Business

Malabar Gold opens 115th outlet in Oman 30 Apr 2014 - 07:55 am

Bollywood actress Karisma Kapoor and Ambasador, Moosa Hamdan Al Taei, Chief of International Cooperation Department, the Ministry of Foreign Affairs, Sultanate of Oman,...

Qatari Diar to develop Malaysian resort 30 Apr 2014 - 07:54 am

Officials attending the ceremony. DOHA: Qatari Diar Real Estate Investment Company is bringing its flair, expertise and creativity to Malaysia by embarking on...

EU to hold Russia, Ukraine gas talks 30 Apr 2014 - 07:53 am

Russian President Vladimir Putin (right front), his Kazakh counterpart Nursultan Nazarbayev (left) and Belarussian counterpart Alexander Lukashenko (centre) at the Supreme Eurasian Economic...

Samsung Q1 net profit hits $7.3bn 30 Apr 2014 - 07:52 am

Visitors pass a signboard of Samsung Electronics’ Galaxy S5 at its showroom in Seoul yesterday. SEOUL: Samsung Electronics reported yesterday its net profit...

Rajeev Suri is Nokia CEO 30 Apr 2014 - 07:50 am

HELSINKI: Nokia announced yesterday the appointment of Rajeev Suri (pictured) as chief executive officer. The 46-year-old, originally from India, has been at Nokia...

LG Electronics profit zooms 319pc 30 Apr 2014 - 07:49 am

Curved 4K OLED televisions are displayed at the LG Electronics booth in Las Vegas, Nevada. SEOUL: South Korea’s LG Electronics yesterday posted a...

Aamal net profit up 56.2pc to QR88.7m 30 Apr 2014 - 07:48 am

DOHA: Aamal Company, one of the GCC’s fastest growing diversified companies, recorded a net profit of QR88.7m for the first quarter of 2014,...

Woqod profit up 12.3pc 30 Apr 2014 - 07:48 am

DOHA: Qatar Fuel’s (Woqod) net profit touched QR229.3m in the first quarter of 2014, up 12.3 percent compared to QR204.1m for the same...

Al Sada meets Swaziland Energy Minister 30 Apr 2014 - 07:47 am

DOHA: H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, received Jabulile Mashwama, the Minister of Natural Resources...

QNET to ensure ethical distributor practices 30 Apr 2014 - 07:47 am

Doha: Prominent direct selling company QNET is launching new initiatives in the region to provide people a better understanding of exactly what direct...

Alfardan Automobiles sales grow 20pc in Q1 30 Apr 2014 - 07:46 am

DOHA: The year got off to a good start for the BMW Group importer Alfardan Automobiles as it saw a 20 percent increase...

WEF launches Executive Opinion Survey 30 Apr 2014 - 07:46 am

DOHA: The World Economic Forum in partnership with the Qatari Businessmen Association and Social Economic Survey Research Institute in Qatar University has announced...

Qatar among fastest growing healthcare markets: Alpen 30 Apr 2014 - 07:46 am

Doha: Qatar and the UAE are expected to be the fastest growing markets in GCC over 2013-18, said a report released by Alpen...

QE loses 69.29 points more 30 Apr 2014 - 07:45 am

Doha: Qatar Exchange ended in the red area when trading closed yesterday at 12,626.95 points, down 69.29 points, or 0.55 percent, from the...

China secures Abu Dhabi oil production deal 30 Apr 2014 - 07:45 am

DUBAI/BEIJING: China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel...

Gazprom warns more sanctions could hit its gas exports 30 Apr 2014 - 07:44 am

MOSCOW: Russian natural gas exporter Gazprom said yesterday further Western sanctions over Ukraine could potentially disrupt its gas exports to Europe and hit...

BP raises dividend again, plans more share buybacks 30 Apr 2014 - 07:44 am

LONDON: BP raised its quarterly dividend for the second time in six months and said more share buybacks were on the cards, showing...

Moody’s lifts Greek banks to stable 30 Apr 2014 - 07:44 am

ATHENS: Credit rating agency Moody’s yesterday upgraded the Greek banking system from negative to stable. “The outlook for the Greek banking system has...