‘Qatar Business’ Archives
Elsewedy expected to benefit from abroad
Egypt's Elsewedy Electric is expected to benefit from improving demand in Saudi Arabia and Qatar's construction sector, AlembicHC said yesterday. "The Saudi Arabian and Qatari operations represent 19 per cent of the company's capacity and Doha Cables secured an order of more than 40,000 tonnes that should keep it busy for two years," said Hatem [...]
CSR conference set for October 3-4
Under the auspices of HE the Minister of Business and Trade Sheikh Jassim bin Abdulaziz bin Jassim bin Hamad al-Thani the third Conference on Corporate Social Responsibilities will be held in Doha on October 3 and 4 with the participation of international institutions such as the UN Global Compact (UNGC) and the International Finance Corp, a [...]
Qatar Exchange index up 20pc in first half this year
DOHA: Qatar’s main index rose more than 20 percent in the first half of this year as compared to the corresponding period of 2010 showing the bourse’s substantially improved performance. The index of Qatar Exchange was almost 6,900 points as on June 30 last year and jumped to 8,361 by June-end this year. The market capitalisation of the [...]
Qatar bourse snaps bearish spell; Saudi leads Gulf gains
The Qatar Exchange snapped four days of bearish spell to gain a marginal 0.07% yesterday. Mainly helped by local retail investors’ buying support, the 20-stock benchmark rose six points to 8,388.50 points. The market is however down 3.38% year-to-date. Doha Bank, QNB, Masraf Al Rayan and Ezdan were the prime gainers even as Commercialbank, al [...]
Research and Markets: Qatar Infrastructure Report Q3 2011 – Doha port project has moved a step closer to completion
Business Monitor International's Qatar Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Qatar's infrastructure industry. BMI View: Qatar's construction sector is expected [...]
Doha Bank’s first half profits rise by 14.3pc
DOHA: Doha Bank yesterday reported robust half-yearly (H1 of 2011) financials. The bank’s net profits were up 14.3 percent to QR702m over the corresponding period (first half) of 2010. The net profits in H1 of last year were 615m. “These are yet another outstanding results and clearly demonstrate that Doha Bank continues to perform through [...]
Doha Bank posts 14% rise in first half gains
Robust earnings from lending, insurance and investments as well as lower provisions for impairments saw Doha Bank report a 14% rise in its first half net profit to QR702.32mn. “This is another outstanding result and is clear demonstration that Doha Bank continues to perform through any business cycle,” its chairman Sheikh Fahad bin Mohamad [...]
Qatar implements tougher tyre rules
Following a September 15 change in the regulations covering automotive spare parts in Qatar, the importation of used tyres and certain new tyres into the Gulf state is now forbidden. Under the new rules, issued by the country’s Ministry of Environment, Ministry of Business and Trade and Ministry of Interior, no new tyres will be permitted to [...]
UAE equities fall, Kuwait hits lowest level since 2004
DUBAI - Abu Dhabi shares on Monday fell the most since March as Emirates Telecommunications Corp, the phone company known as etisalat, posted profit that missed analysts’ estimates. The ADX General Index retreated 0.9 per cent, the most since March 31, to 2,707.23. Dubai’s gauge lost 0.8 per cent to 1,533.23 points. Etisalat fell 1.4 per [...]
Investor confidence in UAE at ‘highest point’
DUBAI - Investor confidence has been at its highest level in the UAE and Singapore for the past one year regardless of the political and economic turmoil witnessed across the globe during the same period, the latest survey on investor attitudes released on Monday shows. The Friends Provident International, or FPI, Investor Attitudes report [...]
