Business

Egypt plans to apply gains tax in QNB bid for NSGB 27 Mar 2013 - 06:24 am

CAIRO: Shareholders and investment funds that make capital gains from Qatar National Bank’s (QNB) bid for Cairo-based National Societe Generale Bank (NSGB) will...

Cyprus banks remain shuttered 27 Mar 2013 - 06:22 am

Cypriot students shout slogans during an anti-bailout protest outside the presidential palace in Nicosia yesterday. NICOSIA: Cyprus reversed a decision to reopen some...

UK spot gas prices stay high on cold weather 27 Mar 2013 - 06:21 am

A man uses a shovel to clear snow from his car in Llangollen, north Wales, yesterday as thousands in Scotland and Northern Ireland...

Britons seek euro transfer 27 Mar 2013 - 06:21 am

LONDON: Financial advisory firm deVere Group yesterday reported a “surge” in the number of British expats seeking advice about moving funds out of...

Dubai Airport handled 5 million passengers in Feb 27 Mar 2013 - 06:20 am

DUBAI: Passenger traffic at Dubai’s main airport surpassed 5 million people in February, rising 11.4 percent from a year earlier, airport authorities said...

Aramco says committed to China refinery project 27 Mar 2013 - 06:19 am

BEIJING: Saudi Aramco, the world’s biggest oil producer, remains “committed” to plans to build a 200,000 barrels-per-day (bpd) refinery in the southwestern Chinese...

QNCC plans to boost production 27 Mar 2013 - 02:16 am

Qatar National Cement Company Chairman and Managing Director, Salem bin Butti Al Naimi (centre), addressing the company’s annual ordinary general assembly yesterday. Ibrahim...

Self-sufficient village 26 Mar 2013 - 06:33 am

Wind turbines and a biogas plant at the German village of Feldheim yesterday. Feldheim, a 60-minute drive south of Berlin and home to...

Govt spending set to fuel growth of QNB 26 Mar 2013 - 06:33 am

By Satish Kanady DOHA: Qatar’s top banker QNB is expected to be the biggest beneficiary of the government’s substantial spending on infrastructure projects,...

Doha Bank rights issue oversubscribed 1.8 times 26 Mar 2013 - 06:31 am

DOHA: Doha Bank said yesterday its rights issue is oversubscribed 1.8 times and added it would soon be refunding excess amounts to subscribers...

Develop quality renewable energy projects: Experts 26 Mar 2013 - 06:29 am

Head of Origination and Asset Management at MASDAR Daniel Calderon (left) and Head of Development Cooperation, International Solar Energy Research Center Konstanz (ISC...

$100 a barrel ‘reasonable’ price for oil: Saudi minister 26 Mar 2013 - 06:28 am

KUWAIT CITY: Opec’s largest oil producing member Saudi Arabia yesterday said that $100 a barrel is a “reasonable” price for oil while its...

QFC, Bloomberg to hold asset management conference 26 Mar 2013 - 06:28 am

DOHA: Qatar Financial Centre (QFC) Authority and Bloomberg will host the Second Annual Conference on Asset Management here on April 8 and 9. ...

Qatar, Algeria ink $2bn steel complex deal 26 Mar 2013 - 06:27 am

DOHA: Qatar and Algeria will enter into a joint venture, to construct a steel complex costing $2bn in Algeria’s industrial area of Bellara...

Widam wins quality award 26 Mar 2013 - 06:27 am

DOHA: Qatar Company for Meat & Livestock Trading, ‘Widam’ recently recognized bagged an international quality award in Geneva, a press statement said yesterday. ...

Qatar, Trinidad shipments ease Britain’s gas worries 26 Mar 2013 - 06:26 am

LONDON: British wholesale gas prices fell by up to 20 percent yesterday, undermined by major gas shipments due from Qatar and Trinidad to...

Region’s bourses mixed as investors await Q1 results 26 Mar 2013 - 06:25 am

DUBAI: Kuwait’s bourse tumbled to a two-week low yesterday as investors sold shares in small-cap companies ahead of a deadline to report corporate...

ibq goodies for salary transfers 26 Mar 2013 - 06:21 am

DOHA: The International Bank of Qatar (ibq) in its efforts to enhance retail banking has announced offering a line-up of benefits and perks...