Despite an oversupply of hotel rooms in Doha, Four Seasons will open its second hotel in the city, says senior official.
The new firm is backed by Qatar’s sovereign wealth fund, Qatar Holding.
Commercial Bank of Qatar has hired Morgan Stanley and Bank Of America Merrill Lynch for the issue of a Tier 1 bond.
Qatar plans to boost government spending by 18 per cent to QR210.6 billion in the 2013/14 fiscal year.
Three large deliveries from Qatar of super-cooled gas over the last week increased stocks of liquefied natural gas to 6,219 GWh.
Economic growth in Qatar is expected to be more than four per cent this year, driven by the non-hydrocarbon sector.
Despite official safety claims, 43 per cent of the UAE’s residents still say they have never taken part in a fire drill, finds new survey by Honeywell.
Growth for the fourth quarter slowed 0.1 per cent from Q3 but still grew 6.6 per cent on the previous year.
Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).
The investment bank plans to launch at least 30 Islamic funds over the next three years
Qatar’s emir, Sheikh Hamad bin Khalifa Al-Thani, said his country will contribute $250 million to the fund.
Individual shareholders and investment funds holding minority stakes in NSGB will have to pay a 10 per cent tax on their gains.
FIFA president Sepp Blatter has said that any request to change the timing of the event from summer to cooler months would have to come from Qatar.
It is often unclear what Doha wants back from its investments – an ego boost, political, or a financial return.
The new capacity raises its Iraq network to five destinations and frequencies to 20 weekly services
First-quarter sales volumes will be down by around 40,000 bpd partly due to production issues in the MENA region.
The value of the transaction is seen at around $460 million.
Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.
Government spending related to the World Cup will hit almost $115 billion between now and 2022, says new study.
Qatar Investment Authority has reportedly approached several large private equity houses to jointly bid for British retailer Marks & Spencer.
The Qatari firm is in talks with around 9-10 banks about committed financing for a bid.
Last month Egypt’s financial regulator approved an offer by Qatar National Bank for NSGB.
The discovery was made at the 4-North offshore block near Qatar’s massive North Field.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
France’s ex-President would take a non-executive role to help direct where to invest $650 million.
Qatar signed an MoU with Islamic Development Bank and the Dallah Albaraka Group last year to establish a new international Islamic bank.
Qatar has been a key source of foreign aid to Egypt since its 2011 revolution giving $5 billion.
The 2013 Gulf Business Salary Survey reveals the highest paying jobs in the country.
The country ranked 28th overall in the World Economic Forum’s Travel & Tourism Competitiveness Report 2013.
The Gulf state’s central bank will offer local banks 3 billion riyals worth of bonds and 1 billion riyals worth of Shariah-compliant notes.