By John Lee. Qatar National Bank (QNB) has announced that it has taken control of Iraq's Al-Mansour Investment Bank. It acquired an additional 27.7 percent shareholding for a cash payment of QR425.4 million, bringing its interest in the bank to 50.8 percent. The company said that goodwill of QR117.6 million has been determined on acquisition […]
By John Lee. Doha-based Qatar Airways is to operate four flights a week to Najaf, according to Arabian Aerospace. The company will use an Airbus A320 with 12 seats in Business Class and 132 in Economy. Chief Executive Officer Akbar Al Baker said: “Iraq is proving to be an important market for Qatar Airways; we […]
Qatar Airways has in the span of just two weeks expanded passenger services to Iraq with the launch of its second destination in the country – to the capital Baghdad. The Doha-based airline is operating four-flights-a-week non-stop on the Baghdad route. Located on the banks of the Tigris River, Iraq’s capital is one of the […]
Reuters reports that Qatar Telecom (Qtel) is to double its stake in Asiacell, Iraq's second biggest mobile operator, to 60 percent for $1.47 billion. Qtel will initially increase its stake to 53.9 percent from 30 percent, with a further increase pending Iraqi government and regulatory approval. Qtel did not identify the sellers of the stake, but […]
Oryx Engineering Solutions (OES) is pleased to announce the official inauguration of the 1st of its kind fully integrated end-to-end engineering solutions service center, based in the heart of Ras Laffan in State of Qatar. The Centre was officially inaugurated, on behalf of H.E. Dr. Mohammed Bin Saleh Al-Sada, the Minister of Energy & Industry […]
Qatar Airways has extended its Middle East footprint to Iraq with Wednesday’s launch of scheduled flights to the northern city of Erbil. Qatar Airways inaugural flight QR 446 from Doha to Erbil arrives in the northern Iraqi city to a traditional water salute welcome today. The Doha-based airline is operating four-flights-a-week non-stop on the route […]
Myanmar and Iraq are among the highlights of Qatar Airways' announcement of launch dates for new routes in the Middle East, Africa and Asia with capacity hikes being introduced to a number of other international destinations from the carrier's Doha hub. Speaking at Arabian Travel Market (ATM), the Middle East's premier travel trade event taking […]
Iraq has asked its Arab neighbours to forgive its pre-invasion debts, urging them to follow the United Arab Emirates and Algeria which have already written off what they were owed, according to Reuters. "We've asked Saudi Arabia, Kuwait, Qatar, Libya, Jordan, Sudan, Egypt and Morocco to help Iraq in closing up its debt situation," Iraqi […]
Qatar Airways has announced further expansion of its rapidly-growing international network with five new passenger routes, more cargo services and capacity increases to a number of destinations served direct from the airline’s Doha hub. Among the new routes are two new destinations in Iraq – the northern city of Erbil and capital Baghdad. Both routes […]
The Qatari petroleum company, Woqod, has revealed a plan to invest in the oil sector through the construction of oil warehouses for logistic support to oil companies in Basra. The representative of the company, Mr. Khaleel Hassan, said during his meeting with the deputy chairman of Basra Investment Commission that his company has several similar […]
Qatar Telecom QSC, the country’s largest company by revenue, is mulling plans to sell shares to the public in its Iraqi unit in two years, according to its chief strategy officer. “We are beginning to think now about doing an IPO in Baghdad,” Jeremy Sell said at a presentation in the Qatari capital Doha today. […]
AKnews reports that the first direct flight between Sulaimaniya and the Qatari capital, Doha, commenced on Wednesday. Dana Mohammed, media secretary for Sulaimaniya International Airport, told AKnews on Thursday that the route is being operated by FlyDubai, the UAE-based budget carrier, in conjunction with the local Zozg and Azmar airlines, and will offer two flight […]
