First Qatar, the company embroiled in controversy over air conditioning charges at mega-project The Pearl, has hit back at claims it is to blame for the price increases.

Some investors at the $14bn seaside development in Doha are trying to establish why they now face up to a 150% rise in air-con charges.

Master developer Qatar Cool denies it has raised its air-con prices. It said in a statement last month that it only enters into contracts with developers.

But on Thursday developer First Qatar said Qatar Cool had increased its fees.

arabianbusiness.com