Business

Real estate transaction value declines in the first week of New Year 10 Jan 2013 - 06:38 am

DOHA: The first week of the New Year saw a decline in the real estate transaction value. Compared to the last week of...

Listed firms to grow by 27pc 10 Jan 2013 - 06:38 am

DOHA: Qatar’s listed companies are expected to grow by 27 percent year-on-year basis. The aggregate profits of the country’s seven listed companies are...

Qatar’s $2.5bn lifeline lifts Egyptian bourse 10 Jan 2013 - 06:38 am

DUBAI: Egypt’s bourse hit a fresh 10-week high yesterday after a $2.5bn financial lifeline from Qatar spurred Cairo investors to buy equities, as...

McDonald’s in €350m bid to lure Italy’s pizza lovers to burgers 10 Jan 2013 - 06:37 am

MILAN: US fastfood giant McDonald’s believes recession-hit Italy will be one of its higher-growth areas in the coming decade and is opening more...

Orange Business Services launches joint venture in Qatar 10 Jan 2013 - 06:36 am

Sheikh Fahad bin Ghanim Al Abdul Rahman Al Thani and CEO of Orange Business Services Vivek Badrinath during the official launch. DOHA: Orange...

Iraq approves oil exploration deal with Kuwaiti energy group 10 Jan 2013 - 06:36 am

BAGHDAD: Iraq has approved an oil exploration deal with a Kuwait Energy-led group, a senior oil official said yesterday, to take the place...

France, UAE still talking on Rafale jets 10 Jan 2013 - 06:36 am

PARIS: Negotiations between France and the UAE over the potential sale of 60 Rafale fighter jets to the Gulf country are ongoing and...

HSBC’s multi-billion dollar deal in danger of collapse 10 Jan 2013 - 06:35 am

HONG KONG: A multi-billion dollar deal in which banking giant HSBC was set to sell its stake in China’s second largest life insurer...

Peugeot’s worldwide sales fall by 16.5pc last year 10 Jan 2013 - 06:34 am

PARIS: French top carmaker PSA Peugeot Citroen said yesterday that global sales plunged by 16.5 percent in 2012 owing to contracting demand in...

UK must stay in EU market, say business heads 10 Jan 2013 - 06:34 am

LONDON: Prime Minister David Cameron will damage Britain’s fragile economy if he demands major changes that could threaten the country’s relationship with the...

World’s top banks told to centralise risk data 10 Jan 2013 - 06:34 am

LONDON: The world’s top banks have three years to build up a single picture of all their risks to help make the wider...

Relaxing liquidity rules may boost euro lending 10 Jan 2013 - 06:33 am

PARIS: The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts to a recovery of lending...

Power trade yet to pick up from GCC grid, says official 09 Jan 2013 - 01:02 am

Prof Dr Abdelmajid Mahjoub, Director General of the Arab Atomic Energy Agency (AAEA)-Tunisia, speaking on the second day of 4th General Conference of...

Arab region must rethink utilities subsidy: Experts 09 Jan 2013 - 12:58 am

Eng Fahad Hamad Al Mohannadi, General Manager, QEWC, during a session at the 4th General Conference of Arab Union of Electricity and Exhibition...

Qatar-Egypt venture to bid for LNG import contracts 09 Jan 2013 - 12:52 am

BY MOHAMMAD SHOEB DOHA: Battling severe economic hardships, Egypt’s Islamist government wants local private players to play a major role in narrowing down...

Enterprise Qatar announces GPCP initiative 09 Jan 2013 - 12:52 am

DOHA: Enterprise Qatar (EQ), the state’s entrepreneurial support body, yesterday announced the first Government Procure-ment and Contracting Programme (GPCP). The ground-breaking initiative is...

Qatar bourse regulator slaps fine on three firms 09 Jan 2013 - 12:52 am

DOHA: The regulator of the Qatari bourse has slapped deterring fines on three listed entities, including the popular consumer cooperative chain Al Meera....

Q-Auto unveils Audi promotion, development plans 09 Jan 2013 - 12:50 am

Doha: Audi Qatar, represented by Q-Auto, announced an ambitious development plan for the brand with the four rings in Qatar. New 20-work bay...