Business

US crude drops below $100 a barrel 22 Oct 2013 - 03:23 am

NEW YORK: Oil prices fell yesterday, with US crude breaking below $100 a barrel for the first time since early July, as US...

Office space demand in Diplomatic District on the upswing: Expert 22 Oct 2013 - 02:15 am

DOHA: The demand for office space in the Diplomatic District is on an upswing, says a real estate expert and warns that this...

New Abu Dhabi airport to be operational by July 2017 22 Oct 2013 - 02:13 am

Labourers working at the construction site of Abu Dhabi’s new airport terminal yesterday. The Dh10.8bn ($2.9bn) airport will be operational in July 2017,...

UK’s Co-op to cede control of bank 22 Oct 2013 - 01:59 am

People pass by a branch of The Co-operative Bank in London yesterday. LONDON: Britain’s mutually-owned Co-operative Group will hand control of its banking...

Qatar bourse index down 0.21 percent 22 Oct 2013 - 01:59 am

Doha: Qatar Exchange was down 20.33 points or 0.21 percent to 9,731.56 points yesterday from the previous closing of 9,751.89. Among the top...

QP to mark ‘World Energy Day’ today 22 Oct 2013 - 01:54 am

Doha: Under the directives of H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry, Qatar Petroleum (QP) joins...

Tata Steel to supply UK rail network for five more years 22 Oct 2013 - 01:53 am

NEW DELHI: Tata Steel, one of the world’s biggest steelmakers, announced yesterday that it has won a contract to supply rail track to...

EDF in $26bn deal to build UK N-reactors 22 Oct 2013 - 01:53 am

PARIS/LONDON: Britain signed a deal with France’s EDF to build a £16bn ($26bn) nuclear plant, becoming the first European country to provide state...

Takaful faces slower growth, unstable returns: Study 22 Oct 2013 - 01:52 am

KUALA LUMPUR: Expansion of the takaful (Islamic insurance) industry is slowing as firms struggle for scale and face growing competition, but the sector...

Attiyah: Qatar to implement ambitious energy policy 22 Oct 2013 - 01:52 am

Muscat: Qatar looks to implement with the GCC countries an ambitious energy policy associating economic growth and sustainable development, the Chairman of Administrative...

Etihad sets stage for $50bn of jet deals 22 Oct 2013 - 01:14 am

DUBAI/NEW YORK: Etihad Airways is close to placing an order that could kick off a $50bn jet-buying spree from the Gulf as the...

Motor show 21 Oct 2013 - 08:33 am

Visitors walk near Audi vehicles at the Johannesburg International Motor Show. The show runs until October 27.

UDC profit at QR505.8m 21 Oct 2013 - 08:33 am

DOHA: The United Development Company (UDC) recorded a net profit of QR505.8m for the first nine months of 2013. This is against QR417.4m...

UDC to sign QR854m loan pact with Masraf Al Rayan 21 Oct 2013 - 08:33 am

DOHA: United Development Company (UDC) will sign a loan & facility agreement with Masraf Al Rayan for an amount not exceeding a QR854m,...

Qatar bourse index adds 28.37 points 21 Oct 2013 - 08:32 am

Doha: Qatar Exchange ended in the green yesterday adding 28.37 points or 0.19 percent to 9,751.89 points from the previous closing of 9,723.52....

Qatari banks host reception at IMF, WB meetings 21 Oct 2013 - 08:31 am

Officials posing for a group picture. Doha: A group of Qatari banks hosted a reception at The Four Seasons Hotel in Washington on...

Nestle sales rise 4pc in 9 months 21 Oct 2013 - 08:31 am

GENEVA: Nestle, the world’s biggest food and drink company, posted a 4 percent rise in sales for the first nine months of 2013,...

Inmarsat showcases innovations at InfoComm MEA ’13 21 Oct 2013 - 08:30 am

DUBAI: Inmarsat, the leading provider of global mobile satellite communications services, is showcasing its latest innovations at InfoComm MEA 2013 (C-25 in Zabeel...