Business

New wave of mega liquefied natural gas projects is approaching 06 Aug 2018 - 10:54 pm

LONDON: A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as...

Indra Nooyi exit thinning the ranks of US female CEOs 06 Aug 2018 - 10:54 pm

Indra Nooyi is stepping down as chief executive officer of food and beverage giant PepsiCo Inc., handing the reins to a top lieutenant...

Qatar’s new business growth hits 9-month high: QFC data 06 Aug 2018 - 10:54 pm

DOHA: Qatar’s non-hydrocarbon private sector started the third quarter on a solid footing, according to the latest QFC Qatar PMI data. A survey-record...

Cryptocurrencies set to emerge as new asset class 06 Aug 2018 - 10:54 pm

DOHA: With the introduction of some financial derivative and legal tools in the US and other markets with regard to Cryptocurrencies trading, Bitcoin...

Facebook asks big banks to share customer details 06 Aug 2018 - 09:03 pm

New York: Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's...

Longtime Pepsi CEO Indra Nooyi stepping down; Ramon Laguarta to take over 06 Aug 2018 - 11:41 am

Indra Nooyi is stepping down as chief executive officer of food and beverage giant PepsiCo Inc., handing the reins to a top lieutenant...

ELAN Group signs deal with Oman’s TAMANI 06 Aug 2018 - 12:42 am

DOHA: ELAN Group recently signed an agreement with TAMANI Global Development & Investment, a diversified Omani enterprise that has multiple world-class commercial, real...

GIS announces QR34m net profit for first half 06 Aug 2018 - 12:42 am

DOHA: Gulf International Services (GIS), the largest services group in Qatar with interests in a broad cross-section of industries, has reported QR1.31bn in...

IHG to fully acquire Consolidated Engineering Systems 06 Aug 2018 - 12:42 am

DOHA: Investment Holding Group (IHG), a Qatari shareholding company, yesterday announced its intention to purchase the remaining shares of Consolidated Engineering Systems, its...

Surge in Qatar’s listed govt bond value 05 Aug 2018 - 12:09 pm

DOHA: The value of Qatar’s listed government bonds saw a staggering growth of 94.21 percent to QR12.57bn in 2017, from QR6.4bn in the...

Fitch & Moody’s upgrade Commercial Bank outlook 05 Aug 2018 - 11:45 am

DOHA: Global credit rating agencies Fitch and Moody’s have upgraded the outlook of Commercial Bank to Stable and affirmed the long-term issuer default...

Mannai reports QR167m net profit for H1 2018 05 Aug 2018 - 11:42 am

DOHA: Mannai Corporation, one of the most diversified companies in Qatar, has reported a net profit of QR167m on revenue of QR5.1bn for...

QCB Governor hails QFMA’s role in braving blockade 05 Aug 2018 - 11:13 am

DOHA: H E Sheikh Abdulla bin Saoud Al Thani, Governor of Qatar Central Bank (QCB) and Chairman of Qatar Financial Markets Authority (QFMA)...

Portfolio inflows to EMs rose to over $11.9bn in July 04 Aug 2018 - 05:45 am

DOHA: After two months of outflows, net non-resident portfolio flows to emerging markets (EMs) turned positive in July. The EMs saw inflows of...

QSE investors became QR26.75bn richer last week 03 Aug 2018 - 12:47 am

DOHA: Qatar Stock Exchange’s (QSE) benchmark index made a remarkable gain during the last week powered by banking and industrial sector stocks. The...

Do more to close 'obscene' gender pay gap, British businesses told 02 Aug 2018 - 10:32 pm

LONDON: More British businesses should be made to report the difference in how much they pay male and female staff, lawmakers said on...

Apple hits $1 trillion stock market valuation 02 Aug 2018 - 07:03 pm

SAN FRANCISCO: Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous...

Investcorp announces sale of Nobel Learning Communities 02 Aug 2018 - 01:00 am

DOHA: Investcorp, a leading global provider and manager of alternative investments, yesterday announced it has completed the sale of Nobel Learning Communities, one...