‘Qatar Business’ Archives
Qatar bourse crosses 7,000 milestone on strong buying
Foreign institutions’ appetite for quality stocks gave a bullish momentum to the Qatari bourse, lifting it beyond the 7,000 mark in the week ended Thursday. Banks and industrial stocks particularly came in for strong attention which saw the 20-stock benchmark gain 1.12% to 7,029.45 points in the week. Al khaliji bank had said mid-week that [...]
UDC to sponsor CSR conference in September
United Development Company (UDC) will be the diamond sponsor of the second edition of Corporate Social Responsibility conference to be held in Doha in September. The conference, organised by the Ministry of Business and Trade, will examine the standards endorsed by the United Nations and aims to lay the necessary foundations for applying the [...]
Qatar Gas Transport Company Optimistic Of Building On Good Profit
Qatar (Doha) - Qatar Gas Transport Company Limited (Nakilat), riding on excellent first half financial results, is poised to maximize returns on scheduled deals and the finalization of agreements to deliver of around 25 vessels to clients, top company officials said on Thursday. The company reported QR 330,057 million profit for the six-month [...]
QIC set to float life and health subsidiary
DOHA: Qatar Insurance Company (QIC), the country’s largest underwriter, is set to launch a new subsidiary specialising in life and medical insurance before the end of this year, QIC Group President and CEO, Khalifa Abdullah Al Subaey told reporters here yesterday. He said the new company which will probably be registered with the Qatar [...]
Blowing the whistle
The leak of more than 90,000 US military files by whistle-blower website, WikiLeaks is one of the biggest in US military history. The London press conference by Julian Assange was also a rare public appearance for the WikiLeaks founder who has been dubbed "one of the most dangerous men in the world" by critics. To supporters he is a hero, the [...]
Qatar Stocks Advance on Earnings, Oil; Kuwait Index Declines
Qatar stocks rose for a third day, led by Industries Qatar and Commercial Bank of Qatar, as European stocks rallied on improving earnings and oil advanced for the first time this week. Industries Qatar, the second-biggest petrochemicals maker in the Middle East, climbed to the highest in a month after Securities & Investment raised its share [...]
Ferro Plans Debt as Profits Renew Investors’ Risk Appetite: New Bond Alert
Ferro Corp., the Cleveland-based maker of porcelain enamel for cookware and appliances, is marketing debt as investors gain confidence company profits will continue to grow. Ferro plans to sell $250 million of notes and use proceeds to redeem its convertible debt due in 2013, it said in a statement distributed by Business Wire. Sales of [...]
United Development Company to be Diamond Sponsor at Ministry for Business and Trade event
The United Development Company (UDC) will be the Diamond Sponsor of the 2nd Conference on Corporate Social Responsibility (CSR) to be held in Doha on September 28th and organized by the Ministry for Business and Trade.
Doha Bank seeks to strengthen its facilitator role for Asian businesses
SINGAPORE : Qatar's Doha Bank wants to strengthen its position as a facilitator of Asian businesses heading into the Middle East. The country's third biggest lender plans to grow its asset base from Asia by up to 15 per cent, come 2013. This is compares to a seven per cent growth seen in the last three years. The bank said there are [...]
Entrepreneurs urge business innovations
There are good prospects of generating more jobs in Qatar’s retailing sector if entrepreneurs are prepared to introduce innovation into their business activities, according to the promoters of a group which is launching a hypermarket that will be trading around the clock. Quality Hypermarket managing director Shamsudeen Olakara and executive [...]
