Business

Opec oil output hits highest since 2012 01 Oct 2014 - 02:49 am

LONDON: Opec’s oil supply jumped to its highest in almost two years in September, a survey found, due to further recovery in Libya...

GCC ports set to face logistic pressure 30 Sep 2014 - 01:06 am

DOHA: Faced by a booming trade demand, the GCC’s logistic sector is set to pile enormous pressure on the ports across the region....

Hassad Food for investments in Turkey 30 Sep 2014 - 01:04 am

Nasser Al Hajri (left), Chairman and Managing Director of Hassad Food with Turkey’s Minister of Agriculture Mehdi Eker. DOHA: Hassad Food, the global...

Airbus A350XWB test flight 30 Sep 2014 - 01:03 am

Airbus A350XWB aircraft stage a test flight from the Airbus headquarters in Blagnac, Southern France, yesterday. The A350XWB, with a capacity of between...

Belgacom’s branding campaign 30 Sep 2014 - 12:58 am

Dominique Leroy, chief executive officer of Belgian telecoms operator Belgacom, poses in front of the company’s new branding campaign in Brussels yesterday. Belgacom...

Arabian MEP wins Infrastructure Project award 30 Sep 2014 - 12:57 am

Doha: Arabian MEP, a Grade – A Qatari Engineering Services Contractor, has been announced as the winner of ‘Infrastructure Project of the Year...

US-EU trade pact back in spotlight 30 Sep 2014 - 12:56 am

BRUSSELS: The woman likely to become the EU’s new trade chief sought to reassure lawmakers yesterday that US companies will not be able...

PepsiCo opens innovation centre in Middle East 30 Sep 2014 - 12:55 am

Officials inaugurating the new innovation centre in Dubai. Doha: PepsiCo, one of the leading food and beverage companies, yesterday announced the opening of...

Russian rouble at historic low 30 Sep 2014 - 12:45 am

People walk past a board showing currency exchange rates in St Petersburg. The Russian rouble reached a historic low against the dollar yesterday...

Lufthansa on strike 30 Sep 2014 - 12:44 am

Aircraft of German airline Lufthansa in park position at the airport in Frankfurt am Main, western Germany. Lufthansa staff will stage a strike...

Snowbird IPO 30 Sep 2014 - 12:43 am

Yan Changzai (centre), CEO of Snowbird AG; CFO Lam Kok Weng (left) and COO Qiu Duoxiang during the initial public offering of the...

Balfour Beatty warns on profits 30 Sep 2014 - 12:43 am

LONDON: Shares in Balfour Beatty plunged yesterday after the British construction firm cut its profit forecast for the third time in less than...

Qatar to outperform GCC states with 6.7pc growth 30 Sep 2014 - 12:41 am

DUBAI: Gulf Arab economies are likely to grow slightly faster in 2015, propped up by strong private business activity despite further falls in...

Qatar’s trade surplus hits QR31.5bn 30 Sep 2014 - 12:41 am

DOHA: Qatar’s trade balance recorded a surplus of QR31.5bn in August 2014, down QR1.3bn, or 3.9 percent, compared to August 2013, according to...

Doha Bank shareholder meet on India buy 30 Sep 2014 - 12:40 am

DUBAI: The board of Doha Bank has authorised the purchase of the Indian assets of HSBC Bank Oman, and has called a shareholder...

QE index swings back into green zone 30 Sep 2014 - 12:40 am

Doha: Qatar Exchange index reversed its downward movement yesterday and came back into the green zone with a slight gain of 9.07 points,...

QCB to issue QR4bn worth T-Bills tomorrow 30 Sep 2014 - 12:40 am

DOHA: Qatar Central Bank (QCB) yesterday announced it would issue new Treasury bills worth QR4bn on October 1, 2014. The new bills, worth...

GCCIA joins GO-15 power grid 30 Sep 2014 - 12:39 am

DOHA: The GCC Interconnection Authority (GCCIA) yesterday officially announced that it had joined the GO-15 Reliable and Sustainable Power Grids, which represents 80...