Over $2.5 billion worth of contracts were awarded in Qatar’s hotel and tourism sector last year.
Dubai’s index fell 3.6 per cent by Wednesday’s close to a 10-week low of 3,408 points.
He declined to elaborate on the reasons for Qatar sticking to its peg.
Three U.S. airlines have accused their GCC competitors of receiving more than $40 billion in government subsidies, a charge which the latter deny.
The facility will be used to fund general operations of the bank.
The sharia-compliant institution is expected to raise funds before end-April, sources said.
Inflation this year in Qatar is expected to be three per cent, the prime minister said.
The deal is QNB’s biggest syndicated loan to date and proceeds will be used for general corporate purposes.
The confiscated falcons – which can be worth upwards of $250,000 each – were released into the wild this week.
The new tramway will consist of four lines, covering 32 km, and serving 37 stations.
The exchange is working with the central bank to set up a market for corporate bonds.
The changes are contained in a financial system law issued on Tuesday by the emir, Sheikh Tamim bin Hamad al-Thani.
The country’s upgrade to emerging market status last year helped to increase average daily turnover by 160 per cent, a senior official said.
The company attributed the slump in profit to foreign exchange losses in Indonesia and higher costs in its Myanmar and Algerian business.
Qatar had previously said that it would provide $1 billion in reconstruction assistance for Gaza.
The firm earned QAR2.8 billion for the full year, compared with QAR1.4 billion in the prior year.
A court last month released Mohamed Fahmy and Baher Mohamed on bail after over a year in detention.
Sources in Nusra said that Qatar is encouraging the group to go ahead with the move, which would give it a boost in funding.
Wealthy individuals in the three GCC nations especially spend on imported luxury goods and premium travel, finds new report.
The sale of the bonds will take place no later than June 30.
Qatar Airways bought a 9.99 per cent stake in International Consolidated Airlines Group (IAG) in January.
Qatar Airways has ordered 80 of the newest European long-haul jet, which is designed to compete with Boeing 787 and 777.
Muhannadi was previously chief executive of QNB Capital, the investment arm of Qatar National Bank, a bourse statement said.
The company is looking outside the Middle East for deals in areas excluding real estate, construction, fast-moving consumer goods and marine sectors.
Gill backed Blatter on FIFA 2022 dates, agreeing that the final cannot be held later than December 18.
As per the deal, Qatar Holding will buy the 60 per cent of Porta Nuova it does not already own for an undisclosed sum.
Pearl GTL can produce 140,000 barrels per day of gas-to-liquids products and 120,000 barrels per day of natural gas liquids and ethane.
Bond issuance from Qatari borrowers has been rare in the last 18 months.
Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.
A proposal by Qatar’s Investment House for a QAR750 million IPO of an agricultural firm has been shelved by regulators.