Home next GCC next Qatar

Qatar

Influential Cleric Attempts To Soothe Gulf Rift

The cleric used unusually placatory language about Qatar’s neighbours, some of whom he has accused of a variety of failings including being insufficiently Islamic.

China Says To Help Qatar Central Bank Buy Chinese Bonds

This is the latest step to widen foreign access to Chinese capital markets.

Qatar Islamic Bank Posts 15% Q1 Net Profit Increase

The bank made a net profit of $92 million in the opening three months of 2014.

Qatar Lender CBQ Foreign Ownership Limit Upped To 25%

The bank did not state what its previous cap was but official data showed foreign investors owned 15.21 per cent at the end of Sunday.

Kuwait Hopes For Remedy To Gulf Row Over Qatar Soon

Kuwait, which offered to mediate in the dispute, is planning to present a solution to the two sides soon, a Gulf Arab diplomat said.

Qatar National Bank Q1 Net Profit Rises 13.7%

The lender’s profit was boosted by strong loan growth related to extensive construction spending in Qatar.

Qatar 2022 Head Denies “Buying” World Cup

Hassan Al Thawadi rubbishes corruption allegations and says Qatar won the rights to host the football event due to sheer hard work.

Foreigners Target Key UAE, Qatar Stocks Ahead Of MSCI Upgrade In May

MSCI will raise the UAE and Qatar to emerging market from frontier market status at the end of May.

The Hunt For Halal

As nations aspire to become global hubs for the Islamic economy, the Halal industry is not to be ignored

Qatar Airways Launches Philadelphia Flights

Doha carrier looks to attract two-way traffic with new Oneworld member US Airways as it launches fifth US destination

Sudan Says Qatar To Deposit $1bn As Part Of Aid Package

A sudanese official declined to disclose the total value of aid that Qatar had agreed to offer Sudan.

Qatar 2013 GDP Beats Forecasts, Growth Slows In Final Quarter

Economic growth slowed in the final quarter of 2013 due to a sharp fall in the hydrocarbon sector.

Qatar Spending To Rise 3.7% To $60bn In 2014/15

The budget is “the largest in the history of the state of Qatar,” Finance Minister Ali Sherif al-Emadi said.

Qatar Buys Helicopters, Missiles In $23bn Arms Deals

The Gulf state announced deals with about 20 global companies, including with Lockheed Martin, Raytheon, Airbus and Boeing.

LA Couple Get 3 Years In Jail In Qatar For Death Of Adopted Child

Matthew and Grace Huang were arrested in January last year after their eight-year-old adopted daughter, Gloria, died unexpectedly.

Qatar Buys Stake In Derby Winner Ahead Of World Cup Tilt

Sheikh Joaan’s Al Shaqab Racing stable will partner the colt’s original owner, Coolmore Ireland, a multi-million euro operation by Irish business magnate John Magnier.

Qatar Dismisses Iraqi Charges That Doha Funds “Terrorism”

The comments by Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, were the first official Qatari reaction after Iraq accused Doha and Riyadh of funding insurgency.

Qatar Regulator Reprimands RBS For Insufficient Staff Training

Qatar Financial Centre said it has accepted an enforceable undertaking from RBS to establish a “remedial action plan.”

Qatar Airways Launching Djibouti Flights

Doha carrier looks to capitalise on Djibouti’s rising commercial profile

Qatar Toughens Penalties For Hiring Runaway Workers

Companies hiring illegal workers will be subject to a recruitment ban lasting two years and will be blacklisted as per new rules.

Defying Allies, Qatar Unlikely To Abandon Favoured Syria Rebels

Qatar’s Syria policy matters not only because Doha remains a generous backer of the opposition but also because its dispute with other funders.

Qatar To Reschedule 15% Of Planned Projects -Sources

Qatar announced plans for a raft of projects worth $140 billion after it won the World Cup hosting rights.

Qatar Spending Jumps 33% In First Half Of 2013/14 Fiscal Year

Expenditure in April-September accounts for a little over 44 per cent of the record 210.6 billion riyals Qatar plans to spend in the 2013/14 fiscal year.

Qatar Says FIFA 2022 World Cup Projects Proceeding On Track

Qatar is planning to spend $27.5 billion over the next five years on new roads and interchanges.

Growth Of Qatar’s Islamic Banks Falls Near Conventional Peers

Islamic banking assets grew 12.2 per cent in 2013, compared to the 11.2 per cent growth posted by conventional banks last year.

2022 World Cup: Amnesty Calls On FIFA To Address Qatar Workers’ Rights

Last month, Qatar’s 2022 World Cup organisers said they would penalise contractors who violate the welfare of construction workers.

Qatar Issues Tender For Doha Metro Trains, Tracks – Sources

The tender, issued earlier this month, is for the rolling stock, systems, depot facilities, trackwork and other aspects of Doha Metro, sources say.

Qatar To Sign Projects Worth Up To $50bn In 2014 – Central Bank

The projects will be in transport, energy and other sectors, the central bank governor said.

Soccer-Qatar 2022 World Cup Committee Denies Wrongdoing

Britain’s Daily Telegraph newspaper reported on Tuesday that a company under the control of Mohamed Bin Hammam paid $1.2 million to Jack Warner.

Saudi Says Spat With Qatar Won’t Be Solved Unless Doha Changes Policy

Saudi, the UAE and Bahrain recalled their ambassadors from Qatar on March 5, citing policy differences.