Business

QFB’s first half revenue surges by 46% to QR353m 28 Jul 2016 - 12:00 am

Qatar First Bank QFB Chairman Abdulla bin Fahad bin Ghorab AlMarri By Satish Kanady DOHA: Qatar First Bank (QFB), a leading Shari’ah compliant...

Oriental Trading Co, Husqvarna sign distribution agreement 28 Jul 2016 - 12:00 am

Officials of Oriental Trading Co and Husqvarna at the distribution agreement signing event. Doha: Oriental Trading Co. has recently signed a distribution agreement...

Ooredoo’s business desks see strong demand 28 Jul 2016 - 12:00 am

A customer at a business kiosk in an Ooredoo shop. DOHA: Six months after their launch, Ooredoo’s business desks are receiving thousands of...

Harman House unveils latest wireless speaker 28 Jul 2016 - 12:00 am

DOHA: Harman House has launched Harman Kardon GO + Play, a wireless speaker designed for the discerning listener, who demands the ultimate in...

Quarterly profits fall at UAE banks NBAD and FGB as bad loans weigh 27 Jul 2016 - 05:48 pm

A man walks into a branch of First Gulf Bank along Khalid Bin Al-Waleed Road in Dubai January 4, 2012. (REUTERS/NIKHIL MONTEIRO) By...

UAE Etisalat telecoms profit surge 51% in Q2 27 Jul 2016 - 05:15 pm

Customers wait inside an Etisalat store at a shopping mall in Dubai. (Reuters) Abu Dhabi: UAE telecoms giant Etisalat announced Wednesday net profits...

British economy picked up speed in second quarter ahead of Brexit vote 27 Jul 2016 - 12:35 pm

A row of houses are seen in London, Britain June 3, 2015. (REUTERS/Suzanne Plunkett/File Photo) By Andy Bruce and Ana Nicolaci da Costa...

Apple quarterly profit slides 27 pct to $7.8 bn 27 Jul 2016 - 12:09 am

The new iPhone SE is displayed during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino California. Justin...

Twitter dives after update disappoints 27 Jul 2016 - 12:08 am

San Francisco:Twitter shares took a fresh hit Tuesday after its quarter update showing more losses, and sluggish growth in revenues and the user...

QIB names ‘boost your salary’ winners 27 Jul 2016 - 12:00 am

DOHA: Qatar Islamic Bank (QIB) has announced names of the winners of its second round of “Boost Your Salary” summer finance campaign. As...

Deloitte is best continuity and resilience provider 27 Jul 2016 - 12:00 am

DOHA: Deloitte was presented the Continuity and Resilience Provider (Product or Service) award by the Business Continuity Institute (BCI) in the Middle East...

Siemens delivers first Saudi made gas turbines 27 Jul 2016 - 12:00 am

By Mohammad Shoeb DOHA: German engineering giant Siemens yesterday announced to have shipped its first “Made in KSA” (Kingdom of Saudi Arabia) gas...

Telecom market revenues break QR10bn-mark 27 Jul 2016 - 12:00 am

By Mohammad Shoeb DOHA: Despite economic slowdown and dwindling energy prices, the combined revenues of Qatar’s telecom sector crossed over the QR10bn-mark in...

Ooredoo posts QR16bn revenue, profit jumps 46% 27 Jul 2016 - 12:00 am

By Satish Kanady DOHA: Telecom major Ooredoo Group recorded a consolidated revenue of QR16bn for the first half of 2016 (H1, 16). The...

BP pursues new projects despite $1.4bn loss in second quarter 27 Jul 2016 - 12:00 am

LONDON: BP will forge ahead with at least three more new projects this year, its CEO said, despite the British oil major reporting...

Vodafone shows improvement signs in Q1 27 Jul 2016 - 12:00 am

By M.V.A. Kumar DOHA: Vodafone Qatar registered a 2.6 percent increase in the number of mobile customers to 1,458,000, during the first quarter...

DIC financial outlook stable: S&P 27 Jul 2016 - 12:00 am

DOHA: Global ratings agency Standard & Poor’s has reaffirmed the financial strength of Doha Insurance Company (DIC) with stable outlook at (A-). At...

Elhedery is HSBC’s CEO for Mena region 27 Jul 2016 - 12:00 am

DOHA: Georges Elhedery (pictured) has been appointed Chief Executive Officer for HSBC’s Middle East and North Africa (Mena) region and will join the...