Business

Brent oil rises as Iran talks end without deal 12 Nov 2013 - 11:15 am

NEW YORK: Brent crude oil prices rose more than $1 per barrel yesterday after Iran and six world powers fell short of reaching...

Egypt tender to develop Suez Canal soon 12 Nov 2013 - 11:15 am

CAIRO: Egypt will finalise a tender for the development of the Suez Canal by the end of the month, the investment minister said,...

Foreign trade surplus widens to QR32.9bn 12 Nov 2013 - 11:15 am

DOHA: Qatar’s foreign trade surplus widened to QR32.9bn ($9bn) in September 2013. The figure shows an increase of QR0.3bn, up 0.9 percent compared...

Ukraine halts gas imports from Russia 12 Nov 2013 - 11:14 am

MOSCOW/KIEV: Ukraine halted Russian gas imports last Friday in a dispute over pricing, sources in Russia’s gas industry and state export monopoly Gazprom...

Qatar Exchange back above 10,000 points 12 Nov 2013 - 11:14 am

Doha/DUBAI: Qatar Exchange rose back above the psychologically important level of 10,000 points for the first time since August yesterday. It ended at...

Economic forum in Kuwait 12 Nov 2013 - 11:12 am

Kuwaiti Minister of Finance Sheikh Salem Abdulaziz Al Sabah (centre), Deputy Secretary General of the Arab League Ahmed Ben Helli (left), and African...

UAE to build Middle East’s first land-based LNG import terminal 12 Nov 2013 - 11:12 am

DUBAI: EmiratesLNG will build and operate the Middle East's first land-based liquefied natural gas (LNG) import facility at Fujairah, having won government approval...

Etihad in talks to buy Airbus jets 12 Nov 2013 - 11:12 am

DUBAI/PARIS: Abu Dhabi’s Etihad Airways is in talks to buy jets from Airbus even as it puts the finishing touches to a reported...

Bapco seals gasoil and jet fuel term contracts 12 Nov 2013 - 11:11 am

SINGAPORE: Bahrain Petroleum Co (Bapco) has finalised its 2014 jet fuel and gasoil term contracts with several companies, with premiums set at lower...

Zain extends profit slump 12 Nov 2013 - 11:11 am

DUBAI: Zain, Kuwait’s No. 1 telecom operator, blamed a plunge in the Sudanese pound and other foreign exchange moves as it reported a...

Marks & Spencer woos India’s young 12 Nov 2013 - 11:10 am

Workers prepare a sign ahead of the opening of a Marks & Spencer store in Mumbai yesterday. MUMBAI: Britain’s biggest clothing retailer Marks...

Twitter shares are Shariah-compliant, says US screening firm 12 Nov 2013 - 11:09 am

DUBAI: Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to...

Chinese spend billions in online shopping rush 12 Nov 2013 - 11:09 am

BEIJING: Chinese shoppers spent billions of dollars online yesterday, data showed, as they took advantage of discounts offered on Singles Day, a festival...

Better outlook a challenge to BoE’s rates message 12 Nov 2013 - 11:09 am

LONDON: The Bank of England (BoE) faces the tricky task this week of upgrading its economic and employment forecasts without stoking speculation in...

Qatar calls for carbon mitigating solutions 12 Nov 2013 - 05:04 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with other officials during the 2nd Doha Carbon and...

Accolades for QIB Fraud Control Unit 11 Nov 2013 - 09:56 am

Officials of Qatar Islamic Bank and Visa with the certificate of appreciation. DOHA: Qatar Islamic Bank’s (QIB) Card Processing Department — Fraud Control...

QP takes part in UAE expo 11 Nov 2013 - 09:55 am

Officials at the QP stand at the Abu Dhabi International Petroleum Exhibition. DOHA: Qatar Petroleum (QP) is taking part in the 16th edition...

Gulf markets witness bout of profit-taking 11 Nov 2013 - 09:54 am

Doha/DUBAI: Egypt’s bourse fell 0.9 percent yesterday as investors started taking profits after a long rally, while other markets in the region moved...