 | India, Qatar to set up joint business council THE business chambers of India
and Qatar on Monday signed a
pact to set up a joint business
council that will promote twoway
trade and investment. The
Federation of Indian Chambers
of Commerce and Industry
(FICCI)...
|
|
| | Al Meera to invite bids for
Ain Khalid mall in Q2 | AL MEERA Consumer Goods
Company´s shopping mall in
Ain Khalid will be opened in
2014, and its concept would be
replicated in another location
north of Doha in the coming
years, its vice-chairman has
said.
"The bids for the construction
of the mall in Ain Khalid is
expected to be invited in the second
quarter of this year. The
45,000-square-metre mall will
have 10,000 square metre
hypermarket that will house
electronic and furniture stores,"
Al Meera Vice-Chairman Saif
Said al Sowaidi said. He was
speaking at the annual general
meeting of the company, in
Doha, on Monday.
Talking about other projects,
Sowaidi said the ... | | | Oil declines to $122 on
Iran talks, US jobs data | OIL prices fell more than $1
on Monday after Iran agreed
to resume talks over its
nuclear programme, easing
fears of a supply disruption in
the Middle East.
Prices were also under
pressure on concerns about
the pace of US economic
recovery after data last week
showed US employers had
hired far fewer workers in
March than in previous
months. Job growth in the
world´s biggest oil consumer
slowed to 120,000, the smallest
increase since October.
Brent crude was down
$1.19 a barrel to $122.24 by
1110 GMT after slipping
below $122 earlier in the day.
US oil traded $1.46 a barrel
lower at $101.85.
"If there are some good
vibrations from the Iranian
talks and they ... | | | AOL to sell 800 patents
to Microsoft for $1bn | AOL ANNOUNCED plans to
sell more than 800 patents
to Microsoft in a $1.056 billion
deal giving the struggling
Internet pioneer a
needed cash injection as it
seeks to fend off pressure
from shareholders.
The deal also provides
Microsoft with licenses to
more than 300 additional
patents and patent applications,
AOL said in a statement.
AOL chief executive Tim
Armstrong said the deal
"unlocks current dollar value
for our shareholders and
enables AOL to continue to
aggressively execute on our
strategy to create long-term
shareholder value."
Microsoft general counsel
Brad Smith said in the statement
that the software giant
is getting "a valuable portfolio
that we have been... | |
|
|
|