Business

Muhannad named Ibq deputy CEO 08 Jul 2015 - 11:00 am

Doha: International Bank of Qatar (ibq) has announced the appointment of Muhannad Kamal (pictured) as Deputy Chief Executive Officer, effective July 2015. Prior...

Qatari bourse index loses 30.57 points 08 Jul 2015 - 10:58 am

Doha: Qatar Exchange index dropped 30.57 points, or 0.26 percent to settle at 11,936.13 points yesterday. The market capitalisation decreased to QR635.11bn from...

China stocks fall again despite support 08 Jul 2015 - 10:57 am

An investor reacts in front of a screen showing stock market movements in Hangzhou, eastern China’s Zhejiang province, yesterday. SHANGHAI: Chinese stocks fell...

Qatar Cool wins Total Space Award 08 Jul 2015 - 10:56 am

Mohannad Khader (right) receives the award. Doha: Qatar District Cooling Company (Qatar Cool) was recently announced the winner of the ‘2014 Space Award...

Qatar banks’ outlook stable 08 Jul 2015 - 01:53 am

DOHA: Robust government spending will enable Qatari banks to maintain their strong financial metrics, including strong earnings, sound capital buffers and low levels...

Real estate sales during last week reach QR 3.4bn 07 Jul 2015 - 05:04 pm

DOHA: Combined value of total real estate transactions registered with the Land Registry Department of the Ministry of Justice from June 28 to...

Western Union restarts money transfer service in Greece 07 Jul 2015 - 04:51 pm

Western Union Co said it restarted its money transfer service in Greece, allowing customers in the country to receive funds from overseas. The...

Greece faces last chance 07 Jul 2015 - 04:00 pm

Outgoing Finance Minister Yanis Varoufakis (R) shows newly-appointed Finance Minister Euclid Tsakalotos his chair at the Finance Ministry before a handover ceremony in...

Qatar stock index drops 41.31 points 06 Jul 2015 - 04:30 pm

DOHA: Qatar Stock Exchange (QSE) index dropped 41.31 points, 0.34 percent, when the bourse closed trading Monday at 11,966.7 points. The market capitalization...

Spain says euro irreversible, Greece should remain part of it 06 Jul 2015 - 01:51 pm

Spain's Economy Minister Luis de Guindos arrives for a news conference at the economy ministry in Madrid, Spain, July 6, 2015. MADRID: Spain's...

Greek minister says Europe won't let Athens go under 04 Jul 2015 - 05:50 pm

Referendum campaign posters that reads 'No' (R) and 'Yes' (L) in Greek are seen on a bus stop in Athens, Greece, July 4,...

Ministry of Economy recalls Toyota Avalon models 2009-2012 04 Jul 2015 - 05:22 pm

DOHA: The Ministry of Economy and Commerce announced on Saturday it has recalled Toyota Avalon models from 2009 to 2012 due to a...

Toshiba accounting errors may be over $800m - source 04 Jul 2015 - 03:22 pm

Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo, Japan, June 25, 2015. TOKYO: Japan's Toshiba Corp may...

Japan pledges $6 billion to Mekong nations as china prepares new bank 04 Jul 2015 - 01:36 pm

(L-R) Cambodia's Prime Minister Hun Sen, Laos' Prime Minister Thongsing Thammavong, Japan's Prime Minister Shinzo Abe, Myanmar President Thein Sein, Thailand's Prime Minister...

China brokerages pledge to buy at least $19.3 billion in shares to stabilize market 04 Jul 2015 - 01:12 pm

An investor walks past as information displayed on an electronic screen at a brokerage house in Shanghai, China, July 3, 2015. BEIJING: China's...

Milaha acquires 100pc controls in two liquefied gas carriers 04 Jul 2015 - 02:01 am

A view of the liquefied natural gas carrier Milaha Qatar. Doha: Milaha announced that its wholly owned subsidiary, Qatar Shipping Company, acquired the...

IMF warns of huge financial hole as Greek vote looms 03 Jul 2015 - 01:36 am

IMF Managing Director Christine Lagarde returns to her office after an interview at IMF headquarters in Washington. ATHENS/WASHINGTON: The International Monetary Fund delivered...

‘Every day is Sunday’ for Greek businesses hit by bank shutdown 03 Jul 2015 - 01:35 am

Pensioners wait outside a bank branch in Thessaloniki yesterday, as banks only opened to allow pensioners without bank cards to withdraw €120 ($133)...