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Wednesday, 22 May 2013
Home » Archive by category "Economy" (Page 31)

Qatar treasury bills to start trading on securities exchange

Qatar treasury bills to start trading on securities exchange
Posted by on Dec 26, 2011 in Banking, Finance & Insurance, Economy | 0 comments
Qatar has completed procedures to list government debt instruments for trade on its securities exchange, aiming to stimulate investment in them by commercial banks and other institutions, the central bank said on Monday. Trade in short-term Qatari Treasury bills will begin on the Qatar Exchange this Thursday, central bank governor Sheikh Abdullah bin Saud Al Thani said in a statement,...
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National Leasing Company plans rights issue in February

National Leasing Company plans rights issue in February
Posted by on Dec 23, 2011 in Economy | 0 comments
The National Leasing Holding Company will discuss at its Extra-ordinary General Assembly (EGA), February next year, the offering of rights shares at the rate of one for every two held at a premium of QR 19.50 for the nominal value of QR 10 per share. The company’s Board of Directors took this decision Tuesday while drawing up its agenda for the EGA to be held February 12 as well...
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Qatar injects $2bn to revive finance hub dream

Qatar injects $2bn to revive finance hub dream
Posted by on Dec 21, 2011 in Banking, Finance & Insurance, Economy | 0 comments
Qatar’s sovereign wealth fund is quietly putting up as much as $2bn in an effort to tempt asset management companies to beef up the country’s stubbornly small financial services industry. Bankers say the Qatar Investment Authority plans to invest the money in global and regional asset managers setting up in the Gulf state, whose bespoke Qatar Financial Centre has failed so...
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Doha Trade Fair returns in January 2012

Doha Trade Fair returns in January 2012
Posted by on Dec 20, 2011 in Economy | 0 comments
Offering the widest possible range of products under one roof, Qatar’s biggest shopping carnival of the year, the Doha Trade Fair (DTF) 2012, is geared up to welcome thousands of expected visitors from home and throughout the region when doors open on New Year’s Day. Organized by Qatar Tourism Authority (QTA) in cooperation with q.media events, the 2012 edition of one of the...
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Qatar 2012 outlook positive but growth to slow, says IMF

Qatar 2012 outlook positive but growth to slow, says IMF
Posted by on Dec 18, 2011 in Economy | 0 comments
Qatar’s economic growth will slow next year and it faces an increased risk of lower oil and gas prices due to weaker global demand, but the overall outlook for its economy is positive, the International Monetary Fund said on Sunday. The world’s top liquefied natural gas exporter saw its economy expand at a double-digit clip in 2011 and it plans to spend heavily on infrastructure...
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Call for stern action against job frauds

Call for stern action against job frauds
Posted by on Dec 16, 2011 in Business, Economy | 0 comments
The National Human Rights Committee (NHRC) has called on the Ministry of Labour to take steps to unify the job contracts of foreign workers issued by recruiting agents in Qatar and the countries of origin to protect the newly recruited workers from being cheated after their arrival in the country. The issue was raised in a workshop organised by the NHRC which was attended by experts and...
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Steel, metal and building material trade in Jafza up 14% last year

Steel, metal and building material trade in Jafza up 14% last year
Posted by on Dec 11, 2011 in Economy | 0 comments
Steel, Metal and Building Material companies based in Jafza generated trade worth AED 12.26 billion in 2010 registering a growth of 14% last year in comparison to AED 10.75 billion in 2009. The figures reflect trade of construction and building materials including iron, steel, cement, plastering materials, stone and other similar goods. Jafza officials announced these figures at the...
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Malaysia and Qatar to set up US$2bil fund

Malaysia and Qatar to set up US$2bil fund
Posted by on Dec 9, 2011 in Economy | 0 comments
Malaysia and Qatar will jointly pump in RM1 billion (RM3.1 billion) each to set up a fund to invest in both countries and in Asia. The announcement was made by Prime Minister Datuk Seri Najib Tun Razak (pictured) and Qatari Prime Minister Sheikh Hamad Jassim Jaber Al Thani, following their meeting in Putrajaya yesterday. Sheikh Hamad is on a three-day official visit to Malaysia, his...
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Private sector borrowing picks up

Private sector borrowing picks up
Posted by on Dec 9, 2011 in Banking, Finance & Insurance, Economy | 0 comments
The annual growth rate of bank credit to the private sector in Qatar has picked up strongly in 2011. It has climbed steadily from 4.3% in January to reach a peak of 18.8% in August, where it has levelled off. Total bank credit to the private sector reached QR221bn (US$60.7bn) at the end of October 2011, representing 61% of total domestic credit. QNB Capital notes that the growth rate...
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Qataris highly engaged at workplace

Qataris highly engaged at workplace
Posted by on Dec 3, 2011 in Economy | 0 comments
A report released recently  says that Qatari nationals are more highly engaged at workplace (66 percent) than their male counterparts in the GCC, where the average is lower at 54 percent. The report which is based on an extensive study suggests that on average women are less engaged than their male counterparts in the GCC, but Qatar bucks this trend with engagement scores of 70 percent...
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Qatar most transparent in Mideast

Qatar most transparent in Mideast
Posted by on Dec 2, 2011 in Economy | 0 comments
Qatar has maintained its position as the least corrupt nation in the Middle East and North Africa region but slipped three notches from last year in the Corruption Perception Index 2011 (CPI 2011) released by Transparency International yesterday. Although Qatar was down from 19th last year to the 22nd place among 183 countries, it still grabbed the top spot among 18 MENA countries. It...
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New anti-corruption authority created

New anti-corruption authority created
Posted by on Dec 2, 2011 in Economy | 0 comments
HH the Emir Sheikh Hamad bin Khalifa Al Thani has issued the Emiri Decision No. 75 of 2011 for the creation of the Administrative Control and Transparency Authority, to act as an anti-corruption watchdog overseeing government agencies and the handling of public funds. HE Hamad bin Abdullah Al Attiyah (pictured), Deputy Prime Minister and Chief of the Emiri Diwan, has been appointed as...
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