SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

Building permissions issued by Qatar fall by 18 percent in Dec

The municipality of Al Wakrah topped with 130 building permits. (QNA)
  • The decrease was noted the most in the municipalities of Al Rayyan (47 percent), Al Khor (37 percent), Al Shammal (25 percent.
  • permits. Villas top the new residential buildings permits list, accounting for 83 percent (120 permits) in the residential sector.

Doha, Qatar– The number of building permits issued in Qatar in December 2022 decreased by 18 percent (527 permits), compared to (645 permits) issued in November 2022, the Planning and Statistics Authority said.

The decrease was noted the most in the municipalities of Al Rayyan (47 percent), Al Khor (37 percent), Al Shammal (25 percent), Al Doha (20 percent), Al Da’ayen (3 percent). On the other hand, there was a clear increase in the municipality of Um Slal (36 percent), Al Wakrah (16 percent) and Al Sheehaniya (6 percent), QNA reported.

According to their geographical distribution, municipality of Al Wakrah comes at the top of the municipalities with 130 building permits.

Villas top the new residential buildings permits list, accounting for 83 percent (120 permits) of all new residential buildings permits, followed by apartments buildings permits by 11 percent (16 permits) and dwellings of housing loans permits by 5 percent (7 permits).

Commercial buildings top the non-residential buildings permits with 51 percent (35 permits), followed by industrial buildings like workshops and factories with 31 percent (21 permits), then governmental buildings, mosques and other non-residential buildings with 6 percent (4 permits) each.