Business / Qatar Business

Qatar Petroleum and ExxonMobil make a significant gas discovery in Cyprus 28 Feb 2019 - 05:44 pm

Doha: Qatar Petroleum and ExxonMobil announced that they have made a significant natural gas discovery on the Glaucus-1 prospect, located in Block 10...

Women still lag in many areas, glaring disparity emerges in technology field 28 Feb 2019 - 12:37 am

DOHA: Women are still a long way off from achieving gender parity with men, according to a new report. The 2018 Global Gender...

Aamal posts QR1.28bn revenue for 2018 28 Feb 2019 - 12:37 am

DOHA: Aamal Company (Aamal), one of the Gulf region’s fastest growing diversified companies, reported QR1.28bn in total revenue for the full year 2018,...

QCB’s foreign exchange reserves at $49.3bn 28 Feb 2019 - 12:36 am

Qatar Central Bank’s (QCB) foreign exchange reserves rose 1.8 percent month-on-month to reach $49.3bn in December 2018, equating to 8.8 months of import...

UDC targets agriculture, other new sectors 28 Feb 2019 - 12:36 am

United Development Company (UDC), one of the leading real estate giants in Qatar, is set to enter into new industry verticals aiming to...

Beema records solid full year net profit for 2018 27 Feb 2019 - 08:55 am

Damaan Islamic Insurance Company (Beema) reported solid financial results for the full year 2018. The Company’s total amount of contributions reached QR332m, as...

QIIB’s $500m Sukuk oversubscribed by more than six times 27 Feb 2019 - 08:35 am

QIIB has announced the successful issuance of $500m Sukuk under the Bank’s Sukuk programme of $2.0bn. The offering was oversubscribed six times with...

UDC unveils plan to invest QR5.5bn in new projects 27 Feb 2019 - 08:33 am

United Development Company (UDC), the master developer of The Pearl-Qatar (TPQ), announced yesterday to invest QR5.5bn as part of its five-year business plan...

QIC to accelerate its global expansion drive 27 Feb 2019 - 08:29 am

QIC, the largest insurance company in the Mena region, announced yesterday its international expansion drive is set to further accelerate on the back...

Single Window System set to go online 27 Feb 2019 - 08:27 am

Investors trying to set up their businesses in Qatar will soon find it much easier to do so when the Single Window System...

ICC Qatar, QC to host workshop on trade finance 27 Feb 2019 - 08:25 am

The International Chamber of Commerce Qatar (ICC Qatar) in partnership with the Qatar Chamber (QC) will host its fourth banking workshop under the...

Mannai reports QR1bn EBITDA, QR10.7bn in revenue 27 Feb 2019 - 08:24 am

Mannai Corporation reported a net profit of QR407m on revenue of QR10.7bn for the year ended 31 December, 2018. The Company’s EBITDA for...

International expansions help Qatar insurers achieve growth rates; competition to weigh on 2019 earnings 27 Feb 2019 - 08:22 am

International expansions and acquiring of local businesses from foreign players have helped a section of Qatari insures to achieve healthy growth rates in...

Deals value creation becomes increasingly hard to find: PwC 27 Feb 2019 - 08:14 am

A PwC and Mergermarket study of 600 global senior corporate executives has found that only 61 percent of buyers believe their last acquisition...

Private sector proved its ability to overcome blockade: Dr Al Hajri 26 Feb 2019 - 02:07 am

DOHA: Qatar Chamber’s Board Member Dr Khaled Klefeekh Al Hajri said that Qatar has benefited from the siege thanks to the economic sound...

ASSETS Real Estate Development hosts office owners and retail partners at e18hteen Tower 26 Feb 2019 - 02:07 am

DOHA: ASSETS Real Estate Development, the innovative firm with iconic local and regional developments, celebrated the”Last 100 Days Rally” at the one of...