Business

Procurement law to get tougher 15 Oct 2015 - 02:16 am

By Satish Kanady DOHA: Qatar is contemplating tough actions against price fixing, bid rigging and other forms of possible collusions in public tenders....

Capital flight from emerging economies to hit $540bn 15 Oct 2015 - 02:16 am

By Sidi Mohammed DOHA: The capital flight from the emerging economies to the developed countries is expected to be $540bn by this year-end....

GCC family businesses generate $100bn in annual revenue 15 Oct 2015 - 02:15 am

DOHA: GCC family businesses collectively generate $100bn in annual revenues across the region. Most of the businesses have diversified significantly within their home...

Residential rents unlikely to fall in near future 15 Oct 2015 - 02:14 am

FROM LEFT: Kennet Corbin, Head of Commercial Agency; Edd Brooks, General Manager; Johny Archer, Associate Director, Consultancy and Research; and Bashhar Bessisso, Business...

Alfardan unveils new luxury properties 15 Oct 2015 - 02:14 am

Mohamed Sleiman (left), General Manager, and Muhibullah Mani, Chief Operation Officer, Alfardan Properties, during the press conference yesterday. Abdul Basit DOHA: Alfardan Properties...

Investcorp adds $400m to US property portfolio 15 Oct 2015 - 02:11 am

DOHA: Investcorp, a leading provider and manager of alternative investment products, yesterday announced that its US-based real estate arm, through separate transactions, has...

QPMC, Village Trading Group in supply deal 15 Oct 2015 - 02:11 am

DOHA: QPMC has signed a new off-take agreement with Village Trading Group for the supply and delivery of high gabbro products with the...

QA to showcase fleet at Dubai Air Show 15 Oct 2015 - 02:09 am

DOHA: Qatar Airways will showcase four of its latest generation aircraft at the Dubai Air Show from November 8 to 12, where the...

Qatar extends its support for region’s trade issues at WTO 15 Oct 2015 - 12:51 am

H E Sheikh Ahmed bin Jassim Al Thani, Minister of Economy and Commerce, at the meeting of Arab trade ministers in Riyadh yesterday....

Bahrain's Gulf Air in final talks to buy 50 aircraft -CFO 14 Oct 2015 - 06:17 pm

By Nadia Saleem DUBAI: Bahrain's Gulf Air is in final talks to place an order for up to 50 aircraft to meet the...

Qatar Airways bags three at the Business Traveller Awards 2015 14 Oct 2015 - 03:37 pm

DOHA: Qatar Airways won a trio of awards at the 2015 Business Traveller Awards held in London at the Royal Garden Hotel on...

Siemens inks 18-year deal with Dolphin Energy for Qatar gas project 14 Oct 2015 - 03:31 pm

Siemens Industrial Trent 60 gas turbine. DOHA: Siemens has signed a long-term service contract with Dolphin Energy Limited for their Dolphin Gas Project...

Cheap oil offers no respite for rising Saudi money rates 14 Oct 2015 - 03:13 pm

By Archana Narayanan DUBAI: Saudi Arabian money rates have entered a long-term uptrend that may end only when oil prices recover, bankers say,...

Gold hits 3-1/2 month high on talk of delay to Fed rate hike 14 Oct 2015 - 02:46 pm

By Jan Harvey LONDON: Gold steadied near 3-1/2 month highs on Wednesday as concerns over deflationary pressures in China fuelled expectations the Federal...

South Korean Engineering & Construction wins 525 bn-won order from Kuwait 14 Oct 2015 - 11:02 am

SEOUL: South Korean construction firm SK Engineering & Construction Co. said Wednesday it has won a 525 billion-won ($456 million) order to build...

QIB’s 9-month profit grows by 24.8 percent to QR1.4bn 14 Oct 2015 - 12:06 am

DOHA: Qatar Islamic Bank’s (QIB) net profit attributable to the shareholders amounted to QR1.4bn for the nine-month period ending September 30, 2015, reflecting...

QPMC to focus on private sector firms 14 Oct 2015 - 12:06 am

Eisa Al Hammadi, QPMC Chief Executive Officer, at a meeting. By Sachin Kumar DOHA: Qatar Primary Materials Company (QPMC) has signed five agreements...

Qatalum takes part in ALUEXPO in Turkey 14 Oct 2015 - 12:05 am

Delegation from Qatalum at the ALUEXPO 2015 in Istanbul. DOHA: Qatalum recently participated in ALUEXPO 2015 connecting with leaders in the aluminium sector...