Business / Qatar Business

QE extends rally, index gains 47.80 points this week 12 Jul 2013 - 05:21 am

DOHA: Qatar Exchange (QE) index extended its rally this week adding 47.80 points or 0.51 percent as the trading closed at 9,419.97 points...

Qatar to see bigger inflow of institutional investments 12 Jul 2013 - 05:20 am

DOHA: With MSCI putting Qatar on global investors’ radar by enhancing its market status to ‘Emerging’, the country is expected to witness new...

QNB H1 net profits up 15.1pc; India operations to begin soon 11 Jul 2013 - 05:48 am

DOHA: QNB Group, the Middle East’s leading lender, recorded a strong net profit of QR4.7bn for the first half of 2013 (H1 2013)...

Qatari expert appointed advisor to Russian fund 11 Jul 2013 - 05:48 am

DOHA: The Russian Direct Investment Fund (RDIF) has appointed three new members, including Ahmad Al Sayed, CEO, Qatar Investment Authority, to the fund’s...

Qatari institutions buy more shares in June 11 Jul 2013 - 05:47 am

Doha: Qatari institutions bought marginally more shares in June compared with the percentage of shares of the total value bought in May, according...

RasGas delivers first LNG cargo to Mexico 11 Jul 2013 - 05:46 am

DOHA: RasGas Company Limited (RasGas) achieved yet another milestone yesterday when the first delivery of Liquefied Natural Gas (LNG) arrived at the Manzanillo...

Investors warned of ‘dubious’ fund 11 Jul 2013 - 01:48 am

DOHA: QFC Regulatory Authority has strongly warned investors against a “$160m Investment Fund” which claims to be operating from Qatar. The regulatory authority...

Banks dominate GCC bond market 10 Jul 2013 - 09:33 am

DOHA: The banking sector continued to dominate GCC’s corporate bond market in Q2, 2013. The Qatar National Bank (QNB) helped prop up the...

Profit of Qatari firms expected to rise over 7pc in Q2, 2013 10 Jul 2013 - 09:31 am

DOHA: Qatari companies’ Q2, 2103 profits are forecast to increase by 7.3 percent on a year-on-year, mainly led by QNB, Ooredoo and Gulf...

Ali Ahmed named QNB acting CEO 10 Jul 2013 - 09:30 am

DOHA: The Board of Directors of Qatar National Bank (QNB) Group yesterday appointed Ali Ahmed Al Kuwari (pictured) as the Acting Chief Executive...

Helium2 plant at RasGas begins output 09 Jul 2013 - 12:15 am

Officials during a tour of RasGas’s Helium2 plant. DOHA: RasGas Company Limited (RasGas) yesterday announced that its recently completed Helium2 plant produced the...

Oxy Qatar, GDI sign QR273m deal 09 Jul 2013 - 12:14 am

Officials exchanging documents at the signing ceremony. DOHA: Occidental Petroleum of Qatar Ltd (Oxy Qatar) has signed a QR273m contract with Gulf Drilling...

Qatar to invest $140bn in infrastructure: Deloitte 09 Jul 2013 - 12:11 am

DOHA: Qatar plans to invest over $140bn in transport infrastructure in anticipation of the FIFA World Cup 2022. Plans to construct new roads...

QInvest’s QMAP funds included in RBC Investor platform 09 Jul 2013 - 12:10 am

DOHA: QInvest, Qatar’s leading investment bank has announced the inclusion of the QInvest Managed Account Platform (QMAP) funds to the global fund platform...

Qatar’s logistics industry set to grow manifold: Expert 08 Jul 2013 - 01:37 am

DOHA: Powered by Qatar’s huge investments in the infrastructure and transportation sectors, Qatar’s logistics industry is set to grow in a big way....

Minister of Finance becomes QNB Chairman 08 Jul 2013 - 01:24 am

Doha: Qatar National Bank announced yesterday the appointment of the Minister of Finance H E Ali Sherif Al Emadi as Chairman of QNB ...

Qatar Exchange announces Ramadan business hours 08 Jul 2013 - 01:23 am

Doha: Qatar Exchange (QE) announced yeterday that its official business hours during the holy month of Ramadan will be from 8.30am to 1.30pm,...

Weekly Money Market Review with IBQ: US jobs data reinforces expectations of early QE tapering 07 Jul 2013 - 11:54 pm

Last week the market revolved around the US Job report and several major Central Bank meetings. The ECB and BoE decisions to keep...