Business

Procurement deal signed for Ras Laffan 2 14 May 2013 - 12:17 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with Chairman of Chiyoda Corporation, Takashi Kubota, and Chairman...

Al Sada meets Hungarian Minister 14 May 2013 - 12:16 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with Hungarian Minister of State for Climate and Energy...

QP’s Dukhan Operations hosts Shell officials 14 May 2013 - 12:15 am

Operations Manager at Dukhan Fields, Ahmad Saif Al Sulaiti, presents a memento to Managing Director and Chairman of Qatar Shell, Wael Sawan. DOHA:...

Oil, gas firms hold global legal forum 14 May 2013 - 12:13 am

Legal experts from the oil and gas industry pose for a picture during the 5th annual International Legal Forum at RasGas headquarters. DOHA:...

Dollar’s rise hits oil and gold prices 14 May 2013 - 12:13 am

LONDON: The dollar continued to strengthen yesterday, sending oil and gold prices lower, after the Group of Seven backed Japan’s efforts to spur...

Saudi bourse plans new rules on losses 14 May 2013 - 12:12 am

RIYADH: The Saudi Capital Market Authority has begun consultations that could change how closing share prices are calculated and how long-listed firms can...

QP hosts top GCC meeting 14 May 2013 - 12:11 am

Delegates at the 26th GCC Supply Chain Committee Meeting in Doha. DOHA: Supply Chain Managers Coordination Committee remains the foundation for successful cooperation...

Qatar, Hungary ink deal on economy, technology 14 May 2013 - 12:09 am

The Minister of Business and Trade H E Sheikh Jassim bin Abdulaziz Al Thani and the Hungarian Minister of State for Climate and...

Aviation leaders explore latest in GTL jet fuel at Doha forum 14 May 2013 - 12:09 am

Some of the experts in the aviation industry who took part in the GTL Jet Fuel research forum in Doha. Doha: The Qatar...

Kuwait to sign plane deal soon; Airbus favoured 14 May 2013 - 12:08 am

KUWAIT: Kuwait is studying plans by its airline to buy 25 Airbus jets, a source with knowledge of the matter said, in the...

Iran to seek cut in Opec output target 14 May 2013 - 12:08 am

LONDON: Iran will seek a cut in Opec’s overall oil output target when the producer group meets in Vienna later this month, Iran’s...

Karachi stocks hit all-time high on Nawaz Sharif’s win 14 May 2013 - 12:06 am

Pakistani stockbrokers monitor share prices during a trading session at the Karachi Stock Exchange yesterday. KARACHI: Karachi stocks hit an all-time high yesterday...

Greece seeks China help to boost economy 14 May 2013 - 12:06 am

ATHENS: Greece’s Prime Minister Antonis Samaras hopes his four-day trip to China this week will help his country’s ailing economy by attracting investment...

Italian rates fall after $10.4bn bond auction 14 May 2013 - 12:06 am

MILAN: Italy’s borrowing costs fell in a bond auction yesterday that raised ¤8bn ($10.4bn), taking advantage of greater liquidity in the market due...

Lloyds chairman to stand down as govt sale looms 14 May 2013 - 12:05 am

LONDON: Lloyds Banking Group Plc Chairman Win Bischoff (pictured) is to retire in the next year, handing the reins to a successor who...

Hyundai recalls 121,835 SUVs in China 14 May 2013 - 12:05 am

BEIJING: Hyundai Motor Corp is recalling 121,835 sport utility vehicles in China to fix a faulty brake light switch, China’s top quality watchdog...

AirAsia plans to raise $300m from IPO 14 May 2013 - 12:04 am

KUALA LUMPUR: Malaysian tycoon Tony Fernandes plans to raise up to $300m by listing shares in the long-haul arm of AirAsia, slated for...

A350 progressing well to first flight 14 May 2013 - 12:03 am

PARIS: Europe’s newest passenger jet, the A350, is “progressing well on its route to first flight,” manufacturer Airbus said yesterday. The planemaker issued...