Business

E-car recharge spot 18 Dec 2012 - 07:02 am

The first e-car sharing service is opened at the Potsdamer Platz in Berlin, Germany yesterday. Cars can be recharged at three different spots.

Qatar to be key player in renewable energy 18 Dec 2012 - 07:02 am

DOHA: As the Middle East and North African (Mena) countries set to emerge as a major renewable energy force, Qatar is getting ready...

Potanin named Norilsk CEO under Kremlin deal 18 Dec 2012 - 06:59 am

MOSCOW: Norilsk Nickel named longtime co-owner Vladimir Potanin as its chief executive yesterday under a Kremlin-inspired deal to end a boardroom war at...

QIIB plans to raise number of board members 18 Dec 2012 - 06:59 am

DOHA: The Board of Directors has recommended the Qatar International Islamic Bank (QIIB) to amend an article of the Qatari bank’s articles of...

Budget hopes lift US crude while Brent seesaws 18 Dec 2012 - 06:58 am

NEW YORK: Oil prices were mixed in choppy trading yesterday, with Wall Street equities and US crude futures receiving support from optimism that...

Etihad in final talks for Indian carrier stakes 18 Dec 2012 - 06:58 am

NEW DELHI/DUBAI: Gulf carrier Etihad Airways, seeking to widen operations in India and other Asian markets, is in the final stages of talks...

Kuwait budget surplus surges 18 Dec 2012 - 06:57 am

KUWAIT CITY: Kuwait’s provisional budget surplus surged 43 percent to Dh14.7bn ($52.2bn) in the first seven months of the fiscal year, boosted by...

Iraqi Kurdish oil exports fall below 30,000b/d 18 Dec 2012 - 06:57 am

ARBIL: Oil exports from Iraq’s autonomous Kurdistan region have fallen to an average of below 30,000 barrels per day (b/d), industry sources said...

Egypt’s rising fuel bill reflects energy crisis 18 Dec 2012 - 06:56 am

LONDON: Egypt is becoming increasingly dependent on fuel imports as it uses oil to pay off debts instead of refining the crude at...

Saudi aviation body to allow price rises 18 Dec 2012 - 06:56 am

RIYADH: Saudi Arabia will review fuel prices and give its civil aviation body powers to allow fare increases as it struggles to move...

Qatar Exchange index adds 15.26 points 18 Dec 2012 - 06:55 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 15.26 points (or 0.18 percent) to advance to 8,350.74 points from 8,335.48 on Sunday. ...

India forecasts lowest growth in a decade 18 Dec 2012 - 06:55 am

NEW DELHI: India yesterday cut its growth forecast for the current fiscal year to just under six percent, putting Asia’s third-largest economy on...

Greece lenders warn of ‘very large risks’ to bailout 18 Dec 2012 - 06:54 am

ATHENS: Political resistance and potential court challenges are among “very large” risks to reforms required for Greece’s bailout programme, the country’s European lenders...

GDF Suez to sell assets in Canada to reduce debt 18 Dec 2012 - 06:54 am

PARIS: Heavily-indebted French energy group GDF Suez announced yesterday the sale of 60 percent of its renewable energy interests in Canada worth ¤1.5bn...

Conservatives’ victory pushes yen down 18 Dec 2012 - 06:53 am

TOKYO: The yen plunged in Asian currency markets yesterday after Japan’s conservative opposition swept to victory in national polls, with promises from its...

Al Sada meets Deputy PM of Belgium 17 Dec 2012 - 04:25 am

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

GCC markets in lacklustre mode 17 Dec 2012 - 04:24 am

DOHA: Despite global markets registering progressive gains during November, Qatar’s equity market, along with other GCC markets, carried its lacklustre sentiment through the...

QCB Governor to address opening ceremony of Qatar Project-2013 17 Dec 2012 - 04:24 am

DOHA: The Governor of Qatar Central Bank (QCB), H E Sheikh Abdullah bin Saud Al Thani, will address the opening ceremony of the...