Business

Law firm Charles Russell launches Qatar office 05 Dec 2013 - 11:23 am

From left: Patrick Gearon, Partner and Head of Middle East at Charles Russell, British Ambassador to Qatar Nicholas Hopton, Simon Green, Partner and...

Qatar among nations with top global Islamic banking assets 05 Dec 2013 - 11:20 am

Ashar Nazim DUBAI: Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013, according to EY’s latest World...

European stocks slide 05 Dec 2013 - 11:19 am

A businessman uses his smartphone before a share prices board in Tokyo yesterday. Japan’s share prices dropped 341.72 points to close at 15,407.94...

India food fight deadlocks WTO talks 05 Dec 2013 - 11:18 am

Yemen Industry and Trade Minister Saadaldeen Talib (left) receives a placard from WTO Director General Roberto Azevedo of Brazil (right) as a new...

Egypt woos Gulf investors, promises to repay oil firms 05 Dec 2013 - 11:16 am

From left: Mostafa Higazi, the Presidential Adviser for Political Affairs, Egypt’s Finance Minister Ahmed Galal, Egypt’s Central Bank Governor Hisham Ramez and Egypt’s...

Record-breaking floating LNG ship launched 05 Dec 2013 - 11:15 am

LONDON: It will be the biggest thing ever sent to sea - but as the Prelude FLNG vessel was launched on Tuesday, plans...

Volocopter 05 Dec 2013 - 11:14 am

An electric powered vertical take-off aircraft, a so-called ‘Volocopter’, on display in Karlsruhe, Germany. The helicopter-like vehicle is propelled by electric motors.

T-Bill trade props up QE trading value 05 Dec 2013 - 11:13 am

DOHA: Qatar’s main index fell marginally yesterday as retail investors booked profits. The index of Qatar Exchange (QE) slipped 35 points, or 0.34...

Iran names seven oil firms it wants to return 05 Dec 2013 - 11:12 am

VIENNA: Iran yesterday named seven Western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted...

Saudi economic growth picks up in third quarter 05 Dec 2013 - 11:12 am

RIYADH/DUBAI: Saudi Arabia’s economy expanded at an annual rate of 3.1 percent in the third quarter, only half as fast as it grew...

US oil prices rise after drop in supplies 05 Dec 2013 - 11:11 am

NEW YORK: US oil prices jumped yesterday following a surprising drop in US crude inventories, even as concerns about an oversupply of Middle...

Six banks fined $2.3bn for rate rigging 05 Dec 2013 - 11:11 am

BRUSSELS: EU antitrust regulators vowed to keep investigating rate- rigging yesterday as they slapped a record ¤1.7bn ($2.3bn) penalty on six financial institutions...

Kazakhstan to boost tourism 05 Dec 2013 - 11:10 am

ALMATY: Kazakhstan plans to develop of one of the world’s longest ski resorts. The government has approved plan for the creation of an...

US private employers add 215,000 jobs 05 Dec 2013 - 11:10 am

WASHINGTON: US private-sector hiring rose in November at the fastest clip in a year, suggesting the labour market was improving enough for the...

UAE business activity growth at record high in November 05 Dec 2013 - 11:10 am

DUBAI: Business activity growth in the United Arab Emirates’ non-oil private sector accelerated to a record high in November as both output and...

Eaton appoints GM for Mideast 05 Dec 2013 - 11:09 am

DOHA: Power management company Eaton announced the appointment of Frank Ackland as its Middle East general manager with responsibility for the company’s operational...

Iran, Iraq put Opec on notice of big oil output increases 04 Dec 2013 - 11:45 am

VIENNA: Iran and Iraq yesterday put Opec on notice of substantial oil output increases to come, saying others in the producer cartel will...

Barwa Bank and QFBA sign MoU 04 Dec 2013 - 11:43 am

Officials of Barwa Bank and Qatar Financial Business Academy during the signing ceremony. DOHA: Aiming to enhance the professional growth of its employees,...