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UAE Salaries To Rise 5% In 2013

About 70 per cent of companies in the GCC are also planning to increase headcount next year, says new survey.

Qatar Telecom Q3 Profit Up 74%

The company made a third quarter net profit of 1.07 billion riyals while domestic revenue for the first nine months rose 9.4 per cent.

Qatar 2022 – Will They Make It On Time?

Senior spokespeople confirm that Qatar will meet its construction deadline for the World Cup.

Qatar Applies For Formula 1 Licence

The tiny Gulf state is looking to host pre-season testing and eventually its own grand prix at its Losail Circuit.

AC Milan Denies Plans To Sell Stake To Qatar

Reports claimed that Silvio Berlusconi was considering selling a 30 per cent stake to Qatar for 250 million euros.

Qatar Prospects Lure Region’s Top Bankers

Global firms and large regional names are losing their top talent to Qatari lenders who offer better pay and stability.

Qatar National Bank’s Q3 Profit Up 10.5%

Qatar’s indicator for sector performance in the region reports a 15 per cent rise in net profit for first nine months of the year.

Qatar’s Barwa To Sell $4.4bn In Assets To Repay Loans

The assets being sold include land in Qatar and the Barwa New Cairo project in Egypt.

Qtel To Buy KIA’s Stake In Wataniya

The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.

Qatar Islamic Bank Launches $750m Sukuk

Order books for the deal reportedly hit over $6 billion ahead of launch.

Barwa Bank Eyes Potential IPO On Doha Bourse

The Qatari lender, part-owned by Qatar Holding, revealed profits last year of 243.7 million riyals.

Qatar Airways Not Planning To Join Oneworld

Chief Executive Al-Baker says his airline will not join British Airways as part of the airline alliance.

Clash Of Cultures In Booming Qatar

As Qatar modernises itself for the 2022 FIFA World Cup, conservative traditionalists express concern.

Qatar Islamic Bank Plans Dollar-Denominated Sukuk

A whistle-stop tour of Singapore, UAE and London as Deutsche Bank, HSBC and QInvest LLC are mandated for the Islamic bond.

Qatar And France Agree Suburbs Relationship

The Gulf state will help set-up a Franco-Qatari fund aimed at investing millions of Euros into depressed French suburbs.

Credit Suisse Cuts Dubai Investment Banking Jobs

The investment bank is reducing staff in Dubai and relocating some jobs to Qatar, say sources.

Doha Bank Plans 50% Capital Raise In Q1 2013

The Qatari lender said that it will use the additional capital to meet strategic business requirements.

Qatar’s Central Bank Comfortable With Interest Rates

Sheikh Abdullah bin Saud al-Thani estimates two to three per cent inflation for 2012.

Qatar Islamic Bank Board Backs $1.5bn Sukuk Programme

The bank has hired HSBC, Standard Chartered, Deutsche Bank and QInvest to manage the issuance.

Qatar First Investment Bank Buys London Properties

The Qatari bank has bought the properties as it looks to capitalise on London’s growing demand for high-end real estate.

EFG Hermes Shareholders Approve QInvest Deal

Egypt’s biggest investment bank, EFG Hermes and Qatar’s QInvest had reached an agreement in May 2012.

Qatar Keeps Glencore Guessing On Xstrata Bid

Qatar’s sovereign wealth fund has built up a stake of more than 12 per cent in mining company Xstrata.

Algeria Would Take Pre-Emption Right Over Qtel-Wataniya Plan

Qatar Telecom has already received approval to buy the remaining 47.5 per cent stake in Wataniya for $2.2 billion.

Qatar Tops Region In Global Competitiveness Ranking

Saudi Arabia came second, followed by the UAE in the World Economic Forum’s annual ranking.

Al Jazeera Website Hacked By Syria’s Assad Loyalists

The hacking attack is the latest in a wave of cyber attacks on news agencies and energy companies in the region.

Qatar National Bank To Buy SocGen’s Egyptian Arm

The bank has hired JP Morgan to advise on its planned buyout of the French bank’s Middle Eastern asset.

Qatar LNG Producer Rasgas Office PCs Hit By Virus

The company confirmed that operational systems both onsite and offshore are secure and that production is not affected.

Qatar Telecom Repays $3bn Loan Facility

The state-owned operator repaid the five-year syndicated term loan from existing funds.

Qatar-Barclays Payments Face Fraud Probe

Fees from Qatar Investment Authority paid to the British bank are being scrutinised by the UK’s Serious Fraud Office.

Qatar Has Highest Construction Costs In ME

The increasing volume of activity in the build-up to the 2022 FIFA World Cup has pushed up costs in Qatar, says study.