Friday 29 March 2024
 
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QShip approves sale of unit for $110m

Qatar Shipping (QShip) said on Wednesday its board had approved the sale of its Qatar Engineering and Construction unit for $110 million. The sale is to a consortium led by Qatar America Asia Consortium, the company said in a statement on

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Qatar Shipping profits rise

Qatar Shipping Company (QShip) profits for 2007 stood at QR621.366 million ($171 million) as against QR458.59 million in 2006. The board of directors of the company approved the financial statements for the year 2007 at a meeting held las

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