Net profit for the three months to the end of June was KD6.87 million.
The new five-year facility is split between a $2.39 billion conventional loan and a $610 million sharia-compliant tranche.
Investment banking fees in the region reached $237.9 million in the second quarter of this year, a new report finds.
Islamic lender Masraf Al Rayan did not disclose the sale price or other details of its recent sale of Seef Lusail Real Estate Development Co.
The state-run utility made a profit of QAR417 million ($115 million) in the three months to June 30 compared to QAR436 million in the prior-year period.
Net profit in the three months to June 30 jumped to Dhs6.2 million ($1.7 million) from Dhs1.3 million a year earlier.
QFC Authority said Al-Thani would help it strengthen its business environment for domestic and foreign firms.
The firm made a net profit of SAR288 million ($76.8 million) in the second quarter, compared with SAR307 million in the corresponding period of 2013.
The settlement, signed over the weekend, caps months of negotiations.
The Islamic lender made a net profit of $107 million during the three months to June 30.
Abraaj’s investment will help increase patient capacity, add new services and ramp up human resource training in the hospital.
The majority of high net worth business owners prefer consulting lawyers and accountants over their private banks for planning their wealth transfer to their successors, a new study finds.
The firm made a net profit of SAR613 million ($163.5 million) in the second quarter compared with SAR670.5 million in the same period of 2013.
The Qatari lender said it had agreed to sell its 50 per cent stake in Seef Lusail Real Estate Development.
Policymaking complacency and the launch of larges scale projects such as Mall of the World could lead to property bubble, finds report by the Bank of America Merrill Lynch.
NCB said the growth was driven by an 8.3 per cent year-on-year increase in net special commissions income.
The stake was acquired from a group of investors including private equity firm Jadwa Investment.
The affiliate of Abraaj Capital is seeking to buy at least a 51 per cent stake in the Egyptian snack maker.
The investment is expected to help Evolvence Knowledge Investments Limited (EKI) to expand its offerings in the region.
The bank made SAR1.26 billion ($336 million) in the three months ending June 30, compared with SAR1.18 billion in the same period a year earlier.
Sipchem made a profit of SAR244.6 million ($65.3 million) in the three months to June 30, up from SAR174.0 million in the prior-year period.
The bank made a profit of SAR10.28 million ($26.7 million) in the three-month period to June 30 compared to SAR8.36 million in the same period last year.
The bank said it made SAR1.95 billion ($520 million) in the three months ending June 30, compared with SAR2.12 billion in the same period a year earlier.
Al Mubarak had been serving as the deputy chief executive and chief portfolio management officer of the company since shareholders approved the merger in March 2013.
The acquisition, Investcorp’s fifth in 12 months, is expected to close following competition clearances.
The sources said it was unclear whether the merger plans were permanently on hold or whether they would be revived later.
Qatar sold the shares at 1,915 pence each as part of its portfolio management, a source said.
Finance Minister Arun Jaitley also raised limits on foreign investment in defence and insurance ventures to 49 per cent from 26 per cent.
Qatar Holding is set to slash its 15 per cent stake in the owner of the London Stock Exchange by a third.
Dubai’s only listed crude oil shipper said it had written off accumulated losses worth Dhs1.1 billion.