Top Qatar News

ME Hotel Occupancy Highest In World

The Middle East has the highest occupancy and average room rates in the world at 75.3 percent and US$180 respectively. Press Release - 21Aug 11:26GMT
$562 Billion GCC Earnings In 2008

Gulf oil producers are expected to earn a record $562 billion in 2008 as crude prices are projected to remain above $100 and they are pumping at one of their highest levels. WAM (Emirates News Agency) - 21Aug 10:41GMT
Societies condemn Iran decision

Two political societies have condemned Iran's decision to open two administrative offices on the UAE island of Abu Mousa, saying that it consecrated the occupation of the UAE territory and called for a common Arab stance against the move. Bahrain Tribune - 21Aug 07:19GMT
WSP Middle East launches a Transportation department in the region

Leading engineering consultancy, WSP Middle East, recently launched a Vertical Transportation department specialising in the movement of people and materials in a buildings environment. Press Release - 21Aug 07:15GMT
Investment, banking sectors put up decent show

Renewed selling binges in key stocks tugged a majority of the GCC bourses below the unchanged line yesterday. Clouded by intense sell-offs across sectors, Dubai surrendered over 1%, while Qatar andÂ Bahrain saw substantial percentages being wiped-out. Nonetheless, Oman and Saudi continued their up-ticks logging in handsome gains.Â BahrainEntering the fourth day of dismal show, the Ba Bahrain Tribune - 21Aug 06:32GMT
Corporate liquidity risk to rise in 2010

Liquidity risk for corporates in the EMEA and Asia-Pacific regions will become more pronounced in 2010 as various factors come into play, says a new study. Emirates Business 24/7 - 21Aug 06:03GMT
GCC criticises EU for delaying free trade deal

Gulf oil producers have criticised the European Union (EU) for delaying the signing of a landmark free trade agreement (FTA) that could support their long-standing bid to diversify their oil-reliant economies. Emirates Business 24/7 - 21Aug 06:01GMT
Liquefied Natural Gas tanker fleet to triple by 2030

Increasing global demand for liquefied natural gas (LNG) will lead to a threefold rise in the number of tankers carrying the fuel by 2030, says a new Oxford Business Group report. Emirates Business 24/7 - 21Aug 05:55GMT
Qatar Petroleum awards contract for Dukhan seismic survey

Qatar Petroleum (QP) has awarded CGG Veritas of France a contract worth approximately $140m to undertake a very high-density 3D seismic survey across the Dukhan oil and gas field. The Peninsula - 21Aug 05:53GMT
Qatar National Convention Center on course

Forty percent of the $660m Qatar National Convention Center is expected to be completed by the end of this year with the final phase ready to go by end-2010. The Peninsula - 21Aug 05:47GMT

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Economy & Politics
Major Challenge
Inflation is the biggest threat to the planned Gulf Co-operation Council monetary union, the chief economist at Dubai International Financial Centre (DIFC), warned.

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More Airlines?
At least 10 low-cost carriers may be launched in the region in the next five years, says the Centre for Asia Pacific Aviation.

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$14.5bn Gulf MEP Market
The value of the mechanical, electrical and plumbing (MEP) contracting market in the GCC is expected to surge to $14.5 billion in 2008, according to a recent industry survey.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Industries Qatar	Qatar	27,126
2	Qatar National Bank	Qatar	14,524
3	Ezdan Real Estate Company	Qatar	9,792
4	Aamal Company	Qatar	8,519
5	Qatar Islamic Bank	Qatar	7,629
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