Business

Qatargas, Thailand’s PTT sign long-term SPA 13 Dec 2012 - 07:53 am

DOHA: Qatargas Operating Company Limited (Qatargas) yesterday announced the signing of a long-term LNG Sales and Purchase Agreement (SPA) between Qatar Liquefied Gas...

QNB in deal to buy Societe Generale stake in NSGB 13 Dec 2012 - 07:52 am

Doha: QNB Group announced that it has entered into a definitive agreement with Societe Generale for the acquisition of its entire stake of...

LNG tanker owners face falling profits as projects delayed 13 Dec 2012 - 07:50 am

LONDON: Gas tanker owners face falling profits over the next few years as delays to Australian gas project leave new ships unemployed, though...

Iran stock rally defies economic slump 13 Dec 2012 - 07:46 am

DUBAI: Iranian share prices have rallied 40 percent in the past four months, at odds with the country’s deteriorating economic fundamentals under the...

Opec holds oil output steady; EL Badri stays 13 Dec 2012 - 07:45 am

VIENNA: Opec yesterday maintained its oil output ceiling but had to reappoint Secretary-General Abdullah El Badri to lead the cartel for another year...

Indian industrial output rises surprise 8.2 percent 13 Dec 2012 - 07:45 am

NEW DELHI: India’s industrial output grew by 8.2 percent year-on-year in October, the fastest rate in 16 months, official data showed yesterday in...

Qatar Exchange index rises by 11.98 points 13 Dec 2012 - 07:44 am

Doha: Qatar Exchange index ended its losing streak yesterday adding 11.98 points (or 0.14 percent) to advance to 8,345.97 points from 8,333.99 on...

Dubai Group in talks to sell Omani stake 13 Dec 2012 - 07:44 am

DUBAI/MUSCAT: Dubai Group, an investment vehicle restructuring $10bn of debt, is in talks to sell its stake in Oman National Investment Corp Holding ...

Qatar becomes world’s largest exporter of urea 12 Dec 2012 - 01:33 am

H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, addressing a press conference on the sidelines of Qafco-6 inauguration...

Economy to grow by 5.4pc: Finance Minister 12 Dec 2012 - 01:24 am

Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani addressing the Euromoney Conference Qatar yesterday. (RIGHT) The...

Private sector to play key role in growth: PM 12 Dec 2012 - 01:23 am

DOHA: Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani said that private sector is set to...

New Skoda Octavia 12 Dec 2012 - 01:18 am

Visitors observe a new Skoda Octavia car during its world premiere in Mlada Boleslav, Czech Republic, yesterday.

Qatar Airways studying CSA privatisation 12 Dec 2012 - 01:17 am

DUBAI: Qatar Airways is interested in the privatisation of Czech Airlines (CSA), but has not taken a decision on whether to participate in...

IMF loan to Egypt delayed amid political turmoil 12 Dec 2012 - 01:17 am

CAIRO: A vital $4.8bn International Monetary Fund loan to Egypt will be delayed until next month, its finance minister said yesterday, intensifying the...

Fitch Ratings affirms Al Khaliji’s IDR at A- 12 Dec 2012 - 01:16 am

DOHA: Al Khalij Commercial Bank’s (al khaliji) QSC, credit rating was recently affirmed by Fitch. The ratings agency maintains the bank’s Long-term Issuer...

NBAD plans acquisitions in expansion abroad 12 Dec 2012 - 01:16 am

ABU DHABI: National Bank of Abu Dhabi (NBAD), the UAE’s largest lender by market value, is looking at acquisitions as part of a...

Microsoft to power QFIB’s IT infrastructure 12 Dec 2012 - 01:15 am

DOHA: Microsoft Gulf and Qatar First Investment Bank (QFIB) announced on Monday that they have partnered to upgrade the core IT infrastructure of...

Qatar bourse index slips by 7.87 points 12 Dec 2012 - 01:15 am

Doha: Qatar Exchange continued its losing streak yesterday sliding 7.87 points or 0.09 percent to 8,333.99 points from the previous closing of 8,341.86. ...