Business

European car market shows signs of recovery 20 Nov 2013 - 12:57 pm

PARIS: The European Union car market showed signs of recovery for the second month running in October when sales rose by 4.7 percent,...

Weekly Money Market Review with IBQ: Yellens: It is imperative to promote a strong recovery 20 Nov 2013 - 12:56 pm

Last week, markets translated Vice Chairman Yellen’s testimony before the Senate Banking Committee as broadly dovish. Yellen avoided providing any specific guidance as...

Investor caution ends global share rally 20 Nov 2013 - 07:40 am

LONDON: World shares fell yesterday as concern that the recent stock rally has been overdone grew after the OECD cut its global economic...

EasyJet reports sharp rise in profits 20 Nov 2013 - 07:40 am

LONDON: British budget airline easyJet reported a sharp rise in annual profit and said it would pay a £175m ($282m) special dividend to...

Monetary policy not source of growth, says ECB’s chief economist 20 Nov 2013 - 07:39 am

FRANKFURT: Monetary policy is not the source of economic growth, which lies in the hands of politicians and governments, the European Central Bank’s...

Glitch halts trading at Qatar bourse 20 Nov 2013 - 03:18 am

The Qatar Exchange headquarters at Al Dana Tower, in West Bay. DOHA: A technical glitch disrupted trading on the Qatar bourse yesterday, prompting...

Airbus, Boeing sign Gulf deals at Air Show 19 Nov 2013 - 07:41 am

DUBAI: Airbus and Boeing signed deals to buy some $5bn of parts and materials from Abu Dhabi yesterday, in a sign Gulf states...

Qatar First Bank appoints Chief Business Officer 19 Nov 2013 - 07:40 am

DOHA: Qatar First Bank (QFB) yesterday announced the appointment of Sulaiman Yousif Al Salhi (pictured) as its Chief Business Officer (CBO). Sulaiman brings...

Rolls-Royce wins $300m Qatar Airways engine order 19 Nov 2013 - 07:40 am

DOHA: Rolls-Royce has won a $300m order from Qatar Airways for Trent 700 engines to power five Airbus A330 freighter aircraft. Qatar Airways...

GCC investments in SMEs very low: Official 19 Nov 2013 - 07:40 am

Doha: Total GCC investments in small and medium enterprises amounts to $14bn, around 4.2 percent of the total investments in the Gulf industrial...

QPI, Total ink Congo agreement 19 Nov 2013 - 07:21 am

DOHA: Pursuant to a framework agreement signed on May 7, Qatar Petroleum International (QPI) and Total, an integrated oil and gas giant, have...

Spotlight on Kahramaa at solar summit 19 Nov 2013 - 07:16 am

The Director of Technical Affairs Department at Qatar General Electricity and Water Corporation, Ahmed Nasser Al Nasser (second right), inaugurates the Solar Qatar...

Dubai Investments plans to raise $300m from sukuk sale 19 Nov 2013 - 07:15 am

DUBAI: Dubai Investments aims to raise $300m from a debut sale of Islamic bonds by the end of 2013 after delaying a similar...

Oil slips to $108 ahead of Iran nuclear talks 19 Nov 2013 - 07:15 am

LONDON: Brent crude oil fell toward $108 a barrel yesterday after a week of sharp gains ahead of talks between Iran and the...

Saudi bourse tightens rules 19 Nov 2013 - 07:15 am

RIYADH: The Saudi Arabian Capital Market Authority (CMA) has tightened rules on how long shares in listed firms can trade if the companies...

GCC energy exports may be hit by next decade: Official 19 Nov 2013 - 07:14 am

RasGas Chief Safety, Health, Environment and Quality Officer, Brett Doherty, at the 2nd Doha Carbon and Energy Forum. Doha: According to recent studies,...

QDB, QNB in deal to boost non-oil exports 19 Nov 2013 - 07:13 am

Officials of Qatar Development Bank and Qatar National Bank exchange the documents yesterday. DOHA: Qatar Development Bank (QDB) yesterday announced the signing of...

Bull run continues at QE 19 Nov 2013 - 07:13 am

Doha/DUBAI: Bourses across the Gulf gained yesterday along with global markets, with the exception of Kuwait, where property stocks dropped after a local...