Qatar National Bank said that the bond attracted strong investor interest and was several times oversubscribed.
Price guidance for QNB’s new bond was released at 155 basis points over midswaps, with transaction expected Wednesday.
QP had owned 30 per cent of the company having previously spun off 70 per cent in 2008.
Aventicum Capital Management will focus on investments in emerging and frontier markets in the Middle East and Turkey.
The two Gulf countries are planning to buy Lockheed missile-defense systems worth up to $7.6 billion.
Local banks will have home-advantage when financing infrastructure projects but smaller assets than international lenders.
Human Rights Watch described the law as “a commitment to censorship”.
Construction labour costs in the Kingdom are 51 per cent higher than in Qatar, says new report.
The Qatari lender hopes to increase capital by up to $1.6 billion in 2013.
Sheikh Hamad bin Khalifa al-Thani denounces Israel’s policies and praises the people of Gaza on first ever visit.
About 70 per cent of companies in the GCC are also planning to increase headcount next year, says new survey.
The company made a third quarter net profit of 1.07 billion riyals while domestic revenue for the first nine months rose 9.4 per cent.
Senior spokespeople confirm that Qatar will meet its construction deadline for the World Cup.
The tiny Gulf state is looking to host pre-season testing and eventually its own grand prix at its Losail Circuit.
Reports claimed that Silvio Berlusconi was considering selling a 30 per cent stake to Qatar for 250 million euros.
Global firms and large regional names are losing their top talent to Qatari lenders who offer better pay and stability.
Qatar’s indicator for sector performance in the region reports a 15 per cent rise in net profit for first nine months of the year.
The assets being sold include land in Qatar and the Barwa New Cairo project in Egypt.
The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.
Order books for the deal reportedly hit over $6 billion ahead of launch.
The Qatari lender, part-owned by Qatar Holding, revealed profits last year of 243.7 million riyals.
Chief Executive Al-Baker says his airline will not join British Airways as part of the airline alliance.
As Qatar modernises itself for the 2022 FIFA World Cup, conservative traditionalists express concern.
A whistle-stop tour of Singapore, UAE and London as Deutsche Bank, HSBC and QInvest LLC are mandated for the Islamic bond.
The Gulf state will help set-up a Franco-Qatari fund aimed at investing millions of Euros into depressed French suburbs.
The investment bank is reducing staff in Dubai and relocating some jobs to Qatar, say sources.
The Qatari lender said that it will use the additional capital to meet strategic business requirements.
Sheikh Abdullah bin Saud al-Thani estimates two to three per cent inflation for 2012.
The bank has hired HSBC, Standard Chartered, Deutsche Bank and QInvest to manage the issuance.
The Qatari bank has bought the properties as it looks to capitalise on London’s growing demand for high-end real estate.