Business

Ernst & Young Area Managing Partner,  Mark Otty addressing the opening session of the Growing Beyond Summit 2012  at Ritz-Carlton Doha yesterday. (Kammutty...

Sheikh Jassim bin Hamad bin Jassem bin Jaber Al Thani DOHA:  Qatar Islamic Bank (QIB), has recorded a net profit of QR1.13bn for...

DOHA: Despite reporting a 3 percent increase in its sales, Qatar Electricity and Water Company’s net profits declined six percent on year-on-year basis....

DOHA: Doha Bank’s net profit for 2012 third quarter (Q3) recorded an impressive QR1.06bn, up five percent, as compared to QR1.01bn for the...

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada addressing the meeting in Tokyo. DOHA: H E Dr Mohammed...

 Rashid bin Ali Al Mansoori receiving the award. DOHA: Qatar Exchange (QE) has won the very prestigious “Exchange of the Year” award for...

Doha: Some of the biggest corporations and companies in Qatar have joined hands with Qatar Chamber to support the organisation of the ICC...

DOHA: The ongoing Executive Board of the Gas Exporting Countries Forum (GECF) which opened at its headquarters here yesterday discussed the possibilities of...

Shashank Srivastava receiving the award. DOHA: The Qatar Financial Centre Authority (QFCA) bagged the “Best Financial Centre in the Middle East” Award for...

The Minister of Economy and Finance H E Yousuf Hussein Kamal  (second right), giving Lifetime Achievement Award to Sheikh Thani bin Abdullah bin...

DUBAI: The Dubai Mercantile Exchange (DME) aims to revitalize its Oman crude futures contract by attracting major consumers and Middle East banks, rather...

NEW YORK: Crude oil prices fell yesterday as Brent’s front-month contract approached expiration at the end of the session and under pressure from...

New York: Citigroup Inc Chief Executive Vikram Pandit resigned abruptly yesterday, effective immediately, a shock change at the top of the bank just...

RasGas delegation at Petrotech 2012 presents S Jaipal Reddy, India’s Minister of Petroleum and Natural Gas, with a memento at the Petrotech 2012...

DOHA: The  cap on Qatar’s retail lending  and Qatari banks’ increasing reliance on foreign interbank borrowing will significantly impact  the growth potential of...

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 35.21 points or 0.41 percent to advance to 8,558.12 points from 8,522.91 on Monday. ...

  ABU DHABI: Saudi Arabia is expected to award contracts for construction of the planned 115km rail link between its industrial city of Jubail...

RIYADH: Telecoms operator Zain Saudi  said its net loss widened by two percent in the third quarter, attributing the deterioration to lower revenue...