Business

Woqod net profit at QR850m in third quarter 28 Oct 2016 - 01:09 am

DOHA: Qatar Fuel (Woqod) yesterday announced QR850m net profit for the third quarter of 2016. Net profit of the company has declined 11...

Fitch: No rating impact on Nakilat’s transition 28 Oct 2016 - 01:08 am

DOHA: Fitch Ratings yesterday said there will be no rating impact from Nakilat’s transition to in-house vessel management. “Ratings on Nakilat’s senior and...

Belgium breaks deadlock on EU-Canada trade deal 28 Oct 2016 - 01:07 am

Brussels: Belgium announced a breakthrough yesterday to save a landmark EU-Canada free trade deal by winning over domestic holdouts who threatened to torpedo...

IMF says expects board to consider Egypt loan within weeks 27 Oct 2016 - 10:32 pm

WASHINGTON: The International Monetary Fund said on Thursday that a $12 billion loan program for Egypt should soon be ready for board approval...

Saudi Arabia takes new steps to ease bank liquidity crunch 27 Oct 2016 - 08:46 pm

RIYADH/DUBAI: Saudi Arabian authorities have taken fresh steps to ease a liquidity crunch caused by low oil prices, suspending the government’s local currency...

Oil rises above $50 on OPEC cut comments 27 Oct 2016 - 05:17 pm

LONDON: Oil edged above $50 a barrel on Thursday, drawing support from sources' comments that OPEC's Gulf members are willing to cut their...

Carmaker Nissan to build new Qashqai model in UK 27 Oct 2016 - 01:37 pm

London: Japanese car giant Nissan announced Thursday it will build its new Qashqai sport utility vehicle at its plant in Sunderland, northeast England,...

Ousted Tata boss's hostile defence takes boardroom battle public 27 Oct 2016 - 08:42 am

NEW DELHI: Days after he was ejected as chairman of Tata Sons, Cyrus Mistry has stunned India with a hostile 5-page letter outlining...

Samsung says Note 7 probe open to 'all possibilities' 27 Oct 2016 - 08:06 am

Seoul: Samsung on Thursday acknowledged technical problems that killed off its Galaxy Note 7 may extend beyond its battery, and vowed an ongoing...

MPHC declares QR716m net profit 26 Oct 2016 - 11:22 pm

DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum (QP), and one of the region’s premier diversified petrochemical conglomerates with interests...

QBA hosts Pakistan President 26 Oct 2016 - 11:22 pm

The visiting President of Pakistan Mamnoon Hussain (centre) with Qatar Businessmen Association (QBA) Chairman Sheikh Faisal bin Qassim Al Thani (sixth left),board members...

QFB revenue surges by 39%; net profit at QR3.4m 26 Oct 2016 - 11:18 pm

DOHA: Qatar First Bank (QFB), the leading Shari’ah compliant bank, recorded a revenue of QR491m for the third quarter of 2016 (Q3, 16),...

Vodafone Qatar announces new board members 26 Oct 2016 - 11:15 pm

DOHA: Vodafone Qatar yesterday announced its new board structure with Abdullah bin Nasser Al Misnad appointed as the Chairman by the Board effective...

Real estate weekly deals reach QR628m: Ezdan 26 Oct 2016 - 11:13 pm

DOHA: A deal worth QR140m for a multi-use building in Najma area pushed the value of real estate transactions by 1.5 percent last...

QFBA to host final of 2016-2017 edition of ‘Global Management Challenge’ in Doha 26 Oct 2016 - 11:12 pm

DOHA: For the first time ever in the GCC and the Arab World, Qatar Finance and Business Academy (QFBA), in association with Adnar...

Rail operators and contractors should focus on meeting deadline: MEED 26 Oct 2016 - 11:11 pm

DOHA: Delivering projects on time and budget is expected to be the main focus of most rail operators and contractors over the medium-term...

QIB to sponsor information security conference for financial institutions 26 Oct 2016 - 11:09 pm

DOHA: Qatar Islamic Bank (QIB) has announced that it is sponsoring the Third Annual Conference for Information Security in Financial Institutions. The conference,...

Avanzcare and Mindray sign new distribution agreement 26 Oct 2016 - 11:09 pm

DOHA: Avanzcare, the medical arm of Al Sawari Holding, and Mindray, a global provider of medical devices, announced a new distribution agreement yesterday....