Business

Britain faces more austerity pain 06 Dec 2012 - 02:46 am

LONDON: Finance minister George Osborne yesterday warned Britons that they faced an extra year of austerity measures and insisted that reversing his belt-tightening...

QICDRC hosts regional business courts meet 06 Dec 2012 - 02:43 am

Officials at the trilateral meeting in Doha yesterday. DOHA: A trilateral meeting between the Qatar International Court and Dispute Resolution Centre (QICDRC), the...

Key European stocks rise; euro dips to $1.3076 06 Dec 2012 - 02:36 am

LONDON: European stock markets rose yesterday, unruffled by grim news on the eurozone and British economies. London’s FTSE 100 index of leading companies...

Brent falls to $109.07 a barrel 06 Dec 2012 - 02:35 am

LONDON: World oil prices dipped yesterday, reversing earlier gains on the back of the rebounding dollar and the latest crude inventories report from...

Qatari bourse index down by 0.21pc 06 Dec 2012 - 02:34 am

Doha: Qatar Exchange index was down 17.58 points or 0.21 percent to 8,336.37 points yesterday from the previous closing of 8,353.95. Among the...

Seatrade Personality of the Year 06 Dec 2012 - 02:33 am

Milaha Chairman and Managing Director Sheikh Ali bin Jassim Al Thani (third left) receiving the “Seatrade Personality of the Year” award for 2012...

QInvest sells stake in ABEC 06 Dec 2012 - 02:32 am

Tamim Hamad Al Kuwari Doha: QInvest, Qatar’s leading investment bank, has sold its stake in Asian Business Exhibitions and Conferences (ABEC), India’s leading...

Citigroup plans to cut 11,000 jobs worldwide 06 Dec 2012 - 02:31 am

NEW YORK: Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide,...

Abu Dhabi’s Taqa to raise $2bn from bond 06 Dec 2012 - 02:31 am

ABU DHABI: Abu Dhabi National Energy Co (Taqa), the state-owned firm buying some of BP’s North Sea assets, will raise $2bn from its...

QNB Group receives two top awards from The Banker 06 Dec 2012 - 02:29 am

Doha: QNB Group, the largest financial institution in the State of Qatar, and the MENA region, has been awarded the ‘Bank of the...

QFBA launches 2013 Program 06 Dec 2012 - 02:28 am

Doha: The 2013 Program Launch Event was held last evening by the Qatar Finance and Business Academy at the Hilton Hotel in Doha. ...

The First Investor, Investra sign MoU 05 Dec 2012 - 08:37 am

Officials from The First Investor and Investra Investments during the signing ceremony. DOHA: The First Investor (TFI), the investment banking unit of Barwa...

Qatar Holding raises stake in QE to 88pc; NYX holds 12pc 05 Dec 2012 - 08:37 am

DOHA: Qatar has upped its stake in its bourse from 80 percent to 88 percent, with NYSE Euronext holding the remaining 12 percent...

Iran gas not covered by US sanctions, says Turkey 05 Dec 2012 - 08:36 am

ISTANBUL: Turkey does not expect tighter US sanctions to apply to its natural gas imports from Iran, its energy minister said yesterday, which...

Aamal to introduce Gettco products 05 Dec 2012 - 08:35 am

DOHA: Aamal Company QSC (Aamal) has announced the expansion of its Aamal Trading and Distribution business with the introduction a new consumer products...

Qafco-6 project to be launched next Tuesday 05 Dec 2012 - 08:34 am

Doha: Qatar Fertilizers Company (Qafco) has announced that it will launch next Tuesday the QR2.2m Qafco-6 expansion project in Mesaieed Industrial City. Qafco...

Qatar National Bank launches debt fund 05 Dec 2012 - 08:33 am

DOHA: The Qatar National Bank (QNB), a leading regional lender, has launched a debt (bond) fund which is open for subscription to retail...

Arabtec bags QR2.3bn Msheireb contract 05 Dec 2012 - 08:32 am

Officials from the Msheireb Properties and Arabtec Construction consortium during the signing ceremony. Doha: Msheireb Properties, Qatar’s leading sustainable real estate developer, announced...