The QE 20 Index fell 0.41% Tuesday to 8,194.65, bringing its year-to-date performance down to minus 6.66%. Qatar Telecom or Qtel closed 1.10% lower at QR107.80. Earlier in the day, news channel Al Arabiya said that Qtel plans to buy the remaining share of 47.5 percent in Kuwait's Wataniya Telecom. The majority in the telco provider Qtel bought in 2007.
With the exception of the financial sector, Qatar-listed equities fell across the board Wednesday, pulling the QE 20 Index down by 0.35% to hit a 13-month low at 8,166.98 points. Shares of diversified conglomerate Aamal Company added 0.44% to reach QR15.87. Earlier in the day, Aamal said it signed a joint venture agreement with C&C Lightway from South Korea. "The joint venture will initially trade in, and distribute, LED (Light…
The QE 20 Index closed one percent higher at 8,206.91. Share gained across the board as investors hailed the EU "breakthrough" and the sharp rise in oil prices. Electricity and Water added 0.23% to hit QR133. Doha Bank (up 185% at QR55) outperformed, while Qatar Oman (off 1.50%) and Al Meera (down 1.90% at QR162) were the sole losers.
Qatar's statistics authority has said the country's economy grew 6.9% year-on-year in inflation-adjusted terms in the first quarter, helped by a jump in the construction industry, Reuters has reported. Qatar also saw its real gross domestic product rising by 3.0% in January-March, compared with the previous three months, the Qatar Statistics Authority said citing preliminary data.
Dr. Ayesha Abdullah Al Ali, Director of Accreditation in Quality Department for Healthcare Affairs and Patient Safety in Supreme Council of Health, said that a national survey to measure patient satisfaction of health services will be launched within the coming months. Dr. Ayesha Al Ali confirmed, in a statement to Qatar News Agency (QNA), the importance and the role of this national survey to pose patients as the main and…
Official Press Releases from Governments of Middle East
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