Business

Talco props up Tajik growth 20 Nov 2012 - 12:29 am

A general view of the Tajikistan Aluminium Co’s aluminium smelter complex, known as Talco, in the town of Tursunzade, some 50km west from...

Qatar bourse index adds 3.60 points 20 Nov 2012 - 12:29 am

Doha: Qatar Exchange index yesterday added 3.60 points or 0.04 percent to advance to 8,380.92 points from 8,377.32 on Sunday. The volume of...

Iraq industries attract growing investment 20 Nov 2012 - 12:28 am

BAGHDAD: Iraqi industry is beginning to shake off the legacy of years of violence and economic decline, with private investment in the sector...

Egypt to offer $1.5bn in treasury bills 20 Nov 2012 - 12:28 am

CAIRO: Egypt’s central bank said it would offer $1.5bn in one-year dollar-denominated treasury bills at a November 26 auction, rolling over bills maturing...

RBS Irish unit fined $2.5m over capital rules 20 Nov 2012 - 12:28 am

DUBLIN: The Irish Central Bank has fined Royal Bank of Scotland’s Irish unit ¤2m ($2.5m) for violating liquidity and capital rules, in the...

Saudi oil burning hits record high this year 20 Nov 2012 - 12:27 am

DUBAI: Saudi Arabia burned record volumes of crude oil over the summer, official government figures show, contrary to its aim of using more...

QInvest signs $106.7m co-financing pact 19 Nov 2012 - 08:20 am

Officials at the signing ceremony. DOHA: Mazaya Qatar Real Estate Development Company QSC has signed a dual-currency, $106.7m 8-year syndicated facility to finance...

Qatar to invest $13.1bn in power sector 19 Nov 2012 - 08:20 am

By Satish Kanady DOHA: Qatar is set to invest an estimated $13.1bn in power sector during the next eight years. Most of the...

PM to open Euromoney meet 19 Nov 2012 - 08:19 am

DOHA: Euromoney Qatar Conference, the major event set for Qatar in December, has announced its opening day line-up of financial experts from around...

Qatari bourse index down 0.84 percent 19 Nov 2012 - 08:19 am

Doha: Qatar Exchange index was down 71.17 points or 0.84 percent to 8,377.32 points yesterday from the previous closing of 8,448.49 points. Among...

Mahmoud Malkawi is Ahli Bank Acting CEO 19 Nov 2012 - 08:17 am

DOHA: The Board of Directors of Ahli Bank recently appointed Mahmoud Malkawi as Acting CEO. Malkawi was previously the Deputy CEO - Corporate...

Emaar’s apartment sales jump in third quarter 19 Nov 2012 - 08:07 am

DUBAI: Emaar Properties’, revenue from apartments sales more than tripled in the third quarter, helping Dubai’s largest developer overcome a sharp decline in...

Doha meet provides Mena input on Business World Trade Agenda 19 Nov 2012 - 08:06 am

Qatar Chamber and ICC Qatar Chairman Sheikh Khalifa bin Jassim bin Mohammed Al Thani (centre) with other officials in Doha. DOHA: Business leaders...

Aviation Business honours Qatar Executive 19 Nov 2012 - 08:05 am

Dubai: Qatar Airways’ corporate jet division Qatar Executive has been honoured with the Best Business Aviation Operator of the Year 2012 award by...

Asia-Pacific to launch talks on giant free trade zone 19 Nov 2012 - 08:03 am

PHNOM PENH: Southeast Asian nations will launch talks this week for a giant free trade pact with China, Japan, India and other neighbours...

Zuari plans fertiliser plant in the UAE 19 Nov 2012 - 08:02 am

ABU DHABI: Indian fertiliser maker Zuari Industries has signed a memorandum of understanding to set up an $800m manufacturing facility in the UAE....

Tunisia needs $4.4bn in loans, aid next year, says Minister 19 Nov 2012 - 08:02 am

TUNIS: Tunisia’s government will need about 7bn dinars ($4.4bn) of loans and aid next year as it proceeds with a costly plan to...

Google’s Android is eating Apple’s lunch 19 Nov 2012 - 08:01 am

SAN FRANCISCO: Smartphones and tablets powered by Google’s Android software are devouring the mobile gadget market, eating into Apple’s turf by feeding appetites...