One of the rigs at Barzan Well Head Platform 1. DOHA: RasGas Company Limited (RasGas) has completed offshore drilling for 30 development wells...
One of the rigs at Barzan Well Head Platform 1. DOHA: RasGas Company Limited (RasGas) has completed offshore drilling for 30 development wells...
DOHA: Despite summer season and Ramadan the real estate sector transactions during July doubled witnessing an incredible triple digit growth of 103 percent...
DUBAI: Qatar’s government spending rose 2.2 percent to a record QR178.2bn ($48.9bn) in its last fiscal year, official data showed. Total state spending...
HONG KONG: A US banking regulator’s probe into JPMorgan’s hiring practices in China will have rival banks scrambling to review their own records,...
FRANKFURT: The Bundesbank forecast yesterday that the German economy, Europe’s biggest, will return to “normal, steady growth” in the second half of 2013,...
OSLO/VIENNA: Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV yesterday, in a $2.65bn deal giving the former cash to...
DUBAI: Bahrain-based Investcorp said yesterday it agreed to sell a majority stake in British online payments services firm Skrill Group to private equity...
T-50i advanced jet trainers at the headquarters of the Korea Aerospace Industries (KAI) in Sacheon, about 440km southeast of Seoul yesterday. The T-50i...
TRIPOLI/LONDON: Libya’s largest crude oil export terminals were still shut yesterday but the reopening of a smaller one could pave the way to...
JOHANNESBURG: World number one producer Anglo American Platinum said yesterday it will begin laying off around 6,900 workers in South Africa on September...
STOCKHOLM: Swedish industrial group Atlas Copco announced yesterday it was acquiring British pump and vacuum engineering specialist Edwards for $1.6bn (¤1.2bn). Atlas Copco...
The Acura “NSX Concept” supercar is unloaded in front of the Lodge prior to being displayed on the Concept Lawn during the Pebble...
DOHA: Qatar Development Bank (QDB) has unveiled huge number of business opportunities that local companies and Qatari entrepreneurs can seize from the upcoming...
DOHA: Qatar leads the Middle East and North Africa (Mena) region with four out of the top 10 (40 percent) acquisition & merger...
PARIS: The eurozone bond market is gradually recovering from the disruption caused by the debt crisis, analysts say, with the gap in borrowing...
PARIS: Governments face a rise in their borrowing costs due to the winding down of monetary stimulus programmes and as investors bet on...
DOHA: The GCC insurance sector grew to nearly $16bn in terms of gross premium written in 2012. The sector witnessed growth rates of...
KABUL: Afghanistan’s landmark oil project has ground to a halt and most Chinese staff have left less than a year after production started...