Qatar news

Alwaleed has topped the same list for nine years in a row
26 September 04:48 PM Alwaleed tops list for most influential Arabs
Riyadh - Mubasher: Prince Alwaleed bin Talal has been ranked number one in Middle East Magazine’s 2017 list of the World’s 50 Most Influential Arabs, for the ninth consecutive year. The chairman of Kingdom Holding Company (KHC) and Alwaleed …
The main index went up 1.42% or 119.79 points to 8,569.26 points.
26 September 03:35 PM QSE closes Tuesday up 1.42%
Mubasher: The Qatar Stock Exchange (QSE) ended the Tuesday’s session in green, backed by the rise in all sectors. The main index went up 1.42% or 119.79 points to 8,569.26 points. The industrial sector topped the gainers with 2.53%, backed by the …
The price of Brent crude oil rose by 4%
26 September 12:08 PM Kuwait crude oil up 56 cents Monday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 56 cents to reach $54.06 per barrel (pb) on Monday compared to $53.50 pb on Friday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC). The price of Brent crude oil …
Brent futures went up by 3.9% to $59.13 per barrel
26 September 01:13 AM Brent jumps 4%, breaks $59 level
Mubasher: Brent crude oil rose by 4% during Monday trade, surpassing the level of $59, amidst a dominant positive sentiment, as investors are optimistic regarding cutting output. By 9:34 PM (GMT), Brent futures went up by 3.9% to $59.13 per barrel …
Trump is expected to propose cutting corporate tax rate to 20%
26 September 12:27 AM Trump to unveil more tax reform details Wednesday
Mubasher: US president Donald Trump is set to reveal new details of his tax reform plan on Wednesday, according to the White House. The White House press secretary Sarah Huckabee Sanders said in a press conference on Monday that Trump will give a …
Gold futures went up by 1.1% to its highest level in 10 days
26 September 12:22 AM Gold prices surge on rising geopolitical risks
Mubasher: Gold prices have risen by the end of Monday trade, increasing by around $14 and exceeding the level of $1,300, as more geopolitical risks are rising with North Korea threatening to target American Aircrafts. Gold futures went up by 1.1%, …
Earnings growth shifts down a gear turning outlook on global oil and gas sector stable
25 September 11:42 PM Moody's expects lower return growth for oil, gas sectors
Mubasher: An expected slowdown in the pace of earnings growth has moved the 2018 outlook on the global integrated oil and gas industry to stable from positive, Moody's Investors Service said in a report published Monday. The slowdown follows a …
The Qatari company will sell up to 2.5 million tonnes of LNG to Bangladesh every year
25 September 10:14 PM Qatar’s RasGas inks 15-year contract with Bangladesh
Mubasher: RasGas has signed a long-term agreement with Bangladesh’s Petrobangla to supply liquefied natural gas (LNG) for 15 years. Bangladesh will import up to 2.5 million tonnes of LNG annually to meet the country's growing energy demand, …
AccorHotels currently has more than 100 hotels in the MENA region
25 September 08:38 PM AccorHotels opened 12 new hotels in 2017
Dubai – Mubasher: AccorHotels announced on Monday that it has inaugurated 12 hotels so far this year, according to press release. The company’s hotels portfolio in MENA region has now surpassed more than 100 hotels. As per the statement, the new …
Khazzan Gas Field
25 September 06:22 PM BP launches production in Oman’s Khazzan gas field
Mubasher: BP announced on Monday that it has begun production at the Khazzan gas field in Oman, according to a company statement. The Omani oil and gas minister said that BP has successfully delivered the first phase of the project on time, adding …
Brent futures rose by 1.4% to $57.67 per barrel
25 September 03:52 PM Brent surges to highest level since mid-2015
Mubasher: Brent crude oil expanded its gains during Monday trade, reaching its highest level in more than two years, with investors showing a positive sentiment regarding the output limitation agreement. Brent futures rose by 1.4% to the level of …
The main index went up 0.64% or 53.95 points to 8,449.47 points.
