Business

INSHA wins Barwa’s QR99.85m Madinat Al Mawater Phase I works 13 Jul 2016 - 12:57 am

By M.V.A. Kumar DOHA: Barwa Real Estate yesterday announced that the QR99.85m construction contracts for Phase I of Madinat Al Mawater project had...

Qatar Airways to acquire up to 10% of LATAM Airlines 13 Jul 2016 - 12:51 am

By Mohammad Shoeb DOHA: Qatar Airways and Latin America’s leading airline group, LATAM Airlines Group S.A., have entered into a subscription agreement providing...

UK leadership change raises risk of looser fiscal stance: Moody’s 13 Jul 2016 - 12:00 am

LONDON: Ratings agency Moody’s Investors Service welcomed the faster-than-anticipated change in leadership of Britain’s government but said it also increased the risk of...

Jin Jiang doesn't check into AccorHotels board 13 Jul 2016 - 12:00 am

A picture taken at AccorHotels headquarters in Issy-les-Moulineaux, near Paris on July 12, 2016 shows the logo of the French hotel operator. AFP...

Airbus slows production of A380 13 Jul 2016 - 12:00 am

London: Airbus announced Tuesday that it was halving production of its A380 superjumbo aircraft to one a month from 2018 to reflect reduced...

Magic Leap ramps up production for new type of virtual reality 13 Jul 2016 - 12:00 am

Still from a Magic Leap demo video ASPEN, Colo.: Magic Leap, a startup backed by technology powerhouses including Google and Alibaba that has...

India's Go Air inks preliminary $7.7bn Airbus jet deal 12 Jul 2016 - 05:29 pm

(File Photo: Reuters) Farnborough, United Kingdom: Indian low-cost airline Go Air signalled Tuesday its intention to buy 72 Airbus A320neos worth $7.7 billion...

Singapore is safest country to do business: New Pinkerton index 12 Jul 2016 - 05:04 pm

According to a new report Singapore is the safest nation to do business. (Photo: Reuters) By Nick Carey CHICAGO: Singapore is the safest...

Porsche enjoys a successful first half of 2016; China tops 12 Jul 2016 - 04:21 pm

Detlev von Platen, Member of the Executive Board, Sales and Marketing Dubai: With 117,963 new vehicle deliveries worldwide, Dr. Ing. h.c. F. Porsche...

Qatar Airways to acquire 10 percent stake in LATAM Airlines 12 Jul 2016 - 03:27 pm

Doha: Qatar Airways and LATAM Airlines Group, Latin America's leading airline group, on Tuesday announced they have entered into a subscription agreement providing...

OPEC sees tighter 2017 oil market, Brexit drag on economy 12 Jul 2016 - 03:19 pm

LONDON: OPEC on Tuesday was upbeat on the oil market outlook for 2017, saying global demand for its crude would be higher than...

Qatar Airways looks at up to 30 Boeing 737s in place of A320neos 12 Jul 2016 - 11:17 am

Chief Executive Officer of Qatar Airways, Akbar Al Baker speaks at a press conference on the opening day of the Farnborough Airshow, south...

Gulf Craft delivers 6th Majesty 135 12 Jul 2016 - 01:08 am

DOHA: Gulf Craft, one of the world’s leading innovative builders of luxury yachts and leisure boats, has delivered another one of the shipyard’s...

Networking key to success for Middle East professionals 12 Jul 2016 - 01:06 am

DOHA: Some 95 percent of the professionals surveyed in the Middle East North Africa (Mena) region, including Qatar, think that networking and maintaining...

QE stocks gain as trading resumes 12 Jul 2016 - 01:04 am

DOHA: Qatar stocks gained yesterday as trading resumed after the Eid al Fitr holidays. The benchmark index surged 141.26 points, or 1.42 percent,...

Qatar Airways operating profit jumps to QR3bn 12 Jul 2016 - 12:59 am

Qatar Airways Group Chief Executive Akbar Al Baker (second right) and Gulfstream Aerospace President Mark Burns (second left) at a press conference on...

Oil prices fall on worries about oversupply 12 Jul 2016 - 12:00 am

New York: Oil prices fell on Monday as worries about global oversupply return to the fore and the dollar strengthened, making greenback-denominated crude...

Qatar Airways 2015-16 net profit jumps 328 percent 11 Jul 2016 - 03:31 pm

DOHA: Qatar Airways Group, the parent company of the Doha-based airline, reported a 328 percent jump in net profits at its airline operations...