Business

Experts warn firms on cyber security threat 09 Sep 2013 - 03:55 am

DOHA: In the face of the reports of an increasing number of cyber crimes in the region, Qatari companies and enterprises need to...

Abul Aziz bin Nasser named QDB CEO 09 Sep 2013 - 03:53 am

DOHA: The Board of Directors of Qatar Development Bank (QDB) yesterday announced the appointment of Abdul Aziz bin Nasser Al Khalifa as Chief...

Qatari bourse index adds 52.89 points 09 Sep 2013 - 03:53 am

Doha: Qatar Exchange index added 52.89 points, or 0.57 percent, yesterday to advance to 9,257.81 points from 9,204.92 on Thursday. The volume of...

Turkey banks use private placement 09 Sep 2013 - 03:52 am

LONDON: A slew of private placement deals for Turkish banks in recent weeks could mean that the lenders eschew the Eurobond market altogether...

Daimler aims to launch self driving car by 2020 09 Sep 2013 - 03:52 am

MUNICH: Germany’s Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot...

Delta joins S&P 500 index of stocks 09 Sep 2013 - 03:51 am

ATLANTA: Delta Air Lines Inc is scheduled to be listed among the stocks in the Standard & Poor’s 500 index next week, a...

Dubai’s DAE ends tie-up talks with BBA Aviation 09 Sep 2013 - 03:51 am

DUBAI: Dubai Aerospace Enterprise (DAE), owner of US-based engine repair and maintenance business StandardAero, said yesterday it was no longer in talks with...

New Australia govt to re-boot mining boom 09 Sep 2013 - 03:51 am

CANBERRA: Australia’s incoming conservative government promised to re-boot a stalled mining boom and revive an appetite for investment yeserday after leader Tony Abbott...

Oil terminal strikes cost Libya $5bn 09 Sep 2013 - 03:50 am

TRIPOLI: Libya’s prime minister faced increasing calls for his ouster yesterday as strikes by government employees at oil export terminals cost the North...

Italy’s Morellato eyes domestic brands: CEO 09 Sep 2013 - 03:50 am

VICENZA, Italy: Italian jewelry and watch maker Morellato Group is not for sale and hopes to add other domestic brands to its portfolio,...

Zoopla hires Credit Suisse to study possible flotation 09 Sep 2013 - 03:50 am

LONDON: Britain’s second-biggest online estate agent Zoopla has hired investment bank Credit Suisse to explore growth opportunities, which could include a possible London...

Norway ponders use of petro-kronor 09 Sep 2013 - 03:49 am

OSLO: Norway, which goes to the polls today, is an island of prosperity in Europe, with so much money that it literally doesn’t...

Al Sada meets businessmen in Tokyo 09 Sep 2013 - 02:25 am

The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, during a meeting in Tokyo. Tokyo: The Minister of...

Consumer Electronics fair 08 Sep 2013 - 01:05 am

Visitors look at ultra flat bent TV screens in the halls at the Berlin Radio Show IFA in Berlin yesterday. The IFA, a...

Mackeen Holding Company posts QR96.5m revenue in H1 08 Sep 2013 - 01:04 am

DOHA: Mackeen Holding Company recorded 141 percent growth in operating income at the end of the first half of 2013 compared to the...

Qafac, Gulf Warehousing Company sign agreement 08 Sep 2013 - 01:00 am

Officials pose for a group picture in Doha recently DOHA: Qatar Fuel Additives Company Ltd (Qafac) has signed an agreement for records management...

Qatar Exchange Roundup: Fall in QE index to continue 08 Sep 2013 - 12:59 am

By Bashir Yusuf Kahlout For the second week in a row, Qatar Exchange (QE) continued to perform in line with the rest of...

Emerging market crisis may derail recovery: QNB Group 08 Sep 2013 - 12:59 am

Doha: The emerging market (EM) crisis currently under way in Asia and Latin America may derail the incipient global economic recovery, according to...