25 September 03:09 PM QSE ends Monday up for 5 consecutive sessions
Doha – Mubasher: The Qatar Stock Exchange (QSE) closed Monday in green, on the back of collective rise in all sectors. The main index went up 0.64% or 53.95 points to 8,449.47 points. The banks sector led the gainers with 0.87%, supported by the …
Gold has fallen by more than $70 per ounce in 2017
25 September 01:15 AM Gold down to $1,295 per ounce - Sabaek
Mubasher: Gold prices went down by $23 to reach $1,295 per ounce in last week's trading in New York New Mix market, according to Sabaek Al-Kuwait Company. Kuwait News Agency (KUNA) reported that the company added in its weekly report on Sunday …
The Qatar Stock Exchange (QSE) closed Sunday in the green zone after increasing 0.42% or 34.75 points reaching 8,395.52 points
24 September 03:33 PM QSE ends Sunday up
Mubasher: The Qatar Stock Exchange (QSE) closed Sunday in the green zone after increasing 0.42% or 34.75 points reaching 8,395.52 points. Masraf Al Rayan’s stock rose 2.4%, followed by Industries Qatar with 1.3%, and the Qatar National Bank (QNB) …
The UAE’s economy will not be negatively impacted by other GCC members not implementing the value added tax (VAT)
24 September 02:28 PM GCC members not applying VAT not to impact UAE – Al Bustani
Abu Dhabi – Mubasher: The UAE’s economy will not be negatively impacted by other GCC members not implementing the value added tax (VAT), Emarat Al Youm newspaper reported, citing Federal Tax Authority (FTA) director general Khalid Al Bustani as …
QIA to sell building in London at $610m
24 September 01:34 PM QIA to sell building in London at $610m
Mubasher: Qatar Investment Authority (QIA) plans to sell a building of offices in Canary Wharf, the financial district in London at GBP 610 million ($610 million). QIA appointed CBRE Group Inc., and Jones Lang LaSalle Inc. as brokerage companies …
By 10:00 am Qatar time, all sectors rose, except for transportation, which shed 0.16%
24 September 10:37 AM QSE gains on real estate, services early Sunday
Mubasher: The general index of Qatar Stock Exchange (QSE) levelled up 0.22% or 20.1 points to 9,115.55 points at Sunday’s opening. By 10:00 am Qatar time, all sectors rose, except for transportation, which shed 0.16%. The real estate sector led …
The UAE is willing to fully execute the Gulf Railway
24 September 10:33 AM GCC Ministers of Transport defer Gulf Railway execution
Abu Dhabi – Mubasher: The Committee of Ministers of Transport and Communication in the GCC has decided to postpone the implementation of the Gulf Railway to 2020 – 2021 instead of 2018. The UAE is willing to fully execute this project, minister of …
The third quarter of 2017 is nearing its close, which means that financial disclosures will prompt portfolios to purchase stocks
24 September 09:01 AM Saudi, Kuwaiti stocks likely to rise ahead of FTSE results - Analysts
By: Mahmoud Gamal Mubasher: Gulf bourses are likely to rise this week with listings on the FTSE Emerging Markets Index coming in focus, analysts told Mubasher. GCC stock markets are heading towards a “temporary rise”, particularly Saudi and …
Over the week, the main index fell 0.58% or 48.71 points to 8,360.77 points, from 8,409.48 points last week
22 September 01:52 PM QSE closes week losing QAR 2.5bn
Mubasher: The Qatar Stock Exchange (QSE) ended the week on Thursday, 21 September, losing QAR 2.5 billion ($692.97 million). Over the week, the main index fell 0.58% or 48.71 points to 8,360.77 points, from 8,409.48 points last week. Market …
Meanwhile, three sectors tumbled, with real estate being the top loser, slipping 0.14%, weighed by Ezdan’s 0.37% decline
21 September 02:47 PM QSE closes in green Thursday
Mubasher: The general index of the Qatar Stock Exchange (QSE) rose at close on Thursday, pushed by gains in four sectors led by the industrials sector. The general index grew 0.15% or 12.72 points to 8,360.77. The industrials sector added 1.03% …
Google signed a $1.1 billion dollar agreement with HTC Corporation to purchase a stake of its operations
21 September 01:02 PM Google buys $1.1bn stake in HTC
Mubasher: Google signed a $1.1 billion dollar agreement with HTC Corporation to purchase a stake of its operations. Alphabet Inc., Google's owner on Thursday stated that some of HTC’s employees will join Google, as well as Google will receive a …
The total value of credit facilities rose to QAR 900.02 billion from QAR 891.21 billion
20 September 06:49 PM Credit facilities rise to QAR 900bn in August - QCB
Mubasher: Qatar Central Bank (QCB) statements showed a 0.99% month-on-month increase, or QAR 8.81 billion, in credit facilities by the end of August. The total value of credit facilities rose to QAR 900.02 billion ($249.11 billion) from QAR 891.21 …
“However, this investor class has seldom been researched in detail despite its widespread influence in the economy,” the report commented
20 September 03:59 PM Pension funds important for GCC stability, growth – Marmore
Mubasher: Pension funds across the GCC are the second largest set of institutional investors in the region after the Sovereign Wealth Funds (SWFs), according to a report by Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre …
The main index grew 0.71% to 8,348.05 points, gaining 58.82 points.
20 September 03:29 PM Leading stocks back QSE rise on Wednesday
Mubasher: The Qatar Stock Exchange (QSE) closed on Wednesday in green, backed by the rise in all sectors. The main index grew 0.71% to 8,348.05 points, gaining 58.82 points. The real estate sector led gainers with 0.96%, backed by Barwa Real …