Business

Financial sector role in diversification stressed 13 Nov 2012 - 07:05 am

DOHA: Financial services have a major role to play in diversifying Qatar’s economy and the country has made good progress in that direction....

SocGen close to sale of Egypt arm to QNB 13 Nov 2012 - 07:04 am

DUBAI/PARIS: Societe Generale is nearing the sale of its majority stake in an Egyptian bank to Qatar National Bank (QNB), sources familiar with...

Brent slips as fiscal cliff fears offset Middle East tension 13 Nov 2012 - 07:03 am

NEW YORK: Brent crude prices slipped yesterday in choppy trading, as concerns about US fiscal problems offset tensions in the Middle East and...

CSRC seeks Qatar-China capital market consolidation 13 Nov 2012 - 07:01 am

Rashid bin Ali Al Mansoori (left) handing over a memento to Jiang Yang. DOHA: A top executive of China Securities Regulatory Commission (CSRC)...

Qatari bourse dips as investors cut positions 13 Nov 2012 - 07:01 am

Doha: Qatar’s benchmark dropped 0.4 percent to its lowest finish since October 14. A lack of catalysts as well as the global environment...

Gulf Standards panel for oil & gas industry holds workshop 13 Nov 2012 - 07:01 am

Doha: More than 70 experts and representatives from Qatar and other GCC countries attended the 14th Meeting and Workshop of the Gulf Standards...

Dolphin Energy awards Qatar gas plant deal to L&T 13 Nov 2012 - 07:00 am

ABU DHABI: UAE group Dolphin Energy has awarded a $250m contract to Indian group Larsen & Toubro to upgrade a gas plant in...

UK Buzzard oil field suffers another glitch 13 Nov 2012 - 07:00 am

LONDON: The Buzzard oil field suffered another production glitch on Saturday, a trade source said, frustrating traders and prompting one to say the...

Global Agenda Summit 13 Nov 2012 - 06:56 am

Sheikh Mohammed bin Rashid Al Maktoum (centre), Vice President and Prime Minister of the UAE and Ruler of Dubai, looks on during a...

US to overtake Saudi as top oil producer 13 Nov 2012 - 06:55 am

LONDON: The United States will overtake Saudi Arabia and Russia as the world’s top oil producer by 2017, the West’s energy agency said...

Asia’s Mideast crude market to drop 13 Nov 2012 - 06:54 am

SINGAPORE: Asia’s Middle East crude spot market may weaken further when trading in January cargoes kicks off this week as weak product margins...

Egypt sees initial IMF deal this week, says minister 13 Nov 2012 - 06:54 am

CAIRO: The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8bn loan before an IMF...

Bridges Middle East summit begins in Doha 13 Nov 2012 - 06:53 am

Doha: As part of Qatar’s efforts to tackle key challenges facing the region’s infrastructural advancement, the 5th annual ‘Bridges Middle East’ summit kicked...

Sabic sets sights on US shale gas boom 13 Nov 2012 - 06:53 am

JUBAIL, Saudi Arabia: Saudi Basic Industries Corp (Sabic) is considering investing in the United States to capitalise on the shale gas boom there,...

UAE working on bill for debut sovereign bond 13 Nov 2012 - 06:52 am

DUBAI: The United Arab Emirates government is still working on a public debt law that would pave the way for a debut federal...

Qatar’s gas exports rise substantially: IMF report 12 Nov 2012 - 07:07 am

By Satish Kanady DOHA: The Mena region’s oil-exporting countries are expected to post solid growth in 2012, largely on account of Libya’s better-than-expected...

QP showcases projects at Adipec 2012 12 Nov 2012 - 07:05 am

Officials at the QP stand at Adipec 2012 in Abu Dhabi. Abu Dhabi: Qatar Petroleum is participating in the 15th edition of the...

Al Khaliji ‘Golden Reward’ campaign 12 Nov 2012 - 07:03 am

Mohammed Atassi, Head of Corporate Affairs at Al Khalij Commercial Bank (al khaliji ), presenting Abdulla Al Semaitt, the first Premium Banking customer...