Home GCC Qatar

Qatar

Qatar Mulls Being Launch Customer For 777 Upgrade

Chief executive Akbar Al Baker told reporters at the Paris Airshow that the airline could place orders by November.

Qatar Airways Places $2.8bn Boeing Order

The agreements for nine B777-300ERs include a firm order for two airplanes previously attributed but not made public, plus a commitment for an additional seven aircraft.

Qatar Sells Back 10% Porsche Stake To Founding Families

Porsche was forced to sell the stake to Qatar Holding in 2009 as a way to prop up its strained finances.

Qatar Tightens Caps On Banks’ Securities Investment

Banks’ total investment in equities and debt instruments must be limited to 25 per cent of their capital and reserves.

Ooredoo Withdraws Bid For Vivendi’s Maroc Telecom

The Qatari telecoms company said that it withdrew because of the valuation and frustration with the process.

What Does The MSCI Upgrade Mean For UAE, Qatar?

The two nations have been upgraded from frontier markets to emerging markets by index compiler MSCI.

Qatar’s Stock Market Surges On MSCI Upgrade

The Gulf state’s bourse jumps to its highest level since September 2008.

MSCI Raises UAE To Emerging Market Status

Qatar is also raised up from the frontier market while the classification body continues to monitor Egypt’s markets.

Qatar Airways Pulls Seychelles Flights

The battle for Seychelles travellers has intensified in the Gulf following the Etihad-Air Seychelles alliance

Special Report: Turbulent Times For Qatar Airways

Gulf Business reveals the trials of Qatar Airways CEO, Akbar Al Baker.

Qatar Petroleum In $467m Deal With Gulf Drilling International

The contracts signed are five-year extensions to existing service contracts.

Qatar Steps In With $7.1bn Support For Property Firm

Qatar Diar, the real estate arm of the Gulf state’s sovereign wealth fund, owns 45 per cent of Barwa.

Qatar Central Bank To Issue QAR4bn Of Debt

The bank had said in March it would issue local debt as part of an adjustment of monetary policy.

Qatar Rail Awards $8.2bn Doha Metro Contracts

The project will include four rail lines and will link stadiums for the 2022 World Cup tournament.

Qatari Banks CBQ, QIB To Raise Foreign Ownership Limits

The changes are expected to be implemented in six to nine months.

India’s Bharti Airtel Shareholders Approve Qatar Stake Sale

The deal marks Qatar’s first major investment in a listed Indian company.

Qatar Airways Will Not Launch Boeing 787-10X – CEO

Boeing is expected to announce a formal launch of the aircraft in June.

Qatar Has Highest Density Of Millionaires In The World

Kuwait, Bahrain and the UAE also make it to the global top 10 nations with the highest density of millionaires.

Qatar Treasury-Bill Yields Lowest Since October 2012

Yield on the 91-day T-bills eased to 0.82 per cent on Tuesday from 0.87 per cent in May.

Dusit Residence And Suites Doha Opening Late 2013

High-rise property in West Bay will further stoke competition in the city’s hospitality sector

Qatar Hires Managers For First World Cup Stadium

Regional firm KEO International has been appointed project manager and LA-based Aecom Technology Corp was named as design consultant.

Qatar Plans $5.5bn Island To House World Cup Fans

Barwa Real Estate unveiled plans for Oryx Island, which would feature luxury villas, a water park and five floating hotels using cruise ships.

Etisalat Makes Top Bid For Vivendi’s Maroc Tel- Sources

UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.

Qatar Drops Bid To Move Civil Aviation Body ICAO From Montreal

Qatar last month proposed that the organization leave Montreal due to its cold winters and distance from Europe and Asia.

Qatar Airways Receives Three Airbus Freighters

The new aircraft will be deployed on flights to Amsterdam, Amman, Cairo, Colombo and Chennai

Qatar Petroleum To Buy Into Total’s Congo Exploration

QPI will contribute specifically to the French company’s Moho North oil project.

Qatar Sovereign Fund Buys Stake In Russian Bank VTB

Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.

Qatar’s Doha Bank May Sell Bonds To Raise Capital – CEO

The lender had said in January that it would hike its paid-up capital by 50 per cent.

REVEALED: The Biggest Banks In Qatar

Taken from the Gulf Business Top 50 Banks, these are the biggest banks in Qatar by 2012 total assets.

Qatar National Bank To Start India Operations

The state-owned lender expects to begin operations in the third quarter under the name of QNB India Private Limited.