HH the Emir Bids Farewell to Sultan Qaboos

Doha, July 19 (QNA) - HH the Emir Sheikh Hamad bin Khalifa Al Thani led well-wishers to bid farewell to Sultan Qaboos Bin Saeed of Oman and his accompanying delegation upon departure at Doha International Airport on Thursday morning following a three-day private visit to Qatar. Meanwhile, Sultan Qaboos sent a cable to HH the Emir to thank him for the warm welcome and generous hospitality accorded to him and the…

QIIB Discloses Semi- Annual Financial Statements

Doha, July 19 (QNA) - Qatar International Islamic Bank (QIIB) disclosed the semi- annual financial statements for the period ending June 30, 2012, which revealed a net profit of QR 340.1 million in comparison to QR 322.3 million for the same period last year. The bank s net profit grows by 5.5% , said QIIB Chairman and Managing Director, HE Sheikh Dr Khalid bin Thani bin Abdullah Al-Thani in a statement …

IWG on Sanctions on Syria: Final Statement

Doha, July 19 (QNA) - The Friends of the Syrian People International Working Group on Sanctions (the Group) strongly condemned the continuing attacks by the Syrian regime against the Syrian people and the regime s continuing brutality and denial of the legitimate political aspirations of the Syrian people.  In a communique issued following its third meeting in Doha on Thursday, which was co-chaired by Qatar, Japan, and the United Kingdom ,…

Qatar Exchange Down 0.57%

Doha, July 19 (QNA) -The Qatar Exchange was down on Thursday 47.45 points or 0.57% to 8,281.26 points from the previous closing of 8,328.71 . The volume of shares traded was up to 5,426,940 from 4,717,514 , and the value of shares increased to QR186,110,292.11 from QR154,244,567.45  Wednesday  Among the top losers were Industries Qatar whose share dropped 0.82% to QR133.10 , Electricity and Water  lost 2.86 to QR136.00, Doha Bank fell…

QNB, Standard To Start Activity At Qatar Exchange

Doha, July 19 (QNA) - Following their recent licensing by the Qatar Financial Markets Authority (QFMA), Qatar National Bank and Standard Chartered  Bank have now respectively signed a Depositary Agreement with Qatar Exchange to start Custody activities, raising the number of custodians working in the Qatari market , including HSBC, to three. Andre Went, CEO of QE welcomed this development as a major step towards increased post-trade efficiency by offering more…