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IDB, Albaraka, Qatar to Launch $1 Bln Islamic Bank

The Saudi-based Islamic Development Bank (IDB), Saudi lender Dallah Albaraka Group and Qatar have signed an agreement to launch an Islamic bank, officials said on Tuesday

April 4, 2012 8:59

STRATEGIC: Qatar Forms A Taste For Foreign Strategic Assets

The willingness to target big names in Europe's energy and defense sector illustrate how quickly the seven-year old Qatar Investment Authority, with an estimated $60 to $100 billion in assets, has found confidence says Una Galani

March 15, 2012 4:00

Middle East airlines ‘unstoppable’ – Emirates Executive

A top Emirates executive has delivered a warning to Europe's struggling airlines that they could lose more business to booming Middle East carriers as they pay the price of years of political neglect.

March 12, 2012 3:49

Qatar Finance Minister: Next FY budget won’t expand much

Qatar's state budget for next fiscal year will be roughly the same size as the current year's budget, finance and economy minister Youssef Kamal said on Monday.

March 12, 2012 1:44

Nothing Personal: Qatar’s business dealings in Britain catches attention of sensationalist title

Some people are facing the realities of shifting influences in the global economy. Some are pragmatic, but others are a nostalgic for the good old days.

March 11, 2012 5:24

Qatar Airways chief says IPO postponed for years

Any stock market flotation of Qatar Airways has been pushed back by several years due to wider economic turmoil, the chief executive of the Gulf state's flag carrier said.

March 10, 2012 5:04

Release of Qatar budget delayed

The deadline for releasing Qatar's state budget for the coming fiscal year will be pushed back to the end of May because of changes to the government's accounting system and the way it prepares budgets, Qatar's state news agency said on Thursday, citing a decision by the cabinet.

March 8, 2012 3:29

Qtel wins deal for Doha Airport Telecom services

Qatar Telecom (Qtel) has been awarded a contract to provide telecoms services at the new $11 billion Doha airport scheduled to open in December, the former monopoly said on Tuesday.

March 7, 2012 1:56

UAE’s NBAD eyes regional mandates

National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.

March 7, 2012 1:30

Fitch assigns Qatar-based Doha Bank’s EMTN programme ‘A’ rating

Fitch Ratings has assigned Doha Bank Q.S.C.'s (Doha Bank) $2 billion euro medium-term note (EMTN) programme a Long-term senior unsecured debt rating of 'A' and a Short-term senior unsecured debt rating of 'F1'.

March 6, 2012 10:52

Qatar’s Barwa posts 8.9 percent drop in 2011 net profit

Qatar's Barwa Real Estate Group said on Monday its 2011 full-year net profit fell by 8.9 percent to 1.29 billion riyals ($354.35 million), compared with 1.41 billion riyals the previous year.

March 5, 2012 1:29

Qatar Keeps April Land Crude Supply To Asia Steady

The move was expected as Qatar has been supplying the grade to customers at full contracted volumes since 2009.

March 2, 2012 4:43

Build it and they may come: Dubai’s World Expo 2020 bid

Dubai may gain around $7.4 billion in return for a $2-$4 billion investment on the World Expo 2020 bid. But after all of this, will Dubai be the chosen one?

February 29, 2012 3:51

Qatar developer UDC shareholders OK strategic shareholder

Shareholders of Qatar's United Development Company (UDC) approved on Tuesday a government-backed strategic shareholder to take a $440 million stake in the builder of the man-made Pearl island project, the company said in a statement.

February 29, 2012 1:37

Can the Middle East create 15M jobs over 10 years?

Job creation is one of the most pivotal issues in the Middle East. But is the current public spending and business environment enough to cater to this wave of jobseekers?

February 28, 2012 4:45