 | Qtel to provide telecom
services at new airport QATAR Telecom (Qtel) has won
the bid to provide an airportwide
telephone system (AWTS)
at the $11 billion New Doha
International Airport (NDIA),
which is scheduled to open in
December.
The telecom operator on
Tuesday signed an ...
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| | IQ names QNB dividend distribution agent |
INDUSTRIES Qatar (IQ), a public
shareholding company listed
on the Qatar Exchange, on
Tuesday named Qatar National
Bank (QNB) its official dividend
distribution agent.
The announcement was made at
a press conference attended by
QNB Executive General Manager
& Chief Business Officer Ali
Ahmed al Kuwari and IQ Chief
Coordinator Abdulrahman Ahmad
al Shaibi and other senior officials.
The QNB will provide dividend
distribution, dividend account
administration and other administrative
support services to IQ to
ensure that shareholders have easier
and more efficient access to their
earned dividends, for a three-year
period starting from ... | | | Eurozone´s December 2011
slump points to recession | A COLLAPSE in household
spending, exports and manufacturing
sucked the life out
of the eurozone´s economy in
the final months of 2011, the
EU said on Tuesday, showing
the scope of the downturn
that looks set to become a
fully fledged recession.
Output in the 17 countries
sharing the euro shrank 0.3
percent in October to
December from the third
quarter, the European
Union´s statistics office
Eurostat said, confirming its
estimate of last month and
giving a more detailed breakdown.
The European Commission
forecasts a recession of the
same magnitude this year.
That would be the euro zone´s
second contraction in just
three years as the bloc´s debt
crisis ... | | | Small is big in Ford´s India drive | FORD Motor Co will focus on
small, low-cost cars in India
to make the country a manufacturing
hub for Africa and
the Asia-Pacific region, the
head of its Indian operations
said, as it races to catch up
with global rivals in the fastgrowing
market.
Ford will launch a slew of
new small cars in India over
the next three years to target
a market it has neglected and
ramp up exports to other
emerging economies as it
doubles capacity in Asia´s
third-largest economy,
where the small car is king.
"We haven´t been a major
player (in India) because we
weren´t positioning ourselves
in the segment where 70 percent
of all cars are sold,"
Michael Boneham, president
of Ford ... | |
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