DOHA: Commercial Bank of Qatar (CBQ) reported a 28.9 percent jump in third-quarter net profit on Tuesday, beating analysts' expectations on average on increased loan activity and deposits.
Qatar's third-largest bank by market value posted a net (...)
DOHA: Real estate development firm Mazaya Qatar plans to finally list on the Qatar bourse next week and would sign two deals worth $1.5 billion on Tuesday to underpin long-term confidence in the market, its chief executive officer said.
Seraj al (...)
DOHA: State-controlled Qatar Telecommunications Co (Qtel) on Thursday said its $1.5 billion bond sale was more than ten times oversubscribed, as bids exceeded $15 billion.
The company this week launched a $500 million six-year bond and a $1 (...)
DOHA: Qatar, which now has a power surplus, plans to set up an electricity plant with a capacity of up to 5,000 megawatts by 2016 to meet rising demand, said a senior official of Qatar Electricity & Water Co (QEWC).
"At this stage there are plans (...)
DOHA: Vodafone Qatar said its quarterly net loss narrowed 5 percent from the previous quarter as it grew its customer base by 15 percent.
The Qatari affiliate of British mobile operator Vodafone, which is fighting a regulatory decision to allow (...)
DOHA: Qatar National Bank (QNB), the Gulf state's largest lender by market capitalization, posted a 35.4-percent jump in second quarter profit on Tuesday, beating forecasts, as loans and customer deposits grew.
Net profit in the three months to (...)
DOHA: Qatar is expected to be the largest source of global real estate capital during 2010, real estate consultancy Jones Lang LaSalle said in a report published on Sunday.
The country, which has emerged as "a new global powerhouse," is expected (...)
DOHA: Qatar consumer prices rose 0.3 percent month-on-month in April, the third consecutive monthly increase and driven by rising food and transport prices and a slight recovery in housing costs, official data showed on Tuesday.
The world's (...)
DOHA: Egyptian investment bank Beltone Financial said its acquisition by Pioneers Holding was moving ahead and details on the merger would be announced within weeks.
Financial services firm Pioneers said on Nov. 8 it would issue 100 million new (...)
JERUSALEM: For six decades, Sam Sabbagh carried a good luck charm - a parchment he found on the floor of a burned synagogue.
Turns out that parchment likely is more than 1,000 years old, a fragment of the most authoritative manuscript of the (...)