Business

Industries Qatar helps QE make biggest gain since 2011 25 Apr 2013 - 01:32 am

DOHA/DUBAI: Bank and telecommunications stocks lifted markets in the United Arab Emirates to multi-year highs yesterday as first-quarter earnings fuelled optimism over the...

European stocks extend gains 25 Apr 2013 - 01:31 am

LONDON: Europe’s main stock markets extended gains yesterday on growing expectations of an interest rate cut by the ECB following poor German economic...

QR118.6m profit for QNCC in Q1 25 Apr 2013 - 01:31 am

Doha: Qatar National Cement Company disclosed the interim financial statement for the three month period ended March 31, 2013. The statements revealed a...

Ahli United profit jumps after Qatar stake sale 25 Apr 2013 - 01:31 am

KUWAIT: Bahrain’s Ahli United Bank posted a big jump in first-quarter net profit yesterday as its earnings were boosted by a one-time gain...

Kuwait’s Wataniya fails to halt profit slump 25 Apr 2013 - 01:30 am

DUBAI/KUWAIT: Kuwait’s second-biggest telecom company, Wataniya, failed to halt a profit slump in the first quarter as rivals stepped up competition in its...

Volvo eyes 15pc Indian market pie 25 Apr 2013 - 01:30 am

A young girl walks past a car during the inauguration of first Volvo dealer’s showroom near Ahmedabad, Gujarat, yesterday. Volvo Auto is aiming...

Saudi decree may ease $67bn housing logjam 25 Apr 2013 - 01:27 am

DUBAI/RIYADH: A royal decree in Saudi Arabia has shaken up the way in which the government allocates vast tracts of land, removing an...

Etihad to take 24pc stake in Jet Airways in $379m deal 25 Apr 2013 - 01:27 am

MUMBAI/DUBAI: Fast-growing Etihad Airways is taking almost a quarter stake in India’s Jet Airways , giving it a bigger foothold in the fast-growing...

Iran parks millions of oil barrels on tankers as buyers retreat 25 Apr 2013 - 01:27 am

LONDON: Iran is storing millions of barrels of oil on tankers in its territorial waters as Tehran struggles with tougher Western sanctions on...

Ethiopian Airlines set to resume Dreamliner flights 25 Apr 2013 - 01:21 am

ADDIS ABABA: Ethiopian Airlines is set to become the world’s first carrier to resume flying Boeing Co’s 787 Dreamliner passenger jets, with a...

GCC food import bill to touch $53.1bn by 2020 24 Apr 2013 - 03:40 am

The Deputy Emir and Heir Apparent H H Sheikh Tamim bin Hamad Al Thani at the opening of the 8th World Chambers Congress...

Ashghal to tender $11bn projects 24 Apr 2013 - 03:39 am

Remy Rowhani, Director-General, Qatar Chamber; speaking at a parallel session on business programme on the sidelines of the ICC WCF 8th World Chambers...

US construction majors eyeing projects in Qatar: Official 24 Apr 2013 - 03:37 am

David Chavern, Chief Operating Officer and Executive Vice President of US Chamber of Commerce. BY MOHAMMAD SHOEB DOHA: The United States is seeking...

Ezdan Holding Group nets QR252.7m profit 24 Apr 2013 - 03:35 am

Sheikh Dr Khalid bin Thani Al Thani and Ali Al Obeidly DOHA: Ezdan Holding Group recorded a net profit of QR252.7m for the...

Al khaliji posts 8pc rise in Q1 net profit 24 Apr 2013 - 03:33 am

DOHA: Al khaliji, in Qatar, reported a net profit of QR131.5m for the first quarter of 2013. This represents an increase of 8...

Ooredoo unit Indosat to delist ADRs from NYSE 24 Apr 2013 - 03:33 am

DOHA: Ooredoo’s Group subsidiary PT Indosat Tbk (Indosat) has announced that it intends to delist its American Depositary Receipts (ADRs) from the New...

Workshop on QE Venture Market held 24 Apr 2013 - 03:31 am

Dr R Seetharaman, Group CEO of Doha Bank, giving a keynote speech during the workshop at Doha Bank yesterday. Shaival Dalal BY MOHAMMAD...

Education key to progress: ExxonMobil official 24 Apr 2013 - 03:30 am

Hans-Jorg Shmid-Trenz (on screen), CEO, Hamburg Chamber of Commerce, addressing a plenary session on Education and Business during the ICC WCF 8th World...