Business

Commercial Bank names new CEO 04 Jul 2016 - 12:55 am

DOHA: The Board of Directors of Commercial Bank yesterday announced the appointment of Joseph Abraham as the new Chief Executive Officer. Abraham is...

Sukuk issuance remains weak despite oil drop 04 Jul 2016 - 12:54 am

By Satish Kanady DOHA: Contrary to market expectations that drop in oil prices will help pick up sukuk issuance, the first half of...

Kuwait to strengthen security at oil sites 03 Jul 2016 - 04:42 pm

(file photo / reuters) DOHA: Kuwait National Petroleum Company (KNPC) will reinforce security measures at oil installations in coordination with the country's interior...

Saudi Q1 economic growth slowest in 3 years, may near zero this year 03 Jul 2016 - 01:42 pm

King Abdullah Financial District in Saudi Arabia. (file photo / Reuters) By Andrew Torchia DUBAI: Saudi Arabia's economy expanded at its slowest rate...

Dubai Properties Group CEO AlMulla resigns 03 Jul 2016 - 11:42 am

DUBAI: Dubai Properties Group Chief Executive Abdullatif AlMulla resigned last week, two sources familiar with the matter told Reuters on Sunday. AlMulla joined...

Qatargas and RWEST in deal for LNG delivery to Europe 03 Jul 2016 - 03:59 am

Saad Sherida Al-Kaabi DOHA: Qatargas has announced a flexible Sale and Purchase Agreement (SPA) with RWE Supply & Trading (RWEST), a leading European...

Mena region to remain insulated from Brexit-induced turmoil: QNB 03 Jul 2016 - 03:53 am

DOHA: The vote in favour of Brexit has created a new headache for the global economy, but countries in the Middle East and...

QIB and MasterCard announce debit cards summer campaign 03 Jul 2016 - 03:45 am

DOHA: Qatar Islamic Bank (QIB) has partnered up with MasterCard to launch an exciting new promotion this summer. Customers who use their QIB...

Dior to gift scented roses to passengers at HIA 03 Jul 2016 - 03:40 am

DOHA: Internationally renowned luxury brand Dior, in collaboration with Qatar Duty Free (QDF), has announced plans to gift scented roses to passengers at...

Iran says has sold Poland 2 million barrels of crude oil 02 Jul 2016 - 12:16 pm

DUBAI: Poland's Grupa Lotos has bought 2 million barrels of crude from Iran in a one-off purchase, an Iranian oil official was quoted...

RWE, Qatargas sign 7.5 year deal for LNG deliveries to Europe 02 Jul 2016 - 11:59 am

BERLIN: RWE has signed a seven and a half year deal with Qatargas for liquefied natural gas (LNG) deliveries into Europe, the German...

Saudi Arabia keen to expand China energy investments 02 Jul 2016 - 10:07 am

World's top oil exporter Saudi Arabia wants to further improve partnership with its customers. RIYADH: Saudi Arabia wants to expand its investments in...

Brexit vote shakes London property market 02 Jul 2016 - 12:00 am

The shadow of the Shard is cast across the financial district of London Britain as seen from The View from The Shard in...

Tesla fatal crash is setback to autonomous cars 02 Jul 2016 - 12:00 am

This file photo taken on September 16, 2015 shows the Model S of US electric cars manufacturer Tesla Motors during a press day...

Google pays its taxes, senior Europe executive insists 02 Jul 2016 - 12:00 am

CEO Sundar Pichai delivers his keynote address during the Google IO developers conference in San Francisco on May 28, 2015. Reuters / ROBERT...

Oil prices up as global markets recover post Brexit 01 Jul 2016 - 11:06 am

Singapore: Oil prices rose in Asia on Friday as traders welcomed assurances from central bank around the world that they were ready to...

KG Group to construct residential building 01 Jul 2016 - 12:47 am

A contract signing ceremony was held between Mohammed Misnad Saad Misnad Al Misned Owner and Mohammad Idrees Anwar, CEO Al Khayarin Group for...

Qatargas to increase supply of LNG to Pakistan 01 Jul 2016 - 12:43 am

Saad Sherida Al Kaabi, Chairman of Qatargas Board of Directors DOHA: Qatargas, the world’s largest producer of Liquefied Natural Gas (LNG), yesterday announced...