Business

National Bank of Fujairah may tap markets: CEO 02 Apr 2014 - 01:09 am

ABU DHABI: National Bank of Fujairah , which has secured credit ratings from two international agencies, may tap the capital markets in the...

Apple vs Samsung case to start before fresh jury 02 Apr 2014 - 01:08 am

SAN JOSE: Jurors were selected yesterday for a high-stakes patent battle between smartphone rivals Apple and Samsung, setting the stage for attorneys to...

Rosneft, Exxon on track to start LNG plant 02 Apr 2014 - 01:08 am

MOSCOW: Russia’s Rosneft, said yesterday it was on track to start production at its first liquefied natural (LNG) gas plant in the country’s...

Nadella unveils Microsoft leadership shake-up 02 Apr 2014 - 01:08 am

NEW YORK: Microsoft chief executive Satya Nadella unveiled a leadership shakeup at the technology giant, including a new head for the Xbox division....

Australia keeps rates on hold 02 Apr 2014 - 01:07 am

SYDNEY: Australia’s central bank yesterday kept interest rates at a record low 2.5 percent for a seventh straight board meeting amid only tentative...

Aston Martin in talks with Mercedes-Benz for first SUV 02 Apr 2014 - 01:07 am

London: Luxury sports car maker Aston Martin is in discussions with Mercedes-Benz over building its first SUV and hopes to have the SUV...

GIS to buy JDC’s 30pc in GDI 01 Apr 2014 - 12:36 am

H E Dr Mohamed bin Saleh Al Sada and other officials at the ceremony. DOHA: Gulf International Services (GIS), the largest service group...

Nakilat Damen signs QR3.1bn MoUs with Qatar Armed Forces 01 Apr 2014 - 12:35 am

The MoU signing ceremony. DOHA: Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has signed two Memoranda of Understanding (MoU) worth QR3.1bn to build...

Yousef Mohammed Al Jaida is Deputy CEO of QFC Authority 01 Apr 2014 - 12:34 am

DOHA: Yousef Mohammed Al Jaida (pictured), formerly Chief Strategic Development Officer of the Qatar Financial Centre (QFC) Authority, has been appointed Deputy CEO...

Network marketing provides greater opportunity 01 Apr 2014 - 12:26 am

Carlos Widen By Erika Widen Doha: Network marketing provides every member, whether at the top or bottom, the same opportunity and everyone is...

Huawei vows security after hacks 01 Apr 2014 - 12:24 am

Richard Yu, CEO of Huawei Consumer Business Group, talking about the Beauty Level feature of the new Huawei Ascend Mate2 4G smart phone...

US labour market needs support: Yellen 01 Apr 2014 - 12:23 am

Federal Reserve Chair Janet Yellen addresses the 2014 National Interagency Community Reinvestment Conference yesterday in Chicago. WASHINGTON: US Federal Reserve chief Janet Yellen...

India’s infrastructure sector output up 4.5pc 01 Apr 2014 - 12:22 am

Labourers move a concrete mixer at a construction site in Kolkata yesterday. India’s infrastructure sector output rose 4.5 percent year-on-year in February, mainly...

QNCC to set up new plant 01 Apr 2014 - 12:20 am

DOHA: Qatar National Cement Company (QNCC) has signed a letter of intent with a French company to further boost its production capacity. The...

Fitch affirms Ooredoo at A+; outlook stable 01 Apr 2014 - 12:19 am

DOHA: Fitch Ratings has affirmed Ooredoo QSC’s long-term foreign currency Issuer Default Rating (IDR) at ‘A+’ with stable outlook. Qtel International Finance Limited’s...

Qatar Exchange up 0.67pc on dividend cues 01 Apr 2014 - 12:19 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 76.92 points, or 0.67 percent, to advance to 11,639.79 points from 11,562.87 on Sunday....

Hilal Bank for capital hike to fuel growth 01 Apr 2014 - 12:18 am

ABU DHABI: Abu Dhabi government-owned Al Hilal Bank is considering a capital increase this year to support growth of its operations, its chief...

‘GM approved switches below specifications’ 01 Apr 2014 - 12:18 am

WASHINGTON/DETROIT: General Motors Co approved ignition switches for cars that have been linked to 13 deaths, even though the parts did not appear...