Business

ibq appoints retail banking head, deputy 19 Mar 2013 - 12:38 am

Doha: International Bank of Qatar (ibq) yesterday announced two key executive appointments within Retail Banking. Andrew Ball is appointed Head of Retail Banking...

Qatar denies plans to take over M&S 19 Mar 2013 - 12:37 am

Qatar denies plans to take over M&SDUBAI/LONDON: Marks & Spencer shares surged yesterday on speculation that a faltering turnaround effort and flagging profits...

GIS to get QNB’s expertise in dividend distribution 19 Mar 2013 - 12:37 am

Doha: For the second consecutive year, Qatar National Bank (QNB), the largest financial institution in the MENA region, was appointed the official Dividend...

al khaliji to go paperless 19 Mar 2013 - 12:37 am

Doha: Al Khalij Commercial Bank (al khaliji) QSC, yesterday announced, that it will switch over to the environmentally friendly (e-statement) system and cease...

Cb to acquire major stake in Turkish bank 19 Mar 2013 - 12:36 am

DOHA: Commercialbank of Qatar (Cb) has agreed to acquire a 70.84 percent shareholding in Alternatifbank AS in Turkey (“ABank”) from Anadolu Endustri Holding...

‘Valley City’ project bags prestigious award 18 Mar 2013 - 02:51 am

Dr Sheikh Khalid bin Thani bin Abdullah Al Thani (second left) (Chairman at Ezdan Holding Group), to his right side engineer Hesham Al-Sahatri...

Abu Dhabi gets world’s biggest solar power plant 18 Mar 2013 - 02:49 am

Journalists visit the Shams 1 solar power plant in Al Gharibiyah district on the outskirts of Abu Dhabi yesterday. MADINAT ZAYED, UAE: Oil-rich...

UK’s Osborne may stick to austerity plan in budget 18 Mar 2013 - 02:49 am

LONDON: Britain’s finance minister is set to stick to his guns on austerity in next week’s budget, despite increasing calls for a change...

Banks lift UAE bourses; Qatar’s measure slips 18 Mar 2013 - 02:49 am

DUBAI: Banks helped lift the Abu Dhabi and Dubai bourses yesterday as investors bet on a fundamental improvement in the sector, while most...

Qatari, Turkish businessmen cement ties 18 Mar 2013 - 02:47 am

The Chairman of the Qatari Businessmen Association Sheikh Faisal bin Qassim Al Thani and Turkey’s Minister of Economy Zafer Caglayan, exchange mementoes in...

Al Sada meets Azerbaijan’s Minister 18 Mar 2013 - 02:46 am

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

Spotlight falls on M&S over Qatari interest 18 Mar 2013 - 02:45 am

LONDON: British retailer Marks & Spencer was at the centre of fresh bid speculation yesterday, with takeover talk resurfacing after a year of...

QCB: Assets of Islamic banks reach QR195bn 18 Mar 2013 - 02:45 am

Doha: The assets of Islamic banks in Qatar were QR195bn at the end of 2012 compared to QR8.8bn 10 years ago, Governor of...

Asset management industry growing 18 Mar 2013 - 02:45 am

DOHA: Assets under management in Qatar, sponsored by entities based in Qatar, increased 0.1 percent in 2012 H1, noted a Qatar Financial Centre...

FIFA 2022 may cause inflationary pressures 18 Mar 2013 - 02:44 am

DOHA: In the run up to FIFA 2022, Qatari economy is expected face numerous challenges that are likely to be translated into inflationary...

All forms of energy critical to Qatar’s growth, says official 18 Mar 2013 - 02:43 am

DOHA: ExxonMobil has emphasised that all forms of energy will be critical to economic growth, development, and social welfare of Qatar. Sharing ExxonMobil’s...

Weekly Money Market Review with IBQ: Investors ignore tax hikes, spending cuts and the sequester 18 Mar 2013 - 02:42 am

The US Dollar lost some momentum by the end of the week after recording the highest level in few months against the Euro,...

$2bn for energy efficient vehicle research 17 Mar 2013 - 01:53 am

Henning Lohse-Busch, a research engineer at the Argonne National Lab, demonstrates electric car technology to US President Barack Obama during a tour of...