‘Qatar Investment Incentives’ Archives
Qatar has enough wheat stock, says sole importer
Qatar’s sole wheat importer Zad Holdings yesterday said it has more than six months’ buffer to mitigate the effect of the globally rising prices in view of Russia’s stoppage of exports. “We have strategic reserves. We have cover for the next six months. Hence we do not see any threat in the short run,” Zad Holdings CEO Tareq Mohamed [...]
Abu Dhabi, Israel Shares Rise on Bernanke’s Pledge on Economy; Oil Gains
Qatar and Israel shares advanced, leading a rally in Middle East markets, after U.S. Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the recovery of the world’s biggest economy. Oil gained. The QE Index climbed 0.5 percent, the most since Aug. 22, to 7,195.88 at the 12:30 p.m. close in Doha, led by Qatar Islamic Bank SAQ, the [...]
QNB Al Islami and the Ministry of Awqaf offer Zakat and Awqaf payments via bank’s ATMs
QNB Al Islami, in partnership with the Ministry of Awqaf, has launched an innovative payment system 'Themar' to help people in Qatar complete Zakat and Awqaf payments using any QNB ATM in Qatar. About QNB Qatar National Bank (QNB), established in 1964 as the country's first Qatari-owned commercial bank, has an ownership structure split [...]
Qatar Exchange rises by 0.49pc; Saudi index up
Doha/dubai: The Qatar Exchange pursued its upswing trend yesterday adding 35.26 points or 0.49 percent to 7,195.88 points from 7,160.62 on Thursday. Top gainers were United Development Company which was up 4.15 percent to QR25.10, Nakilat rose 1.07 percent to QR18.90, Rayan gained 0.70 percent to QR14.30 and Commercialbank which was up 0.53 [...]
Kuwait, Qatar funds raise AgBank IPO investment: Report
KUWAIT: Kuwait Investment Authority (KIA), the country's sovereign wealth fund agreed to more than double its investment in Agricultural Bank of China's initial public offering to $1.9 billion, a local newspaper said. Qatar Investment Authority (QIA) also raised its stake to $6 billion from $2.8 billion, the paper said on Monday without citing [...]
Doha Bank hosts a seminar to discuss investment opportunities for China in GCC markets
Doha Bank one of the largest private commercial bank in the State of Qatar, recently celebrated the third anniversary of its representative office in China, at Pudong Shangri- la, Shanghai. As part of its celebration, Doha Bank conducted a knowledge sharing session on “GCC economies and growth opportunities for China”. The event was presided [...]
Qatar Exchange looking to attract global interest with new trade
The Qatar Exchange, which is expected to switch over to a new trade engine UTP from September 5, will feature more order types to attract the global investing community in a big way, according to its top officials. With the introduction of time-tested UTP (Universal Trading Platform), the bourse will see a 15-minute extended session until [...]
Cordoba Initiative official on Doha tour
Imam Feisal Abdul Rauf, left, executive director of the Cordoba Initiative, shaking hands with worshippers after leading mid-day prayers inside the Fanar-Qatar Islamic Cultural Center’s mosque in Doha yesterday. Abdul Rauf is currently on the second leg of his funded tour to Bahrain, Qatar and the UAE as part of an outreach effort by the US [...]
Plane leaves Doha with flood aid to Pakistan
A Boeing C-17 military aircraft loaded with 70 tonnes of food and other vital aid materials left Doha for Pakistan last night to help the flood victims in that country. The aircraft is carrying a 48-member task force which includes rescuers and military medics. The operation area of the task force would be in the Swat valley, located in the [...]
Qatar First Investment Bank acquires a stake in a Leading Turkish based healthcare provider
Doha: Qatar First Investment Bank announced that along with ARGUS Capital, a London based private equity house, acquired a 40% minority stake in Memorial Health Group (MHG), one of the leading healthcare providers in Turkey. MHG began operations in February 2000 and is among the top two 'class A' healthcare groups in Turkey, offering high [...]
