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GULF STATES TO INVEST QR187BN IN POWER SECTOR

Gulf countries are expected to invest as much as QR187bn in power projects to meet the additional demand of 55,000MW in the region until 2015. The GCC region’s current installed power capacity is about 75,000MW. The current annual rate of growth is 9.5%. The Gulf region’s power generation capacity is expected to grow by 44% to 1,609 terawatt [...]

INDIAN CULTURAL CENTRE MOVES TO NEW LOCATION

The Indian Cultural Centre (ICC), functioning for more than nine years in the Al Hilal area, has moved to its new premises in Abu Hamour. Giving this information yesterday, ICC president K M Varghese said the formal inauguration of the new facility would be held “sometime in the middle of November”. The centre president hinted that some [...]

Qatar invites UK to attend Doha conference

Qatar has officially invited the United Kingdom to attend the “third conference of signatories to the UN convention for combating corruption” to be held in Doha in November. The invitation was extended yesterday during a meeting held in London between HE the Attorney General Ali bin Futais al-Merri and the Attorney General for England and [...]

Emir holds talks with world leaders in New York

HH the Emir Sheikh Hamad bin Khalifa al-Thani received a number of heads of countries’ delegations taking part in the 64th UN General Assembly meetings, at the Seat of Qatar’s Permanent Mission to the UN. The Emir received President Hugo Chavez of Venezuela, UN Secretary General Ban Ki-moon, Nato Secretary General Anders Fogh Rasmussen, [...]

Porsche to do deal with Qatar by mid-June

FRANKFURT: Qatar will strike a deal with Porsche by mid-June that will help the German sports car maker to pay down its 9 billion euro ($12.8 billion) debt pile, German weekly Focus reported. Porsche's Chief Executive Wendelin Wiedeking has already travelled to Qatar several times and has worked out two possible options for an agreement with [...]

Qatar has enough gas reserves for 200 years: OBG

Web posted at: 6/3/2009 1:55:53 Source ::: The PENINSULA / By Joyce C Abaño From left: Abby Lindenberg, Regional Director, Oxford Business Group (OBG); Oliver Cornock, Regional Editor, OBG; Ali Al Kuwari, Executive General Manager, Qatar National Bank; Muhammaed Bahemia, Partner, Deloitte; and Sarah Simms, Associate, Clyde and Co, during the [...]

Qtel’s $1.5bn bond offer gets $10bn in bids

Web posted at: 6/3/2009 1:56:17 Source ::: REUTERS NEW YORK/DOHA: Qatar Telecommunications Co’s (Qtel) $1.5bn debut bond sale has received more than $10bn in bids, sources close to the sale said, as investor demand for high-rated emerging market debt rises. State-controlled Qtel, via its Qtel International Finance Ltd arm, is planning to [...]

QFCRA plans new rules for insurers, funds

Web posted at: 6/3/2009 1:56:35 Source ::: REUTERS DOHA: The Qatar Financial Centre Regulatory Authority (QFCRA) is developing new regulations starting this year as a growing number of insurance companies, funds and asset managers seek to set up in the financial zone, its chairman said. QFCRA is planning new regulations to govern the [...]

Honorable Dr Yousef Al-Horr

Dr Yousef Al-Horr is the President of Strategy & Investment at BARWA Real Estate Company, one of the premier organizations in the State of Qatar, with business interest in real estate development & investment, project, property & facility management, construction material production, banking & finance, hotels & resorts, [...]

Demand for ICT workers outweighs supply: study

Gulf Times: By Pratap John The demand for ICT professionals in Qatar outweighs local supply, a study initiated by the country’s telecom regulator said. Increasing information and communications technology adoption in Qatar require a workforce specialised in important skills needed to develop, install and service ICT infrastructure, systems [...]

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