CAIRO/LONDON: Egypt dipped deeper into its rapidly shrinking currency reserves yesterday, fighting to slow a sliding pound which is likely to push up...
CAIRO/LONDON: Egypt dipped deeper into its rapidly shrinking currency reserves yesterday, fighting to slow a sliding pound which is likely to push up...
Doha: Qatar Exchange’s main index gained 257.91 points (3.10 percent) in the first week of the New Year when trading closed at 8,569.13...
FRANKFURT: Unemployment in Germany remains close to record lows as the labour market continues to hold up comparatively well to the eurozone debt...
ANKARA: Turkey tied up a giant agreement with the UAE yesterday for the development of coal fields in southern Turkey to generate electricity...
MADRID: Spain’s right-leaning government hailed a rare glimmer of economic hope yesterday when figures showed the jobless queue shrank in December, but unemployment...
Robots weld part of a Chrysler SUV at the Jefferson North Assembly Plant in Detroit, Michigan. CHICAGO: US auto sales roared ahead in...
DUBAI: Egypt’s stock market rose to a nine-week high yesterday as investors continued to bet that authorities would succeed in managing depreciation of...
WASHINGTON: US private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in...
LONDON: European stock markets were mixed yesterday as investor enthusiasm waned over the US fiscal cliff deal that had sparked a rousing global...
Rashid Al Mansoori and Adel Mustafawi shaking hands after the signing ceremony. DOHA: Qatar Exchange (QE) and Al Rayan Investment yesterday announced the...
A beggar sits next to an ATM in the Andalusian capital of Seville, Spain, yesterday.
CAIRO: The Egyptian pound fell to record lows and debt insurance costs soared yesterday despite assurances by the country’s Islamist leaders they would...
DOHA: Al Meera Consumer Goods Company has announced that the proposal to increase the capital through a rights issue of 100 percent of...
DOHA: The Qatarlyst Group, comprising Qatar Insurance Services LLC, Qatarlyst SPC and Qatarlyst Limited, and collectively called “Qatarlyst” is on a partnership search. ...
NEW YORK: Oil prices rose to near 11-week highs yesterday, joining in a cross-market New Year rally after the US Congress approved a...
A woman walks past a shop window at a shopping centre in Louvain-la-Neuve, Belgium, on the eve of the winter sale opening.
LONDON: World stock markets surged yesterday for a roaring start to 2013 after US lawmakers clinched a deal to avert a feared “fiscal...
LONDON: Gold rose more than 1 percent to a two-week high yesterday, in line with other commodities and stock markets after the US...