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Friday, 18 May 2012
Home » Archive by category "Economy"

Booz Allen Hamilton to support business and economic growth in Qatar

Booz Allen Hamilton to support business and economic growth in Qatar
Posted by on May 16, 2012 in Business, Economy | 0 comments
Booz Allen Hamilton (NYSE: BAH) announced yesterday it has been licensed by the Qatar Financial Centre Authority to pursue business opportunities in Qatar in support of domestic economic diversification. The firm will focus its expertise on providing specialist services to government and commercial clients on critical issues related to the nation’s development, most notably in the...
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Qatar’s SWF takes stake in Royal Dutch Shell

Qatar’s SWF takes stake in Royal Dutch Shell
Posted by on May 12, 2012 in Economy | 0 comments
Qatar’s sovereign wealth fund has taken a stake in Royal Dutch Shell, it was confirmed on Friday. Qatar Investment Authority is also negotiating a stake in Italy’s ENI, according to a report in the Middle East Economic Survey. “We are delighted to welcome the Qatar Investment Authority (QIA) as a long term and major shareholder in Shell, and particularly given our...
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Qataris target building 10% Xstrata stake

Qataris target building 10% Xstrata stake
Posted by on May 12, 2012 in Economy | 0 comments
Qatar’s sovereign wealth fund plans to buy at least 10 per cent of Xstrata as part of a long-held strategy to invest in Glencore, suggesting the Gulf state could provide crucial support to the pair’s $90bn merger deal. The world’s biggest commodities trader and the miner have spent weeks wooing investors but several of Xstrata’s shareholders, including Standard...
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Press Conference to announce ASEAN Gala Dinner 2012

Press Conference to announce ASEAN Gala Dinner 2012
Posted by on May 3, 2012 in Economy | 0 comments
ASEAN Committee in Doha (ACD) will host its first Gala Dinner on 14th  of June at katara Halls, announced its chairman Ambassador of Malaysia Ahmad Jazri Mohd Johar along with his colleagues from other ASEAN resident embassies in Qatar, today at press conference held in Doha. Resident Embassies of ASEAN host the Gala Dinner at Katara Halls on 14 of June 2012. With ASEAN’s vision ‘...
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Fair pay and home ownership displace democracy as top priorities in Arab Youth Survey

Fair pay and home ownership displace democracy as top priorities in Arab Youth Survey
Posted by on May 2, 2012 in Economy | 0 comments
Earning a fair wage and owning a home are now the two highest priorities for young people in the Middle East – displacing “living in a democracy” as the greatest aspiration of regional youth, according to the findings of the ASDA’A Burson-Marsteller Arab Youth Survey 2012, the largest study of its kind of the region’s largest demographic. Informed by 2,500 interviews conducted...
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Director of Traffic Department expects to reduce fines

Director of Traffic Department expects to reduce fines
Posted by on May 1, 2012 in Economy, Tourism, Transport & Leisure | 0 comments
The Brigadier Mohammed Saad Al Kharji, Director of Traffic Department expected  to conduct a comprehensive reevaluation of the current traffic law after 5 years of its application. He also revealed the formation of a committee of experts to conduct the this reevaluation that is expected to result in a review of the traffic violation fines and study of the possibility of reducing...
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QNB Group: Expanding central bank balance sheets pose a risk to global economy

QNB Group: Expanding central bank balance sheets pose a risk to global economy
Posted by on Apr 28, 2012 in Banking, Finance & Insurance, Economy | 0 comments
The balance sheets of the world’s four largest central banks have expanded 2.6 times over the last five years from US$3.5tn in January 2007 to US$9.1tn in March 2012 at a compound annual growth rate (CAGR) of 20%. Between 2000 and 2007, the balance sheets of central banks in advanced economies remained within a range from 9% to 13% of GDP. Since then they have risen to over 20% of...
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Qatar keen on integrating sustained development in local development plans

Qatar keen on integrating sustained development in local development plans
Posted by on Apr 27, 2012 in Economy | 0 comments
The State of Qatar has confirmed its commitment to integrating sustainable development plans in local development plans and in trade policies, and to supporting  all international efforts towards green economies. Qatar’s position was spelled out in a speech  delivered by HE Ambassador Sheikha Alya Ahmed Bin Seif Al Thani, Permanent Representative of Qatar at the United Nations...
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UNCTAD XIII concluded

UNCTAD XIII concluded
Posted by on Apr 27, 2012 in Economy | 0 comments
The 13th United Nations Conference on Trade and Development (UNCTAD XIII) was concluded this evening at Qatar National Convention Centre. Participants endorsed items of the closing session’s agenda which included  the Doha Manar Mandate and the Doha Mandate. Heads of participating delegations and groups praised, in remarks at the closing session, the efforts made by the state of...
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Qatar outlines plan to boost global growth

Qatar outlines plan to boost global growth
Posted by on Apr 21, 2012 in Economy | 0 comments
Qatar, which will take over the UNCTAD (United Nations Conference on Trade and Development) presidency for the next four years from Ghana today, has outlined plans to enhance the global growth by following a “convergence” approach. The high-profile UNCTAD conference, which will start today at the Qatar National Convention Centre and held for the first time in the Middle East...
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Qatar acquires 5.2% stake in US jewellery giant

Qatar acquires 5.2% stake in US jewellery giant
Posted by on Apr 21, 2012 in Economy | 0 comments
Qatar’s sovereign wealth fund has acquired a 5.2 percent stake in Tiffany, the US-based jewellery retailer, it was reported on Friday. The stake expands the portfolio of the Qatar Investment Authority, which also owns Harrods, the luxury London department store, a 17 percent stake in Volkswagen and a one percent stake in LVMH, the French luxury group which owns Louis Vuitton, the...
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Qatar lends Tunisia US$500m

Qatar lends Tunisia US$500m
Posted by on Apr 21, 2012 in Economy | 0 comments
Qatar lent Tunisia US$500m in a private placement this week, the Tunisian central bank said on Wednesday, to help government finances recover from last year’s uprising. The five-year loan carries an interest rate of 2.5 percent, the central bank said in a statement. A finance ministry official said last month that Qatar would subscribe to US$500m in five-year Tunisian treasury...
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