Country Profile: Qatar

Consolidated Gulf Co. (CGC), the Nokia partner in Qatar, sells about 100,000 Nokia devices every month in the country. This was disclosed by CGC during its annual partners' meet at Ramada hotel in Doha recently.

In a comparison of the first half of year 2010 with the first half of year 2009, Qatar Tourism Authority reports that the hotel sector in the State of Qatar shows a rise of two points in the occupancy rate. In addition to positive results for occupancy rates, revenues for four-star and five-star hotels in the first half of 2010 exceeded those revenues for the same period in years 2008 and 2009.

Qatar- Villa rents likely to fall further

Official: al khaliji, International Bank of Qatar merger process on track

Qatar: Qatar International Islamic Bank has said it plans to raise its 11.2% stake significantly in Islamic Bank of Britain by offering to buy new shares, Reuters has reported. On Tuesday, IBB announced plans to raise £20m through the placement of new shares priced at 1 pence per share to QIIB. Following the shares placement, the Qatari lender will be an 81% shareholder in IBB. The increase is subject to regulatory approval and shareholders of the Islamic Bank of Britain, it said in a statement. [AMEInfo.com]

Lebanon's Civil Aviation Authority has announced plans to more than double previous expansion plans for Beirut Airport, in addition to building a second major airport in the north of country, Arabian Aerospace has reported. Work is due to begin early next year to increase its capacity from six million passengers a year to 18 million with the construction of a new terminal and 23 new gates, taking the total to 46, director general of Civil Aviation, Dr Hamdi Chaouk said. Up to seven of these gates would be designed to take the Airbus A380. "We have talked to Emirates and Qatar," he said, "They need to have an alternative airport for their routes from the Gulf to London and we can provide that. It also gives us opportunities to grow," Chaouk said.

Qatar Airways a hit at air show

Qatar's Al Rayan Investment plans three funds

Qatar's Barwa, IQ lead in trading value on bourse

Currencies gain against Qatari riyal

Qatar- Power, water meet to start on October 4

Qatar: 8-digit phone nos come into effect

Qatar's Commercialbank posts QR818m H1 profit

Qatar: al khaliji held its first half 2010 investor conference and analyst meeting today in Doha. The investor conference was attended by Robin McCall, acting Chief Executive Officer and Christiaan de Beer, Group Chief Financial Officer. Also present were Charbel Cordahi, Head of Investor Relations and Steven Haycock, Group Head of Marketing. [AMEInfo.com]