Business

Qatar imported more cars in Q4 last year 21 Mar 2013 - 01:20 am

DOHA: Qatar imported more automobiles in the fourth and last quarter (October to December) of 2012 than the previous three-month period even as...

Dubai plans to modernise management of Awqaf 21 Mar 2013 - 01:19 am

DUBAI: A fund management venture set up in Dubai this month is taking aim at one of the great backwaters of the Middle...

QNB agent for Al Meera dividend 21 Mar 2013 - 01:19 am

DOHA: QNB has been announced as the agent for paying out Al Meera dividend for the financial year 2012 Al Meera’s Ordinary General...

UAE mulls awarding Bab gas project to Shell 21 Mar 2013 - 01:18 am

ABU DHABI: Abu Dhabi National Oil Co (ADNOC) has recommended that Shell win the multi-billion dollar project to develop its Bab gas field,...

Qatar Steel honoured for sustainability reporting 21 Mar 2013 - 01:17 am

The Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum, H E Dr Mohammed bin Saleh Al Sada, presenting...

Mannai unveils new logo 21 Mar 2013 - 01:16 am

The Vice Chairman of Mannai Corporation, Sheikh Suhaim bin Abdulla bin Khalifa Al Thani (fourth left), along with other directors, pose after the...

Day of mixed trading for GCC bourses 21 Mar 2013 - 01:16 am

DUBAI/Doha: Renewed selling pressure from foreign investors dragged down Egypt’s bourse to a 14-week low yesterday on the back of a gloomy economic...

Doha Bank’s FCRs affirmed by ratings agency 21 Mar 2013 - 01:15 am

DOHA: Capital Intelligence (CI), the international credit ratings agency, has affirmed Doha Bank’s Long- and Short-Term Foreign Currency Ratings (FCR) at ‘A’ and...

IIRA assigns fiduciary ratings to QIIB 21 Mar 2013 - 01:15 am

DOHA: Islamic International Rating Agency (IIRA) has assigned a national scale rating of A+/A-1 (QR) (A plus/A-one) to Qatar International Islamic Bank (QIIB)....

Main stay of Wichita economy 21 Mar 2013 - 01:14 am

Cessna employee Ralph Hughes works on some switches on the Cessna Caravan business aircraft assembly line at their manufacturing plant in Wichita, Kansas....

Banks deal blow to Cyprus businesses 21 Mar 2013 - 01:13 am

NICOSIA: Cyprus closed its banks this week to avert a run on savings and secure a bailout for its near-bankrupt economy, but the...

Britain sticks to austerity path in budget 21 Mar 2013 - 01:13 am

LONDON: Britain will stick firmly to a barrage of austerity measures, finance minister George Osborne insisted yesterday in a budget that also slashed...

DMCC to launch Islamic commodity trade platform 21 Mar 2013 - 01:12 am

DUBAI: Dubai’s government-owned commodities centre is launching a Shariah-compliant commodity trading platform which Islamic banks in the Gulf could use to manage their...

US oil output to surpass imports this year: EIA 21 Mar 2013 - 01:11 am

WASHINGTON: The US will become a net oil exporter late this year as domestic crude production surpasses imports for the first time in...

Airlines see profits rising 58 percent this year 21 Mar 2013 - 01:11 am

GENEVA: The global airlines body IATA predicted yesterday that the industry would increase profits by 58 percent this year, driven by growing passenger...

Sheikh Khalid meets top US official 20 Mar 2013 - 03:52 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani (left), Deputy Chairman of Qatari Businessmen Association (QBA) with Francisco J Sanchez, the US...

Nakilat forays into superyacht market 20 Mar 2013 - 03:50 am

The Minister of State H E Sheikh Mohammed bin Fahad Al Thani (right) with Chairman of Nakilat Damen Shipyards Qatar Muhammad Ghannam, after...

Qatar, Australia agree to boost investments 20 Mar 2013 - 03:50 am

DOHA: Australia and Qatar are set to increase the level of mutual investments in the respective countries following an agreement signed between Qatar...