Business

Oil prices slide on oversupply, economic headwinds 25 Jul 2016 - 04:45 pm

(Reuters) By Ahmad Ghaddar LONDON: Oil prices fell to two and a half month lows on Monday amid worries that a global glut...

Lower oil prices hitting Abu Dhabi property market -consultants 25 Jul 2016 - 03:24 pm

(Reuters) ABU DHABI: The impact of a subdued oil market on economic growth in Abu Dhabi is showing in the emirate's real estate...

QFBA wins International Arch of Europe Award 25 Jul 2016 - 02:31 am

Officials at the award ceremony. DOHA: Qatar Finance and Business Academy (QFBA) was recently presented the 2016 International Arch of Europe Award in...

Sri Lanka’s Amana Bank partners with Al Zaman Exchange 25 Jul 2016 - 02:26 am

Hazim Hamza, Chairperson Sri Lanka Muslim Professionals’ Forum – Qatar (SLMPQ), accepting his remittance receipt from Al Zaman Exchange Doha Branch Manager Juwaiz...

Qatar’s domestic public debt falls by QR14.9bn in June 25 Jul 2016 - 02:25 am

By Satish Kanady DOHA: Qatar’s total domestic public debt fell by QR14.9bn in June to reach QR375.7bn. Qatar banks’ investments in securities outside...

GCC’s $900m LED market on track for double-digit growth 25 Jul 2016 - 02:24 am

Ahmed Pauwels, CEO of Messe Frankfurt Middle East, the organiser of Light Middle East. DOHA: Increased demand for energy efficient lighting solutions in...

GCC debt issuance picks up in first half 25 Jul 2016 - 02:23 am

By Satish Kanady DOHA: Supported by stable oil prices, a dovish Fed, and limited global volatility, GCC debt issuance picked up in the...

Domasco opens 18th retail unit at Al Meera, Jeryan Al Nejaima 25 Jul 2016 - 02:23 am

Officials at the Domasco retail unit at Al Meera in Jeryan Al Nejaima. Doha: Doha Marketing Services Company W.L.L. (Domasco) inaugurated their 18th...

Qatar’s global remittances hit $10.4bn in 2015 25 Jul 2016 - 02:18 am

By M.V.A. Kumar DOHA: Remittances from Qatar have shown strong year-on-year growth with global transfers out of the country standing at $10.4bn last...

Verizon Said to Announce $4.8 Billion Yahoo Takeover Monday 25 Jul 2016 - 12:00 am

Verizon Communications Inc. will announce its plans to buy Yahoo! Inc. for about $4.8 billion on Monday, according to a person with direct...

UK warns of Brexit 'shadow' on world economy 25 Jul 2016 - 12:00 am

Speaking on the sidelines of the G20 meeting of leading world economies in Chengdu, China, Britain's finance minister Philip Hammond told Sky that...

GWC net profit surges 15% to QR101.3m in H1 24 Jul 2016 - 01:36 am

By Satish Kanady DOHA: GWC, Qatar’s leading logistics provider, recorded a net profit of QR101.3m for the first half of 2016 (H1, 16),...

Italian banks’ NPL to impact wider economy: QNB 24 Jul 2016 - 01:35 am

DOHA: The large stock of bad loans is giving troubles to Italian banks. Non-performing loans (NPLs) amount to nearly a fifth of the...

QIC Insured introduces Insurance-on-Call service 24 Jul 2016 - 01:34 am

DOHA: QIC Insured, the retail arm of QIC — Qatar’s leading insurer just introduced a new service —Insurance-on-Call. With this unique service, customers...

IMALCO’s Summer Promotion Campaign 24 Jul 2016 - 01:33 am

IMALCO Chairman Khalifa Al Khualifi (right) hands over the key of an All-New 2016 Hyundai Tucson SUV to Adli Hussain Ali Dalool, winner...

Ezdan makes Wukair homes water efficient 24 Jul 2016 - 01:31 am

A residential complex at Wukair. By M.V.A. Kumar DOHA: Ezdan Real Estate Company, a subsidiary of Ezdan Holding Group, has successfully installed 262,000...