Business

Sheikh Khalid attends Pearl Initiative Roundtable 26 Sep 2012 - 09:49 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani (left), Chairman of Ezdan Holding, with Francisco J Sánchez, Under-Secretary for International Trade at...

Role of BIM services for upcoming projects stressed 26 Sep 2012 - 09:47 am

BY MOHAMMAD SHOEB DOHA: With Qatar emerging as a premier business and investment destination for infrastructure related projects, Building Information Modeling (BIM) service...

Iran rial loses more value, tumbles 5pc 26 Sep 2012 - 09:47 am

DUBAI: The Iranian rial tumbled 5 percent to an all-time low against the U.S. dollar yesterday, suggesting a fresh effort by the government...

Brent rises 26 Sep 2012 - 09:46 am

NEW YORK: Brent crude rose yesterday in choppy trading as rising tensions over Iran reinforced the geopolitical fear premium, while concerns about slowing...

QFBA and HKIB sign agreement 26 Sep 2012 - 09:45 am

Officials signing the memorandum of understanding. DOHA: Qatar Finance & Business Academy (QFBA) and the Hong Kong Institute of Bankers (HKIB) – an...

Qtel honoured as ‘Best Telecom Company’ 26 Sep 2012 - 09:44 am

DOHA: Qtel has been named “Best Telecom Company” at the Arabian Business Qatar Awards 2012 for the second year running, as the prestigious...

QP participates in SAOGE 2012 26 Sep 2012 - 09:43 am

Members of the QP delegation presenting a gift to His Royal Highness Prince Mohammed bin Fahad Al Saud, Governor of Eastern Province of...

IBQ launches structured products 26 Sep 2012 - 09:43 am

DOHA: IBQ yesterday announced the addition of structured products to its suite of wealth management products, offering investors the possibility of earning higher...

Sharp to cut 11,000 jobs 26 Sep 2012 - 09:42 am

TOKYO: Troubled Japanese consumer electronics giant Sharp is to cut 11,000 jobs worldwide and sell $2.7bn worth of assets and factories in a...

Super-rich in Asia to reach 2.67 million by 2015, says survey 26 Sep 2012 - 09:42 am

GENEVA: The number of super-rich in Asia is set to reach 2.67 million people by 2015, with a total net worth of an...

$250bn worth rail projects in Mena region: Report 26 Sep 2012 - 09:42 am

Jeddah: The Middle East and North Africa (Mena) region has allocated more than $250bn worth of investments in various rail projects in the...

Qatar Exchange down 0.28pc 26 Sep 2012 - 09:41 am

Doha: Qatar Exchange was down 24.31 points or 0.28 percent to 8,549.30 points yesterday from the previous closing of 8,573.61. Among the top...

European stocks rise on upbeat US data 26 Sep 2012 - 09:41 am

LONDON: European stock markets posted gains at the close yesterday as encouraging US economic indicators boosted sentiment on both sides of the Atlantic....

Fitch affirms Ahli Bank’s credit rating at ‘A-’ 26 Sep 2012 - 09:41 am

DOHA: Fitch Ratings, the international credit rating agency, has affirmed Ahli Bank’s long-term Issuer Default Rating (IDR) at ‘A-’ with ‘Stable Outlook’. Fitch...

Morgan Stanley no longer bookrunner on Iraqi Asiacell IPO, says official 26 Sep 2012 - 09:40 am

DUBAI: Morgan Stanley has ceased to be a bookrunner on Iraqi telecommunications firm Asiacell’s initial public offer of shares, a source familiar with...

Global financial reform lags: IMF 26 Sep 2012 - 09:40 am

WASHINGTON: The global financial system remains “overly complex” as reforms bog down in the post-recession economic slump, the IMF warned in a report...

Yemen LNG pipeline blown up again 26 Sep 2012 - 09:40 am

DUBAI: A gas pipeline feeding Yemen’s only liquefied natural gas (LNG) export terminal was blown up again yesterday morning, the operating company said....

Mining, energy at risk as people power swamps Chile 26 Sep 2012 - 09:39 am

By Alexandra Ulmer and Fabian Cambero Chile is failing to take a firm hand in regulating its mining and energy industries, leaving billions...