Business

Qatar, Malaysia sign pact 27 Jan 2014 - 12:15 am

The Minister of Commerce and Trade, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani met Malaysia’s Minister of International Trade and...

Al Sada meets Senegalese minister 27 Jan 2014 - 12:14 am

The Minister of Energy and Industry, H E Dr Mohamed bin Saleh Al Sada, met the visiting Senegalese Minister of Energy Maimouna Ndoye...

Lagoon Capital hosts Qatari businessmen 27 Jan 2014 - 12:13 am

From right: Tarek Kanoo of the Kanoo Group, former US Ambassador to Qatar Joseph LeBaron, Professor Bulent Gultekin, Advisory Board Member of Lagoon...

Buyers’ market for oil firms in Davos 27 Jan 2014 - 12:12 am

German Klaus Schwab (left), founder and president of the World Economic Forum, closes the forum next to US Cellist and Composer Zoe Keating...

Apple Macintosh design team 27 Jan 2014 - 12:11 am

Members of the original Apple Macintosh design team gather on stage for a group photo during an event celebrating the 30th anniversary of...

Emaar Properties appoints new CEO 27 Jan 2014 - 12:10 am

DUBAI: Dubai’s Emaar Properties has appointed a new chief executive, the major real estate developer said yesterday. Abdulla Lahej is the new CEO....

Qatar Exchange index dips as regional bourses tumble 26 Jan 2014 - 11:58 pm

Doha: Qatar Exchange index lost 39.45 points yesterday to close at 11,298.96 points from the previous closing of 11,338.41 points on Thursday. The...

Saudi Mobily to launch piggyback mobile service 26 Jan 2014 - 11:57 pm

DUBAI: Saudi Arabia’s Mobily will start leasing its mobile phone network to a new operator to launch a rival service in the first...

Chrysler dealers upbeat about purchase by Fiat 26 Jan 2014 - 11:56 pm

NEW ORLEANS: Chrysler dealers from around the US seem revved up by the purchase of the US carmaker by Italy’s Fiat SpA. They...

Venezuela orders price controls 26 Jan 2014 - 11:55 pm

CARACAS: Venezuela decreed a new price control law that sets limits on company profits and establishes prison terms for those charged with hoarding...

Residential real estate in Abu Dhabi rebounds 26 Jan 2014 - 11:55 pm

ABU DHABI: Abu Dhabi’s residential real estate market rebounded strongly last year from a slump, helped by government intervention, a report by a...

Emaar to triple investment in port project 26 Jan 2014 - 11:55 pm

DAVOS: Emaar Economic City, a big Saudi real estate firm, has started operations at the country’s first privately owned port and will more...

China urges US to stop new dumping probe 26 Jan 2014 - 11:54 pm

BEIJING: China’s commerce ministry called on the United States yesterday to stop anti-dumping investigations into imports of solar power products from China, expressing...

ADCB’s fourth quarter net profit jumps 40 percent 26 Jan 2014 - 11:53 pm

ABU DHABI: Abu Dhabi Commercial Bank (ADCB), the UAE’s third largest lender by market value, posted a 40 percent rise in fourth-quarter net...

Fifty One East sponsors Qatar Masters 26 Jan 2014 - 11:51 pm

Doha: For more than 15 years, Fifty One East, the retail chain in Qatar and Rolex, sponsored the recently concluded Commercial Bank Qatar...

European banks have €84bn capital shortfall: OECD estimate 26 Jan 2014 - 11:50 pm

FRANKFURT/PARIS: European banks have a combined capital shortfall of about ¤84bn $115bn, German weekly WirtschaftsWoche reported, citing a new study by the Organisation...

Lagarde warns of risks to global recovery 26 Jan 2014 - 11:49 pm

DAVOS: The International Monetary Fund’s managing director warned of the risks posed to global economic recovery from the reduction of the US Federal...

Global regulators eye benchmark after rigging probe 26 Jan 2014 - 11:49 pm

WASHINGTON: A powerful global financial regulator will scrutinise benchmarks used in currency trading, it said, a first sign that the largely unregulated market...