Songbird said it still thought the offer undervalued the company but with no rival offer forthcoming it recommended its shareholders to accept the deal.
Qatar Petroleum International was formed in 2007 as the foreign investment arm of the firm.
Masraf Al Rayan said its net profit for 2014 was QAR2 billion, up 17.6 per cent year-on-year.
Brent crude traded just above $48 per barrel as Greece’s election results put pressure on oil and global equities.
The state-run utility made a profit of QAR360.5 million ($99 million) in the three months to Dec. 31.
The exchange’s previous acting chairman was Hussein Ali al-Abdullah, an executive director of the Qatar Investment Authority.
Qaradawi’s outspoken support for the Islamist movement has previously contributed to a diplomatic rift between Qatar and its Gulf Arab allies and Egypt.
The markets of Saudi Arabia, Kuwait, Oman and Bahrain are closed on Sunday because of King Abdullah’s death.
The bank said that it would seek shareholder approval to issue Tier 1 capital instruments worth $549 million.
The bank declared a cash dividend of QAR4 per share for 2014.
Net profit for 2014 gained 3.1 per cent year on year to QAR1.35 million.
Qatar’s role as a host to exiled Brotherhood leaders has irritated Egypt, which considers the group a political threat.
Ali al-Marri, who was convicted in 2009 of providing material support to al Qaeda, was released from federal prison in Colorado in the last few days.
Net profit for 2014 gained 20 per cent year-on-year to QAR1.6 billion.
Industry sources in Qatar said that the country was still studying the possibility of investing in Venezuela’s energy, real estate and tourism sectors.
Qatar was the most expensive construction market in the Middle East region in 2014, according to a study by EC Harris.
The first of the Doha carrier’s 80 A350s has entered service to Frankfurt
Prices quoted by companies to build the huge complex showed the project was “commercially unfeasible, a joint statement said.
The bank reported a net profit of QAR2.5 billion ($686.7 million) for the fourth quarter of 2014.
Doha carrier wastes no time in ramping up operations of new widebody aircraft
Songbird Estates said the 350 pence per share cash offer did not reflect the value of its property of growth potential.
The investment firm sold the development rights to a plot of land measuring 3.66 million sqm in Qatar’s Lusail City
The airline is expecting to begin operations in the Kingdom in the next six to 18 months.
The company recommended a a cash dividend of 7 riyals ($1.92) per share for 2014.
The company said that it will pay a dividend of QAR1.1 riyals ($0.30) per share for 2014.
The company declined to comment on exactly how much the cut would be or when it would be implemented.
The company said that its contracts were based on fixed rates which had an average life of between three and five years.
Qatar’s 283-seat aircraft was officially unveiled to international media and dignatories in Doha today.
The Gulf airline also purchased rights for four additional planes, bringing the combined value of the deal to $2.46 billion when exercised.
Diar, which had been Al Khaliji’s largest shareholders, moved 61.9 million shares in Qatar’s sixth-largest bank to QIA.