Business

Qatar bourse index falls by 116.51 points; Gulf markets dip 16 Mar 2015 - 03:44 am

Doha: Qatar Exchange index dropped 116.51 points or 0.96 percent when it closed at 11,964.15 points here yesterday. The traded value decreased to...

QE listed firms report QR45.6bn net profit in 2014 16 Mar 2015 - 03:24 am

Doha: All listed companies at Qatar Exchange (QSE) with the exception of Vodafone have disclosed their financial statements results for the year ended...

MAN Truck & Bus sales increase by 50pc in Qatar 16 Mar 2015 - 03:24 am

LONDON: Scrap yards are preparing for record numbers of freighters as shipping rates tumble to all-time lows. Owners may demolish 40 million deadweight...

Doha Bank CEO honoured 16 Mar 2015 - 03:22 am

The NRI Foundation hosted a felicitation in honour of India’s Finance Minister Arun Jaitley at Buckingham Gate & St James’ Court, London, on...

Malabar Gold opens 128th outlet 16 Mar 2015 - 01:08 am

Malabar Gold & Diamonds opened its 128th outlet in Salalah, Oman. Indian actress Preity Zinta inaugurated the outlet on March 12 in the...

Nebras Power buys stake in Jordan power plant 16 Mar 2015 - 01:05 am

Nebras Power buys stake in Jordan power plant DOHA: Qatar’s Nebras Power QSC (Nebras) has announced that it has entered into an agreement...

Qatar $200-bln spending spree on track despite oil price drop 15 Mar 2015 - 03:52 pm

Doha--Qatar will stick to its $200-billion (190 billion-euro) infrastructure spending splurge, the energy-rich Gulf state's premier vowed on Sunday, despite the fall in...

Philippines to buy three new Spanish transport planes 15 Mar 2015 - 10:42 am

Manila---The Philippines will buy three new transport planes from Spain to strengthen its poorly equipped military in handling external threats and natural disasters,...

Egypt nets billions at investment meet 15 Mar 2015 - 03:53 am

A delegation looks at a scale model of the new Egyptian capital displayed at the congress hall in the Red Sea resort of...

QDB backs Qatari firms at Big 5 Jeddah meet 15 Mar 2015 - 03:52 am

QDB officials and representatives of Qatari firms at the event. DOHA: Supported by Qatar Development Bank’s (QDB) export promotion arm, Tasdeer, 26 Qatari...

Kahramaa awards QR17bn water reservoir deals 15 Mar 2015 - 03:51 am

DOHA: Qatar General Electricity & Water Corporation (Kahramaa) announced that it has started awarding contracts for the QR17bn worth strategic mega reservoirs project...

Indian business team eyes opportunities in Qatar 15 Mar 2015 - 03:50 am

Amar Singh (centre), Mohammed bin Ahmed Tawar Al Kuwari (left) and M S Bukhari with other leaders during the interaction session. (Baher Amin)...

Doha Bank hosts meet on economic ties 15 Mar 2015 - 03:49 am

Kuwait City: Doha Bank hosted a conference in Kuwait on developing economic and trade relationships between Asian economic powerhouses such as China and...

QIMC selects Khatib & Alami design for Lusail City project 15 Mar 2015 - 03:46 am

DOHA: Qatar Industrial Manufacturing Company (QIMC) yesterday announced it has selected the design of Khatib & Alami (K&A) for one of its real-estate...

McDonald’s honoured at Qatar CSR Report event 15 Mar 2015 - 03:45 am

Officials and award recipients during the honouring ceremony. Doha: McDonald’s Qatar has participated in the annual Qatar CSR Report for 2014. The launch...

N-power a strong option for Qatar: Expert 15 Mar 2015 - 02:52 am

Lady Barbara Judge By Satish Kanady DOHA: Nuclear power must be a strong energy option for Qatar to meet its ever-growing energy demand...

IBM Argentina slapped with fines for graft 14 Mar 2015 - 11:26 pm

Buenos Aires---A court in Argentina has slapped a $9.3 million fine on IBM's local subsidiary for allegedly seeking to win a contract to...

Siemens reaches Egypt power deal worth 'several billion euros': Berlin 14 Mar 2015 - 08:08 pm

Berlin---German conglomerate Siemens has reached "firm agreements" for power sector projects with Egypt worth several billion euros, the German government and the company...