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Saturday, 15 Jun 2013
Home » Archive by category "Economy" (Page 27)

Global leaders in law set to gather in Doha for the Qatar Law Forum 2012

Global leaders in law set to gather in Doha for the Qatar Law Forum 2012
Posted by on Apr 9, 2012 in Banking, Finance & Insurance, Economy | 0 comments
Global leaders in law are set to gather in Doha for the Qatar Law Forum 2012 from 4 to 6 May to debate the global commitment to the rule of law, with this year’s Forum focusing on change in the Middle East and the world’s current financial challenges. The Qatar Law Forum 2012 provides leaders in law a unique opportunity to discuss the challenge of achieving global understanding and...
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Oman and Qatar banks drive GCC revenue growth

Oman and Qatar banks drive GCC revenue growth
Posted by on Apr 7, 2012 in Banking, Finance & Insurance, Economy | 0 comments
The banking sector in the Gulf region experienced seven percent revenue growth in 2011 after revenues had stagnated the year before, according to a new study by The Boston Consulting Group (BCG). The study, which covers 34 banks across Saudi Arabia, Bahrain, Kuwait, Qatar, Oman, and the UAE, showed profits across the region also increased significantly in 2011 and reached the highest...
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Qatar target Dexia posts net loss of $2.5bn

Qatar target Dexia posts net loss of $2.5bn
Posted by on Apr 6, 2012 in Economy | 0 comments
The Luxembourg arm of Franco-Belgian lender Dexia, which is in the process of being sold to a Qatari investment fund, has posted a net loss last year of 1.9bn euros ($2.5bn) due to its bond portfolio. Banque Internationale Luxembourg (BIL) said it transferred its bond portfolio to Dexia at December 2011 market prices, which contributed to the loss. It also had to sell stakes in units...
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Qatar signs MoU with UN Humanitarian Affairs Coordinating Office

Qatar signs MoU with UN Humanitarian Affairs Coordinating Office
Posted by on Apr 6, 2012 in Economy | 0 comments
The State of Qatar and the UN’s Office for the Coordination of Humanitarian Affairs (OCHA) have signed a memorandum of understanding (MoU). The signing ceremony was held on the sidelines of the “Regional briefing for consolidated humanitarian appeal for 2012″ session which opened here yesterday. The MoU was signed for Qatar by HE Assistant Foreign Minister for...
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Qatar Holding eyes luxury Sardinia assets

Qatar Holding eyes luxury Sardinia assets
Posted by on Apr 6, 2012 in Economy | 0 comments
Qatar’s sovereign wealth fund is set to acquire a number of five-star hotels and a golf club on the Italian island of Sardinia, it has been reported. According to Italian media, Qatar Holding will purchase Smeralda Holding, whose assets on the island include four five-star hotels, the world-class Pevero Golf Club and a marina with 700 yacht berths. The assets are currently held by US...
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Global economic concerns shifts from the Eurozone to China and oil

Global economic concerns shifts from the Eurozone to China and oil
Posted by on Apr 1, 2012 in Banking, Finance & Insurance, Economy | 0 comments
The global economy is looking healthier this spring than it did last year, when many analysts were predicting a breakup of the Eurozone. Markets have rebounded, particularly in the US which is showing positive signs of recovery, and forecasters are steadily revising up their expectations for global growth. However, new threats have emerged which could dampen the optimism, mainly around...
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QR95bn projects set to be awarded in 2012

QR95bn projects set to be awarded in 2012
Posted by on Mar 31, 2012 in Economy, Projects & Real Estate | 0 comments
Projects worth QR95bn are estimated to be awarded in Qatar in the remaining three quarters of 2012, up 153% on the same period last year, a new study by Standard Chartered reveals. In the last three quarters of 2011, projects worth QR37.5bn were awarded in Qatar, Standard Chartered said in its Mena focus. Standard Chartered estimates that there are QR12.3bn worth of projects to be...
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The Arab world has a chance to change climate change perceptions

The Arab world has a chance to change climate change perceptions
Posted by on Mar 30, 2012 in Economy | 0 comments
The attention of much of the Arab world has recently been focused on the landmark Arab League summit, held between 27 and 29 March, the first to be held in Iraq since 1990.  Going forwards, however, preparations are already underway for an even bigger, global conference later this year that will focus the eyes of the globe once again upon the Arab world, specifically Qatar. When it was...
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Qatar economy grows 14% in 2011

Qatar economy grows 14% in 2011
Posted by on Mar 29, 2012 in Economy | 0 comments
Qatar’s economy expanded 14% in inflation-adjusted terms last year as energy exports gave it one of the highest growth rates in the world, although the pace was slower than analysts had expected, preliminary data from the Statistics Authority showed on Wednesday. Real gross domestic product (GDP) of the world’s top liquefied natural gas exporter grew 4.4% quarter-on-quarter in the...
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WPTS networking session highlights pivotal place of GCC states in trade and business strategies

WPTS networking session highlights pivotal place of GCC states in trade and business strategies
Posted by on Mar 24, 2012 in Economy | 0 comments
The GCC remains pivotal to any business strategy in the Middle East and its growing importance in the region’s business and trade activities cannot be ignored, according to Edmund O’Sullivan (pictured), Chairman, Middle East Economic Digest. He was speaking during a networking session in Dubai on Tuesday, 13 March, ahead of the second edition of the World Ports & Trade Summit...
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Qatar seen looking abroad for $88bn funds

Qatar seen looking abroad for $88bn funds
Posted by on Mar 23, 2012 in Economy, Projects & Real Estate | 0 comments
Qatar’s lenders need international banks to help finance as much as $88bn of construction for the 2022 soccer World Cup as deposits in the energy-rich Persian Gulf emirate fail to keep pace with loan demand. Local banks’ capacity to lend may be declining as a pickup in borrowing, particularly by state-owned enterprises, squeezes liquidity. The ratio of Qatari credit facilities to...
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Qatar and Lebanon exchanges Trade and Economic Cooperation Accord

Qatar and Lebanon exchanges Trade and Economic Cooperation Accord
Posted by on Mar 21, 2012 in Economy | 0 comments
The Government of the State of Qatar and the Republic of Lebanon exchanged the ratification instruments of the trade exchange and the economic and technical cooperation accord. The signing ceremony was held at the foreign ministry headquarters here on Tuesday. The exchange minutes was signed for Qatar by HE the Director of the Arab Affairs Department Ibrahim Abdulaziz As-Sihlawi while...
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