Business

Starbucks, Fiat ordered to pay huge EU back taxes 21 Oct 2015 - 02:32 pm

European commissioner for competition Margrethe Vestager holds a press conference on the EU decision to set out a template for recovering unpaid taxes...

Abu Dhabi's tax-free financial zone says open for business 21 Oct 2015 - 12:18 pm

By Stanley Carvalho ABU DHABI: The Middle East's newest financial centre opened for business on Wednesday as the Abu Dhabi Global Market (ADGM)...

QIB completes successful issuance of $750m Sukuk 21 Oct 2015 - 11:45 am

Doha: Qatar Islamic Bank priced a highly successful USD 750 million 5-year RegS only Sukuk offering. The Sukuk was issued at par with...

Gulf should adjust to new oil price 'reality': IMF 21 Oct 2015 - 10:04 am

Dubai: Gulf economies need to adjust to the "new reality" of oil prices expected to remain low for some time, the International Monetary...

Ferrari prices IPO at $52/share, top of range: source 21 Oct 2015 - 09:31 am

New York: Ferrari, the inimitable Italian luxury sports car maker, earned a strong $52-a-share price Tuesday for its initial public offering in New...

QIIB’s Q3 net profit up 5.1pc to touch QR657m 21 Oct 2015 - 02:44 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani (above), QIIB Chairman and Managing Director, and QIIB CEO Abdulbasit Ahmed Al Shaibei. DOHA:...

QIB announces partnership with Qatar Building Company 21 Oct 2015 - 02:44 am

Tarek Fawzi, General Manager of Wholesale Banking, QIB, and Bader Mostafawi, Group Commercial Manager of the Qatar Building Company, with senior representatives of...

EMs to see $500bn capital drain 21 Oct 2015 - 02:42 am

Moritz Kraemer (above), MD and CRO, Sovereign Ratings, S&P, and Ali Ahmed Al Kuwari, Group CEO, QNB, at the Annual Meeting of the...

Service sector in Qatar offers opportunity for SMEs: ITC chief 21 Oct 2015 - 02:41 am

QDB CEO Abdulaziz bin Nasser Al Khalifa and ITC Executive Director Arancha Gonzalez (right) at the WEDF 2015 in Doha yesterday. Kammutty VP...

QNB, Ooredoo launch Mobile Money Payroll 21 Oct 2015 - 02:40 am

DOHA: QNB and Ooredoo yesterday announced launch of a salary deposit service for employees of companies operating in Qatar through “Mobile Money Payroll”....

Award for SAK Holding 21 Oct 2015 - 02:40 am

SAK Holding Group Deputy CEO Abdul Rahman Al Najjar and SAK Holding Group managers with the construction innovation award 2015, instituted by BNC...

Qatar Airways to roll out New Distribution Capability 21 Oct 2015 - 02:39 am

Qatar Airways Group Chief Executive Akbar Al Baker (left) interviewed live on stage by BBC’s Rajan Datar. DOHA: Qatar Airways will shortly roll...

Dolphin Energy goes for management changes 21 Oct 2015 - 02:38 am

Doha: Dolphin Energy Limited announced changes to the senior management team in Qatar. Hassan Al Emadi (pictured) has been appointed General Manager –...

Nakilat-Keppel Offshore & Marine wins award 21 Oct 2015 - 02:36 am

DOHA: Nakilat’s ship repair joint venture Nakilat-Keppel Offshore & Marine (N-KOM)has won the Ship Repair Innovation Award at the Seatrade Maritime Awards Middle...

Qatar to deepen capital market 21 Oct 2015 - 02:06 am

H E Sheikh Ahmed bin Jassim Al Thani (centre), Minister of Economy and Commerce, Juan Pablo Cordoba (left), CEO, Bosla de Valores de...

Tougher times ahead for Islamic finance as core markets slow 20 Oct 2015 - 06:31 pm

A customer walks towards a branch of the DBS bank in Singapore By Bernardo Vizcaino A decision by DBS Bank to wind down...

International trade center chief lauds Qatar as model for free economy 20 Oct 2015 - 06:28 pm

Doha: International Trade Center (ITC) Executive Director Arancha Gonzalez has hailed Qatar as a model for free economy that is linked to innovation...