Business

Yuan emerging as global reserve currency 22 Apr 2013 - 06:19 am

Marios Maratheftis (centre), Global Head of Macro Research, Standard Chartered Bank (SCB), addressing the media at Grand Hyatt in Doha yesterday. Also present...

Mannai Corp Q1 profit rises to QR86.6m 22 Apr 2013 - 06:19 am

DOHA: Mannai Corporation yesterday announced its first quarter financials for January to March, 2013. The company’s net profit was up 15 percent to...

UDC profit rises 16pc to QR229m in first quarter 22 Apr 2013 - 06:18 am

Sheikh Ahmed bin Nasser bin Faleh Nasser Al Thani (left) and Ebrahim Al Sulaiti DOHA: United Develo-pment Company’s (UDC) net profit for the...

Doha Round top agenda of 8th World Chambers Congress 22 Apr 2013 - 06:18 am

DOHA: The 8th World Chambers of Congress, the year’s biggest international gathering of chamber and business leaders, opens at Qatar National Conventional Centre...

HSBC reviewing Iraq operations 22 Apr 2013 - 06:17 am

DUBAI: HSBC Holdings is reviewing its operations in Iraq while continuing to invest in Egypt despite a challenging near-term environment there, the bank’s...

RasGas taps into liquid markets in NW Europe 22 Apr 2013 - 06:17 am

Doha: RasGas Company Ltd (RasGas) just delivered its first commercial liquefied natural gas (LNG) cargo to GATE (Gas Access Terminal Europe) in Rotterdam,...

Banking M&A deals on rise in Mideast: PwC 22 Apr 2013 - 06:16 am

DOHA: High oil prices and the associated flow of money through the Middle East economy have helped banks in some parts of the...

First-ever Qafac workshop on MTBE tomorrow 22 Apr 2013 - 06:16 am

Doha: A historic milestone in the oil and gas industry in Qatar and the region is taking place tomorrow as the first-ever ‘Qafac...

Qatar bourse index up 22 Apr 2013 - 06:16 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 4.52 points (or 0.05 percent) to advance to 8,426.78 points from 8,422.26 on Thursday....

Apec ministers agree to promote FTAs 22 Apr 2013 - 06:15 am

Tokyo: Trade ministers from the Asia-Pacific Economic Cooperation forum agreed yesterday to promote free trade agreements in the Asia-Pacific region, just a day...

Doha Insurance posts QR21.31m net profit in Q1 22 Apr 2013 - 06:15 am

Doha: Doha Insurance Company disclosed the interim financial statement for the three-month period ended March 31, 2013. The financial statements revealed a net...

Weakly Money Market Review with IBQ: Commodities price fall reflects US dollar’s strength 22 Apr 2013 - 06:14 am

Investors have been lacking direction this week with equity markets down and commodity markets taking a large hit on Monday. Italy’s lawmakers failed...

International Islamic posts QR185.3m Q1 profit 21 Apr 2013 - 04:12 am

Sheikh Dr Khalid bin Thani Al Thani & Abdulbasit A Al Shaibei DOHA: International Islamic (QIIB) has recorded a net profit of QR185.3m...

Tehran exhibition 21 Apr 2013 - 04:12 am

Visitors at the 18th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran yesterday.

GCC states need to adjust policies as oil prices dip 21 Apr 2013 - 04:11 am

By Satish Kanady DOHA: Qatar, among other hydrocarbon-exporting countries in the region, needs to adjust its policies in response to a possible lower...

Sabic’s Q1 net profit falls 10pc 21 Apr 2013 - 04:11 am

RIYADH: Saudi Basic Industries Corp (Sabic), the world’s biggest petrochemicals group, posted a 10 percent year-on-year fall in its first quarter net profit...

Switzerland ‘will be forced’ to give up bank secrecy 21 Apr 2013 - 04:09 am

GENEVA: Switzerland will likely have no choice but to give up its cherished bank secrecy practices amid mounting international pressure to fight tax...

PM’s initiatives helped solve private sector concerns: Qatar Chamber 21 Apr 2013 - 04:08 am

DOHA: The consultative meetings held by the Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani with...