Business

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...

Kahramaa's profit for first six months reach QR737m 13 Jul 2015 - 04:23 pm

DOHA: Qatar Electricity and Water Company (Kahramaa) announced today its half-yearly results, which saw net profit rise to QR737m ($202.39m), witnessing 2.9 percent...

Qatar stock index adds 42.40 points 13 Jul 2015 - 04:12 pm

DOHA: Qatar Stock Exchange (QSE) index added 42.40 points, or 0.36 percent when the bourse closed Monday at 11,938.42 points. The market capitalisation...

ECB seen holding emergency funding for Greek lenders stable - sources 13 Jul 2015 - 03:58 pm

FRANKFURT: The European Central Bank is seen holding Emergency Liquidity Assistance (ELA) steady to Greek banks when its Governing Council of policy-setters talk...

Greece seals new bailout deal to avoid euro exit 13 Jul 2015 - 10:37 am

European Commission President Jean-Claude Juncke (L)r, EU council President Donald Tusk (R) and President of Eurogroup Jeroen Dijsselbloem (R) give final press conference...

Salini signs $337m contract with Ashghal 13 Jul 2015 - 01:43 am

By Satish Kanady DOHA: Italian construction major Salini Impregilo has further reinforced its presence in Qatar by clinching yet another deal. The global...

Finance Minister visits QFC 13 Jul 2015 - 01:41 am

Qatar’s Minister of Finance and Chairman of Qatar Financial Centre H E Ali Sherif Al Emadi with QFC officials during a visit to...

Nakilat signs MoU with QDB 13 Jul 2015 - 01:40 am

Officials from Qatar Development Bank and Nakilat during the MoU signing ceremony. DOHA: Nakilat has signed a memorandum of understanding (MoU) with Qatar...

Barwa Real Estate, IBQ in QR640m deal 13 Jul 2015 - 01:39 am

DOHA: Barwa Real Estate Group announced signing a Sharia-compliant financing contract worth $175m (QR640m) with the International Bank of Qatar (IBQ). The deal...

Institute of Internal Auditors Qatar chapter receives honour 13 Jul 2015 - 01:31 am

Institute of Internal Auditors officials during a meeting. Doha: The Institute of Internal Auditors Qatar Chapter was recognised for demonstrating a passion for...

Tendel Gulf signs deal with products firm 13 Jul 2015 - 01:30 am

Doha: Tendel Gulf Group recently signing its first contract with Qatar for marketing and distribution of chemicals and petrochemicals products. Mohammad Sa’adeh, Group...

Kneisser and Patrol shine in European Baja debut 13 Jul 2015 - 01:29 am

Doha: Nissan rallying ace Emil Kneisser has started his first European campaign in fine style with a podium finish in the gruelling Italian...