Business

Qatargas highlights challenges facing LNG at Flame conference 14 Mar 2013 - 04:27 am

Doha: Qatargas’ Chief Operation Officer – Commercial and Shipping Alaa Abujbara addressed challenges surrounding energy supply in the European markets at the annual...

Asia’s Mideast oil market may pick up as demand recovers 14 Mar 2013 - 04:27 am

SINGAPORE: Asia’s Middle East crude market may strengthen when trading in May barrels begins this week, supported by refineries in Asia returning from...

Fuel crisis in Egypt 14 Mar 2013 - 04:26 am

Vehicles in a queue at a petrol station in Cairo. Egypt’s Oil Minister Osama Kamal has dismissed the head of state-owned Misr Petroleum...

Mixed trading across region’s bourses 14 Mar 2013 - 04:26 am

DUBAI: Dubai’s Arabtec rebounded yesterday after the builder changed some of the terms of a proposed capital hike that had sent its shares...

Japanese carmakers to give workers bonus boost 14 Mar 2013 - 04:26 am

TOKYO: Japan’s top carmakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their...

Cathay Pacific’s profit dips by 83pc 14 Mar 2013 - 04:26 am

Hong Kong: Cathay Pacific yesterday said that 2012 net profit plunged more than 83 percent, as the Hong Kong flag carrier was buffeted...

Commerzbank shares drop after capital hike 14 Mar 2013 - 04:25 am

FRANKFURT: Commerzbank shares plunged yesterday after Germany’s second-largest bank said it would carry out a ¤2.5bn ($3.3bn) capital hike to pay back state...

Bahrain expects 4pc economic growth this year 14 Mar 2013 - 04:24 am

Bahrain’s Central Bank Governor Rasheed Al Maraj speaks during the GCC Governors meeting in Manama yesterday. MANAMA: Bahrain’s central bank expects economic growth...

Dhaman encourages investments in Arab states 14 Mar 2013 - 04:23 am

Kuwait: The Arab Investment and Export Credit Guarantee Corporation (Dhaman) is encouraging investments in Arab countries and development of exports to world markets,...

UAE to implement curbs on risk 14 Mar 2013 - 04:23 am

MANAMA: The UAE central bank must act this year to push forward previously issued rules and policies, a senior central bank official said...

Libya may increase Opec quota to boost economy 14 Mar 2013 - 04:22 am

TRIPOLI: Libya plans to invite bids from foreign firms for oil concessions by the end of 2013, Oil Minister Abdelbari Al Arussi said...

France welcomes Qatari investors 13 Mar 2013 - 01:05 am

French Minister for Foreign Trade Nicole Bricq. By Satish Kanady DOHA: The French government will not listen to media speculations and its priority...

Al Sada meets Egypt’s oil minister 13 Mar 2013 - 01:02 am

The Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum H E Dr Mohammed bin Saleh Al Sada with...

Govt talks on Al Koot in progress: GIS 13 Mar 2013 - 01:02 am

DOHA: Gulf International Services (GIS), the largest service group in Qatar, with interests in a broad cross-section of industries, has issued a statement...

Boost to Qatar-China business 13 Mar 2013 - 01:01 am

Qatar Dragon Mart Group President Zhenguo Huang By Satish Kanady DOHA: The upcoming Dragon Mart at the Barwa Commercial Avenue will be a...

Barclays appoints new head for Natural Resource Investments team 13 Mar 2013 - 01:00 am

DOHA: Barclays yesterday announced the expansion of the Barclays Natural Resource Investments (BNRI) senior management team in Qatar with the appointment of Dr...

Abu Dhabi to invest billions in Malaysia 13 Mar 2013 - 12:59 am

Malaysian Prime Minister Najib Razak with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan in Putrajaya yesterday. KUALA LUMPUR: Abu Dhabi...

Mazaya general assembly approves 6 percent dividend 13 Mar 2013 - 12:57 am

FROM LEFT: Ali Youssef Kamal, Saad Nasser Al Muneefi, Saad Ibrahim Abd El Latif Al Muhannadi, Rashed Fahad Al Naimi, Chairman of Mazaya,...