Business

GWC board of directors okays 20pc bonus shares 06 Mar 2013 - 01:29 am

FROM LEFT: Henadi Al Saleh, Jassim J Al Rimaihi, Abdulaziz Zeid Al Taleb, Ahmed Mubarak Naser Al Ali Al Mahdid, Mohammed Ismail Al...

21 hotels to come up by 2017 06 Mar 2013 - 01:28 am

DOHA: Qatar has lined up a total of 21 new hotels for the next five years as part of adding up 45,000 additional...

Dubai Islamic Bank to boost Tier 1 capital via sukuk sale 06 Mar 2013 - 01:28 am

DUBAI: Dubai Islamic Bank (DIB) plans to boost its capital through the sale of a shariah-compliant debt instrument, which would become only the...

Zain’s deputy CEO resigns 06 Mar 2013 - 01:27 am

DUBAI: The deputy chief executive of Kuwait's top telecom operator Zain has resigned, the company said in a statement to the local bourse. ...

Dubai Islamic Bank to boost Tier 1 capital via sukuk sale 06 Mar 2013 - 01:27 am

DUBAI: Dubai Islamic Bank (DIB) plans to boost its capital through the sale of a shariah-compliant debt instrument, which would become only the...

Muntajat ready to market Qafco products 06 Mar 2013 - 01:26 am

From left: The Minister of Energy and Industry and Chairman of the Board of Directors of Muntajat, H E Dr Mohammed bin Saleh...

QFIB hosts Saudi reception for key stakeholders 06 Mar 2013 - 01:25 am

QFIB board members during their visit to Aramco. Doha: Qatar First Investment Bank (QFIB), Qatar’s first independent Shariah compliant bank regulated by Qatar...

QInvest boosts investment banking with new director 06 Mar 2013 - 01:21 am

From left: QInvest CEO, Tamim Hamad Al Kawari, and QInvest new Director, Nasser Abdullah Al Mahmoud. DOHA: QInvest, Qatar’s leading investment bank, as...

Standard Chartered profits steady despite US fine 06 Mar 2013 - 01:21 am

Hong Kong: Standard Chartered yesterday said its net profit was flat in 2012, even after the British lender was hit by huge fines...

Global oil demand growth moderated: Saudi Aramco chief 06 Mar 2013 - 01:20 am

Khalid Al Falih, President and CEO of Saudi Aramco, speaks at the CERAWEEK conference in Houston, yesterday. HOUSTON: Saudi Aramco Chief Executive Khalid...

Many regional bourses plunge 06 Mar 2013 - 01:17 am

Qatar Exchange’s new headquarters at Al Dana Tower, West Bay, is pictured yesterday. Shaival Dalal Doha: Qatar Exchange was down yesterday 33.58 points...

Saudi tycoon says Forbes undervalued his fortune 06 Mar 2013 - 01:17 am

DUBAI: Saudi tycoon Prince Alwalid bin Talal has severed his ties with Forbes magazine’s annual billionaires’ list, which he accused of undervaluing his...

Bahrain set to demand stricter rules from key banks 06 Mar 2013 - 01:17 am

MANAMA: Bahrain’s central bank will require local lenders it sees as key to the stability of the Gulf country’s banking system to take...

Dana Gas starts output from two Egypt fields 06 Mar 2013 - 01:14 am

DUBAI: Dana Gas has increased its gas production in Egypt by about 10 percent with the start up of operations at two new...

Countdown begins for 8th World Chambers Congress 05 Mar 2013 - 04:54 am

QC Chairman Sheikh Khalifa bin Jassim Al Thani (centre), QNB Chief Operating Officer Ali Rashid Al Mohannadi (right) and Saleh Al Mana, Vice...

Upward trend in Qatar’s sukuk issuance: S&P 05 Mar 2013 - 04:54 am

By Satish Kanady DOHA: Sukuk is becoming more important in the Gulf Cooperation Council’s fixed-income market, including Qatar, representing almost half of the...

Minister to open second Bloomberg Doha Conference on April 8 05 Mar 2013 - 04:54 am

Doha: The second Bloomberg Doha Conference, to be jointly hosted by Qatar Financial Centre Authority (QFC Authority), will be held here on April...

Qatar committed to diversification, says Minister 05 Mar 2013 - 04:53 am

The Minister of Business and Trade H E Sheikh Jassim bin Abdulaziz Al Thani (right) with Qatari Business Association Chairman Sheikh Faisal bin...