Business

Etisalat waiting for takeovers 25 Oct 2012 - 05:04 am

DUBAI: Middle East telecom operator Etisalat expects a shakeout in the sector to throw up takeover opportunities in the next 18 months and...

Mashreq bank Q3 profit jumps 86 percent 25 Oct 2012 - 05:03 am

DUBAI: Mashreq, Dubai’s second-biggest bank by stock market value, yesterday posted an 86 percent year-on-year jump in net profit for the third quarter...

Peugeot gets govt rescue as crisis deepens 25 Oct 2012 - 05:02 am

PARIS: PSA Peugeot Citroen unveiled a government-backed refinancing deal for its lending arm as the struggling French automaker’s financial position deteriorated further, sending...

HSBC Qatar to host top economists 24 Oct 2012 - 08:12 am

David Bloom, Stephen King and Simon Williams will be giving presentations on global economic scenario. DOHA: HSBC Qatar will be hosting Stephen King,...

Qatar real estate deals jump 231pc 24 Oct 2012 - 08:11 am

DOHA: Real estate transactions in Doha jumped 231 percent last week (from October 14 to October 18) compared to the previous week, suggests...

Al Khaliji posts QR378m profit 24 Oct 2012 - 08:11 am

DOHA: Al Khalij Commercial Bank (al khaliji) has recorded a net profit after tax of QR378m for the first nine months of 2012. ...

NBAD Q3 profit up 9 percent on investment gains 24 Oct 2012 - 08:10 am

ABU DHABI: National Bank of Abu Dhabi , the largest lender by market value in the United Arab Emirates, beat analyst estimates by...

Qatari bourse index loses 25.53 points 24 Oct 2012 - 08:10 am

Doha: Qatar Exchange was down 25.53 points or 0.30 percent yesterday to 8,511.97 points from the previous closing of 8,537.50. The volume of...

Mashreq introduces loan for small business 24 Oct 2012 - 08:10 am

Doha: Mashreq Qatar, a leading financial institution in the region, has expanded its bouquet of financial solutions to facilitate small business owners and...

QIIC records QR45.3m net profit 24 Oct 2012 - 07:34 am

Sheikh Abdullah bin Thani AI Thani & Ali Ibrahim AI Abdulghani DOHA: Qatar Islamic Insurance Company (QIIC) recorded QR45.3m aggregate net profits for...

Qatar’s non-mining sector records 8.5 percent growth 24 Oct 2012 - 07:34 am

By Satish Kanady DOHA: Giving clear signals that Qatar’s strategic plan to diversify its economy is bearing fruit, the country’s non-mining sector has...

Barzan Project reaches peak construction stage 24 Oct 2012 - 07:32 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with other officials during his visit. Doha: A senior delegation...

Doha Bank signs MoU with bullion brand PAMP 24 Oct 2012 - 07:15 am

DOHA: After the successful launch of the ‘Bullion Initiative’ by Doha Bank earlier this year, the bank has taken the next step forward...

Qtel completes Wataniya acquisition; NBK advises 24 Oct 2012 - 07:15 am

DOHA: Qtel has announced the completion of its mandatory tender offer for Wataniya Telecom. “Following approval from the Kuwait Capital Markets Authority and...

Liquidity prime concern for Mena investors 24 Oct 2012 - 07:14 am

DOHA: The latest QFC Authority/FTSE Global Markets Mena Asset Management Survey, shows that access to liquidity is the prime concern of the region’s...

World Energy Forum begins 23 Oct 2012 - 04:43 am

Visitors look at the Emirates Nuclear Energy Corporation presentation, during the opening of the World Energy Forum 2012 at the Exhibition Centre in...

Apicorp’s profit jumps to $12.67m 23 Oct 2012 - 04:42 am

DOHA: Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the 10 member states of the Organisation of Arab Petroleum Exporting...

Commercialbank posts QR1.56bn net profit 23 Oct 2012 - 04:42 am

DOHA: Commercial Bank of Qatar (Commercialbank) delivered strong results for the first nine months of 2012 recording a four percent increase in its...