Business

EU talks to cap bankers’ bonuses stall 20 Feb 2013 - 12:35 am

BRUSSELS: Negotiations to introduce a cap on bankers’ bonuses in the European Union stalled yesterday, after EU countries and the bloc’s parliament clashed...

Samsung unveils new products and services 20 Feb 2013 - 12:35 am

DOHA/Dubai: Samsung Electronics yesterday unveiled new products and services that define its vision for the consumer electronics industry, where technology enables consumers to...

Drake & Scull Qatar bags QR304m project contract 20 Feb 2013 - 12:34 am

DOHA: Drake & Scull Qatar (DSI Qatar), a regional market leader in integrated design, engineering and construction disciplines, has been recently awarded a...

Qatari bourse index down by 0.17 percent 20 Feb 2013 - 12:34 am

Doha: Qatar Exchange was down 14.77 points or 0.17 percent to 8,779.90 points yesterday from the previous closing of 8,794.67. Among the top...

BMW recalls 750,000 cars 20 Feb 2013 - 12:22 am

Frankfurt: BMW is recalling about 750,000 of its vehicles in the United States, Japan, Canada and South Africa due the chance of an...

Qatar’s GDP to reach 5.5pc in ’13 19 Feb 2013 - 07:51 am

QCB Governor H E Sheikh Abdullah bin Saud Al Thani addressing the audience. DOHA: Qatar Central Bank (QCB) Governor H E Sheikh Abdullah...

Local firms to get 70pc of Fifa-related projects: Qatar Chamber 19 Feb 2013 - 07:51 am

Remy Rowhani BY MOHAMMAD SHOEB DOHA: About 70 percent of 2022 Fifa-related projects will be awarded to local business community, Qatar Chamber Director...

Call to conclude Doha Round of trade talks 19 Feb 2013 - 07:45 am

DOHA: The global economy is going from “bad to worse”, and the signs of recovery in some countries are ephemeral. The solution lies...

Yousef Al Jaida dons new role at QFC Authority 19 Feb 2013 - 07:44 am

Yousef Al Jaida DOHA: Yousef Al Jaida has been appointed Chief Strategic Development Officer of the QFC Authority with effect from February 10,...

QIC plans to sell 20pc stake 19 Feb 2013 - 07:44 am

DOHA: The shareholders of Qatar Insurance Company (QIC) have approved plans to increase its capital by 20 percent. The AGM and EGM of...

Most European stock markets drop 19 Feb 2013 - 07:38 am

LONDON: Europe’s main stock markets mostly fell yesterday after a weekend meeting of the Group of 20 leading economies ended with Japan being...

Qatari bourse index rises by 0.15 percent 19 Feb 2013 - 07:38 am

Doha: Qatar Exchange ended in the green yesterday adding 13.56 points (or 0.15 percent) to advance to 8,794.67 from 8,781.11 points on Sunday....

Europe to move against Google over privacy rules 19 Feb 2013 - 07:37 am

PARIS: European data protection agencies intend to take action against the US Internet giant Google after it failed to follow their orders to...

Taqa eyes $800m project bond 19 Feb 2013 - 07:37 am

DUBAI: Abu Dhabi National Energy Co (Taqa), the state-owned energy and utility firm, plans to issue an $800m bond next month to refinance...

Maersk Oil Qatar, GDI sign QR770m drilling deal 19 Feb 2013 - 07:36 am

Maersk Oil Qatar Managing Director Lewis Affleck (left) and Gulf Drilling International CEO Ibrahim J Al Othman exchanging agreements during the signing ceremony...

Egypt sees 3 percent growth rate 19 Feb 2013 - 07:35 am

CAIRO: Egypt’s annual economic growth rate will hit 3 percent by end-June, below the government’s projected 4 percent because of political instability, the...

Oil prices diverge 19 Feb 2013 - 07:34 am

LONDON: Oil prices traded narrowly mixed yesterday in quiet trading as dealers mulled the outcome of a G20 weekend meeting amid a public...

Qatar to spend $120bn by 2020 19 Feb 2013 - 02:44 am

Hamad Rashid Al Mohannadi, Managing Director of RasGas and Vice-Chairman of Qatar Petroleum, giving a speech on behalf of the Minister of Energy...