The company expects to set up offices by the end of this year.
Net profit for the three months to March 31 was QAR511 million.
The lender made a net profit of QAR420.2 million ($115.4 million) during the first quarter of 2015.
The company reported a net profit of QAR951 million ($261.2 million) in the first quarter of 2015.
The company made a net profit of QAR222.4 million, it said in a statement.
The cargoes were sold at 37-40 cents a barrel below Dubai quotes via a tender, averaging at a discount of 39 cents a barrel.
The QIA, which holds two seats on VW’s 20-member supervisory board that appoints and dismisses executives, has been looking to solve the leadership crisis at Volkswagen.
The Islamic lender made a net profit of QAR400 million in the first quarter of the year.
The centre is expected to facilitate greater cross-border renminbi investment and financing business and boost trade between China and the region.
Qatar National Bank and Qatar International Islamic Bank have signed an MoU for the venture.
The firm made a profit of 355.7 million riyals in the first quarter of 2015, a statement said.
The company said that one of its subsidiaries will release a contracted rig in May due to the oil price fall.
Milaha said that if the merger is successful, the move would provide better financial returns and strengthen its combined business market position.
Gulf Business compares what Emirates, Etihad and Qatar Airways offer versus their counterparts in the US.
Palestine is in the midst of an economic crisis triggered by a row with Israel over taxes.
The bank reported a net profit of $741.7 million for the first quarter of 2015.
The airline will begin increased services to Jakarta and Bali from July 5 and July 16 respectively.
Lower temperatures during winter will help do away with the need for cooling systems, a top official said.
The cash will be used to finance a number of projects that Shandong is currently working on.
The bourse gave no specific timeline for the reform.
The decision looks likely to have little immediate impact on investment flows since foreign ownership limits for most stocks are far from being used up.
BeIN Media Group is yet to finalise the acquisition of the satellite network.
The statement comes as human rights group Sherpa filed a complaint against the company violated the rights of workers in its Qatar projects.
U.N. Yemen envoy Jamal Benomar said the discussions would be held in Qatar and that any subsequent agreement reached would be signed in Saudi Arabia.
The statement comes as Sherpa NGO submitted a claim in a French court against Vinci Construction Grand Projects for “forced labour” in Qatar.
Italian travel retailer World Duty Free (WDF) belongs to the Benetton family.
Qatari plans to spend about $200 billion on transport, electricity generation, water supply, housing and other projects between 2013 and 2018.
The winter tournament is expected to last 28 days, instead of the 32 for last year’s finals in Brazil.
Factors largely beyond its control have dulled Ooredoo’s lustre, and its profits for the past two quarters have missed analysts’ forecasts by a wide margin.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.