parties, Al Homaizi and Al Rifai have settled their differences and all litigations...

Masraf Al Rayan exits investment in Seef Lusail 15 Jul 2014 - 01:56 am

DOHA: Masraf Al Rayan announced yesterday it has entered into an agreement to sell its equity stake in Seef Lusail Real Estate Development...

Sheikh Salman is QFC Authority’s new CFTO 14 Jul 2014 - 02:29 am

DOHA: The Qatar Financial Centre Authority (QFC Authority) has announced the appointment of Sheikh Salman Bin Hassan Al Thani (pictured) as its Chief...

Private sector to boost power deals 14 Jul 2014 - 01:57 am

DOHA: The increasing role of the private sector in both power generation and water could boost opportunities for large-scale transactions in Mena in...

For high networth, growing business dominant goal in the Middle East 14 Jul 2014 - 01:55 am

DOHA: Standard Chartered Private Bank, in partnership with Campden Wealth Research, yesterday launched “Business Before wealth”, a report on the wealth management needs...

Toyota Avanza redefines compact MPV segment 13 Jul 2014 - 07:08 am

Doha: The launch of the Toyota Avanza in the Middle East marks the entry of a supremely practical vehicle set to redefine the...