Business

RasGas Milestones Gallery opens 17 Oct 2014 - 02:56 am

H E Dr Al Sada visiting the RasGas Milestones Gallery with RasGas’ directors and the Executive Leadership Team. DOHA: The Minister of Energy...

QCB absorbs QR16bn liquidity through T-Bond 17 Oct 2014 - 02:53 am

By Satish Kanady DOHA: The Qatar Central Bank’s (QCB) active liquidity management initiatives have helped absorb QR16bn liquidity from the country’s financial system...

Europe shares plunge 17 Oct 2014 - 02:51 am

Apple unveils new iPads with modest upgrades 17 Oct 2014 - 02:49 am

A man sells the new iPhone 6 on a sidewalk for almost double the price charged by Apple due to limited supplies and...

TCS posts 13.6pc rise in quarterly profit 17 Oct 2014 - 02:48 am

Caption Tata Consultancy Services (TCS) Chief Executive N Chandrasekaran after a news conference to announce the company’s Q2 results in Mumbai yesterdsay. TCS,...

QFC banks record rapid growth in 2013 17 Oct 2014 - 02:44 am

DOHA: Banks operating in the Qatar Financial Centre (QFC) saw rapid growth in 2013. The size of the QFC banking sector grew by...

Cross-border banks’ assets shift from Europe to Mena 17 Oct 2014 - 02:44 am

DOHA: The geographical distribution of Qatar banks’ cross-border assets witnessed a shift in 2013. The share of European assets steeply declined from over...

Lufthansa to drop services to Abu Dhabi 17 Oct 2014 - 02:44 am

FRANKFURT: German airline Lufthansa announced that it will pull the plug on its once-daily flights between Frankfurt and Abu Dhabi due to competition...

New Gulf projects to hit $180bn this year 17 Oct 2014 - 02:43 am

DUBAI: About $180bn of contracts for new construction projects will be awarded in wealthy Gulf states this year, the largest amount for six...

Cofely Besix Mannai Facility Management gets QP contract 17 Oct 2014 - 02:43 am

DOHA: Qatar’s leading facilities management company, Cofely Besix Mannai Facility Management (CBMFM), a subsidiary of Mannai Corporation, has been awarded its first contract...

Gold near one-month high on flight to safety 17 Oct 2014 - 02:42 am

LONDON: Gold steadied yesterday to trade near its highest in more than a month, as the dollar and European shares weakened on worries...

Oil spikes on options expiry 17 Oct 2014 - 02:42 am

NEW YORK: Oil prices spiked abruptly at midday on Thursday, extending an early bounce from new four-year lows as a combination of technical...

ECB, EU promise lifelines for Greece as crisis haunts eurozone 17 Oct 2014 - 02:41 am

ATHENS: The ECB and European Union rushed to reassure financial markets yesterday that help is at hand for Greece as it heads for...

US jobless claim drops to lowest level in 14 years 17 Oct 2014 - 02:40 am

WASHINGTON: New claims for US unemployment insurance benefits unexpectedly fell last week to their lowest level in 14 years, the Labor Department said...

QA signs deal with Gulfstream 16 Oct 2014 - 01:16 am

Business jet Gulfstream. DOHA: Qatar Airways (QA) signed a Memorandum of Understanding (MoU) with Gulfstream Aerospace for the purchase of up to 20...

QInvest leads surge in global sukuk activity 16 Oct 2014 - 01:15 am

DOHA: QInvest, Qatar’s leading investment bank and prominent Islamic financial institution, has been at the forefront of global sukuk activity in 2014. It...

IndiGo to buy record 250 Airbus planes 16 Oct 2014 - 01:13 am

The Airbus A320neo (New Engine Option) takes off during its first flight event in Colomiers near Toulouse, southwestern France, last month. NEW DELHI/PARIS:...

Toyota recalls 1.67m Toyota, Lexus cars 16 Oct 2014 - 01:13 am

Toyota Motor’s new SUV Lexus NX 200t leaving an assembly plant in Miyawaka, Fukuoka Prefecture on Kyushu Island, southwestern Japan. TOKYO: Japan’s Toyota...