Banks’ total investment in equities and debt instruments must be limited to 25 per cent of their capital and reserves.
The Qatari telecoms company said that it withdrew because of the valuation and frustration with the process.
The two nations have been upgraded from frontier markets to emerging markets by index compiler MSCI.
The Gulf state’s bourse jumps to its highest level since September 2008.
Qatar is also raised up from the frontier market while the classification body continues to monitor Egypt’s markets.
The battle for Seychelles travellers has intensified in the Gulf following the Etihad-Air Seychelles alliance
Gulf Business reveals the trials of Qatar Airways CEO, Akbar Al Baker.
The contracts signed are five-year extensions to existing service contracts.
Qatar Diar, the real estate arm of the Gulf state’s sovereign wealth fund, owns 45 per cent of Barwa.
The bank had said in March it would issue local debt as part of an adjustment of monetary policy.
The project will include four rail lines and will link stadiums for the 2022 World Cup tournament.
The changes are expected to be implemented in six to nine months.
The deal marks Qatar’s first major investment in a listed Indian company.
Boeing is expected to announce a formal launch of the aircraft in June.
Kuwait, Bahrain and the UAE also make it to the global top 10 nations with the highest density of millionaires.
Yield on the 91-day T-bills eased to 0.82 per cent on Tuesday from 0.87 per cent in May.
High-rise property in West Bay will further stoke competition in the city’s hospitality sector
Regional firm KEO International has been appointed project manager and LA-based Aecom Technology Corp was named as design consultant.
Barwa Real Estate unveiled plans for Oryx Island, which would feature luxury villas, a water park and five floating hotels using cruise ships.
UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.
Qatar last month proposed that the organization leave Montreal due to its cold winters and distance from Europe and Asia.
The new aircraft will be deployed on flights to Amsterdam, Amman, Cairo, Colombo and Chennai
QPI will contribute specifically to the French company’s Moho North oil project.
Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.
The lender had said in January that it would hike its paid-up capital by 50 per cent.
Taken from the Gulf Business Top 50 Banks, these are the biggest banks in Qatar by 2012 total assets.
The state-owned lender expects to begin operations in the third quarter under the name of QNB India Private Limited.
The new fund will be run by Qatar Holding, Qatar Petroleum International and Qatar Electricity and Water Company.
In April, Versace CEO Gian Giacomo Ferraris said the house may consider opening the company to outside investors to help fund expansion
Airline will be keeping its fingers crossed for a smooth summer schedule – as will Boeing as it resumes B787 deliveries