THE June summit of the eurozone
was initially trumpeted as a
decisive step towards resolving
the crisis. Italy and Spain won
agreement to allow European
institutions to recapitalise banks and
purchase sovereign debt directly.
But once financial ...
Alot of people inside the
Beltway are tut-tutting about
the recent campaign focus on
Mitt Romney's personal history
- his record of profiting even
as workers suffered, his mysterious
was-he-or-wasn't-he role at Bain
Capital after 1999, his equally.
THE 10 Sri Lankan workers,
who had recently been abandoned
at a labour camp by
their company in Madinat
Khalifa finally got justice
and left for Colombo on
Wednesday with all their
outstanding dues cleared...
KATARA Art Studios (KAS), comprising a fully-equipped art studio, a lounge library, two workshop rooms and four exhibitions, will open its door to the public on July 19. Announcing the opening on Wednesday, Curator of Visual.
THE business optimism index (BOI) survey for the third quarter of 2012 reveals a drop in optimism levels following the cautious approach adopted by Qatar's business community, said Prashant ...
EGYPT FELT some early jitters but used its enormous talent to defend the team title in the Doha WSF World Junior Men's Squash Championship with a 2-0 win against Pakistan on Wednesday. At the Khalifa International Tennis and...
RAJESH Khanna is no more after being critically ill from last few months. He breathed his last in the presence of his ex-wife Dimple Kapadia, daughters Rinkie and Twinkle, son-in-law Akshay Kumar, grand children and close ...
AS the Holy Month of Ramadan draws closer, hotels are vying to unveil promotional packages to attract customers during the fasting period. Prominent hotels such as the Sheraton Doha Resort & Convention, Renaissance Doha City Center Hotel, Intercontinental, W Doha, Holiday Villa, Torch Doha Hotel, Ritz Carlton, Sealine Beach Resort have come up with special offers of accommodation.
QTEL launched the ´Alkhair´ (goodness) campaign for the holy month of Ramadan on Wednesday. The campaign is designed to encourage "good deeds during the month of fasting". The campaign aims to promote the significance of "using kind words and helping others during Ramadan". This special campaign comprises a range of community activities and its best-ever mobile Internet rate during the month. To support the ´Alkhair´ campaign, Qtel has created a special...
MALAYALAM newspaper Middle East Chandrika marked the first anniversary of its edition in Qatar, recently. A special programme was held at the Indian Cultural Center´s Ashoka Hall to celebrate the occasion. It was inaugurated by Moosa Zainal Moosa, an advisor at the Ministry of Culture, Arts and Heritage. Speaking on the occasion, Moosa said the media can play a significant role in the exchange of culture and values among nations. "The western coastal region...
DOHA bank reported a net profit of QR740 million for the first half of 2012, a growth of 5.4 percent over QR702 million for the same period in 2011. Net operating income rose 3.5 percent to QR1,222 million while total assets increased by over QR2.3 billion (4.7 percent), from QR49.5 billion as of June 30, 2011 to QR51.9 billion as on June 30, 2012. Net loans and advances rose to QR29.7 billion from QR27.7 billion for the same period last year, registering a...
QATAR stocks have been overlooked this year during a boom in some neighbouring Gulf markets, but new financial reforms and attractive valuations could pave the way for a rebound. Concerns about the slow pace of Qatar´s massive infrastructure building programme has weighed on the Doha stock market this year. Trading volumes have also dropped significantly since mid-June with the summer lull kicking in and initial earnings reports presenting a mixed picture.
THE 17 countries that use the euro have to integrate their economies further if they are to emerge from their economic crisis intact, the International Monetary Fund said on Wednesday. In its latest assessment of the eurozone, the Washington D.C.-based institution urged Europe´s leaders to "demonstrate shared and unequivocal commitment with a clear, credible roadmap to a deeper integration of the euro area." Among the measures it is calling for is a cross...
AMBITIOUS French club Paris Saint-Germain moved into a new dimension on Wednesday as they presented Swedish superstar Zlatan Ibrahimovic to the media as their latest signing. Ibrahimovic joins the bigspending Ligue 1 side on a threeyear contract from AC Milan for a reported fee of around 20 million euros ($24.5m), and stands to earn a salary worth 14m euros a year. "I want to thank Paris Saint- Germain and (sporting director) Leonardo for the great work...
THE QATAR Marine Sports Federation (QMSF), owner of the Spirit of Qatar racing team, is feeling riled up at the way the World Class One Offshore Powerboat Championship is being managed. Though the QMSF has not decided to take any step just like before, its president Sheikh Hassan bin Jabor al Thani, also the pilot of the 96 Spirit Of Qatar boat, sounded quite cheesed off with the tragedy in the second round at Libreville in Gabon last week and the issues regarding ...
BRADLEY Wiggins took another step towards securing his maiden Tour de France crown after a 16th stage won in stylish fashion by Frenchman Thomas Voeckler. Yellow jersey holder Wiggins repelled a number of attacks by Vincenzo Nibali to come over the finish with his Italian rival and Sky teammate Chris Froome around seven minutes behind a triumphant Voeckler. Defending champion Cadel Evans of Australia finished nearly 12 minutes behind Voeckler ...
DEEPIKA Padukone is working with Rajinikath for the first time in Kochadaiyaan, but says she admires Tamil superstar´s child like enthusiasm and never felt any pressure while working with him. "I might have felt pressure before, but when I walk on the sets and the camera starts rolling, I switch off everything and play the character that I have to. That´s how I did Om Shanti Om as well.
"BIPASHA Basu is eager to work with Nawazuddin Siddiqui, the toast of the season, in the supernatural thriller Aatma, says the film´s director Suparn Verma. N a w a z u d d i n plays a lead for the first time in the film. The actor, who had long been overlooked, has become a name to reckon with after his performances in the critically acclaimed Kahaani, Paan Singh Tomar and Gangs of Wasseypur. Verma, who called him a brilliant actor, said: "When we met...
BOLLYWOOD actress Kareena Kapoor is likely to walk the Lakme Fashion Week (LFW) winter-festive 2012 runway at the grand finale to be jointly presented by designer Kallol Dutta and duo Pankaj-Nidhi. The forthcoming edition will be held on August 3-7. "Kareena walked for Manish Malhotra two seasons ago and we have shared the work with her. We are already working with her (for this season). Kareena is taking out time for that," Purnima Lamba, head ...
AN ISRAELI move to recognise
its first university in the occupied
West Bank sparked condemnation
on Wednesday. Israel’s
Higher Education Council in the
West Bank voted on Tuesday in
favour of granting university status
to a college in the northern West
Bank settlement of Ariel.
DOHA BANK reported a net profit
of QR740 million for the first half of
2012, a growth of 5.4 percent over
QR702 million for the same period
in 2011. Net operating income rose
3.5 percent to QR1,222 million
while total assets increased by over
QR2.3 billion (4.7 percent), from
QR49.5 billion as of June 30,
2011 to QR51.9 billion as of June
30, 2012.