Business

Barclays names Klemme as Mideast head in Private Bank 01 Nov 2017 - 12:38 am

Barclays has announced that Steve Klemme (pictured) will be joining as Head of Middle East in Private Bank & Overseas Services. With over...

Sasol renews Al Attiyah Foundation membership 01 Nov 2017 - 12:19 am

In line with its international efforts in support of sustainable development, Sasol, the international integrated chemicals and energy company, today announced the renewal...

Listed companies’ net profit at QR29.3bn 01 Nov 2017 - 12:05 am

The combined net profit of listed companies, excluding Vodafone Qatar, stood at QR29.3bn in the third quarter of 2017, down 6 percent from...

Bank of England sees up to 75,000 finance job losses after Brexit 01 Nov 2017 - 12:05 am

LONDON: The Bank of England expects Britain to lose up to 75,000 financial services jobs in the years after its departure from the...

Pfizer doubles 3Q profits, raises full-year forecast 31 Oct 2017 - 02:46 pm

New York: US pharmaceutical giant Pfizer reported Tuesday that third-quarter profit more than doubled as strength in newer drugs to treat cancer and...

Ryanair profits rise despite mass cancellations 31 Oct 2017 - 12:41 pm

LONDON: Ryanair says first-half profit and passenger numbers increased even as the budget airline scrambled to correct pilot scheduling errors that cancelled thousands...

Asian markets largely quiet on back of US retreat 31 Oct 2017 - 12:13 pm

Hong Kong: Asian markets were largely muted on Tuesday, tracking a retreat in New York as anticipation builds ahead of major earnings reports...

Tokyo stocks close flat, Softbank down on merger reports 31 Oct 2017 - 10:06 am

Tokyo: Tokyo stocks closed flat Tuesday after Japan's central bank cut an annual inflation forecast but kept its ultra-loose monetary policy in place,...

Qatari economy adjusts to blockade: IMF 31 Oct 2017 - 10:00 am

After the initial shock of the June 5 measures, the Qatari economy and financial markets are adjusting to the impact of the diplomatic...

China oil majors' profits up on firm demand 31 Oct 2017 - 09:15 am

Shanghai: China's two big oil giants PetroChina and Sinopec have reported strong third-quarter net profits on robust domestic demand. State-owned PetroChina said late...

China, Hong Kong shares slip on slower China factory growth 31 Oct 2017 - 08:58 am

SHANGHAI: China and Hong Kong stocks eased on Tuesday morning, with investor risk appetite curbed by a sharper-than-expected slowdown in China's factory activity...

Ezdan records QR1.41bn net profit 31 Oct 2017 - 12:00 am

Ezdan Holding Group has announced its financial results for the period ended 30 September 2017. The period’s net profit amounted to QR1.41bn compared...

Mannai reports QR294m pre-tax profits. 31 Oct 2017 - 12:00 am

Mannai Corporation recorded a group revenue of QR4.4bn for the third quarter of 2017, up 26 percent from a year ago. The gross...

Aamal’s net profit at QR379m; group revenue reaches QR1.25bn 31 Oct 2017 - 12:00 am

Aamal Company’s total net profit for the nine months ended September 30, 2017 stood at QR379m, down 11 percent compared to the same...

Doha Bank, Centrum Wealth Management ink deal 31 Oct 2017 - 12:00 am

Doha Bank, one of the largest private commercial banks in Qatar, has entered into an agreement with Centrum Wealth Management Limited, to offer...

QFC attracts key Asia Pacific firms in 2016 31 Oct 2017 - 12:00 am

Over 22 percent of the firms registered under the Qatar Financial Centre in 2016 were from the Asia Pacific region. These include the...

ASTAD set to develop theme park in Qatar 31 Oct 2017 - 12:00 am

ASTAD, leading project development solution provider, announced yesterday that it has signed a Memorandum of Understanding (MoU) with the global leader at the...