The lenders may need to increase their capital next year by $412 million each to abide by expected central bank regulations.
Abdullah Elshamy, one of four reporters being held in Egypt, has been on hunger strike since Jan. 21 to protest against his detention.
The 577-seat superjumbo will provide 271 more seats than the current A340-600
Ahmad Abdulla Ali al-Abdulla replaces for former CEO Abdulla al-Subaie, who has resigned.
The capital measures will increase the bank’s Common Equity Tier 1 ratio and help the German lender expand its investment banking business.
Qatar Airways’ CEO says contractor is having difficulty “keeping up with the kind of finishes we want”
Germany’s flagship lender is preparing a multi-billion euro capital increase.
However Blatter denied allegations that the Gulf state “bought” the tournament.
For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.
The scheme is part of a strategic plan for Qatar’s financial sector developed by the country’s three regulatory bodies.
Doha carrier identifies gap for focused premium product on highly competitive route
QNB, Industries Qatar and NBAD will be the three largest additions to the MSCI Emerging Markets Index.
The proposed reforms include replacing a contentious sponsorship law, known as “kafala”, in which workers need their employer’s permission to change jobs.
The company has agreed one-year murabahas – a sharia-compliant cost-plus-profit arrangement -with Qatar Islamic Bank, Masraf Al-Rayyan and Barwa Bank.
The Abu Dhabi carrier flies four times daily to Qatari capital Doha.
Katara-owned Excelsior Hotel Gallia will be a part of Starwood’s Luxury Collection portfolio, making it the brand’s seventh hotel in Italy.
The facility will become the new home for the national carrier of the state of Qatar.
The launch of the two funds will follow MSCI’s upgrade of Qatar to emerging market status later this month.
The project includes the expansion of a QP-owned gas processing plant at Mesaieed to help collect about 900 million cubic feet of sour gas per day.
Serco will provide postgraduate-level military education courses for Qatar’s officers in the navy, army and air force, in partnership with Britain’s Ministry of Defence and King’s College London.
Qatar spent roughly 6.5 per cent of GDP on capital injections and other measures to maintain stability in its banking sector following the 2008 global credit crunch.
The deal is part of an agreement by Barwa to sell assets worth a $7.1 billion to Qatari Diar.
Delivery coincides with the Doha-based carrier shifting its operations to Hamad International Airport
Qatar’s sovereign fund bought a 50 per cent stake from Qatar’s former prime minister and other shareholders last year.
CEO Akbar Al Baker said it will operate eight A320s in the Kingdom.
The four star property will be Wyndham’s second in Doha, following the opening of the Wyndham Grand Regency in 2011.
The move apparently aims to curb smuggling of fuel in the Gulf country, a local newspaper reported.
The telco made a net profit of 887 million riyals ($243.62 million) in the three months ended March 31, it said in a statement.
Heritage said that it was recommending a 320 pence per share cash offer, which represented a 25 per cent premium to its closing price the day before the approach was announced.
The developer said its profit for the three months to March 31 was 265.1 million riyals ($72.8 million), up from 158.5 million riyals in the same period of 2013.