Qatar: As part of its commitment to sustainable growth, Qatar Foundation for Education, Science and Community Development (QF) partnered with UNCTAD to facilitate dialogue on key issues related to innovation and technology. [AMEInfo.com]
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Qatar Foundation joins UNCTAD to foster sustainable development
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RAK Free Trade Zone participates in top events in Doha and Hannover
Qatar: As part of its mandate to reinforce its reputation across the world and attract investments from global companies, top-level trade delegations from Ras Al Khaimah Free Trade Zone (RAK FTZ) - one of the fastest-growing and most cost-effective free trade zones in the UAE - are taking part in leading events in Doha and Hannover, Germany this week. [AMEInfo.com]
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Project Qatar introduces a state-of-the-art mobile application
Qatar: For its 9th edition, Project Qatar - the International Trade Exhibition for Construction, Building Materials and Environmental Technology organized by IFP Qatar and IFP Group - will be introducing a state-of-the-art mobile application that allows participants to use their smart- phones as interactive guides throughout the fair. [AMEInfo.com]
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WTO Director General outlines steps to boost trade within Arab region at UNCTAD XIII
Qatar: The Director General of the World Trade Organization, Pascal Lamy, outlined the necessary steps to facilitate greater inter-Arab region trade, during a panel discussion at the thirteenth quadrennial session of the United Nations Conference on Trade and Development (UNCTAD XIII). [AMEInfo.com]
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Qatar Telecom adds slightly, announces details for capital increase
Qatar: The QE 20 Index declined 0.13% to 8,652.87 points. Al Ahli Bank (up 2.79% at QR69.90) was the only lender which advanced. Shares of the country's first telco provider Qatar Telecom or Qtel closed 0.10% higher at QR129.00. Earlier in the day Qtel announced the details of the rights of subscription for the capital increase decided on March 25. "It shall be given to the shareholders, who are registered in the shareholder register with the Qatar Exchange (QE) and Abu Dhabi Securities Exchange (ADX) on Wednesday, 9 May 2012, at a price of QR75 per share (QR10 nominal value plus a premium of QR65), subject to the announced terms and conditions," Qtel said in a statement to the Qatar Exchange. On March 25 Qtel won approval from its shareholders to increase its authorised share capital to QR5bn or $1.37 billion. In addtion, shareholders gave green light for a 40 per cent rights issue. [AMEInfo.com]
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SSI Schaefer and Banz Group Qatar to exhibit at Project Qatar 2012
Qatar: SSI Schaefer is certainly poised to make a big impact at the exhibition, with its extensive product range from Racking and Shelving, Storage and Conveying, Logistics software to Plastic Storage Containers and Waste Bins. [AMEInfo.com]
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Millennium and Copthorne unveils new Kingsgate Hotel Doha
Qatar: Millennium & Copthorne Hotels today announced the opening of the new Kingsgate Hotel Doha in Al Ghanim old city. This is the group's first Kingsgate hotel in Qatar, and only the second in the Middle East. The new three-star property, a sister hotel to the five-star Millennium Hotel Doha, offers quality hassle free accommodation and great value in the ideal location close to the city's key administrative, business and leisure attractions, including Souk Wakif and the National Islamic Museum. [AMEInfo.com]
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Dorma Gulf launches its Qatar office
Qatar: Dorma, the trusted global partner for premium access solutions and services, has announced the launch of its representative office in Doha- Qatar. The Qatar office is set to provide clients and partners with customised and integrated solutions with an improved process from specification to technical support. [AMEInfo.com]
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Mannai Corp and EFG Capital Patners conclude purchase of jewelry trader Damas
Qatar: The Qatar Exchange index added 0.10% Thursday, finishing at 8,661.46 points. Shares of Mannai Corportation closed even at QR93.60. Earlier in the day, Mannai Corp subsidiary Golden Capital Investment Ltd. and EFG Capital Partners have received valid acceptances of their cash bid for Damas "in respect of 775,317,961 Damas shares, representing approximately 78.37% of the issued share capital of DIL." On March 28, the consortium offered around $445m for Damas, whose CEO Anan Fakhreddin welcomed Mannai and EFG as 'ideal partners'. "This effectively means that the Consortium has now acquired control of Damas and all Damas shares assented to the Bid (whether previously or whilst the Bid remains open for acceptance) will be purchased from accepting Damas shareholders at the bid price", Mannai said in a statement to the QE. The statement also revealed that the consortiu intends to delist Damas from the NASDAQ Dubai. [AMEInfo.com]
