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Page 1/11 IBQ says 50pc customers bank online Doha: Half of all IBQ customers are now accessing the bank’s services online, the Doha-headquartered bank announced yesterday. The bank said the response from customers was significant considering the major increase in customer base that the bank witnessed during the last year. A secure, sta [more...] Posted on:11/2/2009 Khartoum project is progressing well: Diar Khartoum, Sudan: Qatari Diar Real Estate Investment Company, yesterday announced further progress for its landmark Mushaireb mixed-use community development located in downtown Khartoum. The project updates were announced at a press conference yesterday, presided by Qatari Diar DCEO for Operation [more...] Posted on:11/2/2009 QFCRA issues T&C revisions DOHA: The Qatar Financial Centre Regulatory Authority (QFCRA) issued details of its proposals on revisions to the Training & Competence (T&C) regime to all QFC authorised firms yesterday. The proposals are also available on the Regulatory Authority’s website at www.qfcra.com QFC authorised [more...] Posted on:11/2/2009 Meeza silver sponsor of bank tech congress DOHA: MEEZA, the managed IT Services and Solutions provider based in Qatar, will be the silver sponsor of the 3rd Bank Tech ME Congress 2009 to be held in Bahrain starting today until Tuesday. During the event, MEEZA will assert its position as a key player in the regional IT industry and deliv [more...] Posted on:11/2/2009 Mashreq expands operations to Kuwait Kuwait: Mashreq yesterday launched its 94th branch in the Middle East region with its first branch opening in Kuwait with a capital of KD15m. The inauguration of Mashreq’s branch in Kuwait was attended by Speaker of The National Assembly of Kuwait Jassem Al Kharafi and CEO of Mashreq Abdul Al Az [more...] Posted on:11/2/2009 Sri Lankan firm joins with DIC to serve Qatar employment industry Doha: Sri Lanka-based foreign employment group Trans Gulf Pvt Ltd (TGL) has joined hands with Qatar-based Doha International Consultants (DIC), a client solution provider in a bid to serve the employment and workforce industry in the country. Incorporated in 1990 in the South-Asian island, TGL h [more...] Posted on:11/2/2009 Madoff papers reveal unfocused SEC NEW YORK/WASHINGTON: US securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered. Hundreds of documents released on Friday by US Securities and Exchange Commission’s portray an age [more...] Posted on:11/2/2009 du planning $680.8m network expansion DUBAI: United Arab Emirates telecoms firm du which posted a record quarterly profit yesterday, plans to invest as much as Dh2.5bn ($680.8m) in 2010 as it looks to boost its services nationwide. The operator, which broke Emirates Telecommunications Corp’s monopoly in 2007, more than doubled profit [more...] Posted on:11/2/2009 Switzerland halts tax deal talks with Italy after raids ZURICH: Switzerland, angered by Italian raids on Swiss bank branches, has hit back by halting talks on a new double taxation agreement, Swiss Finance Minster Hans-Rudolf Merz said in a newspaper interview published yesterday. “The (tax) agreement was ready to be ratified from our side,” Merz told [more...] Posted on:11/2/2009 Jordan’s Housing Bank’s profit plunges AMMAN: Jordan’s Housing Bank for Trade and Finance said yesterday its net profit for the first nine months of the year fell 45 percent to JD48.8m ($68.8m) compared with the same period last year on higher provisions. Michel Marto, the bank’s chairman, said in a statement operating revenue fell 3 [more...] Posted on:11/2/2009
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