‘Qatar Investment Incentives’ Archives
Al Rayan Investment plans three funds
DOHA: Al Rayan Investment LLC, a wholly-owned subsidiary of Masraf Al Rayan (MAR) is to launch three funds focusing on both equities and debts soon, Al Rayan Investment Director for Institutional Sales and Business Development, Abdulaziz Al Muftah told reporters here yesterday. “We are working on structuring these funds and we will declare [...]
Latham set for Middle East boost with hire of Al Tamimi’s Qatar head
Latham & Watkins is on course to boost its Middle East practice after signing up the Qatar head of leading regional law firm Al Tamimi & Co. Corporate commercial partner Ahmad Anani is expected to join the US-based law firm later this year as a partner in the Doha office, although his hire remains subject to local regulatory [...]
Renewing Mandate of African Union-United Nations Hybrid Operation in Darfur, Security Council Demands End to Fighting, Attacks on Peacekeepers, Civilians
The Security Council this morning renewed the mandate of the African Union-United Nations Hybrid Operation in Darfur (UNAMID) for 12 months while demanding that the parties to the conflict in the region immediately end the fighting as well as attacks on civilians, peacekeepers and humanitarian personnel. Unanimously adopting resolution 1935 [...]
Middle East ripe for corporate aviation growth
Last week’s Farnborough International Airshow may have held few big surprises apart from the sweltering summer heat on the days I was there. But it did provide some interesting pointers for corporate aviation and the regions that promise the greatest growth. Not least of these were the orders for Bombardier business jets. During the week of [...]
MultiPlan Offers Debt in Busiest July Since at Least ’98: New Issue Alert
MultiPlan Inc., the health-care cost-management company being acquired by BC Partners Ltd. and Silver Lake, is marketing debt in the busiest July for corporate bond sales since at least 1998. MultiPlan may sell $650 million to $675 million of bonds to pay for the acquisition, according to a person familiar with the transaction. It may also [...]
Is that the exit door?
Sometimes it’s hard to say goodbye. Hopkins Architects pledged to keep its Dubai office open last week, despite an increasingly nasty legal imbroglio with a major developer there, Dubai Properties. WSP, which made a loss of £2.4m on a turnover of £49m for its Middle East and North Africa business in 2009 and has minimal work in Dubai, is [...]
Zainal Electronics launches its own brand of LED TV
DOHA: Zainal Electronics Centre, one of the leading names in the distribution and sale of consumer electronics, home appliances and digital products in Qatar, has launched its own brand of LED televisions in Qatar. Zainal is the first Qatari company to launch an LED brand in Qatar. The stylish Zenan YSP3228T model 32-inch LED television has [...]
Ahli Bank posts QR185.6m H1 profit
DOHA: Ahli Bank posted a net profit of QR185.6m for the first half of the year compared to QR171.6m for the same period last year marking a growth of 8.1 percent. On a sequential basis, second quarter net profit recorded an impressive growth of 38 percent vis-à-vis the first quarter. “This result is attributed to a rigorous management [...]
Emirates ‘Kids Go Free’ offer becomes a family favorite
• Emirates ‘Kids Go Free’ offer becomes a family favorite • Egypt Air Express commences direct flights to Port Ghalib • Qatar Airways woos visitors at Farnborough Air Show •Lufthansa to operate five flights weekly to Pointe Noire JEDDAH: Emirates’ Kids Go Free offer is well into its successful second year with the airline [...]
Commercialbank posts QR818m H1 profit
DOHA: Commercialbank, Qatar’s largest private sector bank, posted a net profit of QR 818m in the first half of this year ended June 30. Abdullah bin Khalifa Al Attiyah, Chairman of the Board of Directors of Commercialbank said, “Despite the continued slow and uncertain pace of recovery in global markets, the Qatar economy has grown in 2010 [...]
