Business

Bank of England can’t ignore inflation expectations 16 Nov 2013 - 04:41 am

LONDON: The Bank of England cannot turn a blind eye to increases in inflation expectations which have picked up and may need to...

London listing values Terra Firma’s Infinis at $1.3bn 16 Nov 2013 - 04:40 am

LONDON: Private equity-backed renewable energy generator Infinis Energy priced its London stock market listing at the bottom of its offer range yesterday, valuing...

World will need 40pc more energy by 2030: Qatar Shell 15 Nov 2013 - 10:00 am

Qatar Shell’s Deputy Country Chairman, Rob Sherwin, during his keynote address at the recently concluded 2nd Doha Carbon and Energy Forum. DOHA: Given...

Qatar continues bull run; most Gulf markets up 15 Nov 2013 - 09:59 am

Doha/DUBAI: Qatar’s bourse rose to a fresh five-year high yesterday amid profit-taking in most other regional markets, while Dubai gained on the back...

Mideast may need planes worth $550bn in the next 20 years: Boeing 15 Nov 2013 - 09:59 am

DUBAI: Boeing Co yesterday forecast that Middle Eastern airlines would need 2,610 new airplanes worth $550bn over the next 20 years, thanks to...

Real estate sector shows recovery 15 Nov 2013 - 09:59 am

DOHA: The real estate sector in Qatar witnessed a recovery with the implementation of 209 deals during the first week (3 to 7)...

UAE lender FGB to expand into foreign markets 15 Nov 2013 - 09:58 am

ABU DHABI: First Gulf Bank (FGB) will expand into three or four new foreign markets in 2014, seeking to push the percentage of...

Saudi Electricity picks banks for sukuk issues 15 Nov 2013 - 09:58 am

DUBAI: Saudi Electricity Co plans to issue Islamic bonds denominated in both riyals and dollars in coming months and has selected banks to...

Gazprom says profits up 30pc 15 Nov 2013 - 09:57 am

Vehicles at a filling station owned by Gazprom Transgaz Stavropol, with the company logo of Gazprom, in Stavropol in southern Russia. MOSCOW: The...

Oil supply now comfortable but could tighten: IEA 15 Nov 2013 - 09:56 am

LONDON: Oil markets look well supplied in the short term but prices could rise in the next few months due to a seasonal...

Eurozone recovery at snail’s pace 15 Nov 2013 - 09:56 am

BRUSSELS: A weak eurozone recovery slowed to a ‘snail’s pace’ in the third quarter, with powerhouse Germany off its stride and France hit...

UK recovery cuts home repossessions 15 Nov 2013 - 09:56 am

LONDON: Britain’s economic recovery has helped cut home repossessions to their lowest level in at least five years, data showed yesterday, but the...

Vodafone Qatar says first half revenue up 33pc to QR925m 15 Nov 2013 - 05:25 am

From left: Head of Investors and Shareholder Relations at Vodafone Qatar, Khalid Barzak, CEO of Vodafone Qatar, Kyle Whitehill, and CFO of Vodafone...

Emir meets Shell CEO 14 Nov 2013 - 07:19 am

The Emir H H Sheikh Tamim bin Hamad Al Thani with the Chief Executive Officer of Shell, Peter Voser, at Al Bahr Palace...

QE hits 5-year high; region’s markets mixed 14 Nov 2013 - 07:18 am

DUBAI: UAE bourses stabilised yesterday after two days of heavy profit-taking while Qatar, supported by a hunt for high-dividend stocks, rose to a...

Emir confirms patronage of major oil, gas conference 14 Nov 2013 - 07:17 am

DOHA: The Emir H H Sheikh Tamim bin Hamad Al Thani has confirmed his patronage for the 7th International Petroleum Technology Conference (IPTC),...

Italian luxury boat manufacturer appoints dealer 14 Nov 2013 - 07:15 am

DOHA: Cantiere Nautico Cranchi – the Italian manufacturer of luxury yachts – has signed an agreement with MG International of Doha to act...

Turkish Airlines opens Doha office 14 Nov 2013 - 07:15 am

Doha: Turkish Airlines, the national carrier of Turkey opened its new office in Doha yesterday, to meet increasing customer demand with a 55...