Business

China stocks rise for 4th session, scale 2-month high as materials firm 13 Feb 2017 - 10:48 am

SHANGHAI: China's main stock indexes rose for their fourth straight day of gains on Monday to a fresh two-month high, as the materials...

QIIC board recommends QR3.5 per share dividend for 2016 12 Feb 2017 - 11:44 pm

Qatar Islamic Insurance Company (QIIC) yesterday announced its financials for the year 2016, and the Company’s board has recommended distributing a cash dividend...

Qatar & Sweden set to expand areas of bilateral cooperation 12 Feb 2017 - 11:44 pm

Qatar and Sweden are working closely to further deepen and strengthen bilateral relations by exploring new areas of cooperation to enhance trade and...

Ooredoo receives two ISO certifications from Bureau Veritas 12 Feb 2017 - 11:43 pm

Ooredoo yesterday announced that it has successfully achieved two ISO certifications for Integrated Management and Quality Management Systems awarded by Bureau Veritas. The...

Dr Al Sada is 'Oil Diplomacy Man' of 2016 12 Feb 2017 - 11:43 pm

Minister of Energy & Industry, HE Dr. Mohammed Bin Saleh Al Sada will be presented with the ‘International Oil Diplomacy Man of the...

New models coming to US despite diesel scandal 12 Feb 2017 - 11:39 pm

Detroit: Despite uproar created by the diesel emissions cheating scandal at Volkswagen, Ford and General Motors are poised to offer new or revamped...

ibq net profit jumps 25% to QR500.3m 12 Feb 2017 - 11:39 pm

International Bank of Qatar (ibq)’s net profit for the year ended 31 December 2016 increased by 25 percent to QR500.3m as compared to...

Productivity potential of Qatar rising 12 Feb 2017 - 11:35 pm

Qatar is ranked in the top 15 percent of countries for productivity potential according to a new KPMG report – the ‘Variables for...

Maersk sees recovery in container shipping 12 Feb 2017 - 11:33 pm

Beijing: The bankruptcy of South Korea’s Hanjin Shipping Co. and a consolidation in container shipping industry will pave the way for a better...

Oil demand to peak by 2035 12 Feb 2017 - 11:32 pm

Despite electric cars spreading rapidly, oil demand would still rise because of rising prosperity in the developing world. An aggressive descaling of US...

Ex-VW chairman refuses to testify in emissions probe 12 Feb 2017 - 11:32 pm

Hamburg/Berlin: Ex-Volkswagen Chairman Ferdinand Piech, who resigned after a showdown with former chief executive Martin Winterkorn, has refused to testify to German lawmakers...

Spanish Business Council hosts networking event 12 Feb 2017 - 11:29 pm

The new board of directors of the Spanish Business Council in Qatar has begun 2017 with an interesting agenda of activities and events....

Micromax enters Middle East region 12 Feb 2017 - 11:28 pm

Micromax Informatics, the 10th largest smartphone player in the world, yesterday announced its foray into the Middle East and North Africa (MENA) region...

Al Khaleej Sugar Refinery working at full capacity 12 Feb 2017 - 11:28 pm

Dubai: Dubai’s Al Khaleej Sugar Refinery, the world’s largest port-based refinery for the commodity, said yesterday it was operating at full capacity and...

RBS plans to slash annual operating costs 12 Feb 2017 - 11:26 pm

London: Royal Bank of Scotland Group Plc is preparing to cut more than £1bn ($1.25bn) of annual operating costs by eliminating jobs and...

Saudi boosted by oil as other bourses steady 12 Feb 2017 - 11:24 pm

Dubai: Petrochemical shares boosted Saudi Arabia's bourse in early trade on Sunday after oil prices firmed at the end of last week, while...

IMF’s Lagarde expresses optimism about US economic growth 12 Feb 2017 - 07:43 pm

Dubai: International Monetary Fund chief Christine Lagarde yesterday voiced optimism for US economic growth under President Donald Trump but warned it could herald...

China regulator warns insurers of risks 12 Feb 2017 - 07:38 pm

China's insurance firms face possible risks from "irrational" stock investments and large-scale overseas mergers and acquisitions, the state-run People's Daily yesterday quoted a...