Business

Low-energy architecture to get a major fillip in region 20 Jul 2016 - 01:42 am

By M.V.A. Kumar DOHA: There will be an increasing pressure on Qatar and other GCC countries, to focus on new low-energy architecture over...

QIIB’s total assets grow by 9.8% to QR42.3bn 20 Jul 2016 - 01:34 am

QIIB Chairman and Managing Director Sheikh Dr Khalid bin Thani bin Abdullah Al Thani By Satish Kanady DOHA: QIIB, one of the leading...

Netflix plan to conquer world stumbles, for now 20 Jul 2016 - 12:00 am

The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake San Francisco: The plan by Netflix...

Microsoft returns to profit one year after big loss 20 Jul 2016 - 12:00 am

Microsoft CEO Satya Nadella delivers the keynote address during the 2016 Microsoft Build Developer Conference on March 30, 2016 in San Francisco. AFP...

EU Commission sees possible UK recession next year after Brexit 19 Jul 2016 - 04:07 pm

BRUSSELS: Britain’s economy may slip into recession next year following the vote to quit the European Union, the European Commission estimated on Tuesday...

Asia embraces bullet trains as Singapore, Malaysia sign deal 19 Jul 2016 - 12:45 pm

Malaysia's Prime Minister Najib Razak (R) speaks as Singapore's Prime Minister Lee Hsien Loong (L) looks on during a joint press conference after...

Rolls-Royce Wraith ‘inspired by music’ arrives in Qatar 19 Jul 2016 - 12:54 am

Musicians play instruments as Rolls-Royce Motor Cars Doha launches Wraith in Doha. DOHA: Rolls-Royce Motor Cars Doha, the sole authorised dealer of Rolls-Royce...

Apicorp, Bahri launch $1.5bn shipping fund 19 Jul 2016 - 12:52 am

Officials at the fund launch event in Riyadh. By Satish Kanady DOHA: The Arab Petroleum Investments Corporation (Apicorp) and The National Shipping Company...

Qatar’s banking system is stable despite funding pressures: Moody’s 19 Jul 2016 - 12:47 am

By Satish Kanady DOHA: Despite the economic slowdown, driven by low oil prices, Qatar’s banking system is stable, unchanged since 2010. This resilience...

UDC posts QR353m H1 net profit 19 Jul 2016 - 12:42 am

UDC Chairman Turki Al Khater, (left) and President & Chief Executive Officer Ibrahim Al Othman. By Satish Kanady DOHA: United Development Company (UDC),...

Masraf Al Rayan Q2 net profit up 5.3% 19 Jul 2016 - 12:42 am

DOHA: Masraf Al Rayan has recorded a net profit of QR1.05bn for the first half of 2016, up 5.3 percent from a year...

Industries Qatar lifts Qatari stocks 19 Jul 2016 - 12:40 am

DOHA: Qatar’s stock market surged 1.6 percent to 10,585 points with all sectors ending in green, yesterday. Industrial and insurance stocks were the...

Pokemon GO success calls for change at Nintendo 19 Jul 2016 - 12:38 am

Gamers use the Pokemon Go application on their mobiles in Beirut yesterday. By Makiko Yamazaki and Jeremy Wagstaff The phenomenal success of Pokemon...

Japan-based loan adds to Qatar banks’ foreign borrowing spree 19 Jul 2016 - 12:23 am

Commercial Bank of Qatar gets $166 mln Japanese-led loan Follows big Taiwan bond issue by Qatar National Bank Net foreign liabilities of banking...

SoftBank to buy Britain’s chip designer ARM in $32bn cash deal 19 Jul 2016 - 12:20 am

SoftBank CEO Masayoshi Son (left) and ARM Holdings Chairman Stuart Chambers coming out of 11 Downing Street in London yesterday, after a meeting...

Brexit spurs London start-ups to investigate Berlin move 18 Jul 2016 - 06:39 pm

Berlin to open fintech office in London in September Businesses attracted by access to single market -Berlin Partner London authority says will fight...

Turkey calms rattled markets but post-coup fears remain 18 Jul 2016 - 06:33 pm

Turkish police officers line up during a funeral ceremony for killed police officers in Ankara, Turkey, July 18, 2016. REUTERS/Osman Orsal Ankara: Turkey...

Qatar Islamic Bank Q2 net profit rises 13.7 pct, beats forecasts 18 Jul 2016 - 03:47 pm

By Mohammad Shoeb DOHA: Qatar Islamic Bank (QIB), the leading provider of Shariah-compliant banking services in the country, has posted a net profit...