The UAE’s current foreign ownership limit of 49 per cent is satisfactory and there is an expectation that it will be relaxed in coming years.
The fund has a stake worth about $1 billion in Bank of America, while its Samsung stake is worth between $200-$300 million.
Analysts polled by Reuters had expected only a 12 per cent drop in Ooredoo’s third-quarter profit.
The limits on foreign ownership of individual stocks have become obstacles to growth as the Gulf’s capital markets gradually become more international.
The A350, designed to compete with Boeing’s 787 Dreamliner and the larger Boeing 777, staged its maiden flight in June.
Starting from 1 March 2014, the carrier will fly twice daily flights into both destinations.
As Dubai hotels continue to cash in on strong demand, room rates in Doha are falling due to stiff price competition.
Sheikha al-Mayassa al-Thani, who heads the Qatar Museums Authority, was chosen for her willingness to spend at a rate estimated to be $1 billion a year.
French utility EDF is spending $26 billion to build two nuclear reactors at Hinkley Point in the UK
QNB will issue three-year floating rate notes
Muhammad Ibn al-Dheeb al-Ajami praised the Arab Spring revolts that toppled four authoritarian leaders.
Ooredoo shares listed on the Qatar Exchange are up 34 per cent this year, but remain 8.6 per cent below a 2005 peak.
Doha carrier will become the first Gulf carrier to fly to the Florida city.
The bank made a net profit of $94.8 million in the three months to Sept. 30.
Exclusive: Boeing’s relationship with the airline is “very strong” despite all the Dreamliner issues, says Marty Bentrott, VP sales at Boeing.
QNB posted a net profit of QAR2.4 billion for the three months to September 30
The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.
The lender is planning to hike its paid-up capital by 50 per cent.
An expansion abroad would likely see the state-owned company buying assets abroad.
Britain’s Guardian newspaper reported last week that dozens of Nepali workers had died on building sites.
Currently even small percentage movements in ownership have to be reported to the authority.
The deal, for which a price was not revealed, makes Qatar Holding the sole owner of Qatar Exchange
Britain’s Guardian newspaper reported that dozens of Nepali workers had died on Qatari building sites over the summer
Thomas Bach has claimed that he has received assurance from Sepp Blatter that the tournament will not clash with the Winter Olympics.
Qatar is the only MENA country and one of the two non-European countries to be featured in the list.
GDP rose 0.6 per cent from the first quarter, according to the Ministry of Planning and Statistics.
Ahmad Mehsari from Qatar Islamic Bank will take over as the bank’s acting chief executive.
GCC states’ expenditure on rail schemes, expansion of power generation plants and housing projects is expected to boost capital expenditure in 2013.
The plant, when completed, will produce 10 per cent of the Gulf country’s water.
As football officials debate switching the 2022 World Cup to winter, Qatar asserts that it is equipped for a summer event.