Business

Brent falls below $100 17 Apr 2013 - 06:36 am

NEW YORK: Brent crude fell below $100 a barrel for the first time in nine months in heavy trading yesterday, extending losses triggered...

3-day Ministry-WTO workshop opens 17 Apr 2013 - 06:36 am

DOHA: The International Cooperation and Trade Agree-ments Department at the Ministry of Business and Trade, in collaboration with the World Trade Organisation (WTO),...

No word from regulator on QInvest deal: EFG 17 Apr 2013 - 06:35 am

CAIRO: EFG-Hermes, the Middle East’s largest investment bank, said yesterday that it had not received notification from Egypt’s financial regulator of clearance for...

QP highlights achievements at LNG 17 meet in Houston 17 Apr 2013 - 06:34 am

Members of the Qatari delegation at the QP stand in Houston yesterday. Houston: Qatar Petroleum (QP), along with its Industrial Cities Directorate, RasGas,...

12-member Dubai Chamber team for Doha meet 17 Apr 2013 - 06:32 am

DOHA/DUBAI: The Dubai Chamber of Commerce and Industry will be actively participating in the upcoming 8th ICC-WCF World Chambers Congress which will be...

GSSG, Italian firm sign joint venture pact 17 Apr 2013 - 06:30 am

Doha: Ghanim Bin Saad Al Saad & Sons Group (GSSG), a leading Qatar-based diversified business conglomerate, and Sirti, Italy’s leading technology company in...

Qatar bourse index rises by 0.42 percent 17 Apr 2013 - 06:30 am

Doha: Qatar Exchange ended in the green yesterday adding 35.22 points or 0.42 percent to advance to 8,368.33 points from 8,333.11 on Monday....

3.4m jobless in Egypt 17 Apr 2013 - 06:28 am

CAIRO: Egypt’s jobless rate rose to 12.7 percent in 2012 from 12 percent in 2011 and nine percent in 2010, due to the...

Another accolade for Valley City 17 Apr 2013 - 03:15 am

Sheikh Thani bin Abdulla bin Thani Al Thani ; Sheikh Abdullah bin Thani Al Thani (second left), SAK Holding Group Executive Committee Member,...

QPI and ExxonMobil to cooperate on natural gas in North America 16 Apr 2013 - 01:15 am

H E Dr Mohammed bin Saleh Al Sada (right), Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum International,...

Merkel urges Qatar to ensure fair tenders for 2022 projects 16 Apr 2013 - 01:13 am

German Chancellor Angela Merkel addressing the Business & Investment in Qatar Forum, in Berlin yesterday. BERLIN: German Chancellor Angela Merkel urged Qatar yesterday...

QPI, Centrica buy gas assets in Canada 16 Apr 2013 - 01:13 am

DOHA: British energy firm Centrica and Qatar Petroleum International (QPI), the international arm and wholly owned subsidiary of Qatar Petroleum (QP), have agreed...

Barwa Bank to raise QR2.05bn in share sales, rights issue 16 Apr 2013 - 01:12 am

DOHA: The Extraordinary General Meeting (EGM) of Barwa Bank Group has approved the Board of Directors’ proposal to raise a total of QR2.05bn...

QP to transfer 20pc shares to GRSIA fund 16 Apr 2013 - 01:11 am

H E Abdullah bin Hamad Al Attiyah (centre), Chairman of the Administrative Control and Transparency Authority, and also the Chairman of the Board...

Qatar, Maldives sign agreement 16 Apr 2013 - 01:08 am

The Minister of Business and Trade H E Sheikh Jassim bin AbdulAziz Al Thani and the Minister of Economic Development, Republic of Maldives,...

Oman to build, pay for huge oil storage site 16 Apr 2013 - 01:08 am

MUSCAT: Oman is committed to building, and paying for, a huge facility to store up to 200 million barrels of crude oil at...

DISH offers $25.5bn for Sprint Nextel 16 Apr 2013 - 01:07 am

NEW YORK: US satellite-television provider DISH Network yesterday launched an unsolicited $25.5bn bid to acquire Sprint Nextel, trying to derail the offer by...

Brent plunges by $3 16 Apr 2013 - 01:07 am

LONDON: Brent oil plunged $3 to just over $100 a barrel yesterday, extending a two-week selloff that has knocked nearly 10 percent off...