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QNB Group: GCC projects underpin sustainable development and diversification
GCC countries have grown strongly in recent years. High hydrocarbon prices and increased oil and gas production in some countries have boosted national incomes and provided governments with large...
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S&P Dow Jones moves Qatar to its Emerging Market Index as of 22 Sep
Standard & Poor's (S&P) Dow Jones announced that the decision issued in October of last year to upgrade the classification of the Qatari market from frontier to emerging market status will be...
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Industries Qatar halts Al Sejeel petrochemical plant
Industries Qatar, the state-controlled petrochemical and steel producer, put on hold plans to build the Al Sejeel petrochemical plant as it seeks alternative investments, the company said today in a...
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Kulluna celebrates second anniversary
Kulluna, the national health and safety awareness campaign, recently held a celebratory event at The Sharq Village and Spa to thank its media supporters for their contribution to making the campaign a...
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Sobha Group signs AED 500 million corporate finance deal with Doha Bank
Doha Bank, Corporate Finance division has successfully closed a corporate finance deal of AED 500mn with Sobha Group of Dubai, with a syndicated facility of AED 800mn for the Sobha Hartland...
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Qatar’s non-hydrocarbon sector now accounts for over half of GDP
The non-hydrocarbon sector in Qatar continues to drive economic growth, pushing its share of GDP to over half (50.7%) in Q3 2014 for the first time from 49.0% in Q2 2014. Real GDP growth accelerated to...
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Ahlibank announced a net profit growth of 14.4% for the year ended 2014
Ahli Bank Q.S.C. (ABQK) reported a net profit of QR 601.3 million for the year 2014, as against the net profit of QR 525.7 million of 2013, recording a growth of 14.4%.The bank’s financial performance...
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GOIC publishes the GCC Petrochemicals Industries’ Guide
The Gulf Organization for Industrial Consulting (GOIC) announced that the petrochemicals industries in GCC countries have jumped in value and strengthened their status as a fundamental resource in the...
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QIB hosts the exclusive premier launch of Knight Frank Wealth Report 2015
Qatar Islamic Bank (QIB) – Qatar’s leading Islamic Bank – has held an exclusive event for its private banking customers at Four Seasons Hotel in Doha, when for the first time in Qatar, Knight Frank...
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QIB Relationship Managers participate in training on Wealth & Investment...
Qatar Islamic Bank (QIB) – Qatar's leading Islamic bank, in cooperation with the Qatar Finance and Business Academy – has held a training programme for its ‘Tamayuz’ and Private Banking relationship...
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Expert from Veeam: Companies in Qatar need to evolve to Always-On Businesses
Connectivity is driving a revolution in the way that companies address their IT needs. Gone are the days when businesses could operate from 8:00am to 5:00pm and still be successful. In today’s hyper...
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Ooredoo reports 1H 2015 revenue of QAR 16 billion
Ooredoo Q.S.C. (“Ooredoo”) - Ticker: ORDS.QA today announced results for the six months ended 30 June 2015.Financial and Operational Highlights: Quarterly AnalysisHalf Year AnalysisQ2 2015Q2 2014%...
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Data growth remains a key concern for CIOs in Qatar
The impact of the cloud, mobile, exploding volumes of data, and the need to modernize legacy systems are driving new data requirements. Attendees in Doha, Qatar heard from senior executives at...
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Wipro to expand presence in Qatar
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced plans to expand its workforce over the next twelve months in Qatar, a...
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Qatar commits to invest $35bn in the US
Qatar has committed to spend $35 billion in the United States over the next five years, continuing the Gulf Arab state's diversification from investments traditionally focused on Europe, said Reuters....
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Turki Bin Faisal: We seek to provide a full range of e-commerce services
Sheikh Turki Bin Faisal Al Thani, Chairman of Catalyst LLC, incorporated in the State of Qatar, announced during his participation at Qatar's E-Commerce Forum 2015, that markets around the world have...
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Gas market recovery likely to start in 2016
The gas market is likely to begin to recover in 2016, which is "positive" for Qatar and other energy producers in the Gulf Co-operation Council (GCC) in the long term, experts told Euromoney Qatar...
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QIIB signs joint venture agreement with CIH Bank to establish a bank in Morocco
Qatar International Islamic Bank (QIIB) has announced that it has signed a joint venture ("JV") agreement with CIH Bank S.A. (Credit Immobilier et Hotelier), a Moroccan bank, for the establishment of a...
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London property discount attracts Qatari investors
There’s a new opportunity for Qatari investors. As the U.S dollar continues to appreciate and oil prices are driven lower, investors begin to look further afield for investments to make their money...
View ArticleQatar fund set to buy major stake in Ireland’s Eir
Qatar’s sovereign wealth fund is set to buy a major stake in Irish telecoms firm Eir, the Irish Times reported on Thursday, in a move that would likely support its plans to hold off from a stock market...
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