Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally
Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.
High oil and gas prices and a large-scale infrastructure programme buttressed Qatar’s banking sector in 2012.
Qatar telecom, along with its Kuwaiti arm Wataniya, now owns a 90 per cent stake in Tunisiana.
German Emirati joint venture company Lindner Depa Interiors (LDI) denied delaying the opening of the New Doha International Airport.
The Gulf state’s real GDP rose 3.9 per cent in the third quarter of the year, according to official data.
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”
The Gulf state had predicted a GDP growth rate of 4.5 per cent for 2013 in June.
Qatari fund QSI bought French club Paris Saint-Germain in June 2011.
Luxembourg bought the 35 per cent stake back for the original sale price of $117.5 million.
The former FIFA presidential candidate Mohamed Bin Hammam has also handed in his resignation.
Qatar’s Masraf Al Rayan will have until the new year to decide on a proposed takeover of the lender.
Boeing’s Dreamliner 787 promises more efficient fuel technology and cleaner air for passengers.
The airline’s chief executive criticises Boeing as electrical faults force new 787 to remain on the tarmac.
Qatar Airways took delivery of the first of 60 Dreamliners last month with the third 787 joining the airline’s fleet a few days ago.
The sale is expected to be completed in the first half of 2013.
The Czech government said last week it was in early stage talks with Qatar Airways and Korean Air.
The Gulf state posted real GDP growth of 14.1 per cent in 2011.
Qtel has mandated six banks to help arrange the potential bond, which is expected to be at least $500 million.
Qatar’s C-17s supported the NATO-led operation in Libya earlier this year.
Greece’s Hellenic Defense Systems (EAS) and Hellenic Vehicle Industry (ELVO) are among assets earmarked for privatisation.
Steinway Piano Gallery will be displaying a crystallised 1/6 scale model grand piano worth AED12 million for the first time
The ex-Manchester United player has attracted the interest of Qatar and UAE-based teams.
Group owner Vivendi is selling 53 per cent of its stake in the Moroccan mobile operator.
The carrier has started four-times weekly services between Doha and Warsaw.
The law provides for an umbrella body to regulate banks, financial services and insurance companies.
Czech Airlines, a member of the Sky Team alliance, lost $12.10 million last year.
Qatar Holding now owns 88 per cent of the bourse, with NYSE Euronext holding the remaining 12 per cent.
Qatar Airways is the launch customer for the future A350.
The gas-rich state has so far disappointed environmentalists by failing to reduce emissions.