Thursday 17 April 2014
 
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Qatar stocks hits six-year high

Qatar's bourse led gains in the Gulf on Wednesday, followed by markets in the UAE, although trading in Dubai was thin. Weak earnings from petrochemicals weighed on Saudi Arabia. The main Qatar index rose 1.1 percent to 12,454

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Systra, Parson win Doha Metro deal

Qatar Railways has awarded a 170 million euro ($235.18 million) contract to conduct all tests necessary for the operation of the Phase 1 of Doha Metro project, a report said. The contract was won by Systra, a French railway transp

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Qatar to spend $182bn on new projects

Qatar plans to invest around QR664 billion ($182.3 billion) in infrastructure, excluding projects in oil and gas sector, in the next five years, Sheikh Ahmed bin Jassim Al Thani, the Minister of Economy and Trade, was quoted as saying.

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Ooredoo launches new initiatives for Arab youth

Qatar-based telecom company Ooredoo said it has launched a series of initiatives to enable Arab youth to reach their aspirations through use of technology and education. Across the region, young people face a range of issues, incl

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30 French firms to take part in Qatar trade show

More than 30 French companies are set to showcase technology and innovation for the construction sector at a trade show in Qatar next month.   Project Qatar, the 11th international construction technology and bui

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CBQ foreign ownership limit raised to 25pc

Foreign investors can own from Sunday 25 percent of Commercial Bank of Qatar's shares, a statement from the stock exchange said, as the lender becomes the latest firm to loosen ownership restrictions prior to the country's MSCI upgrade.

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Qatar inflation edges down to 2.6pc in March

The annual inflation in Qatar, the world's biggest LPG exporter, edged down slightly to 2.6 per cent after a 2.7 per cent increase in the previous month and a 3.6 per cent jump over the previous year, said a report. The rents and en

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Kuwait hopes for solution to Gulf row soon

Kuwait expects to see "positive steps" taken in a dispute between Qatar and three other Gulf states as soon as this week that may include a decision to send those countries' ambassadors back to Doha, a Kuwaiti official said on Wedn

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Qatar, UAE stocks gain on MSCI upgrade

Top Gulf stock markets, Qatar and the UAE, have posted significant gains since the release of the provisional list by MSCI in June 2013, according to experts.   Having improved in both size and liquidity, many stocks from thes

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Jassim Transport inks Qatar project deal

Jassim Transport & Stevedoring Company (JTC), a diversified business entity with interests in Ports, Contract Logistics, Equipment Leasing and Power Rental, has entered into an agreement with Chicago Maintenance & Construction Company fo

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