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Itaú Unibanco, former President of Brazil visit GCC on Latin American investment drive
Qatar: Itaú Unibanco (Itaú), one of Latin America's largest banks, together with the former President of Brazil, Fernando Henrique Cardoso, are visiting Qatar and the United Arab Emirates this week, as part of a series of meetings with political and business leaders in the Middle East and Asia. [AMEInfo.com]
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Qtel rights issue to hit market in May
Qatar: Qtel has said its 40% rights issue, which aims at raising QR6.86bn, is to hit the market on May 13, 2012, Gulf Times has reported. The telecom firm is issuing 91.52 million new shares at QR75 per share, which includes a premium of QR65. "The right of subscription shall be given to shareholders, who are registered in the shareholder register with the Qatar Exchange and Abu Dhabi Securities Exchange on Wednesday, May 9," a Qtel spokesman said. The subscription to the issue will close on May 24. [AMEInfo.com]
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ConocoPhillips Global Water Sustainability Center hosts Tour for delegates of The 10th Gulf Water Conference
Qatar: At the occasion of the 10th Gulf Water Conference, the ConocoPhillips Global Water Sustainability Center (GWSC) received a delegation from the 10th Gulf water conference. ConocoPhillips has chosen to support this important gathering by becoming a sponsor of the Conference. [AMEInfo.com]
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Qatar Tourism Authority showcases the country's business, sport and cultural tourism credentials at ATM Dubai
Qatar: The Qatar Tourism Authority (QTA) is leading a delegation of the country's premier hotels and tourism operators in one of the biggest delegations to the Arabian Travel Market (ATM) in Dubai April 30 to May 1, 2012.delegation [AMEInfo.com]
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Al Meera Consumer Goods Company's first quarter 2012 gross profits surge over 90%
Qatar: Al Meera' Consumer Goods Company's (Q.S.C), announced further double digit profits in their first half year results for 2012, in continuation of the extraordinary growth that the firm has been recording ever since their expansion strategy kicked into full gear late last year. [AMEInfo.com]
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SEIB Insurance and Reinsurance Company to participate in Project Qatar 2012
Qatar: SEIB Insurance and Reinsurance Company LLC (SEIB) announced its participation in the ninth edition of Project Qatar, the country's much-anticipated engineering and construction solutions event. [AMEInfo.com]
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Mannai Automotive participating with GMC as Official Car Sponsor of Project Qatar 2012
Qatar: Mannai Automotive, the exclusive dealer of Cadillac, GMC, and Subaru in Qatar, supports Project Qatar as Official Car Partner with GMC from the 30th April - 3rd May at the Doha Exhibition Centre. [AMEInfo.com]
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Jersey Group unveils latest construction sector technologies at Project Qatar 2012
Qatar: As one of Qatar's flagship industrial groups, Jersey Group, a subsidiary of Ghanim bin Saad Al Saad & Sons Group Holdings (GSSG), will be showcasing its diverse and innovative range of superior technology and expertise to the construction industry at Project Qatar, held from the 30th April - 3rd May at the Doha Exhibition Centre. [AMEInfo.com]
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AmCham Qatar hosts GreenGulf Inc. CEO and elects new Board of Governors
Qatar: The American Chamber of Commerce in Qatar (AmCham), a non-profit organization dedicated to fostering mutual cooperation and understanding between Qatar and the United States through trade, commerce and investment, recently hosted Mr. Omran Al-Kuwari, Co-Founder and CEO of GreenGulf Inc., at their Distinguished Speaker Series on 26 April at The St. Regis Doha. [AMEInfo.com]
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ONYX to launch the first Amari in the Middle East
Qatar: Thailand-based ONYX Hospitality Group has been appointed by Gulf Trading and Contracting Company (GTC) to operate a 120-room hotel in the Qatari capital, Doha. This is ONYX's first step for expansion in the Middle East for the Amari brand. The property is scheduled to open in September 2012. [AMEInfo.com]
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Causeway's software for the built environment at Project Qatar 2012
Qatar: Causeway's presence at Project Qatar will feature a range of the company's software solutions for the built environment, from feasibility and design through construction to ongoing facilities management. [AMEInfo.com]
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