Business / Qatar Business

Ezdan Holding Group’s net profit rises to QR408.7m 07 Feb 2013 - 06:22 am

Doha: Ezdan Holding Group’s audited net profit of QR408.7m for the financial year ended December 31, 2012, is an increase by 18.32 percent...

UDC nets QR850m profit for 2012 07 Feb 2013 - 06:19 am

Hussein Al Fardan & Ebrahim Al Sulaiti DOHA: United Development Company (UDC) has recorded another strong performance with reported revenue of QR2.73bn for...

QIMC assets increase by QR1.53bn 07 Feb 2013 - 06:18 am

DOHA: The Qatar Industrial Manufacturing Company (QIMC) has recorded a net profit of QR208.2m in 2012, compared to QR206.2m in 2011.The 2012 full...

ASDA’A Burson-Marsteller to spearhead Beiersdorf’s PR 07 Feb 2013 - 06:16 am

Doha: Beiersdorf, best known as the company behind the world’s No. 1 skincare brand Nivea, has announced the appointment of ASDA’A Burson-Marsteller to...

North Gate project wins International Property Award 07 Feb 2013 - 06:16 am

DOHA: The North Gate project, currently under construction and represented by local Qatari company “Equinox SPC”, has won the “Best Retail Architecture 2012...

Qtel’s Asiacell IPO fully subscribed 07 Feb 2013 - 06:11 am

DOHA: Qtel’s subsidiary Asiacell has announced the successful completion of its share offer. The offering raised $ 1.27bn, representing 25 percent of its...

Qatalum inks supply deals with ALUNOOR, Qatar Aluminium 06 Feb 2013 - 07:20 am

Officials from Qatalum, Qatar Aluminium Extrusion and ALUNOOR during the signing ceremony. Doha: Qatalum, the Qatari aluminium smelter, has announced the signing of...

Wholesale, retail contribution to GDP grows by 5.1pc 06 Feb 2013 - 07:19 am

DOHA: The share of wholesale and retail trade sector in Qatari GDP has grown by 5.1 percent, according to Qatar Statistics Authority’s (QSA)...

Siemens and Qatar Steel sign deal for substation 06 Feb 2013 - 07:18 am

DOHA: Siemens has signed a complete turnkey solution contract with Qatar Steel Company (QSC) to build a high-voltage substation. The 220/66/33-kilovolt (kV) substation...

QP, JCCP hold environment symposium 06 Feb 2013 - 07:17 am

Japanese Ambassador Kenjiro Monji, Corporate Environment and Sustainable Developmet Manager at Qatar Petroleum Dr Ali Hamed Abdullah Al Mulla, Japan Cooperation Centre, Petroleum...

AUB completes sale of 29.4pc stake in Ahli Bank 06 Feb 2013 - 07:16 am

DOHA: Ahli United Bank BSC (AUB) yesterday announced the completion of the sale of its 29.4 percent stake in Ahli Bank Qatar (ABQ)...

Tasweeq, ENOC sign supply deal 05 Feb 2013 - 05:30 am

Saad Abdulla Al Kuwari and Tayyeb Al Mulla exchanging documents at the signing ceremony. DOHA: Emirates National Oil Company (ENOC) has signed a...

Combined net profit of banks crosses QR16bn 05 Feb 2013 - 05:30 am

DOHA: The collective net profits of Qatari banks totalled more than QR16bn ($4.38bn) in 2012, up from QR14.98bn ($4.1bn) in 2011, but analysts...

GCC construction insurance sector to surge 05 Feb 2013 - 05:26 am

DOHA: The GCC’s construction insurance sector is expected to see a surge starting this year, with the region set to invest more than...

al khaliji posts QR512.2m full year net profit 05 Feb 2013 - 05:25 am

DOHA: al khaliji bank yesterday released its consolidated financial statements for the year ended December 31, 2012 revealing a net profit of QR512.2m...

KPMG holds seminar on insurance regulations 05 Feb 2013 - 05:25 am

DOHA: More than 40 senior professionals from Qatar insurance sector converged on Sunday to receive an update on regulatory and financial reporting developments....

Non-hydrocarbon sector to perform better 04 Feb 2013 - 12:42 am

From left: Sheikh Mohamed bin Faisal bin Qassim Al Thani, Yousuf Al Jaida and Prashant Kumar at a press conference at the Qatar...

No takers for up to QR800m dividends 04 Feb 2013 - 12:42 am

DOHA: Listed companies have an estimated between QR600m ($164.3m) and QR800m ($219.17m) in unclaimed dividends that have accrued over the years as their...