Business

Oil tanker market heads for worst year since 2013 on OPEC cut 08 Dec 2016 - 06:42 pm

Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become collateral damage in OPEC’s quest to trim a global...

German authorities probe Volkswagen’s sportscar brand Porsche for manipulation software 08 Dec 2016 - 05:37 pm

FRANKFURT: Germany is investigating whether Volkswagen’s (VW) sportscar brand Porsche used software to disguise exhaust emissions, the country’s car industry regulator said on...

Italian banking stocks on track for best week since 2009 08 Dec 2016 - 04:38 pm

LONDON: Italian banking shares surged again on Thursday bringing their three-day gains to 20 percent and putting them on track for the best...

Glencore, Qatar Investment Authority to buy 19.5 percent stake in Rosneft: Russia 08 Dec 2016 - 12:25 pm

MOSCOW: Russia said on Wednesday it sold a stake in oil giant Rosneft for 10.5 billion euros ($11.3 billion) to Qatar and commodities...

Qatar International Boat Show opens 08 Dec 2016 - 05:49 am

Qatar and German company sign LNG deal 08 Dec 2016 - 05:44 am

Qatar and a major German company yesterday signed an LNG deal on the sidelines of the Qatar-German Business Forum. This was announced by...

QIIB keen to promote innovations: CEO 08 Dec 2016 - 05:41 am

Qatar’s Shariah-compliant lender QIIB and leading insurance company Qatar Islamic Insurance Company (QIIC) made their presence at the prestigious “Best Arab Award” ceremony...

Vodafone announces winner of World of Prizes competition 08 Dec 2016 - 05:38 am

Vodafone has announced the first QR100,000 cash prize winner of its popular SMS-based competition, World of Prizes as Sri-Lankan native Prasanna Gedara who...

Investment in West Yas open to all nationalities 08 Dec 2016 - 05:36 am

Aldar Properties PJSC (‘Aldar’), Abu Dhabi's leading listed property development, investment and management company, yesterday announced that homes within its West Yas development...

Qatar-German trade reaches QR9.5bn in 2015 08 Dec 2016 - 05:34 am

The Qatar-German Joint Economic and Trade Cooperation Committee concluded its 5th meeting yesterday in Doha. The Qatari side was chaired by the Minister...

AMF holds meeting on regulatory standards 08 Dec 2016 - 05:33 am

The 12th high-level meeting for the Arab region on global banking standards and regulatory and supervisory priorities kicked off yesterday in Abu Dhabi...

Doha Bank honours outstanding employees 08 Dec 2016 - 05:31 am

DOHA Bank recently hosted its monthly Employee Recognition Award ceremony, to acknowledge the outstanding achievements of the Bank’s staff members from various departments....

Qatar keen on providing secure framework for digital innovation 08 Dec 2016 - 05:30 am

The global flow of data is rapidly becoming as important to economic development as the flow of oil, goods and services between nations,...

Samsung launches smartwatch Gear S3 in Qatar 08 Dec 2016 - 05:29 am

Samsung has launched the latest addition to the Gear universe, the smartwatch Gear S3 in Qatar. Unveiled at IFA 2016 in Berlin, the...

Qatargas conducts major emergency response exercise 08 Dec 2016 - 05:17 am

Qatargas recently conducted a major emergency response exercise in collaboration with the Ministry of Interior, Qatar Petroleum, and various shareholders. The exercise involved...

Oil firms and carmakers diverge in costly debate 07 Dec 2016 - 08:30 pm

LONDON: Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of...

Egypt sees 'three-year strategy' to revive economy 07 Dec 2016 - 03:27 pm

Cairo: Egypt has an ambitious three-year reform plan that, with foreign help, can revive its struggling economy, the minister of international cooperation told...

Iran moves to change its currency unit back to the toman 07 Dec 2016 - 03:11 pm

TEHRAN, Iran: Iran's official IRNA news agency says that President Hassan Rouhani's administration is proposing changing the name and denomination of the country's...