Business

Ahli United Bank posts $502.2m net profit 31 Oct 2013 - 12:55 am

DOHA: Ahli United Bank (AUB) reported a net profit attributable to its equity shareholders of $502.2m for the nine months ended September 30,...

Brent above $109 on Libya, WTI falls on US stock build 31 Oct 2013 - 12:54 am

LONDON: Brent edged higher above $109 a barrel yesterday as export disruptions in Libya cut supplies to Europe and Asia, while the benchmark...

Commercial Bank posts QR1.30bn net profit 31 Oct 2013 - 12:53 am

DOHA: Commercial Bank of Qatar delivered a net profit of QR1.30bn for the nine months ended September 30, 2013. The bank’s total assets...

QFC Authority honoured with Best Financial Centre in Mideast award 31 Oct 2013 - 12:46 am

Doha: The Qatar Financial Centre Authority said yesterday that it has won the Global Investor/ISF magazine “Best Financial Centre in the Middle East”...

NBC drives up Comcast profit 31 Oct 2013 - 12:31 am

Pedestrians walk past an NBC logo outside Rockefeller Center in New York. Comcast Corp posted net income that beat analyst estimates, as the...

KPMG appoints Craig, Andreas as partners 31 Oct 2013 - 12:29 am

Doha: KPMG in Qatar yesterday announced the appointment of Craig Richardson (pictured left) as partner, Head of Tax, and Andreas Philippou (pictured right)...

Russia targets Gazprom’s LNG monopoly 31 Oct 2013 - 12:27 am

MOSCOW: The Russian government took aim yesterday at Gazprom’s 25-year monopoly on gas exports by laying the groundwork for other companies to begin...

Spain escapes recession in Q3 31 Oct 2013 - 12:27 am

MADRID: Spain escaped from a two-year recession in the third quarter of this year with growth of 0.1 percent, official data showed yesterday,...

Vedanta gets shareholder nod for India buyout offers 31 Oct 2013 - 12:26 am

Bangalore: Mining conglomerate Vedanta Resources Plc won the backing of its shareholders to offer up to $3.48bn to buy the Indian government’s minority...

Iraq embraces China’s growing dominance in oil sector 31 Oct 2013 - 12:25 am

BAGHDAD: From the giant southern oilfields to the lively souqs of Basra, China is drilling ever deeper into Iraq. Driven by an insatiable...

Apicorp chief wins Newsmaker of the Year award 31 Oct 2013 - 12:06 am

Apicorp Chief Executive Ahmad bin Hamad Al Nuaimi (centre) receiving the award. Doha: Ahmad bin Hamad Al Nuaimi, Chief Executive & General Manager...

Qatari bourse index adds 23.92 points 31 Oct 2013 - 12:05 am

Doha: Qatar Exchange added yesterday 23.92 points or 0.25 percent to reach 9,757.11 points from the previous closing of 9,733.19 points on Tuesday. ...

Morocco solar power project gets €654m German loan 31 Oct 2013 - 12:04 am

RABAT: Morocco has secured a ¤654m loan from German state-owned bank KFW to part-finance two solar power plants totalling 300 megawatts worth an...

Japan launches WTO dispute over Ukraine’s auto duties 31 Oct 2013 - 12:03 am

GENEVA: Auto giant Japan yesterday challenged Ukraine over what it claims are unfair car import duties imposed by the ex-Soviet republic, the World...

Qatargas delivers inaugural LNG cargo to CNOOC’s Zhuhai terminal 30 Oct 2013 - 01:15 am

Al Gattara LNG vessel docked at Zhuhai LNG terminal in China. DOHA: Qatargas has delivered the first cargo of Liquefied Natural Gas (LNG)...

Qatar Airways to place new orders in Nov 30 Oct 2013 - 01:13 am

DOHA: Qatar Airways, the launch customer for Airbus’s A350, expects the European planemaker to start delivering the aircraft by the second half of...

Riyadh luxury auto show 30 Oct 2013 - 01:12 am

A Lamborghini car is displayed at a luxury car exhibition in Riyadh yesterday.

Qatar Central Bank real estate price index rises in September 30 Oct 2013 - 01:11 am

DOHA: The 2013 third quarter update of Qatar Central Bank’s (QCB) real estate price index underlines Qatar’s real estate market is on the...