Business

Egyptian exports start to boom 31 Jul 2013 - 01:17 am

CAIRO: Egypt is in the early stages of an export boom, suggesting its economy could begin to recover in the next few months...

Morgan Stanley names Qatari as new head 31 Jul 2013 - 01:00 am

DUBAI: Morgan Stanley has appointed Qatari national Abdulla Al Ansari as the bank’s new head in the country, according to an internal memo...

Ministry seeks to boost performance 30 Jul 2013 - 02:27 am

Liaison officers taking part in a session on the opening day of the training programme yesterday. Doha: The Strategic Planning Department at the...

IQ nets QR4.6bn profit in H1 30 Jul 2013 - 12:52 am

DOHA: Industries Qatar (IQ), the region’s industrial giant, recorded a staggering QR4.6bn as the net profit for the first six months ended June...

QIMC to build QR500m tower; profit at QR80m 30 Jul 2013 - 12:52 am

DOHA: Qatar Industrial Manu-facturing Company (QIMC) is set to fly high by constructing a multi-use high rise tower in Doha’s skyline with an...

Key European stocks end flat 30 Jul 2013 - 12:50 am

Traders work on the floor of the New York Stock Exchange yesterday. LONDON: European stock markets ended yesterday’s session mostly flat, ceding early...

Egypt plans quick steps to spur economy 30 Jul 2013 - 12:50 am

CAIRO: Egypt’s new cabinet plans quick steps to spur the economy while laying the ground for a broader “Marshall Plan” to present to...

Ezdan, QGIRC profits rise 30 Jul 2013 - 12:50 am

Doha: Qatar General Insurance and Reinsurance Company disclosed the semi annual financial statements for the period ending June 30, 2013, revealing a net...

Qatar bourse index down by 0.15pc 30 Jul 2013 - 12:50 am

Doha: Qatar Exchange was down 14.01 points (0.15 percent) to 9,640.54 points yesterday from the previous closing of 9,654.55 points. Among the top...

Barclays mulls £5bn share sale 30 Jul 2013 - 12:44 am

LONDON: Barclays is planning to issue about £5bn of new shares to help plug a £7bn capital shortfall triggered by new UK regulatory...

Energy City to be mixed-use facility 29 Jul 2013 - 01:44 am

Energy City Qatar CEO Hesham Al Emadi. (SHAIVAL DALAL) By Satish Kanady DOHA: Energy City Qatar (ECQ), the estimated $3bn project launched to...

Whitehill starts role as Vodafone Qatar CEO 29 Jul 2013 - 01:43 am

DOHA: Kyle Whitehill (pictured), the newly-appointed CEO of Vodafone Qatar, has taken up his role. Commenting on his appointment, Vodafone Qatar’s Chairman Sheikh...

Maersk Oil releases Sustainability Report 29 Jul 2013 - 01:41 am

Al Shaheen, Qatar’s largest offshore oil field, operated by Maersk Oil Qatar. Doha: Maersk Oil Qatar, Operator of Qatar’s largest offshore oil field...

Qatar bourse sheds 0.41pc; Kuwait rises 29 Jul 2013 - 01:41 am

Doha: The Qatar Exchange was down yesterday 40.15 points (0.41pc) to 9,654.55 points from the previous closing of 9,694.70 points. The volume of...

Woqod’s H1 net profit falls by 1.4 percent 29 Jul 2013 - 01:41 am

DOHA: Qatar Fuel’s (WOQOD) net profit for the first half of 2013 (H1 2013) has declined by QR8m or 1.4 percent, compared to...

Alfardan Automobiles records 28pc rise in BMW sales 29 Jul 2013 - 01:39 am

DOHA: Alfardan Automobiles, the official BMW Group importer in Qatar, has registered a 28 percent and 9 percent growth in BMW and MINI...

QNB Group starts China operations 29 Jul 2013 - 01:38 am

DOHA: Qatar National Bank (QNB) Group has officially started operating its “Qatar National Bank S A Q Shanghai Representative Office” after receiving all...

Mashreq posts 40 percent rise in first half net profit 29 Jul 2013 - 01:37 am

DOHA: Mashreq, the lead financial institution in the Middle East & North Africa with a strong presence in Qatar, has reported a 40...