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Qatar Buys Stake In Shell Oil

Qatar Investment Authority has reportedly acquired between three to five per cent of oil major Royal Dutch Shell.

Qatar Picks Banks For Sukuk- Sources

Qatar has reportedly mandated five banks to help arrange a new sovereign Islamic bond.

Qataris Spend $4,100 Per Day On Travel

Compared to the rest of the world, GCC nationals on average spend 260 per cent more on airfares.

Qatar Airways To Defer A380 Delivery

The airline’s CEO Akbar al Baker expressed concerns about wing cracks on the aircraft.

Qatar-Led Group Takes Over Damas

A consortium led by Qatar’s Mannai Corp said that its $445 million offer for a majority stake in the Dubai jeweler has been accepted.

Qatar Lends Tunisia $500m

The five-year loan will boost Tunisian government finances, according to its central bank.

QNB Buys Stake In Libyan Bank

Qatar National Bank has acquired a 49 per cent stake in Libya’s Bank of Commerce and Development for an undisclosed sum.

QIA Plans $10bn Indian Investment

Qatar Investment Authority said it is looking to invest $10 billion in India, but is waiting for policies to change in the country.

Drake & Scull Won Dhs1.3bn Deals In Q1

The UAE-based construction company will eye major contracts in Qatar this year.

QNB Posts 17.4% Q1 Net Profit Rise

Qatar National Bank recorded a net profit of $549 million during the first quarter of the year.

Qatar’s Xstrata Stake Worth $2.65bn

Qatar Investment Authority (QIA) currently holds a five per cent stake in global mining and metals company Xstrata.

New $1bn Islamic Bank In Doha

Saudi Arabia’s Islamic Development Bank and Dallah Albaraka Group have signed an agreement with Qatar to set up the new bank.

Qapco, Taiwan’s CTCI Sign Deal

Qatar Petrochemical Company has awarded construction contracts worth QR604 million to expand its ethylene plant.

GCC Oil And Gas Reserves Worth $65trn

The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.

Al Baker Backs Boeing, Airbus

The outspoken head of Qatar Airways has expressed support for the planemakers as they struggle to resolve production flaws.

Mannai’s 2011 Profits Soar

The Qatari conglomerate saw net profits for the year increase by 21 per cent year-on-year to reach $76.6 million.

World’s Richest Nation: Qatar

The Gulf country with a GDP of $88,000 in 2010 qualifies as the world’s wealthiest nation, according to Forbes.

Qatar’s UDC In Investor Talks Again

The company’s plan to raise QAR160 million through a share issue had ended after an investor pulled out.

QIA Buys Credit Suisse London HQ

Qatar’s sovereign wealth fund acquired the building for an undisclosed sum and has now leased it back to the bank.

QNB Prices $1bn Bond

The bond was five times oversubscribed and received orders from more than 270 investors globally.

US Firm Wins $8.2bn Qatar Contract

Colorado-based CH2M Hill has won the FIFA World Cup construction management contract.

Damas Hires Nomura For Deal

Doha-based Mannai is planning to buy 58.8 percent of Damas in a deal estimated to be worth around $445 million.

UAE, Qatar Stop Trade Finance To Iran

The move follows the stringent financial and trading sanctions imposed by the US and EU on Iran.

Qatar’s GDP Grew 19% In 2011

According to the IMF, Qatar’s economy is expected to grow six per cent in 2012.

QIA To Buy Credit Suisse London HQ

Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”

Qatar Acquires Two Raffles Hotels

Qatar Nationals Hotels Company took over properties in Paris and Singapore.

Nothing Is Going To Stop Us Now

Akbar Al Baker, CEO of Qatar Airways, speaks exclusively to Alicia Buller about Western detractors, rising oil prices, and why there’s enough future global demand to fill his record order book.