Tuesday 22 July 2014
 
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Masraf Al Rayan profit rises 12.1 pc

Masraf Al Rayan, Qatar's largest Islamic lender by market value, has reported a 12.1 percent increase in second-quarter net profit, exceeding analysts' expectations. Analysts polled by Reuters had on average forecast a net profi

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Qatar 2022 probe report delayed till Sept

An investigation into the decision to award the 2022 World Cup to Qatar, initially scheduled for completion this month, is only likely to be finished in September, Fifa said in a statement. &n

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Qatar real estate projects to hit $9bn

Qatar’s real estate project value is set to reach QR35 billion ($9.6 billion) in the next five year, with about 25,000 housing unites to be available by the end of this year, said a report.

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Qatar to implement new expat worker reforms

Qatar's government has approved some measures to improve the treatment of foreign workers following international criticism over the past year, as the country gears up to host the 2022 World Cup soccer tournament. The steps we

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Qatar's retail market hits $8bn mark

Qatar’s retail market has hit QR32 billion ($8.9 billion) mark, as a result of growing demand and higher purchasing power of people, said a report.   The sector is expe

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Qatar to host Gaza talks with Abbas, Ban

Qatar will host a meeting between Palestinian President Mahmoud Abbas and UN Secretary-General Ban Ki-moon on Sunday to try to reach a ceasefire agreement with Israel to bring an end to 12 days of warfare, a senior Qatari source told Reuters.

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Shell quits Qatar gas block

Royal Dutch Shell has abandoned plans to explore for gas in Qatar's Block D after recent drilling failed to turn up commercial volumes at its majority-owned QSD-1 well, sources said. Shell said earlier yesterday that it had wr

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Obesity declines in Qatar on shift to healthy lifestyle

The increase in health and fitness awareness has resulted in a decline of obesity as more and more residents of Qatar shift to a healthier lifestyle, according to a recent study.  

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Doha Bank Q2 net profit up 9.9pc

Doha Bank, Qatar's fourth largest lender by assets, posted a 9.9 percent rise in second-quarter net profit on Thursday, in line with analyst estimates. It made 388 million riyals ($107 million) in the second quarter, according

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UAE, Qatar keep 'frontier' tag despite upgrade

Despite their recent upgrade to the more mainstream emerging market league, United Arab Emirates and Qatar are considered risky enough by many investors that they still treat them like frontier markets. Erratic price moves, diffic

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