Business

QNB raises QR10bn to boost capital position 13 Jun 2016 - 12:52 am

DOHA: QNB announced yesterday that it has successfully raised QR10bn in Additional Tier 1 Perpetual Capital Notes by way of private placement, to...

Dubai’s Meydan raises 1 bln dirhams Islamic financing 13 Jun 2016 - 12:00 am

Meydan, a major developer of hospitality and entertainment facilities in Dubai, including the Meydan Racecourse, said it had raised 700 million dirhams through...

Insight: How Yemen's wartime central bank keeps country afloat 12 Jun 2016 - 09:00 am

People stand next to food aid they received from a local charity in Sanaa, Yemen, June 5, 2016. REUTERS/KHALED ABDULLAH By Noah Browning...

Gulf may pull back after retreats in oil, global stocks 12 Jun 2016 - 08:40 am

DUBAI: Bourses in the Gulf may fall on Sunday as investors book profits following a retreat in oil prices and a pull-back by...

Embassy Group launches Embassy Springs 12 Jun 2016 - 12:58 am

Jitu Virwani (centre) with Reeza Sebastian (right) and Mike Holland, CEO of Embassy Office Parks, at the launch event in Bengaluru. By Satish...

QSTec wins Best GCC Integrated Solar Company award at LSE 12 Jun 2016 - 12:54 am

Dr Khalid Klefeekh Al Hajri (right), Chairman and CEO, QSTec, receiving the award. DOHA: Qatar Solar Technologies (QSTec) has won the Best GCC...

New Porsche 718 Boxster arrives 12 Jun 2016 - 12:53 am

Doha: Merging tradition and visionary technology, the new Porsche 718 Boxster has arrived in Qatar, following a comprehensive redevelopment of the mid-engine roadster...

Mall of Joy opens in Kerala’s Kottayam 12 Jun 2016 - 12:51 am

The Mall of Joy in Kottayam was inaugurated by Mary Antony & Elsa Joy in the presence of dignitaries. Kottayam: More than 2,00,000...

QMMC wins ISO certification 12 Jun 2016 - 12:50 am

Sheikh Faisal bin Qassim Thani Al Thani (centre) receiving the certificate. DOHA: Qatari Modern Maintenance Co (QMMC) yesterday announced that it is one...

QIB named ‘Islamic Bank of Year’ in Qatar and Mideast 12 Jun 2016 - 12:49 am

DOHA: For the second year in a row The Banker, the world’s longest-running international banking title and the leading monthly title of the...

After hit to sterling, poll shows Britons back EU membership 12 Jun 2016 - 12:00 am

Opinium poll gives “Remain” camp 2-point lead. ORB poll gave “Leave” camp 10-point lead. Bookmakers’ odds on Brexit narrow. Sterling fell as much...

Embassy Group announces launch of Embassy Springs-Bengaluru’s largest integrated masterplanned city 11 Jun 2016 - 04:28 pm

CAP: Jitu Virwani (centre) with Reeza Sebastian (right) and Mike Holland, CEO of Embassy Office Parks, at the launch event in Bengaluru. By...

Swiss bankers expect influx of funds in case of Brexit 11 Jun 2016 - 12:00 am

Geneva: Swiss wealth managers said Friday they would expect an influx of funds from skittish international investors if British voters choose to leave...

Brexit would shut UK out of EU trade zone: Schaeuble 11 Jun 2016 - 12:00 am

German Finance Minister Wolfgang Schaeuble speaks during a news conference at the 2016 World Bank-IMF Spring Meeting in Washington April 16, 2016. Reuters/Joshua...

Minister meets Netherlands Ambassador 10 Jun 2016 - 12:07 am

Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti met yesterday with the Netherlands Ambassador to Qatar Yvette Burghgraef -...

Family businesses to benefit from FBCG code 10 Jun 2016 - 12:05 am

FBCG Chairman Abdulaziz Abdullah Al Ghurair By Mohammad Shoeb DOHA: The family-owned businesses from GCC and the Middle East countries, that are facing...

Ooredoo announces plans to issue bonds worth $5bn 10 Jun 2016 - 12:03 am

DOHA: Ooredoo International Finance Limited (the Issuer), a wholly -owned subsidiary of Ooredoo, has announced to issue new bonds worth about QR18.2bn ($5bn)....

Hilton Doha’s restaurant turns into stadium 10 Jun 2016 - 12:01 am

The interior of the Trader Vic’s getting ready for the season. DOHA: Trader Vic’s, Doha’s premiere Polynesian restaurant located at Hilton Doha, transforms...