Business

Ezdan Hotels occupancy rate rises by 10 percent 15 Jul 2015 - 02:12 am

DOHA: Ezdan Hotels, Ezdan Holding Group’s subsidiarysaid that the occupancy rate at Ezdan Hotels and Suites has increased by 10 percent during the...

Doha Bank posts first half net profit of QR801m 15 Jul 2015 - 02:12 am

DOHA: Doha Bank posted QR801m net profit for the first half of 2015 (H1, 15) as compared to QR787m for the same period...

Masraf Al Rayan registers QR998m H1 net profit 15 Jul 2015 - 02:11 am

DOHA: Masraf Al Rayan has posted a net profit of QR998m during the first half of 2015, an increase of 10.46 percent compared...

Milaha CEO to retire in Sept 15 Jul 2015 - 02:07 am

DOHA: Milaha, a Qatar-based marine transport and logistics company, announced that its President and CEO, Khalifa Ali Al Hetmi, will retire in September,...

Greece needs debt relief far beyond eurozone plans: Secret IMF report 15 Jul 2015 - 01:58 am

A man looks at a book in a junk shop on a street in the market of Monastiraki in downtown Athens yesterday. European...

Peugeot plans expanded Iran venture 15 Jul 2015 - 01:56 am

PARIS: PSA Peugeot Citroen is in advanced talks over an Iranian carmaking venture with historic partner Iran Khodro and expects rapid progress following...

CBQ’s net profit for Q2 up 17.3 percent to QR589m 14 Jul 2015 - 05:26 pm

DOHA: Commercial Bank of Qatar (CBQ) and its subsidiaries have posted a net profit of QR589m ($161.75m) for the second quarter (Q2) period...

Qatar stock index gains 26.03 points 14 Jul 2015 - 05:06 pm

DOHA: Qatar Stock Exchange (QSE) index added 26.03 points (0.22 percent) when the bourse closed Tuesday at 11,964.45 points. The market capitalisation increased...

Nakilat H1 profit up 10 percent to QR490.2m 14 Jul 2015 - 04:47 pm

DOHA: Qatar Gas Transport Company (Nakilat) today reported 10 percent growth in its net profit to QR490.2m ($134.6m) for the first half period...

Iran to have access to over $100bn frozen assets once deal implemented 14 Jul 2015 - 04:40 pm

VIENNA: Iran would get access to more than $100 billion in frozen assets when the Iran nuclear agreement is implemented, which depends on...

QIC Group posts 19pc growth in GWP in Q2 14 Jul 2015 - 10:30 am

Officials at the meeting. DOHA: Qatar’s leading insurer Qatar Insurance Company (QIC) has posted an impressive gross written premium (GWP) of QR3.81bn in...

Walmart takes on Amazon’s ‘Prime Day’ with online sale 14 Jul 2015 - 10:29 am

New York: Walmart Stores Inc will launch a three-month online sale tomorrow to take on Amazon.com Inc’s “Prime Day”, a highly publicised shopping...

Greek deal lifts equities 14 Jul 2015 - 10:28 am

NEW YORK: World equity prices climbed yesterday as investors welcomed a conditional agreement to open talks aimed at keeping Greece afloat with a...

China trade slumps in first half of year 14 Jul 2015 - 10:21 am

Beijing: China’s total trade slumped in the first half of this year, official data showed yesterday, falling well short of the government’s targets...

Beema’s first half net profit touches QR32m 14 Jul 2015 - 10:17 am

DOHA: Damaan Islamic Insurance Company (Beema) has recorded a net profit of QR32m for the first half of 2015 (H1, 2015). The results...

Qatargas and ConocoPhillips sign incident assistance deal 14 Jul 2015 - 03:35 am

Officials after the signing of the deal. DOHA: Qatargas and ConocoPhillips have signed an Incident Assistance Agreement that will further enhance the Qatargas...

QIA, CapitaLand in JV to set up $600m fund 14 Jul 2015 - 03:34 am

By Satish Kanady DOHA: Qatar Investment Authority (QIA) has entered into a joint venture with Singapore’s CapitaLand Limited’s wholly-owned subsidiary Ascott Serviced Residence(Global)...

GM to recall 155,000 vehicles in India to fix wiring trouble 13 Jul 2015 - 06:01 pm

Employees work on a Chevrolet Beat car on an assembly line at the General Motors plant in Talegaon. NEW DELHI: General Motors Co...