Business

Energy City to be mixed-use facility 29 Jul 2013 - 01:44 am

Energy City Qatar CEO Hesham Al Emadi. (SHAIVAL DALAL) By Satish Kanady DOHA: Energy City Qatar (ECQ), the estimated $3bn project launched to...

Whitehill starts role as Vodafone Qatar CEO 29 Jul 2013 - 01:43 am

DOHA: Kyle Whitehill (pictured), the newly-appointed CEO of Vodafone Qatar, has taken up his role. Commenting on his appointment, Vodafone Qatar’s Chairman Sheikh...

Maersk Oil releases Sustainability Report 29 Jul 2013 - 01:41 am

Al Shaheen, Qatar’s largest offshore oil field, operated by Maersk Oil Qatar. Doha: Maersk Oil Qatar, Operator of Qatar’s largest offshore oil field...

Qatar bourse sheds 0.41pc; Kuwait rises 29 Jul 2013 - 01:41 am

Doha: The Qatar Exchange was down yesterday 40.15 points (0.41pc) to 9,654.55 points from the previous closing of 9,694.70 points. The volume of...

Woqod’s H1 net profit falls by 1.4 percent 29 Jul 2013 - 01:41 am

DOHA: Qatar Fuel’s (WOQOD) net profit for the first half of 2013 (H1 2013) has declined by QR8m or 1.4 percent, compared to...

Alfardan Automobiles records 28pc rise in BMW sales 29 Jul 2013 - 01:39 am

DOHA: Alfardan Automobiles, the official BMW Group importer in Qatar, has registered a 28 percent and 9 percent growth in BMW and MINI...

QNB Group starts China operations 29 Jul 2013 - 01:38 am

DOHA: Qatar National Bank (QNB) Group has officially started operating its “Qatar National Bank S A Q Shanghai Representative Office” after receiving all...

Mashreq posts 40 percent rise in first half net profit 29 Jul 2013 - 01:37 am

DOHA: Mashreq, the lead financial institution in the Middle East & North Africa with a strong presence in Qatar, has reported a 40...

Publicis, Omnicom announce merger 29 Jul 2013 - 01:27 am

Maurice Levy (left), French advertising group Publicis Chief Executive, and John Wren, head of Omnicom Group at a joint news conference in Paris,...

Indian firm locks horns with Gap 29 Jul 2013 - 01:27 am

NEW DELHI: An Indian recycling company which uses junk to create accessories is fighting a legal trademark suit launched by US clothing giant...

Kabul hopes for Iran deal to boost exports 29 Jul 2013 - 01:27 am

KABUL: Afghanistan hopes an agreement with Iran to use one of its ports will help boost exports to Europe and India and reduce...

Chinese firm denies interest in Israel’s Clal Insurance 29 Jul 2013 - 01:27 am

JERUSALEM: Chinese investment firm Hang Lung Group denied it was in talks to buy a stake in Israeli insurance company Clal Insurance from...

US Treasury Secretary warns Congress against repeat of fiscal logjam 29 Jul 2013 - 01:26 am

WASHINGTON: US Treasury Secretary Jack Lew yesterday warned Congress against manufacturing a crisis over federal spending in the months ahead, as looming deadlines...

Weekly Money Market Review with IBQ: Markets speculate a change in US interest rates 29 Jul 2013 - 01:25 am

The Federal Reserve is on track to keep its $85bn-a-month bond-buying program in place at its next policy meeting. Federal Reserve Chairman, Ben...

Italian Zuckerberg 28 Jul 2013 - 01:54 am

Matteo Achilli with a copy of the Italian magazine Panorama Economy, which features him on the cover, in his office in Formello, north...

Qatar’s LNG boost key for MENA growth 28 Jul 2013 - 01:53 am

DOHA: Despite a growth in the MENA region’s oil exporting countries, the hydrocarbon production of these nations is likely to level off in...

Iraq economy hit by surging violence 28 Jul 2013 - 01:52 am

A boy inspects the site of a car bomb attack in the town of Muqdadiya, 80 km northeast of Baghdad. BAGHDAD: A spike...

Jordan’s Arab Bank sees profit rise this year 28 Jul 2013 - 01:51 am

AMMAN: Jordan’s Arab Bank, one of the largest Middle East financial institutions, expects double-digit growth in net profit in 2013, bank officials said...