Business

Total, Q-Auto ink 5-year contract 09 Dec 2014 - 09:58 am

Doha: In an exclusive five year supply agreement, Total Marketing Qatar will supply Q –Auto its premium Engine Oil product, ‘Total Quartz 9000’...

New projects encourage Q4 business optimism 09 Dec 2014 - 09:52 am

DOHA: The outlook for Qatar’s economy remains “overwhelmingly positive”, despite sluggish and uneven global growth, according to the latest Business Optimism Index (BOI)...

Gulf region sukuk issuance to touch $30bn mark next year 09 Dec 2014 - 09:51 am

DOHA: Sukuk issuances in Gulf markets is expected to hit a whopping $30bn mark in 2015, revealed Michael Grifferty, President of the Gulf...

Madison backs Qatari bid for Songbird 09 Dec 2014 - 09:50 am

LONDON: Songbird Estates shareholder Madison International Realty plans to accept Qatar Investment Authority’s (QIA) offer for the British property company, the sovereign wealth...

Oil price drops over $2 to five-year low 09 Dec 2014 - 09:49 am

NEW YORK: Brent and US crude oil each fell more than $2 a barrel yesterday to a new five-year low amid a rising...

First reactor of UAE N-plant to start in 2017 09 Dec 2014 - 09:49 am

ABU DHABI: The first of four reactors being built at the United Arab Emirates’ Barakah nuclear power plant is 61 percent complete and...

Dutch judges ban UberPOP taxi service 09 Dec 2014 - 09:49 am

THE HAGUE: Dutch judges yesterday banned the popular ride-sharing service UberPOP from taking bookings via its smartphone app, threatening the US company with...

Barwa Bank picks 10 winners of mobile promo 09 Dec 2014 - 09:48 am

DOHA: Barwa Bank has announced the names of the first ten winners of its mobile banking promotion. The first ten lucky winners were...

Air New Zealand orders two more Dreamliners 09 Dec 2014 - 09:47 am

WELLINGTON: Air New Zealand said yesterday it had taken up options on an additional two Boeing 787-9s, which will increase its Dreamliner fleet...

China imports fall as export growth slows 09 Dec 2014 - 09:40 am

BEIJING: China’s imports shrank unexpectedly in November while export growth slowed, fuelling concerns the world’s second-largest economy could be facing a sharper slowdown...

China leaders meet to map out reforms, may scale down growth goal 09 Dec 2014 - 09:40 am

BEIJING: China’s top leadership will meet today for an annual gathering to map out economic and reform plans for the following year, and...

First reactor of UAE N-plant to start in 2017 08 Dec 2014 - 11:41 pm

ABU DHABI: The first of four reactors being built at the United Arab Emirates’ Barakah nuclear power plant is 61 percent complete and...

Kuwait Petroleum sees prices at $65 for next 6-7 months 08 Dec 2014 - 11:41 pm

KUWAIT: Oil prices are likely to remain around $65 a barrel for the next six to seven months, the head of Kuwait’s state...

Commercial Bank initiates squeeze-out process of ABank 08 Dec 2014 - 11:36 pm

DOHA: Commercial Bank have initiated a formal squeeze-out process to acquire additional shares of Turkish bank Alternatifbank AS, Turkey (ABank). Currently, Commercial Bank...

Management rejig at Commercial Bank 08 Dec 2014 - 11:36 pm

DOHA: The Chairman and Board of Directors of Commercial Bank yesterday announced a number of changes at the senior management. Colin Macdonald has...

Selfies with Alibaba head 08 Dec 2014 - 07:46 am

Delegates take ‘selfies’ with Alibaba Group Executive Chairman Jack Ma as he arrives for the Fifth Conference of Zhejiang Chamber of Commerce in...

Swings expose financial market fragility: BIS 08 Dec 2014 - 07:45 am

The Bank for International Settlements in Basel. ZURICH: Sudden swings in financial markets recently suggest they are becoming increasingly sensitive to unexpected events,...

SelectUSA official in Qatar to showcase Washington Investment Summit 08 Dec 2014 - 07:45 am

DOHA: SelectUSA executive director ambassador Vinai Thummalapally visited Qatar and met with business and government leaders to highlight investment opportunities in the United...