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India's L&T wins Abu Dhabi airport fuel depot expansion contract 10 Sep 2013 - 01:17 pm

ABU DHABI: Indian firm Larsen & Toubro (L&T) has won the contract for the fuel depot expansion of Abu Dhabi International Airport. The...

Dubai Holding investment unit extends $1.2bn loan 10 Sep 2013 - 01:16 pm

DUBAI: Dubai Holding's investment unit has extended the repayment of a $1.2 billion loan until 2020, following moves by other state-linked firms, who...

Afghan bomb kills seven civilians 10 Sep 2013 - 01:16 pm

GHAZNI: A roadside bomb ripped through a passenger bus, killing seven civilians and wounding more than a dozen others in southern Afghanistan on...

Sheikha Moza meets Duke of York 10 Sep 2013 - 01:16 pm

DOHA: HH the Chairperson of Qatar Foundation for Education, Science and Community Development Sheikha Moza bint Nasser met at Qatar National Convention Centre...

Gulf Keystone wins UK court case over Kurdistan oilfield ownership 10 Sep 2013 - 01:15 pm

LONDON: A court ruled in favour of Kurdistan-focused explorer Gulf Keystone in a case over its ownership of giant oil fields, removing a...

Qatar Central Bank says money market still liquid 10 Sep 2013 - 12:41 pm

DOHA: Qatar Central Bank will continue draining the same amount from the money market through monthly Treasury bill auctions despite a recent drop...

Turkey sees current oil prices adding $3bn in extra costs 10 Sep 2013 - 12:35 pm

ISTANBUL: Turkish Energy Minister Taner Yildiz said on Tuesday Turkey would face annual additional costs of $3 billion if global oil prices stay...

Assistant Foreign Minister for Foreign Affairs meets Canadian official 10 Sep 2013 - 11:51 am

DOHA: HE the Assistant Minister for Foreign Affairs Ali bin Fahad Al-Hajri met on Tuesday morning with the head of the Middle East...

Glencore Xstrata merger to produce $2bn in savings 10 Sep 2013 - 11:50 am

ZURICH: Newly-merged mining giant Glencore Xstrata announced Tuesday that its fusion will create synergies allowing it to save at least $2.0 billion or...

Houses on fire as fighting erupts in Zamboanga 10 Sep 2013 - 11:37 am

Smoke billows from a residential area in Zamboanga where security forces are battling hundreds of rebels who are holding dozens of civilian hostage....

First Gulf Bank of Abu Dhabi to cut 10pc of workforce 10 Sep 2013 - 11:01 am

ABU DHABI: First Gulf Bank (FGB), the United Arab Emirates' third largest bank, is cutting about 300 jobs, equivalent to nearly 10 percent...

At least 43 dead in Guatemala bus crash 10 Sep 2013 - 10:51 am

GUATEMALA CITY: A bus carrying scores of passengers plunged off a steep cliff in western Guatemala Monday, leaving at least 43 people dead...

Jaguar to spend $2.4bn in new sports car drive 10 Sep 2013 - 10:50 am

LONDON: British luxury automaker Jaguar unveiled a $2.4 billion investment in a new range of lightweight aluminium sports and cross-over cars aimed at...

Bus collision in Iran kills 44, injures 39 10 Sep 2013 - 10:25 am

TEHRAN: A collision between two buses in Iran killed 44 people and injured 39 others, the ISNA news agency reported on Tuesday, in...

Dozens of bushfires break out in Australia 10 Sep 2013 - 10:10 am

SYDNEY: Dozens of bushfires broke out in Australia on Tuesday, with seven firefighters injured battling blazes in areas west of Sydney that have...

TEPCO finds high radiation in Fukushima groundwater 10 Sep 2013 - 09:50 am

Tokyo Electric Power Company's (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant in Fukushima prefecture is pictured in this combination photo taken December 15,...

Almarai shareholders approve 50pc capital hike 10 Sep 2013 - 09:24 am

DUBAI: Saudi Arabia's Almarai has received shareholder approval to increase its capital by 50 percent to 6 billion Saudi riyals or $1.60 billion,...

Exchange Rates in Qatar 10 Sep 2013 - 09:21 am

Exchange Rates in Qatar DOHA: Exchange Rates for foreign currencies as issued on Tuesday Qatar National Bank (QNB) are as following: Currency Buying...