Combined profits of 35 listed firms in Qatar hit QR17.6bn
The combined net profit of 35 listed companies on Qatar bourse touched QR17.6bn in the first half of 2014, reflecting an estimated 13% increase in the collective net profit of all the listed companies a year ago.
QSE upgrade, higher foreign ownership cap to attract more FIIs
The Qatar Stock Exchange's MSCI upgrade and the higher foreign ownership cap should attract more institutional investment from outside of Qatar, Samba Financial Group has said in a report.
Barwa Bank net profits rise by 35% for the first half of 2014
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, announced financial results for the first half of 2014. The results show an increase in the bank's net profit by 35% to reach QAR 411 million compared with QAR 303 million during the same period in 2013.