Business

SingTel to invest $1.8 bn in Thailand and India groups 18 Aug 2016 - 10:50 am

People look at mobile handsets at a Singtel retailer shop in Singapore February 11, 2016. (REUTERS/Edgar Su/File Photo) Singapore: Singapore Telecom said Thursday...

Turkey’s investigation into drugmaker Novartis ‘ongoing’ 18 Aug 2016 - 12:00 am

A Novartis logo is pictured on its headquarters building in Mumbai, April 1, 2013. REUTERS / Vivek Prakash Turkish health ministry official says...

Development process in Lusail expected to ramp up from 2018 18 Aug 2016 - 12:00 am

By Mohammad Shoeb DOHA: Most of the individual investors and owners of land plots in the upcoming Lusail city are moving cautiously, and...

Real estate market makes strong recovery 18 Aug 2016 - 12:00 am

DOHA: Qatar’s real estate market made a significant recovery during the second week of August, both in terms of the value of deals...

Renault Middle East appoints Marwan as MD 18 Aug 2016 - 12:00 am

Marwan Haidamous DOHA: Renault recently appointed Marwan Haidamous (pictured) as Managing Director, Renault Middle East. He succeeds Hakim Boutehra, who held the position...

Al Meera among GCC’s most valuable firms 18 Aug 2016 - 12:00 am

Dr. Mohammed Nasser Al Qahtani DOHA: Al Meera Consumer Goods Company has been named as one of five Qatari firms in Marmore Mena...

Doha Bank to open branch in Kochi 18 Aug 2016 - 12:00 am

Doha Bank’s state-of-the-art branch in Kochi. DOHA: Doha Bank is set to open its branch in Kochi, the only branch of a GCC...

Foreign investment in Qatar grows to QR525.7bn 18 Aug 2016 - 12:00 am

By Satish Kanady DOHA: The total foreign investment in Qatar has touched an estimated QR525.7bn. The country’s total inward investments increased by QR1.6bn...

Aqua Park immune to Qatar’s spending trend 18 Aug 2016 - 12:00 am

By M. V. A. Kumar DOHA: Recreation and entertainment are a sure-bet business that can survive changing consumer spending patterns. The visitor turnout...

Norway opens $1-billion credit line for Iran 17 Aug 2016 - 04:02 pm

Iran's Foreign Minister Mohammad Javad Zarif (R) shakes hands with Norway's Foreign Minister Borge Brende before a meeting on August 17, 2016 in...

Almana opens new Ford and Lincoln service centre 17 Aug 2016 - 03:59 pm

The new service centre at Industrial Area Street no. 23. DOHA: Almana Motors Company, the exclusive distributor of Ford and Lincoln in Qatar,...

Oil industry resilience depends on innovation 17 Aug 2016 - 03:51 pm

Kuwait Oil Company stand at the Abu Dhabi International Petroleum Exhibition and Conference. DOHA: The GCC petroleum industry must focus on innovation and...

Iran says new oil contracts need more amendments 16 Aug 2016 - 06:26 pm

Iran oil minister Bijan Namdar Zanganeh (Reuiters/file photo) DUBAI: Iran's new oil and gas contracts will need amendments, its oil minister said on...

Russia plans meeting with OPEC in October: ministry 16 Aug 2016 - 03:51 pm

Moscow: Russia's energy ministry on Tuesday said it was making plans for a possible meeting with the Organisation of Petroleum Exporting Countries (OPEC)...

Qatar’s inflation rate at 2.8% in July; ‘Restaurants and Hotels’ prices drop by 0.3% 16 Aug 2016 - 12:04 pm

By Mohammad Shoeb DOHA: The cost of education, recreation and culture has increased between six and seven percent from a year ago which...

Oil halts rally as market weighs chance of output freeze 16 Aug 2016 - 11:10 am

Pump jacks pump oil at an oil field Buzovyazovskoye owned by Bashneft company, north of Ufa, Bashkortostan, Russia, July 11, 2015. (REUTERS/Sergei Karpukhin/File...