Vodafone Qatar full-year
revenue rises by 159%
VODAFONE Qatar on Wednesday said its full-year net loss narrowed to QR600 million from QR673 million a year earlier. The company´s total revenue of the company increased 159 percent year on year to QR935 million...
|France eyes 2% growth |
|FRANCE´S economy is on track to grow by just over 2 percent in 2011 and 2012 despite a progressive reduction in the budget deficit, though unemployment will remain stubbornly high, the OECD said on Wednesday. In its twice-yearly Economic Outlook, the Paris-based organisation also said spare capacity in the euro zone´s second largest economy would limit second-round inflationary pressures, with headline inflation easing to 1.6 percent in 2012. Growth of France´s 2 trillion euro economy would rise to 2.2 percent this year, from 1.4 percent in 2010, and ease slightly to 2.1 percent in 2012. The forecast was slightly more optimistic than an estimate...
|Euro heads for 2-month
low, world stocks fall |
|WORLD stocks fell while the euro headed toward a twomonth low on Wednesday on concerns about the euro zone´s spreading debt crisis and the potential for a further reduction of positions in risky assets. European equities followed Asian and Wall Street shares down as lingering worries over the economic outlook for the United States as well as euro zone woes weighed on sentiment. Europe´s policy options to avert a Greek debt default appear to be dwindling fast, casting a pall over the single currency and fuelling fears of a chain reaction in other heavily-indebted countries in the 17-nation euro area. The euro, which had rallied after better-than-expected German...
|QNB launches ´eazycash´ ATM-supported
cardless cash withdrawal service |
|QNB HAS announced the launch of eazycash, a new cardless cash withdrawal service, supported by the country´s largest network of ATMs. QNB´s eazycash service is the latest addition to the Bank´s highly successful range of electronic banking services to make cash payments easier than ever. With eazycash, registered QNB customers can pay cash to any person in the country via an SMS transaction. The recipient can then collect the funds at any of 189 QNB ATMs in the country. This is the first cardless payment system in Qatar that can be carried out using a mobile phone. While the service is done remotely and easily, it is still very secure as it does not...