Home GCC Qatar

Qatar

Qatar Agrees $406m Contracts For 2022 World Cup Metro

A mix of US, British and Qatari firms will all manage the various lines and stations as part of the planned $36 billion system.

Qatar Deposits $2bn To Support Egypt

The Gulf state is aiming to provide a much needed boost to support Egypt’s declining economy.

Top Ten Salaries in Qatar

Qatari salaries witnessed the highest increases as the tiny Emir state embarks on a rapid development plan ahead of the World Cup 2022.

Qatar Airways Partners With Canadian Carrier

Qatar Airways has entered an interline agreement with Canada’s short-haul carrier, Porter Airlines.

Industries Qatar Q2 Profit Inches Up, Meets Forecasts

The petrochemicals firm posted a net profit of QR2.14 billion in the second quarter of the year.

Qatar Holding Plans To Raise Stake In Qatar Insurance

The Qatari sovereign wealth fund currently owns around 12 per cent of Qatar Insurance.

Qatar’s Barwa Real Estate H1 Profit Slumps 21.1%

The Qatari property developer made a net profit of around $163 million in the first six months of the year.

Olympics: Qatar Wins Bronze In London 2012

Shooter and rally driver Nasser Al Attiyah claimed the bronze in the men’s skeet competition, Qatar’s first medal in 12 years.

Olympics: Qatar Eyes Major Global Sporting Role

Qatar aims to host international events and become the sporting hub for the MENA region, the country’s Olympic Committee chief has said.

Qatar Awards Tram Contract To Siemens

Under the million-dollar contract, Siemens will supply 19 trams, technology and equipment to Qatar Foundation.

Azerbaijani Bank Plans Qatar Presence

International Bank of Azerbaijan, the country’s largest lender, hopes to start operating in Qatar in the first quarter of 2013.

Vodafone Qatar Reports Narrower Q1 Loss

The Qatari operator made a first quarter loss of $32.49 million, an improvement on the $32.6 million Q1 loss last year.

Qatar Buys More Xstrata Shares Amid Standoff

Qatar Holding takes its stake in the company up to 11 per cent, as talks with Glencore are stuck in deadlock.

Qataris Buy Stake In London Developer

The group, with links to the royal family, has bought a 45 per cent stake in Native Land which operates in London’s wealthy Chelsea.

Qatar Sells Largest USD Sukuk

The Gulf-state priced five and 10-year tranches at $2 billion each, attracting an order book of over $24 billion.

Qatar Islamic Q2 Net Profit Down

The bank dropped almost 35 million riyals in the second quarter in comparison to the same period last year.

Qatar Airways To Sponsor UK Team

Farnborough Air Show: Two Premiership football teams have asked for sponsorship from the Doha carrier.

Qatar Airways Orders New A380s

Farnborough Air Show update: The Doha-based carrier unveils new 787; Boeing and Airbus battle.

Qatar’s Budget Surplus Triples

Booming revenues from liquefied natural gas will assist the country’s infrastructure revamp.

Qatar Rental Rates Rise 8%

Latest report from Asteco shows villa rates up four per cent as demand outstrips supply.

IBM To Expand In The ME

The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.

Qatar Banks Should Issue More Bonds

Slowing deposit growth means Qatari banks need other sources to avoid funding issues.

Qatar Plans New Harrods Hotels

Qatar Holding is planning to open Harrods branded hotels in Malaysia, Paris and New York.

Qatar Airways Plans Saudi Carrier

Qatar Airways is keen to launch an airline in the Kingdom, but is worried about excessive fuel charges.

Qatar Plans $4bn Sukuk

The Gulf state is reportedly setting up two companies through an official decree to issue the Islamic bonds.

Gulf Oil Prices Drop In June

Crude oil across the region is down as caution in China has knock-on effect for global oil prices.

Qatar’s Economy Grows By 6.9%

The country plans to boost government spending by 27 per cent to $49 billion for the fiscal year that began in April.

Qtel Bids For Wataniya Stake

The Qatar-based telecoms operator plans to buy the remaining majority stake in Wataniya for $1.9 billion.

Etihad, SpiceJet Deny Stake Sale

Media reports had claimed that Etihad and Qatar Airways were eyeing a minority stake in the Indian budget carrier.

Qatar Predicts Slow Growth In 2013

The country’s planning authority says that GDP growth is expected to reduce to 4.5 per cent in 2013.