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Qatar to boost spending by 27 percent

Qatar plans to boost spending by 27 percent in 2012/13

Expenditures projected at 178 billion riyals, surplus 28 billion; Government sees surplus of 8 percent/GDP vs. 6.7 percent in 2011/12 – QNA; Spending on public wages jumps 48 percent, projects up 7 percent

May 30, 2012 12:37
 
Qatar Shell-Seimens

Qatar stakes in Siemens, Shell reflect drive to step up development

State seeks stakes in companies pegged for role in its domestic development; Sees strong long-term outlook for commodities; Turns towards energy, diversifying bank, property-heavy portfolio

May 24, 2012 2:19
 
http://www.dreamstime.com/-image17886304

Qatar amasses €2.4 billion stake in Siemens

Doha Insurance Company exceeds 3 percent threshold on May 7; Qatar adds Siemens to portfolio of German holdings; Already owns stakes in Volkswagen, Porsche SE and Hochtief; Shares down 1 percent, lag European sector index

May 17, 2012 11:16
 
Former Real Madrid Striker Raul Joins Qatar's Al Sadd

Former Real Madrid Striker Raul Joins Qatar's Al Sadd

Former Real Madrid striker Raul has joined Al Sadd of Qatar after leaving Schalke 04 at the end of his contract with the Bundesliga club, the Asian champions said on Saturday.

May 13, 2012 9:19
 
Qatar energy minister says Middle East oil supply reliable

Qatar energy minister says Middle East oil supply reliable

Qatar's energy minister said on Monday oil production in the Middle East remains reliable and there is no shortage of supply in the market

May 7, 2012 3:31
 
In Pictures: The tallest cities in the Arab world

In Pictures: The tallest cities in the Arab world

Three of the UAE’s cities have made it onto a list of tallest cities in the world, compiled by a German building data company. Kipp takes a look at the Arab cities that have skylines worth watching.

May 1, 2012 3:45
 
Qatar Hotel Group Targets Europe and United States

Qatar Hotel Group Targets Europe and United States

Qatar National Hotels (QNH) will look to Europe and the United States for its next acquisition after the state-owned hotel group bought Raffles hotels in Paris and Singapore this year, its chairman said on Monday

May 1, 2012 9:58
 
Qatar to Co-Invest With Barclays Resources Unit

Qatar to Co-Invest With Barclays Resources Unit

Qatar has signed a deal to co-invest $250 million with Barclays' natural resources private equity investment unit, underlining the gas-rich Gulf state's desire to plough some of its commodity wealth back into the sector

April 30, 2012 2:53
 
Qtel Calls for $2 Billion Loan

Qtel Calls for $2 Billion Loan

Qatar Telecom has sent requests for proposals to international lenders for a $2 billion refinancing loan that will mark its return to the market after a two-year gap, bankers close to the deal said.

April 23, 2012 4:13
 
Commercial Bank of Qatar Q1 Profit Rises 5.6 Percent

Commercial Bank of Qatar Q1 Profit Rises 5.6 Percent

The Commercial Bank of Qatar (CBQ) posted a 5.6 percent jump in first quarter profit on Sunday on increased lending and deposits, but still fell shy of analysts' average forecast.

April 23, 2012 9:17
 
Rappers in our hood

Rappers in our hood

A new rap song puts Abu Dhabi in the spotlight - for better or for worse. This isn't the first time the region's been featured in a song, and Kipp suspects it won't be the last time.

April 22, 2012 4:23
 
Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar's aggressive sovereign wealth fund, the Qatar Investment Authority (QIA), has $30 billion to spend this year, executive board member Hussain Al Abdulla said at a conference on Sunday.

April 22, 2012 4:17
 
Qatar Fund Bullish On Brazil, Other Emerging Markets

Qatar Fund Bullish On Brazil, Other Emerging Markets

Qatar Holding, a unit of the gas-rich Gulf state's sovereign wealth fund, is bullish on emerging economies, its chief executive told reporters on Sunday.

April 22, 2012 4:03
 
Samsung Awarded Two Contracts for Qatar's Lusail City

Samsung Awarded Two Contracts for Qatar's Lusail City

Qatar's Lusail Real Estate Development Company (LREDC) has signed two agreements with Samsung C&T Engineering and Construction Co, a subsidiary of Samsung Group, to build bridges, highways and electricity plants.

April 9, 2012 4:31
 
Qatar Builds $2.65-Bn Xstrata Stake Ahead Of Glencore Deal

Qatar Builds $2.65-Bn Xstrata Stake Ahead Of Glencore Deal

Fund QIA now holds 5 pct in Xstrata, data shows; QIA has been raising stake since Glencore merger announcement; QIA stake valued at around $2.65 bln

April 9, 2012 4:19
 
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