Business

QFIB hosts Saudi reception for key stakeholders 06 Mar 2013 - 01:25 am

QFIB board members during their visit to Aramco. Doha: Qatar First Investment Bank (QFIB), Qatar’s first independent Shariah compliant bank regulated by Qatar...

QInvest boosts investment banking with new director 06 Mar 2013 - 01:21 am

From left: QInvest CEO, Tamim Hamad Al Kawari, and QInvest new Director, Nasser Abdullah Al Mahmoud. DOHA: QInvest, Qatar’s leading investment bank, as...

Standard Chartered profits steady despite US fine 06 Mar 2013 - 01:21 am

Hong Kong: Standard Chartered yesterday said its net profit was flat in 2012, even after the British lender was hit by huge fines...

Global oil demand growth moderated: Saudi Aramco chief 06 Mar 2013 - 01:20 am

Khalid Al Falih, President and CEO of Saudi Aramco, speaks at the CERAWEEK conference in Houston, yesterday. HOUSTON: Saudi Aramco Chief Executive Khalid...

Many regional bourses plunge 06 Mar 2013 - 01:17 am

Qatar Exchange’s new headquarters at Al Dana Tower, West Bay, is pictured yesterday. Shaival Dalal Doha: Qatar Exchange was down yesterday 33.58 points...

Saudi tycoon says Forbes undervalued his fortune 06 Mar 2013 - 01:17 am

DUBAI: Saudi tycoon Prince Alwalid bin Talal has severed his ties with Forbes magazine’s annual billionaires’ list, which he accused of undervaluing his...

Bahrain set to demand stricter rules from key banks 06 Mar 2013 - 01:17 am

MANAMA: Bahrain’s central bank will require local lenders it sees as key to the stability of the Gulf country’s banking system to take...

Dana Gas starts output from two Egypt fields 06 Mar 2013 - 01:14 am

DUBAI: Dana Gas has increased its gas production in Egypt by about 10 percent with the start up of operations at two new...

Countdown begins for 8th World Chambers Congress 05 Mar 2013 - 04:54 am

QC Chairman Sheikh Khalifa bin Jassim Al Thani (centre), QNB Chief Operating Officer Ali Rashid Al Mohannadi (right) and Saleh Al Mana, Vice...

Upward trend in Qatar’s sukuk issuance: S&P 05 Mar 2013 - 04:54 am

By Satish Kanady DOHA: Sukuk is becoming more important in the Gulf Cooperation Council’s fixed-income market, including Qatar, representing almost half of the...

Minister to open second Bloomberg Doha Conference on April 8 05 Mar 2013 - 04:54 am

Doha: The second Bloomberg Doha Conference, to be jointly hosted by Qatar Financial Centre Authority (QFC Authority), will be held here on April...

Qatar committed to diversification, says Minister 05 Mar 2013 - 04:53 am

The Minister of Business and Trade H E Sheikh Jassim bin Abdulaziz Al Thani (right) with Qatari Business Association Chairman Sheikh Faisal bin...

Distribution sector dominates business and trade landscape 05 Mar 2013 - 04:52 am

DOHA: The distribution sector is the most dominant segment in terms of the number of operating companies in Qatar. Currently, this sector accounts...

Qatari bourse index down 0.17 percent 05 Mar 2013 - 04:52 am

Doha: Qatar Exchange was down 14.65 points or 0.17 percent to 8,513.93 points yesterday from the previous closing of 8,528.58 points. Among the...

Share trading suspension ‘unjustified’: Salam Intl 05 Mar 2013 - 04:51 am

DOHA: The Board of Directors (BOD) of Salam International Investment Ltd-SIIL (The Company) has recommended to the upcoming General Assembly (March 27) to...

Ahli Bank nets QR465.16m profit 05 Mar 2013 - 04:50 am

Ahli Bank Chairman Sheikh Faisal bin Abdul Aziz bin Jassem Al Thani (centre) with other board members during the ordinary general assembly meeting...

al khaliji nets QR512.2m profit 05 Mar 2013 - 04:49 am

From left: Robin McCall, Group CEO; Mohamed Khaled Al Manaa, Director; Sheikh Hamad bin Faisal bin Thani Al Thani, Chairman and Managing Director;...

Al Sada meets Finland’s PM 05 Mar 2013 - 04:48 am

H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum (QP),...