Business

QIIB elects two new board members 18 Feb 2013 - 06:29 am

Sheikh Dr Khalid bin Thani A Al Thani (fourth left), Chairman & Managing Director of Qatar International Islamic Bank (QIIB), Sheikh Abdullah bin...

Medicare Group’s net profit grows by 14.5 percent 18 Feb 2013 - 06:29 am

DOHA: The Medicare Group’s net profits increased by 14.5 percent for the full year 2012 compared to previous year, Sheikh Abdulla Bin Thani...

Qatar-US trade team heads to Washington 18 Feb 2013 - 06:28 am

DOHA: The US Ambassador to Qatar Susan L Ziadeh and Qatar 2022 Supreme Committee Secretary General Hassan Al Thawadi left for Washington to...

Doha’s property sale transactions up 20pc 18 Feb 2013 - 06:27 am

DOHA: The property market saw a 35 percent growth in the value and a 20 percent increase in the volume of property sales...

Saudi oil exports fell to 7.06m bpd in December 18 Feb 2013 - 06:26 am

DUBAI: Saudi crude exports fell for the fourth month running in December, but the fall in shipments was less dramatic than the drop...

Nakheel in talks to extend $2.18bn loan: Report 18 Feb 2013 - 06:26 am

Dubai: Developer Nakheel is in talks to extend Dh8bn ($2.18 bn) in loans due in 2015, the indebted company’s chairman was quoted as...

Aldar lifts Abu Dhabi; most regional markets dip on profit-taking 18 Feb 2013 - 06:25 am

DUBAI: Shares in Abu Dhabi’s Aldar Properties helped lift the emirate’s benchmark to a 39-month high, with investors expecting strong dividend payouts, while...

Horsemeat controversy 18 Feb 2013 - 05:48 am

The entrance of the Tavola factory of French company Comigel in Capellen near Luxembourg, yesterday. After finding its beef lasagne contained horsemeat, the...

France woos UAE over Rafale fighter jet deal 18 Feb 2013 - 05:47 am

ABU DHABI: France’s senior defence industry lobbyist said yesterday he was confident the United Arab Emirates would buy Rafale fighter jets by 2015-2016,...

Abu Dhabi lays foundation for Pakistan property project 18 Feb 2013 - 05:47 am

ABU DHABI: A member of Abu Dhabi’s royal family says he plans to spend $45bn over up to 15 years on a real...

KFH Q4 net profit rises but misses estimates 18 Feb 2013 - 05:47 am

KUWAIT: Kuwait’s biggest Islamic lender, Kuwait Finance House (KFH) reported a 24 percent rise in fourth-quarter net profit yesterday thanks to its restructuring...

Jordan’s Arab Potash profit falls by a third 18 Feb 2013 - 05:47 am

AMMAN: Jordan’s Arab Potash Company, one of the world’s largest producers of potash, said 2012 net profit fell by more than a third...

Slovakia’s bid to keep US Steel intact amid European meltdown 18 Feb 2013 - 05:46 am

Kosice: As meltdown menaces Europe’s steel sector, Slovakia is scrambling to keep US Steel — the country’s largest single employer — from selling...

Etihad needs to revise Jet Airways deal: Chairman 18 Feb 2013 - 05:46 am

ABU DHABI: Etihad Airways needs to revise its deal to buy a stake in India’s Jet Airways and it is too soon to...

QP signs agreement with Total, Q Analytica 17 Feb 2013 - 04:57 am

Officials during the signing ceremony in Doha. DOHA: Qatar Petroleum (QP), Total E&P Qatar and Q Analytica LLC signed a joint research and...

Muntajat completes transition process of Qafac 17 Feb 2013 - 04:56 am

H E Dr Mohammed bin Saleh Al Sada, Abdulrahman Ali Al Abdulla & Nasser Jeham Al Kuwari DOHA: Muntajat, Qatar’s newly-launched company with...

Turkey-Iran gold-for-gas trade on the wane 17 Feb 2013 - 04:56 am

ISTANBUL: Tighter US sanctions are killing off Turkey’s gold-for-gas trade with Iran and have stopped state-owned lender Halkbank from processing other nations’ energy...

QInvest advises consortium for Chinese acquisition 17 Feb 2013 - 04:55 am

DOHA: QInvest LLC, Qatar’s leading investment bank, is advising a consortium of investors led by the Kingdom Holding Company (KHC) for the acquisition...