Tuesday 18 June 2013
 
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DHL holds family fun day

DHL Express', a leading logistics company, staff and employees got together for a day of family fun at the Doha Rugby Club. About 150 staff and family members of DHL Express Qatar were invited to share this day of fun and game

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Arabtec names Qatar business head

UAE top contractor Arabtec Holding has appointed Samer Abu-Hijleh as the new regional director who will be heading its construction business in Qatar.    Abu-Hijleh will

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Qatar tightens caps on banks' securities investment

Qatar's central bank has tightened its curbs on how much banks can invest in stocks and bonds, according to a circular released by the central bank and seen by Reuters. Banks' total investment in equities and debt instrume

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Ooredoo withdraws bid for key Vivendi stake

Qatar-backed telecom group Ooredoo has withdrawn its bid for Vivendi's 53 per cent stake in Maroc Telecom, leaving rival Gulf operator Etisalat as the remaining bidder. The sale of Morocco's biggest fixed and mobile teleco

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Qatar leadership change to herald little policy shift

A planned leadership change that could see Qatar's Emir eventually ceding power to his son is unlikely to change the Gulf state's taste for bold investments overseas and assertive support for Arab Spring revolts. Analysts

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Qatar developer UDC to raise $428m loan

United Development Company (UDC) , the developer of a man-made island in Doha, said that it is raising a 1.56 billion riyals ($428.4 million) loan facility from Qatar National Bank. The loan would be used to finance the purchase o

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Qatari films to showcase at UK festival

Qatari films based on the stories of Qatari nationals and residents, examining social issues will be showcased at an arts festival to be held on June 15 in Liverpool, UK. As part of the UK Qatar 2013 Year of Culture, the ‘Ma

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MSCI upgrades put Gulf firmly on investment map

Morgan Stanley Capital International's decision to raise the status of two Gulf stock markets in its investment indexes may buoy the entire region, helping in the long term to make it a major destination for global equity funds.

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New Ikea store in Doha sees strong footfall

Swedish home furnishing brand Ikea has now completed over three months of operation in Doha with a strong response from consumers, experiencing a footfall of over 500,000 visitors. The store in Doha offers over 7,500 products and

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UAE, Qatar indices win MSCI upgrade

Morgan Stanley Capital International (MSCI), a leading provider of investment decision support tools worldwide, has decided to upgrade the MSCI Qatar and MSCI UAE indices from Frontier Markets to Emerging Markets.  

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