Business

Shard builder named project manager of Kingdom Tower 22 Feb 2013 - 05:59 am

LONDON: The builder of The Shard skyscraper in London will be the project manager for the planned $1.2bn, 1,000-metre Kingdom Tower skyscraper in...

Global tablet sales up 78.4pc in ’12: Survey 22 Feb 2013 - 05:59 am

WASHINGTON: The global market for tablet computers surged 78.4 percent last year, with 128 million of the devices shipped, a survey showed yesterday....

Most Gulf markets rise 22 Feb 2013 - 05:55 am

DUBAI: Egypt’s measure lifted from a three-week low yesterday as foreign investors hunted for bargains, while other regional markets also gained. Shares in...

Doha Bank to raise capital by 50pc 21 Feb 2013 - 10:07 am

Sheikh Abdul Rahman bin Mohammad bin Jabor Al Thani (third left), Managing Director, Doha Bank, addressing the shareholders meeting at the headquarters of...

QIIB lines up $2bn sukuk programme 21 Feb 2013 - 10:05 am

DOHA: Qatar International Islamic Bank (QIIB) is looking to set up a $2bn sukuk programme. The Bank’s Board has submitted its recommendation to...

Qatar Exchange to function at new office from March 4 21 Feb 2013 - 10:05 am

DOHA: Qatar Exchange (QE) has announced that its headquarters will be moving to Al Dana Tower, West Bay, opposite to City Center Shopping...

Indian business delegation holds talks with QCCI officials 21 Feb 2013 - 10:04 am

Doha: A delegation representing Qatar Chamber of Commerce and Industry (QCCI) held a meeting yesterday with a 12-member delegation of CAPEXIL, an indian...

Wall St slips after rally; oil falls 21 Feb 2013 - 10:04 am

NEW YORK: Global equity markets faltered yesterday as a mixed reading of US housing data took the edge off this year’s stock rally,...

Memac Ogilvy opens Qatar office 21 Feb 2013 - 10:02 am

From Left: Turkish Ambassador Emre Yunt, Edmond Moutran and Sheikh Saif bin Ahmed bin Saif Al Thani during the formal opening of Memac...

Zambia seizes control of Chinese-owned mine 21 Feb 2013 - 10:02 am

LUSAKA: The Zambian government has seized control of a Chinese-owned coal company due to poor compliance with safety and environmental standards, the mines...

StanChart names head of mergers and acquisitions for Mena region 21 Feb 2013 - 10:01 am

Dubai: Standard Chartered announced yesterday the appointment of Tom Emmet as Head of Mergers and Acquisitions (M&A) for the Middle East and North...

Qatar key market for Lufthansa 21 Feb 2013 - 10:00 am

From left: Peter Pollak, General Manager UAE and Director Gulf, Afghanistan & Iraq, Randa El Massry, General Manager, Passenger Sales, Qatar, and Carsten...

Air Asia and India’s Tata propose joint airline 21 Feb 2013 - 10:00 am

MUMBAI: Asia’s largest low-cost carrier AirAsia yesterday announced plans to invest in an airline joint venture with India’s giant Tata conglomerate and another...

Volvo Cars to shed 1,000 jobs: Report 21 Feb 2013 - 10:00 am

STOCKHOLM: Volvo Cars, which is owned by Chinese auto maker Geely, is to cut up to 1,000 jobs by the end of the...

Expert cautions on core sector project delays 20 Feb 2013 - 01:04 am

Dr Rupert Booth, Senior Economist at ATKINS, addressing audience on the last day of Qatar Projects 2013 conference. Kammutty V P BY MOHAMMAD...

75-inch Samsung Smart TV 20 Feb 2013 - 01:02 am

A model displays Samsung Electronics’ new 75-inch F8000 Smart LED TV during a media conference in Seoul, yesterday. The South Korean firm launched...

LA Mayor to lead trade mission to Qatar 20 Feb 2013 - 12:45 am

LOS ANGELES: The Mayor of Los Angeles, Antonio Villaraigosa, said that he would lead a trade and investment mission to Qatar later this...

Inflation rate to remain between 3-4pc 20 Feb 2013 - 12:44 am

DOHA: Inflation is expected to remain between three and four percent during 2013-2014, but as infrastructure-related construction activities pick up momentum, it is...