Business

QE index adds 50.64 points 01 May 2014 - 07:06 am

Doha: Qatar Exchange closed in the green area yesterday by adding 50.64 points more to advance to 12,677.59 points from 12,626.95 on Tuesday,...

Opec output up in April 01 May 2014 - 07:05 am

LONDON: Opec’s oil output has risen in April from March’s three-month low, a survey found yesterday, although African outages and sabotage in Iraq...

Barwa Real Estate posts QR266m net profit in Q1 01 May 2014 - 07:05 am

DOHA: Barwa Real Estate Group delivered a net profit of QR266m with QR0.68 per share, compared to QR158m and QR0.41 profit per share...

Consumer demand rise must for China growth 01 May 2014 - 07:04 am

Doha: China is undergoing a fundamental shift in its economic structure. For the last 30 years, the Chinese economy has been driven by...

Fitch upgrades Al Khalij rating 01 May 2014 - 07:04 am

DOHA: Al Khalij Commercial Bank (al khaliji) announced that Fitch Ratings has upgraded its long-term issuer default rating (IDR) to ‘A’ from ‘A-’....

Greece expects to beat target, may issue bonds 01 May 2014 - 07:03 am

ATHENS: Greece said yesterday it expected to beat a 2014 budget target set by its international lenders and may tap bond markets again...

Eurozone inflation edges up, ECB action seen less likely 01 May 2014 - 07:03 am

BRUSSELS: Eurozone inflation rose in April, reducing chances the European Central Bank will act soon to ward off deflation, but the pace of...

Business-to-business matchmaking zone open at QITCOM 2014 01 May 2014 - 07:03 am

Doha: The Organising Committee of Qatar ICT Conference and Exhibition (QITCOM 2014), which is set to be held at the Qatar National Convention...

Daimler says profits nearly double in Q1 01 May 2014 - 07:02 am

FRANKFURT: German carmaker Daimler said yesterday it got off to a good start in 2014 with profits nearly doubling in the first three...

Etihad-Alitalia talks on, but won’t budge on demands 01 May 2014 - 07:02 am

MILAN: Etihad Airways has signalled that it is ready to continue talks on a potential investment in Italy’s troubled Alitalia but it refuses...

Batelco Q1 profit up 8pc to $38.46m 01 May 2014 - 07:01 am

DUBAI: Bahrain Telecomm-unications Co (Batelco) posted an 8 percent rise in first-quarter profit yesterday as the operator added more domestic subscribers and revenue...

IMF says Russia is in recession, cuts forecast 01 May 2014 - 07:01 am

MOSCOW: The International Monetary Fund said yesterday that Russia is already in recession and slashed its growth forecast for 2014 citing the effect...

Qatar research community prepares for supercomputing 01 May 2014 - 04:46 am

Doha: Qatar Foundation Research and Development (QF R&D) yesterday gathered experts at the inaugural National Computing Infrastructure for Research (NCIR) User Forum in...

Businesswoman blasts Qatar Chamber for bias 01 May 2014 - 03:44 am

Suhaila Rabia Hareb. Kammutty VP By MOHAMED OSMAN DOHA: A Qatari businesswoman says she was not allowed to contest the upcoming May 12...

Twitter at lowest level since debut after disappointing user growth 01 May 2014 - 01:21 am

NEW YORK: Twitter shares sank to their lowest levels since the company’s market debut after the popular messaging platform reported a jump in...

Spain reports fastest growth in six years 01 May 2014 - 01:20 am

MADRID: Spain announced yesterday its fastest economic growth in six years in the first quarter of 2014 even as it failed to dent...

S&P downgrades 15 Europe banks 01 May 2014 - 01:17 am

London: Ratings agency Standard & Poor’s said it has downgraded 15 European banks, including Barclays Credit Suisse and Deutsche Bank, after European lawmakers...

Milaha’s first quarter net profit touches QR349m 30 Apr 2014 - 07:56 am

DOHA: Qatar Navigation (Milaha) recorded a net profit of QR349m for the first quarter of 2014, up 1 percent, compared with QR345m posted...