Business

Ryanair to appeal EU veto of Aer Lingus merger 28 Feb 2013 - 03:42 am

DUBLIN: Budget airline Ryanair will appeal yesterday’s decision by Europe’s anti-monopoly watchdog to block its third takeover bid for Aer Lingus , potentially...

Speculators’ return fuels Dubai bubble fear 28 Feb 2013 - 03:41 am

DUBAI: Property speculators are back in Dubai, aiming to make their fortunes by buying apartments and villas for cash, then selling them within...

Dubai plans central Islamic finance regulatory board 28 Feb 2013 - 03:39 am

Iran’s Supreme Leader Ayatollah Ali Khamenei talking to Pakistani President Asif Ali Zardari (centre), as Iranian President Mahmoud Ahmadinejad looks on in Tehran,...

Ooredoo Group CEO in Mobile Congress 27 Feb 2013 - 06:26 am

Ooredoo Group CEO Nasser Marafih during a news conference at the Mobile World Congress in Barcelona, yesterday. The four-day GSMA Mobile World Congress,...

Qatar hires UBS to invest $3bn in VTB 27 Feb 2013 - 06:26 am

DUBAI/LONDON: Qatar’s sovereign wealth fund has hired UBS to advise on a possible $3 bn investment in Russian state-controlled bank VTB, a source...

Commercialbank records QR2.01bn net profit 27 Feb 2013 - 06:22 am

FROM LEFT: Abdulla Mohamed Ibrahim Al Mannai, Director, Jassim Al Mosallam, Director, H E Abdullah bin Khalifa Al Attiyah, Chairman, Hussain Ebrahim Alfardan,...

Al Meera Holding acquires assets in Oman 27 Feb 2013 - 06:22 am

DOHA: Al Meera Holding Company LLC has signed an agreement to purchase the business and assets of Safeer stores in Oman. The deal...

QInvest is debt arranger for French assets 27 Feb 2013 - 06:20 am

Tamim Hamad Al Kuwari (left), and Craig Cowie DOHA: Investment Holding Company Constellation has appointed QInvest, Qatar’s leading investment bank, as sole financial...

Al Meera rights issue fully subscribed 27 Feb 2013 - 06:20 am

DOHA: Al Meera Consumer Goods Company (QSC) announced yesterday that it has successfully completed the rights issue subscription to increase its capital that...

Tomorrow last day of trading at QE’s present building 27 Feb 2013 - 06:19 am

DOHA: Tomorrow will be the last day for Qatar Exchange (QE) doing its businesses at its current building on the Grand Hamad Street....

Eurozone at 3-month low on Italian stalemate 27 Feb 2013 - 06:19 am

LONDON: Eurozone shares sank to three-month lows yesterday after an Italian election stalemate renewed concerns about the future of the euro zone and...

AirAsia posts 238pc jump in profit 27 Feb 2013 - 06:17 am

An engineer inspects an Airbus 330 of the Sri Lankan Airlines at the international airport in Katunayake, 30km north of Colombo, yesterday. The...

Global music revenues up first time since 1999 27 Feb 2013 - 06:16 am

LONDON: The music business broke a 12-year losing streak in 2012, posting a small but symbolic 0.3 percent rise in trade revenues to...

Assets of commercial banks reach QR828bn 26 Feb 2013 - 01:36 am

QCB Governor H E Sheikh Abdulla bin Saoud Al Thani addressing the 7th Gulf Cooperation Council Regulators’ Summit in Doha yesterday. BY...

Egypt’s regulator approves QNB’s bid for NSGB 26 Feb 2013 - 01:35 am

CAIRO: Egypt’s financial regulator has approved an offer by Qatar National Bank (QNB) for National Societe Generale Bank, after requiring QNB to buy...

Fourth Doha Energy Forum from March 5 26 Feb 2013 - 01:34 am

DOHA: The Gulf Intelligence will co-host The 4th Doha Energy Forum with Maersk Oil Qatar at Texas A&M University here on March 5-6,...

Apicorp announces $150m petroleum shipping fund 26 Feb 2013 - 01:34 am

DOHA: The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the Organisation of Arab Petroleum Exporting Countries (OAPEC) yesterday announced...

Masraf Al Rayan shareholders approve Libyan bank buy 26 Feb 2013 - 01:30 am

The extra ordinary general assembly of Masraf Al Rayan approved the acquisition of a strategic share in a commercial bank in Libya through...