Citizens sell MPHC shares to buy luxury items
Swayed by the dream debut of MPHC on stock market, many investors are offloading its shares to buy luxury products, ignoring the governments advise to hold share for long term.
Qatar shares bounce back with 2.3% jump
A resilient Qatar Exchange yesterday appreciated more than 2% to settle above the 11,600 mark, especially on foreign institutions' buying support, a day after it fell sharply after the recall of envoys by Saudi Arabia, the UAE and Bahrain.
Qatar banks record strong growth in GCC
Banks in Qatar recorded the highest year-on-year growth of 21.3% in loan books in the fourth quarter of 2014 (4Q13) in the Gulf region.