Business

Tracking Libor’s descent from Britain’s 1797 bank rate 10 Oct 2012 - 09:05 am

By Scott Nelson The London interbank offered rate — which is set daily by asking banks what they would charge to lend to...

Swelling foreign short-sellers prompt Chinese charm offensive 10 Oct 2012 - 09:04 am

By Pete Sweeney Foreign short-sellers are telling China it has a credibility problem, and Beijing seems to be listening. Investors are betting that...

QNB records QR6.2bn net profit till September 08 Oct 2012 - 02:06 pm

DOHA: QNB Group, one of the largest financial institutions in the Mena region, has recorded a net profit of QR6.2bn ($1.7bn) for the...

Qatar Chamber session for Business Councils 08 Oct 2012 - 02:04 pm

Qatar Chamber hosted a briefing session for Business Councils in Qatar yesterday about the ICC WCF 8th World Chambers Congress to be held...

8th Annual HSE Forum in Energy opens in Doha today 08 Oct 2012 - 02:04 pm

Doha: More than 350 professionals from the health, safety, and environment (HSE) field will gather here today when the GCC’s foremost HSE event...

QFIB and Kuwait Energy ink $150m investment deal 08 Oct 2012 - 02:04 pm

Doha: Qatar First Investment Bank (QFIB), Qatar’s first independent Shariah-compliant investment bank authorised by the QFC Regulatory Authority, and Kuwait Energy, one of...

Qatar to be GCC hospitality sector hub: Alpen Capital report 08 Oct 2012 - 02:03 pm

DOHA: Qatar will be one of the fastest growing markets in the GCC Hospitality sector in terms of number of hotel rooms, trends,...

Dlala Holding posts QR30.6m net profit 08 Oct 2012 - 02:03 pm

DOHA: Dlala Brokerage & Investment Holding recorded a net profit of QR30.6m for the nine month period ended September 30, 2012, compared to...

Open forex market in Tehran still largely paralysed 08 Oct 2012 - 02:03 pm

TEHRAN: The open forex market in Tehran was still largely paralysed yesterday, four days after Iran’s national currency dropped more than 40 percent...

Global refining industry shifts to Middle East 08 Oct 2012 - 01:59 pm

JUBAIL: As high oil prices and improved efficiency force refineries in the US and Europe towards closure, the industry is shifting toward the...

Intertec holds Galaxy Note II training session 08 Oct 2012 - 01:58 pm

Intertec Group WLL, the authorised distributor for Samsung mobile phones, conducted a product training session on their latest smart phone - Samsung Galaxy...

Qatar Shell sponsors third QIBWF 08 Oct 2012 - 01:57 pm

Officials pose for a group picture in Doha. Doha: Qatar Shell signed an agreement with the Qatari Businesswomen Association and Interactive Business Network...

Barwa selling QR16bn assets to repay loans 08 Oct 2012 - 01:57 pm

DOHA: Barwa Real Estate Group has announced selling its assets valued at QR16bn in Qatar and Egypt to repay loans. The assets being...

E&Y’s Growing Beyond Summit on Oct 16-17 08 Oct 2012 - 01:56 pm

Doha: Under the patronage of the Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani, Ernst &...

10 French firms to take part in Milipol Qatar Exhibition 08 Oct 2012 - 01:56 pm

DOHA: A delegation of 10 French companies from the NBC Defense GIE will attend the Milipol Qatar Exhibition starting here today to seek...

LREDC awards contract to Al Jaber & Partners 08 Oct 2012 - 01:56 pm

Doha: The Lusail Real Estate Development Company (LREDC) has announced the awarding of the CP6B contract for highways and associated utility networks for...

Euromoney in partnership with Qatar institutions 08 Oct 2012 - 01:55 pm

DOHA: Euromoney Confere-nces, the events arm of Euromoney Institutional Investor Plc, yesterday announced a partnership with Qatar to develop a series of live...

Eurozone to launch ESM rescue fund 08 Oct 2012 - 01:54 pm

BRUSSELS: The eurozone finally gets its ¤500bn rescue fund today when finance ministers meet amid growing uncertainty over Greece’s tortuous debt bailout and...