Business

Al Sada meets Swaziland Energy Minister 30 Apr 2014 - 07:47 am

DOHA: H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, received Jabulile Mashwama, the Minister of Natural Resources...

QNET to ensure ethical distributor practices 30 Apr 2014 - 07:47 am

Doha: Prominent direct selling company QNET is launching new initiatives in the region to provide people a better understanding of exactly what direct...

Alfardan Automobiles sales grow 20pc in Q1 30 Apr 2014 - 07:46 am

DOHA: The year got off to a good start for the BMW Group importer Alfardan Automobiles as it saw a 20 percent increase...

WEF launches Executive Opinion Survey 30 Apr 2014 - 07:46 am

DOHA: The World Economic Forum in partnership with the Qatari Businessmen Association and Social Economic Survey Research Institute in Qatar University has announced...

Qatar among fastest growing healthcare markets: Alpen 30 Apr 2014 - 07:46 am

Doha: Qatar and the UAE are expected to be the fastest growing markets in GCC over 2013-18, said a report released by Alpen...

QE loses 69.29 points more 30 Apr 2014 - 07:45 am

Doha: Qatar Exchange ended in the red area when trading closed yesterday at 12,626.95 points, down 69.29 points, or 0.55 percent, from the...

China secures Abu Dhabi oil production deal 30 Apr 2014 - 07:45 am

DUBAI/BEIJING: China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel...

Gazprom warns more sanctions could hit its gas exports 30 Apr 2014 - 07:44 am

MOSCOW: Russian natural gas exporter Gazprom said yesterday further Western sanctions over Ukraine could potentially disrupt its gas exports to Europe and hit...

BP raises dividend again, plans more share buybacks 30 Apr 2014 - 07:44 am

LONDON: BP raised its quarterly dividend for the second time in six months and said more share buybacks were on the cards, showing...

Moody’s lifts Greek banks to stable 30 Apr 2014 - 07:44 am

ATHENS: Credit rating agency Moody’s yesterday upgraded the Greek banking system from negative to stable. “The outlook for the Greek banking system has...

Apple supplier Cirrus to buy UK’s Wolfson 30 Apr 2014 - 07:43 am

LONDON: US chip maker Cirrus Logic Inc is to buy Wolfson Microelectronics for an agreed £291m in cash, sending shares in the British...

Bitcoin traders settle lawsuits over Mt Gox 30 Apr 2014 - 07:43 am

New York: US and Canadian customers of failed Tokyo-based bitcoin exchange Mt Gox have agreed to settle their proposed class action lawsuits that...

RAK Ceramics’ big shareholder to sell stake 30 Apr 2014 - 07:43 am

DUBAI: Ras Al Khaimah Ceramics said yesterday that its founding shareholder had agreed to sell 30.6 percent of his stake in the company...

EU accepts Samsung offer on basic patents, raps Motorola 30 Apr 2014 - 07:42 am

BRUSSELS: The European Commission yesterday accepted commitments by Samsung to allow competitors access to key basic patents, but rapped Google-owned Motorola for pursuing...

Nokia returns to profit in Q1 30 Apr 2014 - 07:42 am

HELSINKI: Finnish telecom company Nokia said yesterday it returned to profit in the first quarter, despite falling revenue, just days after officially handing...

Bharti Airtel quarterly profit soars 89pc 30 Apr 2014 - 07:42 am

NEW DELHI: India’s top mobile phone firm, Bharti Airtel, reported quarterly profit soared 89 percent from a year earlier, helped by an easing...

Big jump in project contracts 30 Apr 2014 - 06:33 am

by Satish Kanady DOHA: Qatar’s projects market, the third largest in the GCC with a value of $277bn, is set to gain further...

GIS 2014 profit to top QR900m after buyout 29 Apr 2014 - 12:31 am

DOHA: With the Gulf Drilling International (GDI) becoming the wholly-owned subsidiary of Gulf International Services (GIS), after completing the acquisition of the 30...