Business

Etihad to take 24pc stake in Jet Airways in $379m deal 25 Apr 2013 - 01:27 am

MUMBAI/DUBAI: Fast-growing Etihad Airways is taking almost a quarter stake in India’s Jet Airways , giving it a bigger foothold in the fast-growing...

Iran parks millions of oil barrels on tankers as buyers retreat 25 Apr 2013 - 01:27 am

LONDON: Iran is storing millions of barrels of oil on tankers in its territorial waters as Tehran struggles with tougher Western sanctions on...

Ethiopian Airlines set to resume Dreamliner flights 25 Apr 2013 - 01:21 am

ADDIS ABABA: Ethiopian Airlines is set to become the world’s first carrier to resume flying Boeing Co’s 787 Dreamliner passenger jets, with a...

GCC food import bill to touch $53.1bn by 2020 24 Apr 2013 - 03:40 am

The Deputy Emir and Heir Apparent H H Sheikh Tamim bin Hamad Al Thani at the opening of the 8th World Chambers Congress...

Ashghal to tender $11bn projects 24 Apr 2013 - 03:39 am

Remy Rowhani, Director-General, Qatar Chamber; speaking at a parallel session on business programme on the sidelines of the ICC WCF 8th World Chambers...

US construction majors eyeing projects in Qatar: Official 24 Apr 2013 - 03:37 am

David Chavern, Chief Operating Officer and Executive Vice President of US Chamber of Commerce. BY MOHAMMAD SHOEB DOHA: The United States is seeking...

Ezdan Holding Group nets QR252.7m profit 24 Apr 2013 - 03:35 am

Sheikh Dr Khalid bin Thani Al Thani and Ali Al Obeidly DOHA: Ezdan Holding Group recorded a net profit of QR252.7m for the...

Al khaliji posts 8pc rise in Q1 net profit 24 Apr 2013 - 03:33 am

DOHA: Al khaliji, in Qatar, reported a net profit of QR131.5m for the first quarter of 2013. This represents an increase of 8...

Ooredoo unit Indosat to delist ADRs from NYSE 24 Apr 2013 - 03:33 am

DOHA: Ooredoo’s Group subsidiary PT Indosat Tbk (Indosat) has announced that it intends to delist its American Depositary Receipts (ADRs) from the New...

Workshop on QE Venture Market held 24 Apr 2013 - 03:31 am

Dr R Seetharaman, Group CEO of Doha Bank, giving a keynote speech during the workshop at Doha Bank yesterday. Shaival Dalal BY MOHAMMAD...

Education key to progress: ExxonMobil official 24 Apr 2013 - 03:30 am

Hans-Jorg Shmid-Trenz (on screen), CEO, Hamburg Chamber of Commerce, addressing a plenary session on Education and Business during the ICC WCF 8th World...

Qatar Oil & Gas Industry HSE Excellence Awards tomorrow 24 Apr 2013 - 03:30 am

Doha: H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry and Chairman & Managing Director of Qatar Petroleum (QP),...

Glittering Sydney launch for Samsung S4 24 Apr 2013 - 03:27 am

SYDNEY: The sails of one of the world’s most iconic buildings, the Sydney Opera House, were lit up with images shot by ordinary...

Industries Qatar scrip jumps 4pc; Qatar index up 24 Apr 2013 - 03:27 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 92.12 points (or 1.09 percent) to advance to 8,534.78 points from 8,442.66 on Monday....

Gulf bond issuance to hit $37bn this year 24 Apr 2013 - 03:26 am

DUBAI: Total US dollar-denominated bond issues from the six Gulf Cooperation Council (GCC) countries are expected to hit $37bn in 2013, dominated by...

Egypt sees 3.8pc growth this fiscal 24 Apr 2013 - 03:25 am

CAIRO: Egypt said its economy will grow by 3.8 percent in the fiscal year starting in July as ministers outlined the 2013/14 budget...

HSBC to shed 1,149 jobs in Britain: Official 24 Apr 2013 - 03:25 am

LONDON: HSBC is cutting 1,149 jobs in Britain in another round of redundancies to save money and slim down Europe’s biggest bank. The...

Dubai flights rely on fuel refined from Iranian oil 24 Apr 2013 - 03:21 am

DUBAI: Fuel made from Iranian oil is legally powering thousands of flights a year out of Dubai’s booming airport, despite US pressure on...