Saturday 6 February 2016
 
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Industries Qatar product price drop hits earnings

Petrochemicals, metals and fertiliser producer Industries Qatar (IQ) blamed lower product prices for an extended earnings slump on Thursday.   Although IQ's sales volumes hit an all-time high, the state-run f

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Qatar banks discuss lower repo rate with central bank

Qatari commercial banks are discussing with the central bank the possibility of reducing its repo lending rate as low oil and gas prices tighten liquidity in the banking system, market sources said on Thursday.  

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Qatar cuts January crude OSP to lowest in at least 12 years

Qatar has cut its January retroactive official selling price (OSP) for crude sales to Asia to the lowest in at least twelve years, in line with a fall in global prices.   The producer set the January OSP for Mari

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Qatar launches project to prevent outages

Qatar General Electricity and Water Corporation (Kahramaa) has launched a mega project to monitor its electricity distribution network in a bid to prevent outages, a report said. The monitoring for asset management of 11kV Electri

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Qatar launches project to prevent outages

Qatar General Electricity and Water Corporation (Kahramaa) has launched a mega project to monitor its electricity distribution network in a bid to prevent outages, a report said. The monitoring for asset management of 11kV Electri

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Murwab unveils new oceanfront resort in Qatar

Simaisma, a Murwab resort, has opened its doors to the public, unveiling an exciting new destination for local guests and global travellers visiting Qatar. The property is owned by Simaisma Resort Company and managed by Murwab Hot

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India's Sahara Group to sell London hotel to Qatar

Indian diversified group Sahara will soon close an agreement to sell the Grosvenor House hotel in London to Qatar, it told a court in India on Tuesday, said a report. The group is also negotiating a deal with a lender for refinancing th

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Qatar joins UN stock exchanges initiative

Qatar Stock Exchange said it has recently joined the United Nations Sustainable Stock Exchanges (SSE) initiative and signed the voluntary commitment to advancing sustainability performance, transparency, and governance practices in QSE market.

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Qatar's Oryx Rotana wins top hospitality ratings

Oryx Rotana, the five-star luxury business hotel in Doha, said it has received top rating from Booking.com, a leading platform for online reservations globally. The Booking.com Guest Review Award with an average of 8.4 rating is b

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Fifa candidates head to Qatar for electoral meeting

Four of the candidates for president of Fifa are heading to Qatar for meetings on Saturday, with one of them, South African Tokyo Sexwale, saying "the time for alliances is coming.”   The development s

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