Business

QIA eyeing emerging markets push 29 Oct 2013 - 04:39 am

DOHA: Qatar’s sovereign wealth fund is looking at more investments in emerging markets in order to diversify beyond developed nations, said a senior...

Turkish Islamic bank gets QFC licence 29 Oct 2013 - 04:39 am

DOHA: Kuwait Turkish Participation Bank Inc has been granted a licence by the Qatar Financial Centre (QFC) Authority, with effect from September 15...

Al Meera’s 9-month profit rises to QR90.9m 29 Oct 2013 - 04:38 am

Doha: Al Meera Consumer Goods Company yesterday disclosed the interim financial statements for the period ending September 30, 2013. The firm revealed a...

Home prices rise in Hong Kong 29 Oct 2013 - 04:37 am

This long exposure picture shows apartment buildings and office blocks clustered tightly together in Hong Kong’s Kowloon district yesterday. Home prices in the...

Vodafone Qatar-Qnbn brings Net connectivity to 32 towers 29 Oct 2013 - 04:37 am

Niraj Singh (left) and Mohamed Madhoun DOHA: Vodafone Qatar and Qatar National Broadband Network (Qnbn) have brought high-speed internet connectivity to 32 business...

Steep fall in Barwa Real Estate profit 29 Oct 2013 - 04:36 am

DOHA: Barwa Real Estate Group, one of the leading real estate and investment companies in Qatar and the region, posted a huge fall...

Masraf Al Rayan nets QR1.25bn profit 29 Oct 2013 - 04:36 am

DOHA: Masraf Al Rayan (MAR) has recorded a net profit of QR 1.25bn for the nine-months period ended September 30, 2013 reflecting an...

QDB preparatory meeting for Big 5 Show in Dubai attracts 33 firms 29 Oct 2013 - 04:36 am

Doha: Qatar Development Bank’s (QDB) preparatory meeting held here for The Big 5 International Building and Construction Show attracted 33 Qatari companies. QDB’s...

Kuwait bourse to launch derivatives trading 29 Oct 2013 - 04:36 am

KUWAIT: Kuwait’s stock exchange plans to launch derivatives trading in the first half of 2014 using its new Nasdaq-backed trading system, a senior...

Dolphin Energy wins prestigious CSR award 29 Oct 2013 - 04:35 am

A Dolphin Energy official receiving the award. Abu Dhabi: Dolphin Energy Ltd has announced that it has won a prestigious award at the...

European stock markets wobble 29 Oct 2013 - 04:34 am

LONDON: European stock markets wobbled yesterday as traders marked time ahead of a key policy meeting of the US Federal Reserve due this...

Saudi extends losses; most markets drop 29 Oct 2013 - 04:33 am

DUBAI: Saudi shares extended losses as earnings disappointed investors, while most other Middle East bourses retreated in profit-taking. Saudi’s retail and telecom sectors...

Morgan Stanley sees worst over for Mideast banking 29 Oct 2013 - 04:33 am

DUBAI: Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end to large-scale...

QFC insurance business rules changed 29 Oct 2013 - 04:33 am

DOHA: The QFC Regulatory Authority yesterday issued new prudential rules for insurance firms operating from the Qatar Financial Centre (QFC), following extensive public...

LNG market to hinge on long-term factors, not spot deals: Qatargas 29 Oct 2013 - 04:33 am

SINGAPORE: Qatargas and other producers of liquefied natural gas (LNG) will continue to make project decisions based on long-term demand and sales rather...

Libya mulling sale of steel plant, 8 firms 29 Oct 2013 - 04:32 am

TRIPOLI: Libya is considering the sale of a steel plant and eight other state companies as part of efforts to overhaul an inefficient...

Bosphorus rail tunnel opens today 29 Oct 2013 - 04:32 am

ISTANBUL: Turkey will today unveil the world’s first sea tunnel connecting two continents, fulfilling a sultan’s dream 150 years ago, but also fuelling...

Syria re-issues sugar and rice tenders 29 Oct 2013 - 04:31 am

ABU DHABI: A Syrian agency re-issued two tenders yesterday, seeking quantities of rice and sugar it has repeatedly tried and failed to obtain...