Business

Barwa Bank, FFC get Islamic Business & Finance awards 16 Dec 2013 - 08:18 am

Barwa Bank officials during the award ceremony. DOHA: Barwa Bank Group, Qatar’s fastest growing Shariah-compliant banking service provider, has been named as the...

QCB framing rules for listing of ETFs 16 Dec 2013 - 08:17 am

DOHA: Banking regulator, the Qatar Central Bank (QCB), said yesterday it is busy framing rules to list exchange traded funds (ETFs) on the...

Eurozone to share cost of bank closures 16 Dec 2013 - 08:16 am

BRUSSELS: The cost of closing down a eurozone bank will initially be borne almost fully by its home country, but the obligations of...

Toyota to start settlement talks on acceleration defect cases 16 Dec 2013 - 08:16 am

New York: Toyota Motor Corp will begin talks to potentially settle hundreds of lawsuits alleging that defects caused some of its vehicles to...

Taper again on table at Fed meeting 16 Dec 2013 - 08:15 am

WASHINGTON: Steady economic gains, including a sharp fall in the unemployment rate, should stir the US Federal Reserve to begin trimming its stimulus...

Plans for new LDPE facility in early stage: IQ 16 Dec 2013 - 08:15 am

DOHA: Industries Qatar (IQ), one of the region’s industrial giants, yesterday confirmed that contrary to reports in sections of the media, plans for...

Brazil to avoid ‘confusing accounting’ 16 Dec 2013 - 08:14 am

SAO PAULO: Brazil will no longer resort to creative accounting to meet a closely watched primary budget surplus target and expects its fiscal...

Decision to reduce Greek debt must be in spring: PM 16 Dec 2013 - 08:13 am

ATHENS: Greek Prime Minister Antonis Samaras urged the eurozone to confirm early next year it would again write-down part of his country’s huge...

QFMA holds training on dispute resolution 16 Dec 2013 - 08:13 am

DOHA: The Qatar Financial Markets Authority (QFMA)has organised a training programme on ‘Dispute Resolution Procedures’. The training was for the implementation of the...

Ford to hold analyst meeting 16 Dec 2013 - 08:12 am

DETROIT: Ford Motor Co said it will host an analyst meeting next week, a surprise move that comes as the company prepares for...

East Libyan leader against opening ports 16 Dec 2013 - 08:12 am

AJDABIYA/TRIPOLI: The leader of a movement pushing for greater autonomy in eastern Libya said yesterday he would not end the blockade of several...

Egypt to repay part of debt to oil companies in local currency 16 Dec 2013 - 08:12 am

CAIRO: Egypt will pay $300m of the money it owes to foreign oil companies in Egyptian pounds, a Finance Ministry statement said, as...

Petrobras imports, refining losses may rise on new rules 16 Dec 2013 - 08:11 am

RIO DE JANEIRO: The outlook for cutting money-losing fuel imports at state-run oil company Petrobras dimmed after Brazil’s petroleum regulator said it plans...

PetroRabigh says marketing fee deal to boost revenue 16 Dec 2013 - 08:11 am

Al KHOBAR: Saudi Arabia’s PetroRabigh expects its revenues to rise by almost SR1bn ($267m) this year after its parent companies agreed to cut...

Kuwait to secure $1.43bn for major power project 16 Dec 2013 - 08:10 am

KUWAIT: Kuwait is set to secure $1.43bn in financing from a consortium of banks for a power and desalination plant, one of the...

Iran cancels Pakistan pipeline loan 16 Dec 2013 - 08:09 am

TEHRAN: Iran has canceled a planned $500m loan to Pakistan to build part of a pipeline to bring natural gas from the Islamic...

Qatar Exchange index adds 40.72 points 16 Dec 2013 - 08:09 am

Doha: Qatar Exchange pursued its upswing trend yesterday adding 40.72 points, or 0.39 percent, to advance to 10,526.95 points from 10,486.23 on Thursday....

Three Qatari stocks in Mubasher’s Mena Favourite List 16 Dec 2013 - 08:09 am

DOHA: Mubasher Trade Research has created a “Mena Favourite List” which highlights its top investment ideas across the region. The list comprises 20...