Sunday 23 July 2017
 
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Qatar logistics firm GWC's net profit up 4pc

GWC, a leading logistics provider based in Qatar, said it has registered a net profit of QR105.3 million ($29 million) for the first half of 2017, up four per cent over QR101.3 million ($27.7 million) for the same period last year.

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Qatar must commit to six principles: Arab quartet

Four Arab nations that have cut ties with Qatar urged the country to commit to six principles on combating extremism and terrorism and negotiate a plan with specific measures to implement them, a report said. Saudi Arabia, the UAE

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Qatar UDC revenue surges 32pc in H1

United Development Company (UDC), a leading Qatar-based developer, said it has achieved a 32 per cent growth in its revenues for the first half of 2017 compared to the same period last year despite economic challenges. The master

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Egypt to suspend visa-free entry for Qataris

Egypt has announced plans to withdraw its visa-free entry facility for Qatari nationals, said a report. The decision, which comes amid ongoing diplomatic crisis between Qatar and four Arab nations, will come into effect on July 20

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Qatar spent billions in support of jihadists: UAE minister

Qatar spent billions of dollars in support of specific individuals and organisations, including those linked to Al Qaeda, Dr Anwar bin Mohammed Gargash, UAE Minister of State for Foreign Affairs, has said. Dr Gargash made the rema

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Al Khaliji H1 net profit stays steady

Al Khalij Commercial Bank (al khaliji) reported a net profit of QR319.8 million ($87.02 million) for the first six months of this year, compared to QR320 million for the same period in 2016. This was driven by growth of 3.4 per ce

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Qatar plans $435m food storage, processing facility

Qatar will build a QR1.6 billion ($435.3 million) food storage and processing facility at Hamad Port capable of supplying a stockpile for three main commodities – rice, sugar, and edible oils – for 3 million people for two and a half

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AlJaber seals $438m Qatar warehouses contract

Qatar-based AlJaber Engineering (JEC) has been awarded contracts worth QR1.6 billion ($438 million) by New Port Project (NPP) steering committee for designing and building food security facilities and warehouses at Hamad Port in capital Doha.

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Qatar opens first phase of New Orbital Highway

Qatar's Public Works Authority (Ashghal) said it has opened the first phase of the New Orbital Highway and Truck Route, which will serve as a vital link between the southern and northern areas of the country. Phase One include

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Oman, Qatari businessmen plan 3 projects

Businessmen from Oman and Qatar are expected to launch three manufacturing projects, said a senior official from Zubair Corporation. The company has three projects under consideration based on partnerships between Qatari and Omani

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