Business

Qatar economy to grow 7.7pc in 2015 15 Dec 2014 - 01:49 am

DOHA: Driven by non-hydrocarbon sector, Qatari economy is projected to grow by a robust 7.7 percent next year despite the pressure on oil...

Qatar Shell, QDB sign agreements with SMEs for new contracts 15 Dec 2014 - 01:46 am

QDB CEO Abdulaziz bin Nasser Al Khalifa, (eighth right) and Qatar Shell Chairman and Managing Director Wael Sawan (ninth right) with Qatari SMEs...

Qatar’s storage facility zone to attract QR2.77bn 15 Dec 2014 - 01:42 am

DOHA: The Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani (pictured), yesterday announced that investments of...

GWC to develop Bu Sulba logistics hub for QR685m 15 Dec 2014 - 01:40 am

Doha: Gulf Warehousing Company QSC (GWC) was awarded the contract to develop the Bu Sulba logistics hub during the “Manateq Storage Project” launch...

Opec will try to ride out price fall; chief defends policy 15 Dec 2014 - 01:38 am

DUBAI: Oil producers group Opec can ride out a slump in oil prices and keep output unchanged, its head said yesterday, arguing market...

Takata tightens screws on suppliers 15 Dec 2014 - 01:24 am

TOKYO: Takata Corp has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production...

Intertek meet gets huge response 15 Dec 2014 - 01:17 am

Caption Doha: Intertek, UK-based multinational company and industry leader with over 36,000 people in 1,000 locations in over 100 countries received an overwhelming...

Titan celebrates 20 years 15 Dec 2014 - 01:15 am

Titan Company CEO, Watches and Accessories, HG Ragunath (centre), Domasco Managing Director Faisal Sharif (third right) and Domasco Sales Manager Meril Dias (second...

Doha Bank CEO gets ABLF economist award 15 Dec 2014 - 01:13 am

Doha: Doha Bank CEO Dr R Seetharaman was honoured with “The ABLF Business Economist award “on December 13 for his outstanding contribution in...

Car market in Russia 15 Dec 2014 - 12:52 am

Used and new cars on sale at the 777 open air auto market in Siberian city of Krasnoyarsk. A state scheme to support...

Tencent wins approval to start banking business 15 Dec 2014 - 12:47 am

SHANGHAI: China’s Tencent Holdings Ltd has been given approval to start its banking operations, the banking regulator said, making the Internet firm the...

Apollo to buy PetSmart 15 Dec 2014 - 12:47 am

WASHINGTON: Apollo Global Management is nearing a buyout of PetSmart Inc for about $8bn in what would be the largest leveraged deal for...

Saudi crude oil supply inches up in November 15 Dec 2014 - 12:47 am

DUBAI: Crude oil supplies from Saudi Arabia inched up in November from a month earlier, an industry source said on Friday, signaling no...

Facebook dumps search results of Microsoft 15 Dec 2014 - 12:36 am

SAN FRANCISCO: Facebook Inc has stopped including results from Microsoft Corp’s Bing search engine on its social networking site. The move, confirmed by...

TUI in talks with investors on Hapag stake sale 15 Dec 2014 - 12:35 am

FRANKFURT: TUI AG is in talks with investors interested in buying its stake in Hapag-Lloyd as an option in its long-planned exit from...

IQ exhibition to feed growing demand for interiors, fit outs 15 Dec 2014 - 12:33 am

Doha: The organiser of IQ Exhibition, the first Qatar interior design exhibition taking place in Doha in February 2015, yesterday announced the findings...

Xiaomi’s India ban exposes patent risks 15 Dec 2014 - 12:33 am

MUMBAI/BEIJING: The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the...

ArcelorMittal, Tata Steel to start hedging iron ore soon 15 Dec 2014 - 12:33 am

LONDON: Top steelmakers ArcelorMittal and Tata Steel are dipping their toes into iron ore derivatives, marking a crucial milestone in developing trade for...