Real Estate & Property Investment News in Qatar from Propertyshowrooms.com

Qatar begins 'Venice of Qatar' project

Thu, 27 Nov 2008 00:00:00 GMT

A deal to develop a residential block known as the "Venice of Qatar" at The Pearl-Qatar has been inked between the United Development Company (UDC), the developers of the Pearl-Qatar project, and Retaj Marketing and Project Management...

Qatar: Rents Fuelled Inflation In '07

Fri, 21 Nov 2008 00:00:00 GMT

Soaring house rents were the single largest driver of higher inflation in the country last year, contributing a massive 73 percent to price rise, the Qatar Central Bank (QCB) said in its annual report for 2007...

Doha museum sets mark for Gulf architects

Fri, 21 Nov 2008 00:00:00 GMT

Preoccupied with size and height (and yield), rulers and town planners in the Gulf have come up with an uninspiring collection of hotels, towers, freeways and shopping...

QR35bn 'Urjuan' Project Launched In Doha

Wed, 5 Nov 2008 00:00:00 GMT

H. E. Hamad Bin Jasem Bin Jabir Al Thani, Prime Minister of Qatar, officially launched the 'Urjuan' project, a QR35B($10B) integrated city development. The project, which is located in Al Khor, is expected for completion by 2013...

Empire Aviation appoints Fahd Travels as agent in Qatar

Tue, 23 Sep 2008 00:00:00 GMT

Dubai-based Empire Aviation Group, a private aviation company, has appointed Fahd Travels as its Representative Sales Agent (RSA) for Qatar...

DHL Qatar introduces new services to India

Mon, 15 Sep 2008 00:00:00 GMT

DHL Express, the world's leading express and Logistics Company, recently launched India Next Day service, the first of its kind in Qatar, delivering shipments, to and from, three destinations in India within 24 hours...

Qatar Airways to start Houston flights

Thu, 11 Sep 2008 00:00:00 GMT

Qatar Airways is gearing up for the launch of its nonstop flights to the southern US city of Houston, thus adding to its growing international network...

Qatar. al khaliji and Standard Chartered Bank book runners for Pearl-Qatar developers Medina Centrale

Tue, 2 Sep 2008 00:00:00 GMT

al khaliji, Standard Chartered Bank, The Commercial Bank of Qatar, Mashreq Bank PSC, and International Bank of Qatar, the Underwriters and Initial Mandated Lead Arrangers, have been mandated to raise QR 1.04 billion Term Loan Facility for Medina Centrale...

ACI unveils new project in Dubai, eyes Qatar to develop properties

Thu, 28 Aug 2008 00:00:00 GMT

ACI Real Estate, an affiliate of German-based investment firm Alternative Capital Invest (ACI), is looking to develop properties in Qatar, a top company executive said...

Qatar Signs $1 Billion Rail Network Deal

Thu, 28 Aug 2008 00:00:00 GMT

Qatari Diar Real Estate Investment Company signed a $1bn deal with Germany-based Deutsche Bahn for a multi-billion dollar national rail project that includes a high-speed rail link between Doha and Bahrain via a planned causeway...

Qatar Airways to fly to New York daily non-stop from Oct

Tue, 26 Aug 2008 00:00:00 GMT

Qatar Airways will operate daily non-stop flights on its Doha - New York route, effective from October 26, the national carrier announced here yesterday...

Double-decker buses soon in Qatar

Mon, 18 Aug 2008 00:00:00 GMT

Mowasalat Co is all set to boost Qatar's public transport fleet by 27 percent. As a result, 300 new taxis and around 10 double-decker buses will hit Doha roads soon, Jassim Saif Al Sulaiti, Chairman and Managing Director of Mowasalat, said...

High jet fuel cost strains Qatar Airways

Fri, 15 Aug 2008 00:00:00 GMT

Jet fuel prices have risen in Qatar, although officials are unwilling to state by how much...

Cb is rated 'overweight' by Morgan Stanley

Fri, 15 Aug 2008 00:00:00 GMT

Morgan Stanley has initiated coverage on Commercialbank (Cb), placing an 'overweight' rating on the stock. In a report titled...

Qatar Airways starts online promo

Tue, 5 Aug 2008 00:00:00 GMT

Qatar Airways is launching an exciting competition for travellers in Qatar booking on qatarairways.com/qatar...

Mannai net profit up by 60pc in first half

Tue, 5 Aug 2008 00:00:00 GMT

Mannai Corporation has reported a net profit of QR80.1m in the six month period ended June 30, 2008 which is up by 60 percent compared to QR50.1m in the first half of 2007...

Diar's sales partner launches resort in London

Tue, 5 Aug 2008 00:00:00 GMT

Sotheby's International Realty Morocco, the sales partner of Qatari Diar Real Estate Investment Company, have launched Qatari Diar's Al Houara Tangier Resort in London...

Al Mazaya Qatar to raise capital to QR1 billion

Mon, 4 Aug 2008 00:00:00 GMT

Al Mazaya Qatar, a subsidiary of Al Mazaya Holding, announced its plans to issue 50 million shares in an initial public offering (IPO) at QR10 per share in the last quarter of the current year, before listing on the Qatar Exchange Market Doha Securities Market (DSM)...

