Business

$7bn QP-Qapco JV to go on stream in ’18 21 Nov 2012 - 07:22 am

HE Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry, Chairman and Managing Director of QP (second right) addressing the...

Qtel signs $500m Islamic financing deal with QIB 21 Nov 2012 - 07:20 am

Dr Nasser Marafih (right), CEO of Qtel Group, and Ahmad Meshari, Acting CEO of QIB, during the signing ceremony. DOHA: Qatar Telecom (Qtel)...

GCC considers economic aid for Jordan, says UAE minister 21 Nov 2012 - 07:20 am

DUBAI: Gulf states are looking at ways to help Jordan’s ailing economy after a government decision to cut fuel subsidies sent energy prices...

Oil slips to $111 as supply outweighs Mideast worries 21 Nov 2012 - 07:19 am

LONDON: Oil fell to $111 a barrel yesterday as ample supplies outweighed worries over fighting between Israel and Palestinians in the Middle East....

Shareholders of Xstrata vote for Glencore deal 21 Nov 2012 - 07:18 am

Xstrata Chairman John Bond (left) accompanied by unidentified staff arrives for an extraordinary shareholder meeting in the Swiss town of Zug yesterday. LONDON/ZUG,...

Ericsson helps Iran telecoms; letter reveals long-term deal 21 Nov 2012 - 07:18 am

LONDON: The Swedish firm Ericsson is working with Iran’s largest mobile telecom operator to expand its network and has promised to support another...

Qatargas’ JBOG project crosses 10m man-hours safely 21 Nov 2012 - 07:17 am

Doha: The Qatargas Jetty Boil-off Gas Recovery (JBOG) Project achieved a major safety milestone of completing ten million man-hours without any lost time...

LME chief gives presentation at ARABAL conference 21 Nov 2012 - 07:16 am

DOHA: The 16th ARABAL Conference kicked off yesterday, and the delegates from around the world were taken on two separate tours: a virtual...

Qatar banking sector to undergo modernisation, says REED 21 Nov 2012 - 07:16 am

DOHA/DUBAI: Qatar’s banking sector is set to undergo significant modernisation and a spike in recruitment over the next three years as the nation...

France to answer ratings downgrade with reforms 21 Nov 2012 - 07:14 am

French Junior Minister for Budget Jerome Cahuzac speaks during a press conference in Paris yesterday PARIS: France said yesterday it would respond to...

Qatar Exchange index adds 15.13 points 21 Nov 2012 - 07:14 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 15.13 points or 0.18 percent to advance to 8,396.05 points from 8,380.92 on Monday. ...

Qatar construction projects valued at $250bn 21 Nov 2012 - 07:13 am

DOHA: Qatar’s ongoing construction projects are valued at more than $250bn, with infrastructure attracting 34 percent of the total investments. In addition, $100bn...

Al Meera signs deal to acquire Oman’s Safeer 21 Nov 2012 - 07:12 am

Doha: Al Meera Holding, a subsidiary of Al Meera Consumer Goods Company, and Al Meera Development Company have signed a Sale and Purchase...

Saudi firms fear new year gas price rise 21 Nov 2012 - 07:11 am

RIYADH: Some Saudi petrochemical producers fear a possible rise in the price they pay for gas will impact profits starting early next year,...

Arab aluminium meet begins today 20 Nov 2012 - 12:42 am

ARABAL officials Abdul Aziz Daylami, Mohamed Al Naki, Ibrahim J Fakhri, Mohamed Yahya, Jamell Shameel and Abdul Rahim Al Hashmi, at a press...

Qatar to invest $1.3bn in Italian firms 20 Nov 2012 - 12:41 am

DOHA: Qatar agreed yesterday to invest as much as ¤1bn ($1.3bn) in Italian companies, aiding efforts by Italy’s Prime Minister Mario Monti to...

Three made-in-Qatar tug boats launched 20 Nov 2012 - 12:40 am

Chairman and Managing Director of Milaha Sheikh Ali bin Jassim Al Thani releases the ceremonial bottle to name one of the vessels yesterday. ...

Emir to open Qapco’s third LDPE plant today 20 Nov 2012 - 12:39 am

DOHA: Qatar Petrochemical Company (Qapco) will officially launch the operations of the new Low Density Polyethylene third plant (LDPE 3) today when the...