Business

DOHA: Doha Bank recorded a net profit of QR1.01bn for the third quarter of 2016 (Q3, 16) despite the oil-triggered challenges in the...

DOHA: Nakilat Shipping Qatar Limited (NSQL), a wholly owned subsidiary of Nakilat, yesterday signed an agreement with Shell International Trading and Shipping Company...

DOHA: Qatargas, the World’s Premier liquefied natural gas company, yesterday announced the signing of a new five-year LNG Sale and Purchase Agreement (SPA)...

DOHA: Banks in Qatar and Saudi Arabia are better placed than Gulf Cooperation Council (GCC) peers to cope with an eventual deterioration in...

DOHA: Senior representatives from Qatar Financial Centre (QFC) Authority have concluded a series of panel discussions with a number of Indian corporations in...

DOHA: Qatar’s real estate market remained firm as number transactions in the sector increased during the second week of October. According to Ezdan...

DOHA: The London-listed Qatar Investment Fund (QIF), which invests largely in Qatari-listed stocks, said yesterday that the directors have resolved to put forward...

Tokyo: Nissan chief Carlos Ghosn   (pictured) will become chairman of Mitsubishi Motors after Japan’s number two carmaker announced a major investment in its...

DOHA: Nasser Bin Khaled Automobiles, the authorized distributors of Mercedes-Benz in Qatar, marked the launching of two new Mercedes-Benz cars, the All-new E...

LONDON: The US dollar fell from a seven-month peak yesterday, combining with signs of an easing supply glut to help lift oil prices...

RIYADH: Saudi Basic Industries Corp (Sabic) has combined its chemicals and polymers businesses and will spin off its steel unit as part of...

LONDON: Saudi Arabia’s energy minister gave an upbeat message to an audience of industry executives yesterday, saying the oil market was at the...

DUBAI/LAGOS: Two international airlines have announced plans to suspend flights to the Nigerian capital Abuja by next month due to falling demand as...

LONDON: Saudi Arabia could issue the biggest bond deal in emerging markets history with its triple-tranche transaction. The GCC sovereign has yet to...

NEW YORK: The euro weakened against the US dollar yesterday, a day before the European Central Bank is due to meet, with investors...

DUBAI: Saudi Basic Industries (Sabic) helped lift Riyadh’s stock market yesterday after it reported a third-quarter net profit at the top end of...

Berlin: German airline Lufthansa on Wednesday raised its profit forecast for the year, after recording better than expected demand from business travellers in...

WASHINGTON: The construction of U.S.  single-family housing surged in September, though a drop in apartment building pushed overall home building activity to an...