Business

Qatar Electricity & Water Company’s profits decline by six percent 18 Oct 2012 - 07:35 am

DOHA: Despite reporting a 3 percent increase in its sales, Qatar Electricity and Water Company’s net profits declined six percent on year-on-year basis....

Doha Bank posts five percent profit growth 18 Oct 2012 - 07:35 am

DOHA: Doha Bank’s net profit for 2012 third quarter (Q3) recorded an impressive QR1.06bn, up five percent, as compared to QR1.01bn for the...

Energy minister reiterates commitment to Japan 18 Oct 2012 - 07:33 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada addressing the meeting in Tokyo. DOHA: H E Dr Mohammed...

QE wins Exchange of the Year award 18 Oct 2012 - 07:32 am

Rashid bin Ali Al Mansoori receiving the award. DOHA: Qatar Exchange (QE) has won the very prestigious “Exchange of the Year” award for...

Leading Qatari, global brands support World Chamber Congress 18 Oct 2012 - 07:32 am

Doha: Some of the biggest corporations and companies in Qatar have joined hands with Qatar Chamber to support the organisation of the ICC...

GECF plans financial institution, gas institute 18 Oct 2012 - 07:31 am

DOHA: The ongoing Executive Board of the Gas Exporting Countries Forum (GECF) which opened at its headquarters here yesterday discussed the possibilities of...

QFCA bags Best Financial Centre award 18 Oct 2012 - 07:29 am

Shashank Srivastava receiving the award. DOHA: The Qatar Financial Centre Authority (QFCA) bagged the “Best Financial Centre in the Middle East” Award for...

Sheikh Thani receives Lifetime Achievement award 17 Oct 2012 - 06:23 am

The Minister of Economy and Finance H E Yousuf Hussein Kamal (second right), giving Lifetime Achievement Award to Sheikh Thani bin Abdullah bin...

Dubai bourse eyes oil buyers 17 Oct 2012 - 06:23 am

DUBAI: The Dubai Mercantile Exchange (DME) aims to revitalize its Oman crude futures contract by attracting major consumers and Middle East banks, rather...

Oil prices fall as November Brent heads to expiration 17 Oct 2012 - 06:21 am

NEW YORK: Crude oil prices fell yesterday as Brent’s front-month contract approached expiration at the end of the session and under pressure from...

Citigroup CEO Vikram Pandit resigns 17 Oct 2012 - 06:20 am

New York: Citigroup Inc Chief Executive Vikram Pandit resigned abruptly yesterday, effective immediately, a shock change at the top of the bank just...

India’s appetite for natural gas insatiable: Ministry official 17 Oct 2012 - 06:19 am

RasGas delegation at Petrotech 2012 presents S Jaipal Reddy, India’s Minister of Petroleum and Natural Gas, with a memento at the Petrotech 2012...

Lending curbs to impact Qatar banks’ growth 17 Oct 2012 - 06:16 am

DOHA: The cap on Qatar’s retail lending and Qatari banks’ increasing reliance on foreign interbank borrowing will significantly impact the growth potential of...

Qatari bourse adds 35.21 points 17 Oct 2012 - 06:16 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 35.21 points or 0.41 percent to advance to 8,558.12 points from 8,522.91 on Monday. ...

Saudi to award Jubail-Dammam rail contracts 17 Oct 2012 - 06:16 am

ABU DHABI: Saudi Arabia is expected to award contracts for construction of the planned 115km rail link between its industrial city of Jubail...

Zain Saudi’s Q3 net loss widens 17 Oct 2012 - 06:15 am

RIYADH: Telecoms operator Zain Saudi said its net loss widened by two percent in the third quarter, attributing the deterioration to lower revenue...

Ernst & Young to honour Sheikh Thani with Lifetime Achievement award 16 Oct 2012 - 04:06 am

DOHA: Sheikh Thani bin Abdullah bin Thani Al Thani (pictured), well-known businessman, will be presented with a Lifetime Achievement Award at Ernst &...

Qatar studies investment in M Stanley: PM 16 Oct 2012 - 04:05 am

DOHA: Qatar is studying a proposal to invest in the commodities trading arm of US investment bank Morgan Stanley, the Prime Minister and...