Business

QE market cap rises to QR475bn in January 01 Feb 2013 - 12:07 pm

DOHA: The banking and financial services sector lifted the trading value of shares on Qatar Exchange by 55.66 percent during the month of...

Brent edges up 01 Feb 2013 - 12:07 pm

NEW YORK: Brent crude oil prices edged higher, briefly touching a three-month high, as traders weighed mixed economic data from the United States...

QLG to open store in Paris 01 Feb 2013 - 12:06 pm

DOHA: Qatar Luxury Group (QLG) has announced its plans to open a store in Paris after its fashion brand is launched in Doha...

Real estate deals to pick up, says report 01 Feb 2013 - 12:06 pm

DOHA: The final week of January 2013 saw 28.7 percent decline in real estate transactions, Ezdan Holding’s weekly real estate report noted. However,...

Qtel plans to raise Asiacell stake in Iraq share sale 01 Feb 2013 - 12:06 pm

BAGHDAD: Qatar Telecom (Qtel) plans to raise its stake in Asiacell as part of the Iraqi unit’s $1.35bn share sale, a Baghdad bourse...

Brazilian exports to Qatar exceeded $316m in ’12 01 Feb 2013 - 12:06 pm

DOHA: Brazilian exports to Qatar exceeded $316m in 2012. Food and beverage products remain the top Brazilian exports to Qatar with a total...

Etihad’s India plans 01 Feb 2013 - 12:05 pm

India’s Trade Minister Anand Sharma (left) shakes hands with Ahmed Ali Al Sayegh, a board member of Abu Dhabi’s Etihad Airways, as Jet...

Suez Canal to raise fees from May 01 Feb 2013 - 12:04 pm

ISMAILIA: Egypt’s Suez Canal Authority said yesterday that it was raising fees on shipping through the waterway by between 2 and 5 percent...

Philippine economy grew by 6.6pc in 2012 01 Feb 2013 - 12:04 pm

MANILA: The Philippines said yesterday that its economy grew by a better-than-expected 6.6 percent last year as confidence rose in President Benigno Aquino’s...

Opec oil output falls in January 01 Feb 2013 - 12:04 pm

LONDON: Opec crude oil output has fallen in January to its lowest in more than a year as Iranian exports dipped from December’s...

Total to boost Cyprus energy hunt 01 Feb 2013 - 12:03 pm

NICOSIA: Cyprus is close to an agreement with French energy firm Total to carry out exploratory drilling for gas and oil in two...

Most European equities drop 01 Feb 2013 - 12:03 pm

LONDON: European stock markets fell yesterday as dealers fretted over the shrinking US economy and a flood of company earnings news, with Madrid...

Emirates airline launches $750m 12-year bond 01 Feb 2013 - 12:02 pm

DUBAI: Emirates airline, Dubai’s flagship carrier, launched a $750m 12-year amortising bond yesterday, with final pricing due later in the day, arranging banks...

Shell net profit sinks 14pc in 2012; hikes payout 01 Feb 2013 - 12:01 pm

LONDON: Energy giant Royal Dutch Shell yesterday said its net profits sank 14 percent last year despite an upbeat final quarter, as the...

QNB sees 40pc net profit from foreign operations 31 Jan 2013 - 04:18 am

QNB Chairman H E Yousuf Hussein Kamal (fourth left) addressing the ordinary general assembly, yesterday. (Abdul Basit) By Satish Kanady DOHA: QNB Group...

Switzerland sets up investment agency in Qatar 31 Jan 2013 - 04:16 am

OSEC CEO Daniel Kung giving a presentation at the launch of the Swiss trade and investment promotion agency in Qatar at the St...

EQ, Mowgli launch mentoring programme 31 Jan 2013 - 04:16 am

DOHA: Enterprise Qatar (EQ) and Mowgli Foundation, together with co-sponsors Norman Broadbent and Social Development Centre (SDC) have launched Qatar’s first year-long Mowgli...

Iran seeks help to rescue sunken rig 31 Jan 2013 - 04:16 am

DUBAI: Iran has called for foreign help to recover a $40m gas platform from the Gulf seabed, its Mehr news agency reported, in...