Business

Oil prices slide over China’s economic woes 13 Mar 2013 - 12:56 am

LONDON: Global oil prices drifted lower yesterday, as Chinese economic worries overshadowed last week’s upbeat US non-farm payrolls data, dealers said. Brent North...

Saudi, Qatar bourses dip; most Gulf markets up 13 Mar 2013 - 12:46 am

DUBAI: Saudi Arabia’s bourse made its largest one-day decline in two weeks yesterday as some investors reduced their market exposure ahead of the...

Clear skies ahead for QA’s cargo business 13 Mar 2013 - 12:45 am

The Minister of Economy and Finance H E Yousuf Hussein Kamal flanked by CEO of Qatar Airways Akbar Al Baker (left) and IATA...

MultaQa conference ends 13 Mar 2013 - 12:44 am

The Chief Executive of Lusail Real Estate Development Company, Essa Mohammed Ali Kaldari, delivering a keynote speech at the MultaQa Qatar conference yesterday....

QR1.17bn net profit for Barwa Real Estate 13 Mar 2013 - 12:44 am

DOHA: Barwa Real Estate Group announced yesterday its financial results for the year ended December 31, 2012. The group’s results showed a net...

Cargo business facing difficulties, says IATA chief 13 Mar 2013 - 12:42 am

DOHA: The global air cargo business has been facing difficulties for the last couple of years. In 2012, the industry witnessed two percent...

Real estate transactions worth over QR585m last week: Report 13 Mar 2013 - 12:41 am

Doha: Real estate transactions between March 3 and 7 registered at the Ministry of Justice are worth QR585,484,538, the real estate registration department...

Gulf states buy stake in Virgin Mobile 13 Mar 2013 - 12:32 am

DUBAI: Gulf Investment Corp (GIC) will invest $50m in Virgin Mobile’s Middle East operation, a sign that the region may be ready to...

Mena insurance sector to grow faster: QFCA 12 Mar 2013 - 05:03 am

The Minister of Finance and Economy H E Yousuf Hussein Kamal (second left), Qatar Financial Centre (QFC) Authority Managing Director Abdulrahman Al Shaibi...

Vibrant insurance sector key to strong economy: QFCA chief 12 Mar 2013 - 05:02 am

Dr Schanz, Alms and Company Chairman and Principal Partner Dr Kai Uwe Schanz addressing dignitaries during the annual Multaqa Qatar Conference at the...

QIIC to consolidate its market position this year: Chairman 12 Mar 2013 - 05:01 am

Qatar Islamic Insurance Company (QIIC) Chairman Sheikh Abdullah bin Thani Al Thani (centre), Chief Coordinator Dr Sheikh Khalid bin Thani Al Thani (second...

Al Meera sales jump 12 Mar 2013 - 05:00 am

Al Meera Consumer Goods Company Chairman H E Abdulla bin Khalid Al Qahtani and Vice Chairman Dr Saif Said Al Sowaidi, attending the...

New identity for CBI 12 Mar 2013 - 04:59 am

CEO Kris Babicci and Chairman Mohammad Sultan Al Qadi posing for a picture. DOHA/DUBAI: Commercial Bank International (CBI), a growing UAE bank, has...

Geospatial forum begins tomorrow 12 Mar 2013 - 04:58 am

DOHA: Geospatial Media & Communications, in association with the Centre for GIS, MMUP, State of Qatar, is hosting a two-day conference and exhibition...

Capital Intelligence affirms QNB’s ‘AA-’ ratings 12 Mar 2013 - 04:57 am

DOHA: Capital Intelligence (CI), the international credit rating agency, has affirmed Qatar National Bank (QNB)’s Financial Strength Rating at ‘AA-’. The affirmation reflects...

Qatari bourse index rises by 0.28 percent 12 Mar 2013 - 04:57 am

Doha: Qatar Exchange pursued its upward trend, adding 23.47 points (or 0.28 percent) yesterday to advance to 8,544.41 points from 8,520.94 on Sunday....

European stocks end mixed 12 Mar 2013 - 04:56 am

LONDON: European stock markets closed yesterday with mixed but mainly weaker results as disappointing Chinese economic data offset positive job numbers out of...

Qatar’s quarterly debt issues expand policy arsenal 12 Mar 2013 - 04:55 am

DUBAI: Qatar’s plan to issue local currency government bonds every quarter should help it tackle three key issues at once: Managing liquidity in...