Business

Zain feels the heat in South Sudan market 27 Apr 2013 - 12:38 am

DUBAI/JUBA: Mobile phone group Zain knew it was facing a challenge when it set out to build up its network in Africa’s newest...

US Q1 growth quickens, misses forecasts 27 Apr 2013 - 12:38 am

WASHINGTON: US economic growth regained speed in the first quarter, but not as much as expected, which could heighten fears the already weakening...

China tells France it wants more balanced trade 27 Apr 2013 - 12:37 am

SHANGHAI: Chinese Premier Li Keqiang was quoted as telling French President Francois Hollande yesterday that Beijing wants more balanced trade with France and...

Oil falls below $103 on poor global growth outlook 27 Apr 2013 - 12:37 am

LONDON: Brent crude oil slid below $103 a barrel yesterday after rising $3 in the past two sessions as investors were cautious over...

Spain begs time to fix finances 27 Apr 2013 - 12:35 am

Spanish Economy Minister Luis de Guindos (back), Deputy Prime Minister Soraya Saenz de Santamaria (left) and Treasury Minister Cristobal Montoro arrive for a...

Greece to auction public buildings online 27 Apr 2013 - 12:34 am

ATHENS: Greece yesterday announced plans to auction some of the country’s state buildings online, as part of a privatisation drive required for the...

Honda’s annual net profit soars to $3.7bn 27 Apr 2013 - 12:33 am

TOKYO: Japanese automaker Honda said yesterday its net profit for the year to March soared 73.6 percent to $3.7bn, thanks to robust overseas...

WTO leadership race to wrap up by May 7 27 Apr 2013 - 12:32 am

GENEVA: The race to lead the World Trade Organisation, pitting Mexico against Brazil, should be wrapped up by May 7, the senior diplomat...

Turin to host next World Chambers Congress 26 Apr 2013 - 04:51 am

The Chairman of Qatar Chamber Sheikh Khalifa bin Jassim bin Mohammad Al Thani congratulating the President of the Torino Chamber of Commerce (TCC)...

Verizon plans $100bn bid for Vodafone’s wireless stake 26 Apr 2013 - 04:49 am

An employee holds an iPhone for a customer at a Verizon store in Boston, Massachusetts. NEW YORK/LONDON: Verizon Communications Inc has hired advisers...

Woqod announces expansion plans 26 Apr 2013 - 04:34 am

DOHA: Qatar Fuel (Woqod), the downstream joint stock oil storage, distribution and marketing company yesterday announced its expansion plans. The Company is currently...

QE snaps four-week losing streak, index up 2.03 percent this week 26 Apr 2013 - 04:34 am

DOHA: Qatar Exchange (QE) snapped the four-week bear run lifting the index 2.03 percent to close at 8,593.26 points this week. Trading value...

Energy minister honours HSE Excellence Award winners 26 Apr 2013 - 04:32 am

The Minister of Energy and Industry and Chairman & Managing Director of Qatar Petroleum (QP) H E Mohammed bin Saleh Al Sada with...

Ooredoo bags two industry awards 26 Apr 2013 - 04:31 am

An Ooredoo official receiving the awards at the TMT Finance 2013 Middle East and North Africa Awards ceremony at Mina A’Salam Hotel in...

Alshaya to bring over 50 world-class retail brands to Doha Festival City 26 Apr 2013 - 04:30 am

Omar Al Futtaim, Vice Chairman, Al Futtaim, and Mohammed Alshaya, Executive Chairman of Alshaya, during a partnership signing ceremony in Dubai. DOHA: Doha...

Tasweeq turns 5 25 Apr 2013 - 01:35 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (third left), Tasweeq CEO Saad Al Kuwari (second left),...

Aamal net profit grows by 17pc to QR624.5m in 2012 25 Apr 2013 - 01:33 am

Aamal Company Chairman Sheikh Faisal bin Qassim Al Thani (fourth right), Vice Chairman Sheikh Muhammed bin Faisal Al Thani (fifth right), Sheikh Abdullah...

M&A value in Mena region doubles in Q1 25 Apr 2013 - 01:33 am

DOHA: The total value of disclosed mergers and acquisitions (M&As) in the Middle East and North Africa (Mena) region rose from $7.3bn in...