Business

NetOil shows interest in French refinery 07 Nov 2012 - 06:49 am

PARIS: Dubai-based NetOil, led by Middle Eastern businessman Roger Tamraz, has submitted a new offer to take over France’s oldest refinery, unveiling a...

QP shifts part of GIS stake to state pension fund 07 Nov 2012 - 06:48 am

DUBAI: Shareholders of Qatar’s Gulf International Services (GIS) have approved the transfer of part of parent firm Qatar Petroleum’s stake in the company...

Minister, Shell review Al Karaana progress 07 Nov 2012 - 06:47 am

Doha: Minister of Energy and Industry and Chairman & Managing Director of Qatar Petroleum H E Dr Mohammed bin Saleh Al Sada, received...

Consumer services sector props up Qatar Exchange 07 Nov 2012 - 06:47 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 5.09 points or 0.06 percent to advance to 8,570.43 points from 8,565.34 on Monday. ...

Ahli United Bank posts $257.2m net profit 07 Nov 2012 - 06:46 am

Doha: Ahli United Bank(AUB) reported a net profit of $257.2m for the nine months ended September 30, 2012, a seven percent increase over...

Qatar takes part in London WTM 07 Nov 2012 - 06:44 am

Doha: Taking part in the world’s largest tourism and hospitality trade show, Qatar Tourism Authority (QTA) took central stage at UK’s World Travel...

France hikes VAT, cuts spending to boost industry 07 Nov 2012 - 06:43 am

PARIS: France will ease payroll taxes by ¤20bn over three years, funding that with spending cuts and sales tax rises, in a tougher-than-expected...

Europe seeks Asian support on debt crisis 06 Nov 2012 - 06:22 am

Norwegian Prime Minister Jens Stoltenberg, Russian Prime Minister Dmitri Medvedev, Slovenian Prime Minister Janez Jansa, Lao President Choummaly Sayasone, Chinese Prime Minister Wen...

Sri Lanka to restart refinery with Dubai crude 06 Nov 2012 - 06:22 am

COLOMBO: Ceylon Petroleum Corp (Ceypetco) will resume operation of Sri Lanka’s sole refinery, a 50,000 barrels-per-day facility, after a 10-day closure, because it...

Iraq signs final gas contract with Pakistan Petroleum 06 Nov 2012 - 06:21 am

BAGHDAD: Iraq signed a final gas exploration contract with Pakistan Petroleum yesterday as part of its drive to attract investment in its energy...

Qapco to open third low-density polyethylene plant on November 20 06 Nov 2012 - 06:21 am

Doha: Qatar Petrochemical Company (Qapco) announced yesterday that it will inaugurate its third low-density polyethylene plant on November 20 at Mesaieed Industrial City. ...

HSBC reveals US money-laundering bill hits $1.5bn 06 Nov 2012 - 06:20 am

LONDON: HSBC has increased the amount set aside for fines linked to money-laundering in the United States to $1.5bn, the British banking giant...

Brookfield Medgulf bags QR1.5bn Msheireb contract 06 Nov 2012 - 06:18 am

Officials of Msheireb Properties and Brookfield Multiplex Medgulf during the signing ceremony. Doha: Msheireb Properties, Qatar’s leading sustainable developer, has appointed Brookfield Multiplex...

Qatari bourse adds 0.50 points 06 Nov 2012 - 06:17 am

Doha: Qatar Exchange was slightly up yesterday adding 0.50 points or 0.01 percent to advance to 8,565.34 points from 8,564.84 on Sunday. The...

Three years without LTI on Harvey Duhaney platform 06 Nov 2012 - 06:17 am

Doha: Total E&P Qatar completed three years without lost time incident (LTI) on the Noble Harvey Duhaney platform. On this occasion Stephane Michel,...

Qatar Steel inducted into Palladium HoF 06 Nov 2012 - 06:15 am

Doha: Palladium Group announced Qatar Steel as one of the winners of the 2012 Balanced Scorecard Hall of Fame during their Annual Global...

Sterling Group draw 05 Nov 2012 - 06:50 am

The second draw in Sterling Group’s Mercedez Benz G55 promotion was held at Caravan premises yesterday. Saeed Al Mannai, an official from the...

QNB, Industries Qatar make it to FT top 500 05 Nov 2012 - 06:50 am

DOHA: Two Qatari entities, QNB and Industries Qatar (IQ), made the Financial Times (FT) top 500 list by market capitalisation as at end-September...