Bahrain's FLB signs $13.5m equipment contract

Mon, 4 Aug 2008 00:00:00 GMT

Bahrain-based First Leasing Bank, the first institution in the GCC specialising in equipment leasing, has signed a $13.5 million agreement to lease construction and transport equipment to Konstruktor Engineering, Qatar...

Qatar's Ashghal Unveils Projects Worth QR58.85Bn

Mon, 4 Aug 2008 00:00:00 GMT

The Public Works Authority (Ashghal) in Qatar has unveiled its multi-billion riyal development projects to be launched in the country during the next five years. Ashghal has envisaged 66 separate projects worth QR58.85 billion...

Qatar sovereign fund may part-finance Al Noor Cities

Wed, 30 Jul 2008 00:00:00 GMT

Getting financing for a $200bn project such as Al Noor Cities will take some doing. Although an initial seed capital of $1bn will be provided by Sheikh Tarek bin Laden, the mastermind behind the ambitious development programme, there is the not-so-small matter of collecting another $199bn...

Qatari Diar Withdraws Offer For Monaco's SBM

Tue, 22 Jul 2008 00:00:00 GMT

The Qatar Investment Authority's fully-owned unit Qatari Diar Real Investment Authority said Tuesday it won't file its planned offer for a Monaco state-controlled casino, hotel and leisure company Societe des Bains de Mer...

Kahramaa floated tender for water station at Muaither

Tue, 22 Jul 2008 00:00:00 GMT

Doha- Qatar General Electricity & Water Corporation (Kahramaa) has floated a tender for the construction of a water station at Muaither...

Doha Bank Q2 profits rise 27% to $159 million

Mon, 21 Jul 2008 00:00:00 GMT

(Arabic) The Qatar-based Doha Bank reported a 27.6% rise in its Q2 net profit to QAR 305.2 million or $83.8 million beating analysts expectations...

United Development Company Aims Five New Ventures

Mon, 21 Jul 2008 00:00:00 GMT

United Development Company (UDC), owners and developers of The Pearl-Qatar project, is looking at forming at least five new joint ventures...

Qatar's Ahlibank To Expand Islamic Services

Mon, 21 Jul 2008 00:00:00 GMT

Ahlibank Qatar (ABQ) is planning to further expand its Islamic banking services, cheered by the huge earnings the form of banking has raked in...

Gulf Holding Company posts QR43.5m profits in first half

Thu, 17 Jul 2008 00:00:00 GMT

Gulf Holding Company and its subsidiaries Gulf Cement Company, Gulf Company for Investment and Development and Gulf Companies for Agencies announced first half financial results yesterday...

Qatar Airways To Order Airbus Single-Aisle Planes

Tue, 15 Jul 2008 00:00:00 GMT

Qatar Airways announced that it intended to purchase four single-aisle Airbus passenger jets worth a total of 361 million dollars (226 million euros)...

MSM, Doha Bourse To Sign Cross-Listing Deal Today

Tue, 15 Jul 2008 00:00:00 GMT

The Muscat Securities Market (MSM) will sign an agreement with Doha Securities Market (DSM) today to facilitate cross-listing of shares of Omani Qatari Investment Holding Company (OQIHC)...

QNB aims to open branches in Sudan and Mauritania

Mon, 14 Jul 2008 00:00:00 GMT

Riding on the back of a hefty net profit of QR1.857bn posted in the first half (H1) of this year, Qatar National Bank (QNB) has drawn up ambitious plans. The second half will see the bank go into major expansion mode as it plans to open overseas branches in Sudan and Mauritania...

Work on Qatar Entertainment City begins next week

Wed, 9 Jul 2008 00:00:00 GMT

Local construction firm Redco International Company has been awarded the QR29m preliminary infrastructure package tender for Qatar Entertainment City, being developed by Abu Dhabi Investment House. The tender covers a five-month period...

Qatargas To See 1st Mega LNG Train Operational By End 08 -CEO

Wed, 9 Jul 2008 00:00:00 GMT

Qatargas Operating Co. Ltd will see the startup of the first of its four mega liquified natural gas trains by the end of 2008, increasing the company's annual LNG production to 17.8 million tons...

Qatari Banks To Post Strong Q2 Results

Tue, 8 Jul 2008 00:00:00 GMT

Qatari banks and industries are expected to deliver strong results for the second quarter (Q2) of this year, according to investment bank EFG-Hermes...

Qatar: Late arrival

Sat, 5 Jul 2008 00:00:00 GMT

The New Doha International Airport (NDIA) project has run into further delays and is now expected to open at the end of 2010 or in early 2011...

New Doha International Airport Project Delayed

Sat, 5 Jul 2008 00:00:00 GMT

The New Doha International Airport (NDIA) project has run into further delays and is now expected to open at the end of 2010 or in early 2011...

Qatar to launch ten key road projects

Sun, 29 Jun 2008 00:00:00 GMT

The Public Works Authority (Ashghal) announced the launch of ten key road projects in the outskirts of Doha...