Business

StanChart names head of mergers and acquisitions for Mena region 21 Feb 2013 - 10:01 am

Dubai: Standard Chartered announced yesterday the appointment of Tom Emmet as Head of Mergers and Acquisitions (M&A) for the Middle East and North...

Qatar key market for Lufthansa 21 Feb 2013 - 10:00 am

From left: Peter Pollak, General Manager UAE and Director Gulf, Afghanistan & Iraq, Randa El Massry, General Manager, Passenger Sales, Qatar, and Carsten...

Air Asia and India’s Tata propose joint airline 21 Feb 2013 - 10:00 am

MUMBAI: Asia’s largest low-cost carrier AirAsia yesterday announced plans to invest in an airline joint venture with India’s giant Tata conglomerate and another...

Volvo Cars to shed 1,000 jobs: Report 21 Feb 2013 - 10:00 am

STOCKHOLM: Volvo Cars, which is owned by Chinese auto maker Geely, is to cut up to 1,000 jobs by the end of the...

Expert cautions on core sector project delays 20 Feb 2013 - 01:04 am

Dr Rupert Booth, Senior Economist at ATKINS, addressing audience on the last day of Qatar Projects 2013 conference. Kammutty V P BY MOHAMMAD...

75-inch Samsung Smart TV 20 Feb 2013 - 01:02 am

A model displays Samsung Electronics’ new 75-inch F8000 Smart LED TV during a media conference in Seoul, yesterday. The South Korean firm launched...

LA Mayor to lead trade mission to Qatar 20 Feb 2013 - 12:45 am

LOS ANGELES: The Mayor of Los Angeles, Antonio Villaraigosa, said that he would lead a trade and investment mission to Qatar later this...

Inflation rate to remain between 3-4pc 20 Feb 2013 - 12:44 am

DOHA: Inflation is expected to remain between three and four percent during 2013-2014, but as infrastructure-related construction activities pick up momentum, it is...

Investors look for less political risks, more liquidity in Mena 20 Feb 2013 - 12:44 am

DOHA: Less political risk and improved market liquidity remain priorities for investors in the Mena region, a QFC Authority-supported Mena Asset Management Survey...

2,725 factories in the Gulf, says GOIC report 20 Feb 2013 - 12:42 am

Doha: The Gulf Organisation for Industrial Consulting (GOIC) has released the 103rd volume of its Industrial Cooperation in the Arabian Gulf Journal. The...

LG’s Optimus G Pro 20 Feb 2013 - 12:40 am

Models displaying LG Electronics’ new smartphone Optimus G Pro during a press conference in Seoul. LG Electronics unveiled the latest version of its...

European stocks jump on positive German data 20 Feb 2013 - 12:39 am

LONDON: European stocks rallied yesterday, propelled by news of soaring investor sentiment in eurozone powerhouse Germany. London’s FTSE 100 index of leading companies...

Brent, US crude rise 20 Feb 2013 - 12:38 am

NEW YORK: Oil prices rose yesterday as traders grew bullish amid a rally in U.S. stock markets, even as U.S. pipeline bottlenecks and...

QNB to host IIF Mena bank officials’ meeting 20 Feb 2013 - 12:38 am

DOHA: QNB Group will host the 16th annual meeting of the International Institute of Finance (IIF) for Middle Eastern and North African Bank...

Masraf Al Rayan to pay 10pc cash dividend 20 Feb 2013 - 12:37 am

Doha: Masraf Al Rayan has announced the distribution of 10 percent cash (QR 1) dividend of the par value of its share to...

Microsoft switches Hotmail accounts 20 Feb 2013 - 12:37 am

NEW YORK: Microsoft said yesterdasy that it had begun switching Hotmail accounts to Outlook.com as it officially launches its revamped email service. “Starting...

Iraq greenlights gas pipeline agreement with Iran, Syria 20 Feb 2013 - 12:37 am

BAGHDAD: Iraq yesterday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would...

EU talks to cap bankers’ bonuses stall 20 Feb 2013 - 12:35 am

BRUSSELS: Negotiations to introduce a cap on bankers’ bonuses in the European Union stalled yesterday, after EU countries and the bloc’s parliament clashed...