Business

Opec likely to keep output ceiling 02 Dec 2013 - 08:59 am

VIENNA: The Organisation of Petroleum Exporting Countries (Opec) meets here this week to decide on the cartel’s oil output against a backdrop of...

Qatar bourse index rises by 0.2 percent 02 Dec 2013 - 08:58 am

DUBAI: Egypt’s bourse posted the biggest gain in the region, rising 1.4 percent in thin trading as the country was readying a draft...

Zain wants to keep control of Bahrain arm after IPO 02 Dec 2013 - 08:58 am

DUBAI: Telecom operator Zain wants to retain majority control of its Bahraini subsidiary after the unit’s initial public offering, but has yet to...

Foreign investors return to Spain 02 Dec 2013 - 08:57 am

MADRID: A year after fleeing Spain as its economy tottered on the brink of a full-blown sovereign bailout, foreign investors are coming back....

Gold prices plunge 02 Dec 2013 - 08:57 am

LONDON: November brought more bad news for believers in the eternal power of gold: The commodity saw its sharpest monthly price fall since...

Buyers recycle jewellery in India 02 Dec 2013 - 08:56 am

MUMBAI: Faced with high premiums to secure scarce supplies of gold, relatives and guests at Indian weddings are having their old heirlooms melted...

UAE to spend $5.5bn more on development projects 02 Dec 2013 - 08:55 am

DUBAI: The President of the United Arab Emirates yesterday announced an extra Dh20bn ($5.5bn) of spending on approved development projects and launched a...

South Korea’s exports for November rise to $47.92bn 02 Dec 2013 - 08:55 am

SEOUL: South Korea’s exports for November rose to $47.92bn on the back of robust sales of mobile devices and ships, official data showed...

Minister visits sand washing plant 01 Dec 2013 - 08:15 am

The Minister of Economy and Trade H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani with officials and dignitaries during a visit...

Shaika Al Maskari at S’Agaro meet 01 Dec 2013 - 08:14 am

Shaika Al Maskari (right), President of Abu Dhabi’s Al Maskari Holding, takes part in a round table on business growth as she attends...

IMF chief in Cambodia 01 Dec 2013 - 08:14 am

International Monetary Fund (IMF) Managing Director Christine Lagarde (left) talks with the Governor of the National Bank of Cambodia Chea Chanto at Siem...

Fuel price rise in Brazil 01 Dec 2013 - 08:12 am

Thyssen announces capital raise as US deal sealed 01 Dec 2013 - 08:11 am

The interior of the ThyssenKrupp Steel USA factory in Calvert, Alabama. ThyssenKrupp has agreed to compensate buyers of its US steel plant for...

Myanmar SEZ project 01 Dec 2013 - 08:10 am

QE index rose by 5.46pc in Nov 01 Dec 2013 - 08:08 am

DOHA: Qatar Exchange index rose by a high 5.46 percent in November 2013, recording its second largest gain this year after April when...

US shale gas no game changer for Qatar 01 Dec 2013 - 08:07 am

Doha: The development of US shale gas extraction to tap previously inaccessible reserves, the so-called US shale gas revolution, is not proving to...

Qatar producer Price Index rises by 1.4pc 01 Dec 2013 - 08:07 am

DOHA: Qatar’s Producer Price Index (PPI) of Industrial Sector for Q3, 2013 stood at 168.6 showing an increase of 1.4 percent when compared...

QNB launches Al Safwa services 01 Dec 2013 - 08:06 am

DOHA: Qatar National Bank (QNB) announced the launch of “Al Safwa” services that provides an innovative gateway and a one-stop solution for Egyptian...