Business

IQ nine-month net profit at QR6.3bn 22 Oct 2013 - 03:27 am

DOHA: Industries Qatar (IQ), the region’s industrial giant with interests in the production of a wide range of petrochemical, fertiliser and steel products,...

Ooredoo eyes listing in London or another bourse, says CEO 22 Oct 2013 - 03:27 am

DUBAI: Ooredoo, Qatar’s No.1 telecom operator, may list on the London Stock Exchange or another major bourse as it seeks to attract more...

QE set to emerge as most active bourse in the region: Deloitte 22 Oct 2013 - 03:26 am

DOHA: Qatar Exchange (QE), the Tadawul (Saudi Stock Exchange) and the Dubai Financial Market (DFM) are expected to be the most active GCC...

European stocks subdued; gold shines 22 Oct 2013 - 03:24 am

The curve of the German share price index DAX seen at the Frankfurt Stock Exchange yesterday. LONDON: European stocks steadied yesterday as investors...

Nakilat JVs to build, operate seven ships 22 Oct 2013 - 03:24 am

Doha: Qatar’s marine company Nakilat has secured vessel building and operations contracts for the Port of Ras Laffan, the company said yesterday. The...

OMV discovers oil in Libya since uprising 22 Oct 2013 - 03:24 am

FRANKFURT: Austria’s OMV said it had struck oil in Libya in the first new discovery for the company and its partners since the...

US crude drops below $100 a barrel 22 Oct 2013 - 03:23 am

NEW YORK: Oil prices fell yesterday, with US crude breaking below $100 a barrel for the first time since early July, as US...

Office space demand in Diplomatic District on the upswing: Expert 22 Oct 2013 - 02:15 am

DOHA: The demand for office space in the Diplomatic District is on an upswing, says a real estate expert and warns that this...

New Abu Dhabi airport to be operational by July 2017 22 Oct 2013 - 02:13 am

Labourers working at the construction site of Abu Dhabi’s new airport terminal yesterday. The Dh10.8bn ($2.9bn) airport will be operational in July 2017,...

UK’s Co-op to cede control of bank 22 Oct 2013 - 01:59 am

People pass by a branch of The Co-operative Bank in London yesterday. LONDON: Britain’s mutually-owned Co-operative Group will hand control of its banking...

Qatar bourse index down 0.21 percent 22 Oct 2013 - 01:59 am

Doha: Qatar Exchange was down 20.33 points or 0.21 percent to 9,731.56 points yesterday from the previous closing of 9,751.89. Among the top...

QP to mark ‘World Energy Day’ today 22 Oct 2013 - 01:54 am

Doha: Under the directives of H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry, Qatar Petroleum (QP) joins...

Tata Steel to supply UK rail network for five more years 22 Oct 2013 - 01:53 am

NEW DELHI: Tata Steel, one of the world’s biggest steelmakers, announced yesterday that it has won a contract to supply rail track to...

EDF in $26bn deal to build UK N-reactors 22 Oct 2013 - 01:53 am

PARIS/LONDON: Britain signed a deal with France’s EDF to build a £16bn ($26bn) nuclear plant, becoming the first European country to provide state...

Takaful faces slower growth, unstable returns: Study 22 Oct 2013 - 01:52 am

KUALA LUMPUR: Expansion of the takaful (Islamic insurance) industry is slowing as firms struggle for scale and face growing competition, but the sector...

Attiyah: Qatar to implement ambitious energy policy 22 Oct 2013 - 01:52 am

Muscat: Qatar looks to implement with the GCC countries an ambitious energy policy associating economic growth and sustainable development, the Chairman of Administrative...

Etihad sets stage for $50bn of jet deals 22 Oct 2013 - 01:14 am

DUBAI/NEW YORK: Etihad Airways is close to placing an order that could kick off a $50bn jet-buying spree from the Gulf as the...

Motor show 21 Oct 2013 - 08:33 am

Visitors walk near Audi vehicles at the Johannesburg International Motor Show. The show runs until October 27.