Business

Iraq asks foreign oil companies to increase crude production, exports 23 Aug 2016 - 01:33 pm

Jabar Ali al-Luaibi, Iraqi Oil Minister BAGHDAD: Iraqi Oil Minister Jabar Ali al-Luaibi on Tuesday asked foreign oil companies to increase oil and...

UAE to provide Egypt central bank with 6-year, $1 bln deposit 23 Aug 2016 - 12:00 am

CAIRO: The United Arab Emirates has agreed to provide Egypt's central bank with a $1 billion deposit for a duration of six years,...

Next year to be Doha’s busiest year in hotel opening 23 Aug 2016 - 12:00 am

DOHA: The year 2017 is forecast to be Doha’s busiest year in terms of the opening of new hotels and properties. According to...

Nakilat upgrades its carriers’ satellite communications system 23 Aug 2016 - 12:00 am

DOHA: Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets...

Rolls-Royce unveils Dawn and Wraith 23 Aug 2016 - 12:00 am

DOHA: Rolls-Royce has unveiled two remarkable Bespoke motor cars, commissioned to reflect the atmosphere and vibrancy of one of the world’s most exclusive...

Oapec for more reliance on green energy 23 Aug 2016 - 12:00 am

Abbas Al Naqi, Secretary-General of Organisation of Arab Petroleum Exporting Countries (Oapec). DOHA: Abbas Al Naqi, Secretary-General of Organisation of Arab Petroleum Exporting...

Qatari SME ‘Fouj Cafe’ opens its doors at Qatar Shell 23 Aug 2016 - 12:00 am

From Left: Ibrahim Mohammed Al Emadi, CEO Fouj Café; Michael Kool, Managing Director and Chairman, Qatar Shell Companies; and Bader Al Kuwari, Business...

Qatar’s trade surplus in Q2 up by 6% to QR20.56bn 23 Aug 2016 - 12:00 am

By Mohammad Shoeb DOHA: Qatar’s trade balance (which represents the difference between total exports and imports of goods) during the second quarter of...

Qatar to benefit from oil spike in short-term 23 Aug 2016 - 12:00 am

By Satish Kanady DOHA: Even as low oil price environment continues to have material, and in some cases profound, implications for economic growth...

Pfizer says acquiring Medivation for $14 billion 22 Aug 2016 - 02:52 pm

(FILES) This file photo taken on April 26, 2016 shows the Pfizer company logo in front of Pfizer's headquarters in New York. Pfizer...

Nigeria's Buhari to ask for powers for emergency economic measures 22 Aug 2016 - 02:35 pm

ABUJA: Nigerian President Muhammadu Buhari will ask parliament for extra powers allowing him to take "emergency" decisions to revive the economy, a government ...

Egypt central bank sells 651.9 million euros in T-bills 22 Aug 2016 - 02:24 pm

CAIRO: Egypt's central bank on Monday rolled over its one-year euro-dominated treasury bills, selling 651.9 million euros ($736.39 million) worth of them at...

VW cuts 28,000 workers' hours over supply woes 22 Aug 2016 - 01:10 pm

This file photo taken on March 7, 2012 shows the back end of a Volkswagen Golf car mounted on a wall in the...

Oil down in Asia on Iraq export boost, stronger dollar 22 Aug 2016 - 10:48 am

Singapore: Oil prices eased in Asia Monday, ending a seven-day rally, following news that Iraq will boost crude exports, while the dollar strengthened...

Hospitality sector offers opportunities 22 Aug 2016 - 07:40 am

The trend is driving new levels of importance and record demand for Qatar’s largest hospitality trade exhibition, Hospitality Qatar 2016, taking place at...

Alfardan offers AC maintenance packages for BMW vehicles 22 Aug 2016 - 07:33 am

DOHA: Alfardan Automobiles, the official importer of BMW Group vehicles in Qatar, has launched new aftersales promotions to give their existing customers further...

Ooredoo in deal with MBC for exclusive content 22 Aug 2016 - 07:25 am

Waleed AL Sayed, CEO of Ooredoo Qatar, and Sam Barnett, CEO of MBC Group, and senior executives. DOHA: Ooredoo and MBC Group yesterday...

Commercial Bank announces 10 winners of ATM cashback campaign 22 Aug 2016 - 07:20 am

The winners with the Commercial Bank officials. DOHA: Qatar: Commercial Bank, Qatar’s first private bank, has announced the winners of its ATM campaign...