Business

BMW powers through second quarter towards record year 02 Aug 2016 - 11:30 am

BMW presents the 'Vision Next 100' concept car during centenary celebrations at the Olympic Hall in Munich, southern Germany March 7, 2016. (REUTERS/Michael...

Qatar Cement, Samba in $100m deal 02 Aug 2016 - 12:00 am

By Satish Kanady DOHA: Qatar National Cement Company (QNCC) has signed a financing deal with Saudi’s Samba Financial Group (Samba) for $100m. The...

QIIB completes issuance of QR1bn Sukuk 02 Aug 2016 - 12:00 am

By Mohammad Shoeb DOHA: QIIB has successfully completed the issuance of QR1bn Sukuk, the Bank said in a statement to Qatar Exchange. The...

Qatar’s real estate price index witnesses steady decline in Q2 02 Aug 2016 - 12:00 am

By Mohammad Shoeb DOHA: Qatar’s real estate prices have witnessed a steady decline during the second quarter of 2016 compared to the previous...

Qatar Airways increases stake in International Airlines Group to 20% 02 Aug 2016 - 12:00 am

DOHA: Qatar Airways recently announced that it has increased its shareholding in International Airlines Group (IAG) from 15.67 percent to 20.01 percent, while...

Joyalukkas opens world-class showroom in Telengana 02 Aug 2016 - 12:00 am

Telengana Home Minister Nayani Narasimha Reddy inaugurating the new showroom in Punjagutta. DOHA: Joyalukkas Group, the multi-billion-dollar conglomerate, yesterday opened its new world-class...

GOIC, UAE team explore investment opportunities 02 Aug 2016 - 12:00 am

The UAE delegation along with GOIC officials at the event. DOHA: The Doha-headquartered Gulf Organisation for Industrial Consulting (GOIC) discussed industrial investment opportunities...

QIB allows use of debit cards to purchase online 02 Aug 2016 - 12:00 am

DOHA: Qatar Islamic Bank (QIB) debit cardholders can now use their debit cards along with their credit cards to make secure online purchases...

Ras al-Khaimah accuses businessman of embezzling $1.5 billion 01 Aug 2016 - 05:21 pm

DUBAI, United Arab Emirates: Ras al-Khaimah, part of United Arab Emirates, on Monday accused a businessman who once had ties to its ruler...

Oil falls as oversupply weighs 01 Aug 2016 - 03:57 pm

A view of Mexico's national oil company Pemex's refinery in Cadereyta, Nuevo Leon state, Mexico July 31, 2016. (REUTERS/Daniel Becerril) By Nina Chestney...

After bruising China battle, Uber cedes to rival Didi 01 Aug 2016 - 03:44 pm

A taxi passes by an Uber station outside a shopping mall in Beijing on August 1, 2016.(AFP) By Heather Somerville and Denny Thomas...

Iran says crude market oversupplied, balance to be restored 01 Aug 2016 - 12:14 pm

(File Photo / Reuters) By Parisa Hafezi ANKARA: Iran’s Oil Minister said on Monday the oil market was oversupplied but predicted balance between...

Uber China to merge with local rival Didi to create $35 billion company 01 Aug 2016 - 11:43 am

A mascot of Didi Chuxing is seen at the company's headquarters in Beijing, China, May 18, 2016. (REUTERS/Kim Kyung-Hoon/File Photo) By Eric Newcomer...

Qatar Airways lifts stake in BA-owner IAG to 20% 01 Aug 2016 - 10:30 am

(Photo: Qatar Airways) By Sarah Young LONDON: Qatar Airways lifted its stake in British Airways-owner IAG by about 4.34 percent to 20 percent...

E-Commerce companies bullish on Qatari market 01 Aug 2016 - 01:39 am

Wassim Drira, CEO and co-founder of QatarBestDeals.com (centre), with the other co-founders Mariem Jabloun (left) and Aiman Erbad. By M.V.A. Kumar Doha: E-Commerce...

ARACO bags Dealer of the Year 2015 award 01 Aug 2016 - 01:33 am

Doha: Powerscreen, one of the world’s leading providers of mobile crushing and screening equipment, has awarded ARACO its highly-prestigious worldwide Dealer of the...

Ooredoo launches Cisco-powered advanced conferencing solution 01 Aug 2016 - 01:32 am

DOHA: Ooredoo has launched Ooredoo Conferencing, an advanced solution that provides a complete set of communication and collaboration tools for SME and Enterprise...