Business

Qatar Airways adds flights to Colombo and Dhaka

August 22, 2017

DOHA, Qatar, 21 August 2017: Qatar Airways continues to expand with new flights to Sri Lanka and Bangladesh. Saying it is responding to robust demand from passengers it is increasing its Colombo service from four to five flights weekly effective 11 September. The airline’s Dhaka service will also [...]

Qatar Plans Food Cluster to Boost Supplies at Home

July 17, 2017

Domestic Al Jaber Engineering awarded $431 million contract Project was started last year, before Saudi-led boycott Qatar will spend 1.6 billion riyals ($431 million) to build a food-processing and storage facility near Hamad Port in about two years that will more than meet local demand for sugar, [...]

$1 billion headache for Airbus as Qatar cancels four jets

July 7, 2017

(Reuters) – Qatar Airways has axed orders for four A350s because of delivery delays, Airbus said on Thursday, handing the European planemaker a new headache over what to do with jets worth $1.2 billion at list prices as it tries to close a sales gap with rival Boeing. The decision means [...]

Qatar Airways joins Gulf carriers off US laptop ban list

July 6, 2017

Doha, Qatar — Qatar Airways joined two other major long-haul Gulf carriers on Thursday in getting off a U.S. ban on laptops and large electronics in airplane cabins, despite facing logistical challenges amid the country’s diplomatic dispute with several Arab nations. Doha-based Qatar Airways, [...]

US to allow electronic devices in Etihad Airways departing AbuDhabi

July 2, 2017

The United States has granted permission to the UAE’s Etihad Airways for personal electronic devices to be allowed in the cabins of US-bound aircraft departing Abu Dhabi, American authorities said Sunday. The move comes more than three months after the United States prohibited such devices on [...]

Qatar Riyal stable against US dollar, says QCB

June 30, 2017

(QNA- 30th June 2017)- Qatar Central Bank (QCB) has said that the reports circulating across different media about the trading and exchange rate of the Qatari riyal are baseless. In a statement issued yesterday, QCB said the Qatari riyal’s exchange rate is absolutely stable against the US [...]

Uber CEO Travis Kalanick resigns

June 21, 2017

SAN FRANCISCO — Travis Kalanick has resigned as CEO of Uber, the ride-hailing company he helped found. Kalanick stepped down late on Monday Pacific time, after receiving a letter from some of the largest investors in the company. The letter, titled “Moving Uber Forward,” asked that [...]

Qatar Airways wins ‘Airline of the Year’ award 2017

June 20, 2017

PARIS (CNNMoney) – For Qatar Airways, it was the best of times and it was the worst of times. During a glitzy awards ceremony Tuesday at the Paris Air Show, Qatar Airways was named “Airline of the Year” by the international air transport ratings group, Skytrax. The award comes as [...]

Barclays Four Former Top Executives Charged With Fraud Over Fundraising With Qatari Investors

June 20, 2017

Bank, ex-chief executive and three others accused, marking first time any top bankers have faced charges over financial crisis The Serious Fraud Office has charged Barclays, its former chief executive and three other former top executives with fraud over the way it raised billions of pounds from [...]

Qatar Airways CEO Warns of ‘Lasting Wound’

June 20, 2017

The CEO of Qatar Airways says the blockade imposed on his country by its Gulf neighbors “will leave a lasting wound.”. PARIS (AP) — The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting wound” and that he [...]