Business

Hilton to go public 03 Dec 2013 - 10:00 am

The Hilton Hotel on Sixth Avenue in New York City. The New York-based investment firm that bought the Hilton hotel chain six years...

French tax hike 03 Dec 2013 - 09:58 am

Police officers riding horses stand as a convoy transporting horses drives through a motorway in Paris yesterday as part of a demonstration against...

Job cuts at Deutsche Telecom 03 Dec 2013 - 09:57 am

A man working on the booth of German telecommunications giant Deutsche Telekom at the CeBIT IT fair in Hanover. Deutsche Telekom is planning...

Ashghal begins briefings for Qatari firms 03 Dec 2013 - 09:55 am

DOHA: Promoting Qatari companies to play a bigger role in future projects, the Public Works Authority, (Ashghal) yesterday commenced a series of industry...

World Expo in Dubai to boost growth in GCC 03 Dec 2013 - 09:55 am

DOHA: Dubai’s successful bid to host the World Expo in 2020 will help boost GDP growth in the GCC region, including the UAE,...

Qatargas and JBOG celebrate safety day 03 Dec 2013 - 09:54 am

DOHA: The Qatargas Jetty Boil-Off Gas (JBOG) Project team recently celebrated its fifth Safety Day at Ras Laffan Industrial City. The event was...

Power Grid Corp of India announces FPO 03 Dec 2013 - 09:54 am

DOHA: The Power Grid Corporation of India Ltd (PGCIL), a public sector power transmission company that owns and operates over 90 percent of...

Qatar Steel takes part in The Big 5 Show in Dubai 03 Dec 2013 - 09:54 am

DOHA: Qatar Steel Company participated in The Big 5 Show, held recently in Dubai. The event attracted over 2,500 exhibitors from 75 countries. ...

Kuwait Airways to buy 25 new Airbus jets and lease 12 more 03 Dec 2013 - 09:53 am

KUWAIT: Kuwait Airways has signed a contract with Airbus to buy 25 new aircraft and lease 12 other new planes in the biggest...

EU regulator raps rating agencies 03 Dec 2013 - 09:53 am

PARIS: The EU’s securities market regulator yesterday rapped rating agencies for numerous shortcomings in how they evaluate the creditworthiness of sovereign countries, but...

Etisalat may revive talks on Sudan unit sale 03 Dec 2013 - 09:52 am

DUBAI: Etisalat could resurrect talks to sell its Sudanese telecom arm Canar to Kuwait’s Zain, as both sides remain keen on a deal...

Etisalat may revive talks on Sudan unit sale 03 Dec 2013 - 09:52 am

DUBAI: Etisalat could resurrect talks to sell its Sudanese telecom arm Canar to Kuwait’s Zain, as both sides remain keen on a deal...

British energy firms to limit price rises 03 Dec 2013 - 09:51 am

LONDON: Britain’s biggest energy companies agreed yesterday to limit increases to household bills, giving some relief to Prime Minister David Cameron on an...

Ibdar Bank eyes larger deals after merger 03 Dec 2013 - 09:47 am

DUBAI: Bahrain’s Ibdar Bank hopes to leverage the combined expertise of its predecessor banks and a larger balance sheet to win business which...

Central bank review dents Bank of Ireland’s capital cushion 03 Dec 2013 - 09:47 am

DUBLIN: Bank of Ireland’s capital adequacy ratios suffered a sharper than expected drop after the Irish central bank said following its industrywide review...

Egypt likely to keep rates on hold 03 Dec 2013 - 09:46 am

CAIRO: Egypt is expected to keep interest rates unchanged at a monetary policy meeting on Thursday, as officials try to balance the need...

Japanese firms plan big jump in capital spending 03 Dec 2013 - 09:46 am

TOKYO: Japanese firms, buoyed by government stimulus and growing profits, will usher in their biggest annual capital spending increase since the 2008 global...

Mahathir quits as Petronas adviser: Report 03 Dec 2013 - 09:45 am

KUALA LUMPUR: Mahathir Mohamad, Malaysia’s long-serving former prime minister, has resigned as an adviser to state-run oil company Petronas, giving up a position...