Business

Dreamliner back in air, says Qatar Airways 01 Aug 2013 - 04:46 am

FRANKFURT/DOHA: A Qatar Airways 787 Dreamliner grounded last week amid reports of a problem with an electrical panel in the aircraft has resumed...

QIIC net profit increases to QR35.8m 01 Aug 2013 - 04:46 am

Doha: Qatar Islamic Insur-ance Company (QIIC) has disclosed the semi annual financial statements for the period ending June 30, 2013. The financial statements...

European shares close higher 01 Aug 2013 - 04:45 am

LONDON: Europe’s main stock markets closed in the green yesterday in cautious deals before the outcome of the US Federal Reserve’s latest monetary...

Iran grants Syria $3.6bn credit to buy oil products 01 Aug 2013 - 04:44 am

AMMAN: Syria and Iran signed a deal this week to activate a $3.6bn credit facility to buy oil products to shore up President...

QE market cap up by 4.44pc in July 01 Aug 2013 - 04:44 am

DOHA: Qatar Exchange (QE) gained 429.42 points, or 4.63 percent during July 2013, as compared to the previous month, to close at 9,704.98...

Fed maintains bond-buying programme, keeps rates 01 Aug 2013 - 04:44 am

WASHINGTON: The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying programme yesterday, saying growth was modest in the world’s...

India proposes new steps to stem rupee slide 01 Aug 2013 - 04:43 am

NEW DELHI: India yesterday stepped up its battle to halt the rupee’s plunge, proposing to raise funds abroad through “quasi-sovereign” bond issues and...

Job cuts loom as EADS changes name to Airbus 01 Aug 2013 - 04:42 am

A file picture of visitors looking at aircraft models at the EADS booth during the ILA Berlin Air Show in Selchow near Schoenefeld...

Opec oil output falls on Libya, Iraq turmoil 01 Aug 2013 - 04:42 am

LONDON: Opec crude output hit a four-month low in July as unrest and conflict in Libya and Iraq disrupted supplies, a Reuters survey...

China, India gain upper hand as potash cartel crumbles 01 Aug 2013 - 04:36 am

MUMBAI/BEIJING: Agriculture in China and India will be the biggest winner after Russia’s Uralkali walked away from one of the world’s two big...

Ooredoo revenue surges to QR17.1bn in H1 31 Jul 2013 - 01:28 am

DOHA: Telecom major Ooredoo’s revenue rose 4.7 percent to QR17.1bn in the first half of 2013, compared to the same period in 2012....

Al Khaliji nets QR290.5m profit 31 Jul 2013 - 01:27 am

Sheikh Hamad bin Faisal bin Thani Al Thani & Rob McCall DOHA: Al Khaliji (KCBK) reported a net profit of QR290.5m for the...

QIB launches new website, domain name 31 Jul 2013 - 01:26 am

DOHA: Qatar Islamic Bank (QIB) has announced the launch of its new website with an enhanced look and feel. QIB has added a...

QE advances despite delayed trading 31 Jul 2013 - 01:26 am

DOHA: Qatar Exchange (QE) traded for shorter hours yesterday due to a technical snag. Despite a delayed trading the benchmark index added 26.82...

VW first half profits plunge 46pc 31 Jul 2013 - 01:23 am

A Volkswagen employee picking up a logo to be fitted on the VW Tiguan and Touran models. Volkswagen, Europe’s biggest car maker, said...

Dollar up, stocks pare gains 31 Jul 2013 - 01:21 am

A screen showing the main index IBEX 35 at Madrid’s Stock Exchange Market, Spain, yesterday. The IBEX 35 rose shortly after the opening...

IMF warns Dubai on debt, surging property prices 31 Jul 2013 - 01:21 am

DUBAI: The International Monetary Fund (IMF) warned Dubai yesterday that the emirate might need to intervene in its property market to prevent another...

Mideast turmoil cuts into world oil supply 31 Jul 2013 - 01:21 am

LONDON: The fall of Middle East regimes and renewed conflict there have squeezed oil supply, returning the region’s politics to the fore as...