Business / Qatar Business

UDC approves election of new directors 25 Feb 2013 - 01:29 am

DOHA: United Development Company (UDC), leading Qatari public shareholding company and the master developer of The Pearl-Qatar, yesterday announced that the annual general...

QE launches LP activities to enhance weak stocks 25 Feb 2013 - 01:28 am

DOHA: Qatar Exchange (QE) yesterday announced its decision to launch “Sponsored Action” and the “Liquidity Provider” facilities at the bourse. While the ‘sponsored...

QIC seeks to increase capital 25 Feb 2013 - 01:28 am

DOHA: Qatar Insurance Company( QIC) has sought the approval of the Ministry of Business & Trade to increase its capital after distribution of...

Qatar Shell ties up with QDB to support SMEs 25 Feb 2013 - 01:28 am

Doha: Qatar Shell has partnered with Qatar Development Bank (QDB) to open the doors for local Small to Medium Enterprises (SMEs) to supply...

Qatar Holding to seek credit ratings this year 25 Feb 2013 - 01:21 am

LONDON: Qatar Holding, the investment arm of Qatar’s sovereign wealth fund, is to seek credit ratings this year. The fund, which has stakes...

GCC Regulators’ Summit today 25 Feb 2013 - 01:21 am

Doha: The two-day 7th GCC Regulators’ Summit will begin here today at the St Regis Hotel. The summit will be attended by over...

Weekly Commodity Update: Crude oil corrects and gold meets the death cross 25 Feb 2013 - 01:19 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) The weakness seen during the last month in most agriculture commodities which then carried...

IIF event concludes 24 Feb 2013 - 02:33 am

From left: The Minister of Economy and Finance H E Yousuf Hussein Kamal, National Bank of Kuwait Chief Executive Officer Ibrahim Dabdoub and...

IQ ensures extra 10pc shares 24 Feb 2013 - 02:32 am

DOHA: Industries Qatar (IQ) has confirmed that the QR550m equity restructuring proposed by the Board of Directors will result in the company’s shareholders...

Doha to host 7th GCC Regulators’ Summit on Monday 24 Feb 2013 - 02:31 am

Doha: The Seventh GCC Regulators’ Summit is set to be held in Doha on February 25-26 at the St. Regis Hotel here. The...

Income tax exemption a boost to soon-to-be launched ETF on QE 24 Feb 2013 - 02:24 am

DOHA: The Cabinet decision to approve a draft law that exempting non-Qatari investors from the income tax would be a fillip to the...

GCC inflation at moderate 3pc in 2012 24 Feb 2013 - 02:23 am

Doha: The GCC region witnessed a moderate 3 percent inflation in consumer prices during 2012, down from 3.7 percent in 2011, according to...

KPMG named best Islamic finance adviser by Euromoney 24 Feb 2013 - 02:20 am

DOHA: KPMG has been named ‘Best Islamic Assurance and Advisory Services Provider’ in the 2012 Euromoney Islamic finance awards. This marks the sixth...

IQ nets QR8.4bn profit in ’12 22 Feb 2013 - 06:06 am

DOHA: Industries Qatar (IQ), one of the region’s industrial giants with interests in the production, distribution and sale of a wide range of...

QE suspends trading of Salam Intl shares 22 Feb 2013 - 06:03 am

Doha: Qatar Exchange (QE) suspended as of yesterday and till further notice, trading of Salam International shares following a directive issued by Qatar...

Doha Bank to raise capital by 50pc 21 Feb 2013 - 10:07 am

Sheikh Abdul Rahman bin Mohammad bin Jabor Al Thani (third left), Managing Director, Doha Bank, addressing the shareholders meeting at the headquarters of...

QIIB lines up $2bn sukuk programme 21 Feb 2013 - 10:05 am

DOHA: Qatar International Islamic Bank (QIIB) is looking to set up a $2bn sukuk programme. The Bank’s Board has submitted its recommendation to...

Qatar Exchange to function at new office from March 4 21 Feb 2013 - 10:05 am

DOHA: Qatar Exchange (QE) has announced that its headquarters will be moving to Al Dana Tower, West Bay, opposite to City Center Shopping...