Business

Qapco to open third low-density polyethylene plant on November 20 06 Nov 2012 - 06:21 am

Doha: Qatar Petrochemical Company (Qapco) announced yesterday that it will inaugurate its third low-density polyethylene plant on November 20 at Mesaieed Industrial City. ...

HSBC reveals US money-laundering bill hits $1.5bn 06 Nov 2012 - 06:20 am

LONDON: HSBC has increased the amount set aside for fines linked to money-laundering in the United States to $1.5bn, the British banking giant...

Brookfield Medgulf bags QR1.5bn Msheireb contract 06 Nov 2012 - 06:18 am

Officials of Msheireb Properties and Brookfield Multiplex Medgulf during the signing ceremony. Doha: Msheireb Properties, Qatar’s leading sustainable developer, has appointed Brookfield Multiplex...

Qatari bourse adds 0.50 points 06 Nov 2012 - 06:17 am

Doha: Qatar Exchange was slightly up yesterday adding 0.50 points or 0.01 percent to advance to 8,565.34 points from 8,564.84 on Sunday. The...

Three years without LTI on Harvey Duhaney platform 06 Nov 2012 - 06:17 am

Doha: Total E&P Qatar completed three years without lost time incident (LTI) on the Noble Harvey Duhaney platform. On this occasion Stephane Michel,...

Qatar Steel inducted into Palladium HoF 06 Nov 2012 - 06:15 am

Doha: Palladium Group announced Qatar Steel as one of the winners of the 2012 Balanced Scorecard Hall of Fame during their Annual Global...

Sterling Group draw 05 Nov 2012 - 06:50 am

The second draw in Sterling Group’s Mercedez Benz G55 promotion was held at Caravan premises yesterday. Saeed Al Mannai, an official from the...

QNB, Industries Qatar make it to FT top 500 05 Nov 2012 - 06:50 am

DOHA: Two Qatari entities, QNB and Industries Qatar (IQ), made the Financial Times (FT) top 500 list by market capitalisation as at end-September...

Qatar’s banking sector to grow stronger 05 Nov 2012 - 06:44 am

Omar Mahmood, Partner, Financial Services, KPMG in an interview with The Peninsula. salim matramkot DOHA: Driven by a combination of factors, 2013 will...

Corporate Europe in pain as Q3 warnings pour in 05 Nov 2012 - 06:43 am

LONDON/FRANKFURT: From advertising and luxury goods to cars and heavy engineering, European industry is retrenching and abandoning its already modest growth targets, a...

Sandy to boost construction jobs as storm spurs home repairs 05 Nov 2012 - 06:42 am

LOS ANGELES: Demand for construction workers and materials is likely to receive a boost as homeowners in coastal areas of New York and...

Vodafone row pushes back Canada-India investment deal 05 Nov 2012 - 06:40 am

AGRA: A high-profile tax dispute between the Indian government and British telecoms operator Vodafone Group has made it unlikely that India will sign...

Qatari bourse index down by 0.45 percent 05 Nov 2012 - 06:37 am

Doha: Qatar Exchange fell by 38.78 points or 0.45 percent to 8,564.84 points yesterday from the previous closing of 8,603.62 points. Among the...

US fiscal cliff, EU debt woes worry G20 05 Nov 2012 - 06:34 am

MEXICO CITY: Finance chiefs of the world’s 20 leading economies are ringing alarm bells over the US fiscal cliff and Europe’s debt woes...

Weekly Money Market Review with IBQ: Strong US dollar, albeit Sandy 05 Nov 2012 - 06:31 am

Markets started the week relatively slow, as Hurricane Sandy devastated the Northern East Coast of the United States. The storm disrupted transportation and...

After Hurricane Sandy, commodities switch focus to elections 05 Nov 2012 - 06:29 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Financial and commodity markets will be presented with a multitude of event risks over...

Shanghai, Beijing lure investors 04 Nov 2012 - 07:58 am

A construction site in Beijing. Real estate investors are returning to Shanghai and Beijing after two years in which they concentrated on provincial...

European bank lending in Qatar falls 19pc 04 Nov 2012 - 07:58 am

By Satish Kanady DOHA: The lending from European banks is falling significantly in Qatar and in other GCC countries as well. Qatar saw...