AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.
The Qatar Exchange 20 Index advanced 0.38% higher at 9,870.90 points on Thursday. Shares gained across the sectors after the U. S. Fed decided on Wednesday not to taper its monthly bond purchases of $85bn. Qatar Industrial Manufacturing Co. or QIMC closed unchanged at QR50. Earlier in the day, the firm said has it signed a contract with "Hill International" Co. to manage the design stage of the tower project, which QIMC intends to build on the Corniche Road, to replace its present headquarters, at an estimated cost of QR500m.