Business

Air passenger traffic up in Europe in May 06 Jul 2018 - 04:59 pm

ANKARA: Air passenger traffic in Europe rose 6.1 percent in May compared to the same month last year -- including a leap of...

Deputy Amir launches mega reservoirs project in Al Thumama 06 Jul 2018 - 01:37 am

DOHA: Deputy Amir H H Sheikh Abdullah bin Hamad Al Thani launched yesterday the first phase of water pumping in the strategic mega...

LuLu Group opens fourth forex branch in Philippines 06 Jul 2018 - 01:31 am

DOHA: LuLu-Phils International Exchange, Inc, a part of the LuLu Financial Group, commenced operation of its fourth branch in the Philippines and third...

Qatar-Pakistan trade jumps 104% at QR5.83bn 06 Jul 2018 - 01:31 am

DOHA: The bilateral trade volume between Qatar and Pakistan witnessed a remarkable tripled digit-growth last year compared to previous year. The two-way trade...

UK cabinet ministers revolt over Theresa May's soft Brexit plan 05 Jul 2018 - 11:44 pm

Prime Minister Theresa May is battling a Cabinet revolt over her plan to tie the U.K. closely to European Union trade rules, in...

France has no reason to bar lesbians from IVF, top court advises 05 Jul 2018 - 11:35 pm

PARIS: There are no legal reasons not to give single women and lesbian couples access to medically-assisted reproduction, the top state advisory body...

Mukesh Ambani takes on Amazon, Walmart in India e-commerce slugfest 05 Jul 2018 - 11:13 pm

Reliance Industries Ltd. plans to take on the likes of Amazon.com Inc. and Walmart Inc. in India’s retail industry by creating a platform...

Indian Railways live streams from kitchens after food scares 05 Jul 2018 - 07:13 pm

New Delhi: Indian Railways has started live streaming from its kitchens so that millions of passengers can see how their meals are prepared...

Boeing to take over Embraer unit, taking on Airbus-Bombardier 05 Jul 2018 - 05:38 pm

SAO PAULO: Boeing Co will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75-billion...

ibq reports 12% growth in net profit for H1 2018 05 Jul 2018 - 12:48 am

DOHA: International Bank of Qatar (ibq) has reported a net profit (excluding exceptional gains) of QR313m for the first six month of this...

Doha Bank marks Al Dana Saving Scheme fourth draw 05 Jul 2018 - 12:48 am

DOHA: Doha Bank has announced the winners of its fourth draw of Al Dana Savings Scheme 2018 during a special event held at...

Chinese group HNA’s co-chairman Wang Jian died after falling from 15 meters high while taking photo 05 Jul 2018 - 12:48 am

The turmoil deepened at HNA Group Co., the Chinese conglomerate that’s been selling billions of dollars in assets to stay afloat, after its...

DIG to open representative office in Beirut 05 Jul 2018 - 12:11 am

DOHA: Doha Insurance Group (DIG) has obtained the final approval from Qatar Central Bank to establish a representative office in Beirut-Lebanon under the...

Ahli Bank files legal suit against IHG 05 Jul 2018 - 12:11 am

DOHA: Ahli Bank Qatar has filed a legal case against Investment Holding Group (IHG) and a group of defendants for an amount of...

Business conditions continue to improve in June: QFC Qatar PMI 05 Jul 2018 - 12:11 am

DOHA: Continuing the run of growth seen since August last year, the latest headline QFC Qatar PMI remained in expansion territory during June...

QCB sees rapid increase in QDB’s high-quality capital 05 Jul 2018 - 12:11 am

DOHA: The total assets of Qatar Development Bank (QDB) have increased to QR10.2bn in 2017, from QR9bn recorded a year ago. As in...

Commercial Bank extends ‘60 seconds’ remittances 05 Jul 2018 - 12:11 am

DOHA: Commercial Bank has extended its best in class ‘60 seconds’ online remittances to Nepal and Pakistan. Customers can now send money home...

Apicorp concludes exit of National Petroleum Services 05 Jul 2018 - 12:11 am

DOHA: The Arab Petroleum Investments Corporation (Apicorp) yesterday announced that it has completed the sale of its 29 percent equity investment in National...