Home next GCC next Qatar

Qatar

Qatar Puts Hold On £3bn Chelsea Barracks Plan

The UK economy has given the Gulf state reasons to be concerned about the development.

Qtel CEO Addresses Telecoms Gender Divide

Dr Nasser Marafih uses the World Economic Forum in Davos to highlight the issue.

Qatar’s CBQ Posts 19% Q4 Profit Jump, Missing Estimates

The bank earned 447 million riyals in Q4. Analysts had forecast profit of 452.4 million riyals.

Qatar Islamic Bank Appoints New CEO

Bassel Gamal will be responsible for “all the companies and institutions affiliated to QIB inside Qatar and abroad.”

Qatar’s Hamad International Airport Opening April 1

Initially 12 airlines will fly to the new airport and Qatar Airways will move its entire operations in the second half of the year.

Greek PM To Visit Qatar To Discuss Investment

The trip follows the withdrawal of Qatar last week from a multi-billion euro tender to develop Athens’ old airport.

Qatar Telecom Close To Clinching $1bn Loan

Qtel plans to use the amount to fund general business operations, sources said.

Vodafone Qatar Reports Narrowing Q3 Loss

A 26 per cent rise in customers helps the operator trim its losses.

Currency Crisis Won’t Stop Qatar’s Soc Gen Buy

The Gulf bank is buying a 77 per cent stake in National Societe Generale Bank.

Qatar Airways Denies Talks To Buy SpiceJet Stake

Qatar Airways CEO Akbar Al Baker says the carrier has no plans to acquire stakes in any Indian airlines.

Qatar Flying Dreamliner To Munich, Zurich And Frankfurt

Four European routes now feature the aircraft, which remains the subject of an FAA review

Doha Bank Sells Shares To Increase Capital

The Qatari bank will hold a local rights issue as it plans to match the capital levels of its peers.

QNB Posts 11.1% Rise In 2012 Net Profit; Plans To Hire Thousands

Qatar National Bank, the Gulf state’s biggest lender, made a record net profit of QAR8.3 billion last year.

Qatar Airways Sells Cargolux Stake To Luxembourg

Qatar Airways bought the 35 per cent stake last year and sold it back for the original price of $117.5 million.

Qatar Calls For Arab Force In Syria

Sheikh Hamad bin Jassim al-Thani said Arabs “must think seriously” about resolving the crisis.

Tiger Woods Excluded From Qatar Masters

Qatar Golf Association refuses to meet the former world number one’s $3 million fee.

Qatar Airways’ Al Baker Dismisses Dreamliner Concerns

The carrier’s chief executive has said he is not worried by the latest faults to affect Boeing’s 787 aircraft.

Further Problems For Boeing Dreamliner Aircrafts

Two more 787s have been grounded after mechanical problems and fuel leaks.

Qatar Considers Helping Build Turkish LNG Plant

A feasibility study is currently being carried out on the proposed project.

Gulf Airlines Battle For Polish Business

Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally

Qatar To Lend Egypt $2.5bn Extra In Aid

Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.

Banking Special: Assets And Profits Soar In Qatar

High oil and gas prices and a large-scale infrastructure programme buttressed Qatar’s banking sector in 2012.

Qtel Buys Further $360m Stake In Tunisian Telco

Qatar telecom, along with its Kuwaiti arm Wataniya, now owns a 90 per cent stake in Tunisiana.

Qatar Airways Rebuts LDI Denials

German Emirati joint venture company Lindner Depa Interiors (LDI) denied delaying the opening of the New Doha International Airport.

Qatari Growth Slows As Energy Sector Sluggish

The Gulf state’s real GDP rose 3.9 per cent in the third quarter of the year, according to official data.

Qatar Airways Sues German Emirati JV For $600m

Airline claims Lindner Depa Interiors was to build 19 airport lounges at New Doha International Airport by the summer “but failed to complete the project on time”

Qatar Increases 2013 GDP Growth Forecast To 4.8%

The Gulf state had predicted a GDP growth rate of 4.5 per cent for 2013 in June.

Qatar To Pump 200m Euros A Year Into French Soccer Club, PSG

Qatari fund QSI bought French club Paris Saint-Germain in June 2011.

Luxembourg Buys Back Qatar Airways’ Freight Stake

Luxembourg bought the 35 per cent stake back for the original sale price of $117.5 million.

Qatar’s FIFA Bin Hammam Banned For Life

The former FIFA presidential candidate Mohamed Bin Hammam has also handed in his resignation.