 | Qtel net profit rises
11.6% at QR2.6bn QATAR Telecom (QTEL) on
Sunday said a strong performance
from its Wataniya portfolio,
along with robust revenue growth
in Kuwait, Tunisia and Algeria
pushed net profit 11.6 percent to
QR2.6 billion compared to QR2.3
billion in 2010.
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| | MEEZA seeks
to tap new
markets for
expansion |
MEEZA, a Qatar
Foundation joint venture,
Information & Technology
(IT) firm is looking beyond
the borders of Qatar for
expansion, a top company
official has said.
"We are looking at tapping
markets in the Gulf
Cooperation Council (GCC)
countries and the Middle
East and North Africa
(MENA) region to expand
our operations," Deputy
Chief Executive Officer
Ghada P El Rassi told Qatar
Tribune, recently.
She said that the marketing
team of the company
has been doing the ground
work to identify new markets
in the GCC and the
MENA region and very
soon the company would
venture outside Qatar.
Asked if the ... | | | Kingfisher Airlines denies
shutdown rumours |
CASH-STRAPPED Kingfisher
Airlines on Sunday refuted
speculation that it planned to
shut down its operations as a
section of pilots have threatened
to boycott work without
pay and dues being given to
them.
The development comes
after Kingfisher´s chief executive
Sanjay Aggarwal met
pilots on Thursday and
sought their cooperation.
However other reports also
said that Aggarwal told pilots
that if they do not cooperate,
then the airline would have to
shut shop.
Seeking to refute the allegations,
an airline spokesperson
said: "Aggarwal met with a
group of pilots to appeal to
them not to stay away from ... | | | Slowing growth, falling exports
may dominate China congress | EUROPEAN Council
President Herman Van
Rompuy warned against
complacency in handling the
eurozone debt crisis and
stressed the need for meeting
budget rules and reducing
deficits.
"The crisis is not yet fully
over. We have come into
calmer waters, true, but the
next two years we have to
make sure this crisis can
never repeat itself," Van
Rompuy told Dutch television
programme Buitenhof on
Sunday.
An agreement for stricter
budget rules, signed by
European leaders on Friday,
and a 1,000 billion euro ($1.3
trillion)liquidity injection by
the European Central Bank
(ECB) had helped to stabilise
financial markets, Van
... | |
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