Business

Qatar, Bangkok airlines in new deal 16 May 2013 - 05:12 am

A Qatar Airways Boeing 777 which operates on the Doha-Bangkok route, at the Doha International Airport. DOHA/BANGKOK: Qatar Airways yesterday announced a new...

Sixteen Qatari firms make it to Forbes ‘Top 500 Companies in Arab World’ 16 May 2013 - 05:11 am

DOHA: Hydrocarbons-rich Qatar’s 16 companies were listed in the Forbes Middle East magazine’s Top 500 Companies in the Arab World, with three state-backed...

QA wants to be launch customer for Boeing 777X 16 May 2013 - 05:11 am

NEW YORK: Qatar Airways’ top executive said the Middle-Eastern carrier wants to be a launch customer for Boeing Co’s forthcoming 777X mini-jumbo jet,...

Chidambaram to boost Qatar, India trade relations 16 May 2013 - 05:11 am

DOHA: India’s Finance Minister, P Chidambaram, is scheduled to pay an official visit here on May 19, a press statement issued by the...

Lulu wins top Forbes award 16 May 2013 - 05:10 am

UAE Minister of Culture, Youth and Social Development Sheikh Nahyan bin Mubarak Al Nahyan presents ‘Forbes TOP 100 Companies’ award to Managing Director...

Day of mixed trading for Gulf markets 16 May 2013 - 05:08 am

DUBAI: Egypt’s Orascom Telecom (OT) helped lift Cairo’s bourse yesterday after the company’s management urged shareholders to reject a buyout offer, raising investor...

QE keen to take part in region’s activities: CEO 16 May 2013 - 05:08 am

Tunis: CEO of Qatar Exchange Rashid bin Ali Al Mansoori, highlighted QE’s support to the efforts made by the General Secretariat of the...

QNB Platinum sponsor of internal auditing meet 16 May 2013 - 05:06 am

Doha: Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, has announced its Platinum sponsorship of the third...

Mideast family businesses flourishing, survey reveals 16 May 2013 - 05:06 am

DOHA: Family businesses in the Middle East have performed well over the last year, with 83 percent reporting growth in sales in the...

Dubai’s April inflation remains low 16 May 2013 - 05:04 am

DUBAI: Dubai’s inflation remained muted in April compared to the previous month despite a jump in rents, data showed yesterday. Consumer price growth...

Oil pricing probe widens as Britain vows tougher action 16 May 2013 - 12:50 am

Fuel pumps at a Shell petrol station in London yesterday. LONDON: Oil companies will face the full force of the law if they...

BoE report lifts gloom on economy 16 May 2013 - 12:49 am

LONDON: Britain’s central bank lifted a bit of the gloom hanging over the economy yesterday, issuing a slightly improved outlook for inflation and...

India to launch inflation-linked bonds to end reliance on gold 16 May 2013 - 12:49 am

NEW DELHI: India’s central bank announced yesterday it would launch inflation-linked bonds to try to break the country’s love affair with gold and...

Seoul to scrap diesel, petrol import tax break in July 16 May 2013 - 12:49 am

SEOUL: South Korea said it will scrap a diesel and petrol import incentive from July as local refiners plan to start trading oil...

HSBC to cut more costs by 2016 16 May 2013 - 12:42 am

LONDON: Asia-focused bank, HSBC, yesterday announced that it will make another $2bn-$3bn of new cost savings by 2016, extending its restructuring plans. The...

Turkey’s monetary policy finally wins respect 16 May 2013 - 12:41 am

DUBAI: When Turkey’s central bank cut interest rates last month, its decision aroused a mixture of approval, criticism and sheer confusion about exactly...

South Korea imports Iranian natural gas liquids in April 16 May 2013 - 12:40 am

SEOUL: South Korea imported natural gas liquids from Iran for the second straight month in April, customs data showed yesterday, though a source...

Sudan firm to export animal feed to Gulf 16 May 2013 - 12:39 am

KENANA SUGAR PLANT, Sudan: Sudan’s biggest sugar producer plans to export up to 50,000 tonnes of animal feedstock annually to Arab Gulf countries....