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Stock News: Gulf Markets Retreat As Oil, Global Stocks Fall

Brent crude traded just above $48 per barrel as Greece’s election results put pressure on oil and global equities.

Qatar Utility QEWC Q4 Net Profit Gains 9.3%, Beats Estimates

The state-run utility made a profit of QAR360.5 million ($99 million) in the three months to Dec. 31.

Qatar’s Economy Minister Appointed Chairman Of Stock Exchange

The exchange’s previous acting chairman was Hussein Ali al-Abdullah, an executive director of the Qatar Investment Authority.

Qatar-Based Cleric Urges Protests In Egypt On Uprising’s Anniversary

Qaradawi’s outspoken support for the Islamist movement has previously contributed to a diplomatic rift between Qatar and its Gulf Arab allies and Egypt.

Stock News: Smooth Saudi Succession, ECB Easing May Support Gulf

The markets of Saudi Arabia, Kuwait, Oman and Bahrain are closed on Sunday because of King Abdullah’s death.

Qatar’s Doha Bank Plans Bond Issues, Tier 1 Capital Instruments

The bank said that it would seek shareholder approval to issue Tier 1 capital instruments worth $549 million.

Qatar’s Doha Bank Recommends 2014 Cash Dividend

The bank declared a cash dividend of QAR4 per share for 2014.

Doha Bank Q4 Net Profit Rises 6.1%, Misses Forecasts

Net profit for 2014 gained 3.1 per cent year on year to QAR1.35 million.

Qatar’s Emir To Attend Egypt Economic Summit, Sources Say

Qatar’s role as a host to exiled Brotherhood leaders has irritated Egypt, which considers the group a political threat.

Former ‘Enemy Combatant’ Back In Qatar After Release From U.S. Prison

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.

Qatar Islamic Bank Q4 Net Profit Up 30.4%, Raises Dividend

Net profit for 2014 gained 20 per cent year-on-year to QAR1.6 billion.

Qatar May Fund Energy, Other Projects In Venezuela -Sources

Industry sources in Qatar said that the country was still studying the possibility of investing in Venezuela’s energy, real estate and tourism sectors.

Revealed: World’s Most Expensive Construction Markets

Qatar was the most expensive construction market in the Middle East region in 2014, according to a study by EC Harris.

Qatar Airways Launches First A350 Flight

The first of the Doha carrier’s 80 A350s has entered service to Frankfurt

Qatar Petroleum, Shell Halt $6.4bn Petrochemical Project

Prices quoted by companies to build the huge complex showed the project was “commercially unfeasible, a joint statement said.

Qatar’s QNB Q4 Net Profit Up 5.5%, Increases 2014 Dividend

The bank reported a net profit of QAR2.5 billion ($686.7 million) for the fourth quarter of 2014.

Qatar Airways A350XWB To Fly Double Daily To Frankfurt

Doha carrier wastes no time in ramping up operations of new widebody aircraft

Canary Wharf Owner Tells Investors To Reject $4bn Qatar Takeover

Songbird Estates said the 350 pence per share cash offer did not reflect the value of its property of growth potential.

Bahrain’s Arcapita Sells $1.4bn Stake In Lusail Golf Development

The investment firm sold the development rights to a plot of land measuring 3.66 million sqm in Qatar’s Lusail City

Bureaucracy Delaying Qatar Airways Launch In Saudi – CEO

The airline is expecting to begin operations in the Kingdom in the next six to 18 months.

Industries Qatar Proposes 36% 2014 Dividend Cut

The company recommended a a cash dividend of 7 riyals ($1.92) per share for 2014.

Qatar’s Mesaieed Recommends Annual Dividend

The company said that it will pay a dividend of QAR1.1 riyals ($0.30) per share for 2014.

Qatar Airways To Cut Surcharge Following Oil Price Drop

The company declined to comment on exactly how much the cut would be or when it would be implemented.

Qatar’s GIS Says Business Unaffected By Lower Oil Prices

The company said that its contracts were based on fixed rates which had an average life of between three and five years.

Qatar Airways Unveils First A350XWB

Qatar’s 283-seat aircraft was officially unveiled to international media and dignatories in Doha today.

Qatar Airways Finalises Deal For Four Boeing Freighters

The Gulf airline also purchased rights for four additional planes, bringing the combined value of the deal to $2.46 billion when exercised.

Qatari Diar Transfers Al Khaliji Stake To Qatar Investment Authority

Diar, which had been Al Khaliji’s largest shareholders, moved 61.9 million shares in Qatar’s sixth-largest bank to QIA.

Anantara Opens New Luxury Island Resort In Doha

Banana Island Resort Doha is the group’s first property in Qatar.

Qatar Airways Flight Makes Unscheduled Landing Due To Unruly Passenger

The airport had earlier said the flight, which was headed to Doha, was diverted due to a minor medical issue.

Qatar Says Holders Of 32% Of Songbird’s Free Float Support Bid

Songbird’s management earlier this month said an offer from Qatar undervalued the London based-developer.