Business

Widam Food’s net profits surge by 29pc 28 Mar 2013 - 02:08 am

The Managing Director and Chief Executive Officer of Widam Food Ahmed Nasser Sraiya Al Kaabi. DOHA: Qatar’s premium meat provider Widam Food’s net...

EQ holds training sessions for SMEs 28 Mar 2013 - 02:07 am

Some of the participants in the Enterprise Qatar training workshops. DOHA: Enterprise Qatar (EQ) carried out the second of its series of workshop-training...

Kuwait budget surplus at $60.5bn 28 Mar 2013 - 02:06 am

KUWAIT: Kuwait had a budget surplus of KD17.2bn ($60.5bn) in the first ten months of its fiscal year, preliminary budget data showed yesterday,...

Qantas and Emirates get nod for ‘game-changing’ alliance 28 Mar 2013 - 01:13 am

Emirates and Qantas A380 aircraft sit on the tarmac at Kingsford Smith international airport in Sydney. SYDNEY: Australia’s competition watchdog yesterday gave final...

Qatar’s real GDP up 13pc in 2011: QSA 28 Mar 2013 - 01:10 am

BY MOHAMMAD SHOEB DOHA: Qatar’s real Gross Domestic Product (GDP) was up 13 percent in 2011 versus 16.7 percent in 2010 calculated at...

QFC Regulatory Authority expands role of COO 28 Mar 2013 - 01:10 am

DOHA: The Qatar Financial Centre (QFC) Regulatory Authority announced yesterday that Otello R Sturino, who was appointed as its Chief Operating Officer (COO)...

UAE okays $400m loan to Serbia 28 Mar 2013 - 01:10 am

BELGRADE: The UAE has approved a $400m loan to Serbia, boosting the Balkan country’s drive to find investors from outside the crisis-hit eurozone...

Turkey halts energy deals with ENI over Cyprus row 28 Mar 2013 - 01:09 am

ANKARA: Turkey has suspended energy projects with Italian giant ENI because it is involved in exploration for oil and gas off the divided...

1,600 UAE taxis to run on LNG 28 Mar 2013 - 12:42 am

Abu Dhabi: In light of the lowering cost of gas-operated taxis worldwide, Sharjah, one of the seven emirates of the UAE, is planning...

Qatar, Peru to avoid double taxation 27 Mar 2013 - 06:42 am

The Director of Public Revenue and Tax Department of the Ministry of Economy and Finance, Moftah Jassim Al Moftah (third left), with the...

QP takes part in Beijing IPTC 2013 27 Mar 2013 - 06:41 am

The Manager for Public Relations and Communications at QP, Abdulrahman Al Obaidly (right), receiving an official at the QP stand at the Beijing...

UK construction, consultancy firms eye Qatar expansion plans 27 Mar 2013 - 06:40 am

DOHA: British construction and consultancy firms are planning to advance their Qatar expansion plans in 2013 as the Gulf country gets ready to...

Qatar ‘must be wary’ of construction inflation 27 Mar 2013 - 06:40 am

DOHA: Qatar’s construction inflation could reach a high 18 percent per annum over the next decade unless an effective action is taken, cautioned...

Doha banks report biggest contraction in interest spreads 27 Mar 2013 - 06:39 am

DOHA: Qatar-based banks reported the biggest contraction in interest spreads, down 12bps, in the region during 4Q12. The contraction is due to competitive...

Dreamliner turbulence may end soon 27 Mar 2013 - 06:38 am

A LOT Polish Airlines Boeing 787 Dreamliner with a redesigned lithium-ion battery touches down after a test flight at Paine Field in Evertt,...

Britain eases rules for new banks 27 Mar 2013 - 06:37 am

LONDON: Start-up banks in Britain will not need as much capital as their established rivals starting from April, Britain’s Financial Services Authority (FSA)...

Next Media’s plan to sell Taiwan printing operations in doubt 27 Mar 2013 - 06:37 am

TAIPEI: Hong Kong media tycoon Jimmy Lai’s Next Media yesterday said that controversial plans to sell its Taiwan print operations are likely to...

BRICS seeks deal to set up new development bank 27 Mar 2013 - 06:37 am

DURBAN, South Africa: BRICS emerging powers yesterday sought a deal on setting up a development bank that would rival Western-backed institutions, trying to...