Business

Weatherford to pay $253m in US sanctions 27 Nov 2013 - 07:04 am

WASHINGTON: Oil field services firm Weatherford International reached a $253m settlement with several US government agencies on charges that include sanction violations and...

Bank of Ireland to raise over €500m 27 Nov 2013 - 07:04 am

DUBLIN: Bank of Ireland will raise between ¤500 and ¤600m of equity as early as next week as part of a key refinancing...

EU parliament chief in favour of more aid to Greece 27 Nov 2013 - 07:04 am

ATHENS: European Parliament President Martin Schulz said yesterday he was in favour of providing additional aid to Greece if the debt-wracked country achieves...

Easing Iran curbs won’t affect Qatar 27 Nov 2013 - 06:32 am

DOHA: The deal to lift sanctions against Iran will not have any significant impact on Qatari economy, despite expectations of lower energy prices...

Bulgarian trade team explores investment opportunities 26 Nov 2013 - 10:12 am

Bulgarian officials holding talks at Qatar Chamber headquarters yesterday. DOHA: A high level trade mission led by Krassinn Dimitrov, Deputy Minister of Economy...

Qatar bourse index rises by 0.15pc 26 Nov 2013 - 10:10 am

Doha: Qatar Exchange ended in the green when trading closed yesterday at 10,341.07 points, up 15.35 points or 0.15 percent from the previous...

QNB wins Seatrade award 26 Nov 2013 - 10:09 am

QNB officials receiving the award. DOHA: QNB bagged a major award at the 10th anniversary Seatrade Middle East & Indian Subcontinent Awards held...

Salam International General Assembly 26 Nov 2013 - 10:08 am

Salam International Chairman Issa Abdul Salam Abu Issa (sixth left) and other board members during the Extraordinary General Assembly at The Gate Doha...

QP stand at SAOGE 2013 26 Nov 2013 - 10:07 am

The Qatar Petroleum stand at the 5th Saudi Arabia International Oil & Gas Exhibition (SAOGE 2013), which runs until Wednesday, at the Dhahran...

Hutchison Whampoa sells plot in HK for $69.4m 26 Nov 2013 - 10:06 am

Residential and commercial buildings sit in the upmarket Victoria Peak area in Hong Kong yesterday. Hutchison Whampoa Ltd, controlled by Asia’s richest man...

Public finance law on the anvil: Official 26 Nov 2013 - 10:04 am

DOHA: A new law to regulate financial activities of the government and public sector organisations (public finance law) is on the anvil, a...

Egypt suspends rice exports until further notice 26 Nov 2013 - 10:04 am

ABU DHABI: Egypt suspended rice exports less than a week after issuing licences to sell the grain abroad, the head of the rice...

Bangladesh, US sign trade agreement 26 Nov 2013 - 10:03 am

DHAKA: Bangladesh and the United States signed a trade agreement yesterday in a move Dhaka hoped would bolster a relationship damaged by the...

WTO talks fail to agree on deal text 26 Nov 2013 - 10:03 am

GENEVA: Marathon talks on the World Trade Organisation’s first-ever worldwide trade reform in Geneva failed early yesterday to agree on a text to...

Key European markets climb; gold shines 26 Nov 2013 - 10:02 am

LONDON: European stock markets climbed yesterday after Iran struck a landmark deal on its nuclear programme that will see sanctions eased on the...

Hard for Iran to up oil exports: IEA 26 Nov 2013 - 10:02 am

MOSCOW: It would be difficult for Iran to revive its oil output to former levels quickly even if international restrictions on its exports...

Private firm to manage Fujairah grain silos 26 Nov 2013 - 10:01 am

ABU DHABI: The UAE will start operating new grain silos in Fujairah within the coming months and has picked a private company to...

Etisalat fined for blocking du’s promo texts 26 Nov 2013 - 10:01 am

DUBAI: The UAE telecom regulator yesterday fined former monopoly Etisalat for blocking text messages that would have provided its customers with details on...