Business

Aamal to introduce Gettco products 05 Dec 2012 - 08:35 am

DOHA: Aamal Company QSC (Aamal) has announced the expansion of its Aamal Trading and Distribution business with the introduction a new consumer products...

Qafco-6 project to be launched next Tuesday 05 Dec 2012 - 08:34 am

Doha: Qatar Fertilizers Company (Qafco) has announced that it will launch next Tuesday the QR2.2m Qafco-6 expansion project in Mesaieed Industrial City. Qafco...

Qatar National Bank launches debt fund 05 Dec 2012 - 08:33 am

DOHA: The Qatar National Bank (QNB), a leading regional lender, has launched a debt (bond) fund which is open for subscription to retail...

Arabtec bags QR2.3bn Msheireb contract 05 Dec 2012 - 08:32 am

Officials from the Msheireb Properties and Arabtec Construction consortium during the signing ceremony. Doha: Msheireb Properties, Qatar’s leading sustainable real estate developer, announced...

Banking sector props up Qatar bourse index 05 Dec 2012 - 08:32 am

Doha: Qatar Exchange ended its losing streak yesterday adding 24.87 points or 0.30 percent to advance to 8,353.95 points from 8,329.08 on the...

Taqa, GIB to price bonds in late-year Gulf flurry 05 Dec 2012 - 08:31 am

DUBAI: Abu Dhabi National Energy Co (Taqa) is preparing to price a two-tranche dollar-denominated bond issue, maturing 2018 and 2023, after roadshows concluded...

Shareholders haggle over details of Eads shake-up 05 Dec 2012 - 08:30 am

LONDON: Bankers, civil servants and industrialists were squeezing out final concessions in talks to shake up aerospace group Eads yesterday, people familiar with...

QFIB expands interests in Turkey 04 Dec 2012 - 09:53 am

Abdulla bin Fahad Al Marri Doha: Qatar First Investment Bank (QFIB), Qatar’s first independent Shariah compliant bank authorised by the QFC Regulatory Authority,...

Sound IR practices need of hour, says CEO of QE 04 Dec 2012 - 09:49 am

Doha: Qatar Exchange (QE) yesterday hosted the “Success in Digital Investor Relations (IR)” workshop and the 4th Annual KWD Webranking Survey Awards for...

European stocks, euro rise 04 Dec 2012 - 09:49 am

LONDON: European stocks and the euro rose yesterday, with Frankfurt and Paris hitting highs for the year in the wake of positive Chinese...

Qatari bourse index down 04 Dec 2012 - 09:49 am

Doha: Qatar Exchange was down 29.58 points or 0.35 percent to 8,329.08 points yesterday from the previous closing of 8,358.66 points. Among the...

Jordan raises rate on dinar deposits 04 Dec 2012 - 09:48 am

AMMAN: Jordan raised its overnight rate on dinar deposits yesterday by 75 basis points to 4 percent, acting to bolster the currency and...

Asiacell to launch IPO on Jan 3 04 Dec 2012 - 09:48 am

DUBAI: Iraqi telecom operator Asiacell will launch its long-awaited initial public offering (IPO) on January 3, a company spokesman said yesterday, in what...

QIB UK closes seventh Islamic structured note 04 Dec 2012 - 09:47 am

DUBAI: London-based QIB UK, a subsidiary of Qatar Islamic Bank, has closed its seventh Islamic capital-protected note with plans to roll out similar...

Al Sada meets Ethiopian Minister 04 Dec 2012 - 09:47 am

H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry and Chairman & Managing Director of Qatar Petroleum (QP),...

S&P reaffirms Nakilat rating as ‘stable’ 04 Dec 2012 - 09:45 am

Doha: Rating agency Standard & Poor’s (S&P) has reaffirmed Nakilat Inc’s AA- rating with a stable outlook. The rating was reaffirmed on November...

Greece launches debt buyback plan 04 Dec 2012 - 09:45 am

BRUSSELS: Greece launched an operation yesterday to buy back privately-held debt at a big discount, with eurozone finance ministers in Brussels studying the...

Even without US cliff, world economy teeters 04 Dec 2012 - 09:45 am

WASHINGTON: The global economy is on edge - and that’s without the US “fiscal cliff.” Among rich nations, the US outlook remains the...