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Ras Laffan Port achieves unique feat
DOHA: For the first time five liquefied natural gas (LNG) vessels loaded simultaneously at the Ras Laffan Port.
“With five operational LNG berths, the Port is already the World’s premier LNG exporting facility. The scene of five LNG vessels loading occupying the five LNG berths simultaneously is   [more...]
Posted on:11/5/2009

Corporate tax slashed to 10pc
DOHA: The Minister of Economy and Finance, H E Yousuf Hussein Kamal, yesterday said Qatar planned to cut corporate tax to 10 percent starting from next year.
“A new taxation law is about to be issued, in which the taxation will be reduced to 10 percent; the law is to be implemented from 2010,” he  [more...]
Posted on:11/5/2009

Vodafone Qatar revenues at QR32.9m in 6 months

DOHA: Vodafone Qatar has announced a revenue of QR32.9m for the six months to September 30, of which QR22.2m was earned in the month of September itself.
Vodafone announced an EBITDA (Earnings before interest, taxes, depreciation and amortisation) loss of QR156.2m in the first half (H1) of th  [more...]
Posted on:11/5/2009

Qatar and Wales to boost trade ties
DOHA: A trade mission seeking to build trade ties between Wales and companies in Qatar has met with success after it was reported that over $2.5m worth of potential deals had been identified.
The visiting delegation including companies from business sectors including oil and gas, security, const  [more...]
Posted on:11/5/2009

NT lifting concept from Resqtec (Al Hamad Trading)
Al Hamad Trading is a leading supplier of specialised firefighting rescue vehicles and equipment. With increased transportation of goods, accidents with trucks are becoming an growing problem. In an accident, trucks tend to tip over, making lifting necessary. Rescuers use lifting bags for lifting   [more...]
Posted on:11/5/2009

Hassad Food inks poultry deal
By Huda NV
DOHA: Hassad Food, Qatar’s investor and developer in the agriculture and livestock sector announced a QR250m worth poultry project here. The company signed an agreement with Oman-based A’Saffa Poultry Farms, yesterday on the design and management of the new poultry project.
“The pr  [more...]
Posted on:11/5/2009

Gitex week proves successful for Logicom
Doha: Leading regional IT distributor Logicom concluded its participation at GITEX 2009 last week.
Participating for the eighth consecutive year, Logicom represented several key vendors including HP, APC, Cisco, Linksys, Microsoft, Trend Micro, Intel, and Kingston.
The power-packed week prov  [more...]
Posted on:11/5/2009

Alfardan provides luxury transit for tennis stars
Doha: Alfardan Premier Motors, the importer of Jaguar and Land Rover in Doha, has earned the appreciation of players and staff at the recently concluded Sony Ericsson Championship Doha 2009 as official transport provider.
A fleet of 50 Jaguar Land Rover vehicles plied players and key personaliti  [more...]
Posted on:11/5/2009

Al Hilal announces Q3 profits
Doha: Ahli Bank - Al Hilal Islamic Banking has announced the profit on its investment deposits and savings accounts for the third quarter of 2009.
Al Hilal Islamic has paid attractive returns on deposits. The bank announced a profit rate of 6.05 percent on investment deposits of more than one ye  [more...]
Posted on:11/5/2009

Oil prices hit $81
New York: World oil prices briefly breached $81 per barrel yesterday as traders digested sliding crude stockpiles in the United States, a key energy consuming nation.
New York’s main contract, light sweet crude for delivery in December spiked as high as $81.06 per barrel, before pulling back to s  [more...]
Posted on:11/5/2009