Business

Global Agenda Summit 13 Nov 2012 - 06:56 am

Sheikh Mohammed bin Rashid Al Maktoum (centre), Vice President and Prime Minister of the UAE and Ruler of Dubai, looks on during a...

US to overtake Saudi as top oil producer 13 Nov 2012 - 06:55 am

LONDON: The United States will overtake Saudi Arabia and Russia as the world’s top oil producer by 2017, the West’s energy agency said...

Asia’s Mideast crude market to drop 13 Nov 2012 - 06:54 am

SINGAPORE: Asia’s Middle East crude spot market may weaken further when trading in January cargoes kicks off this week as weak product margins...

Egypt sees initial IMF deal this week, says minister 13 Nov 2012 - 06:54 am

CAIRO: The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8bn loan before an IMF...

Bridges Middle East summit begins in Doha 13 Nov 2012 - 06:53 am

Doha: As part of Qatar’s efforts to tackle key challenges facing the region’s infrastructural advancement, the 5th annual ‘Bridges Middle East’ summit kicked...

Sabic sets sights on US shale gas boom 13 Nov 2012 - 06:53 am

JUBAIL, Saudi Arabia: Saudi Basic Industries Corp (Sabic) is considering investing in the United States to capitalise on the shale gas boom there,...

UAE working on bill for debut sovereign bond 13 Nov 2012 - 06:52 am

DUBAI: The United Arab Emirates government is still working on a public debt law that would pave the way for a debut federal...

Qatar’s gas exports rise substantially: IMF report 12 Nov 2012 - 07:07 am

By Satish Kanady DOHA: The Mena region’s oil-exporting countries are expected to post solid growth in 2012, largely on account of Libya’s better-than-expected...

QP showcases projects at Adipec 2012 12 Nov 2012 - 07:05 am

Officials at the QP stand at Adipec 2012 in Abu Dhabi. Abu Dhabi: Qatar Petroleum is participating in the 15th edition of the...

Al Khaliji ‘Golden Reward’ campaign 12 Nov 2012 - 07:03 am

Mohammed Atassi, Head of Corporate Affairs at Al Khalij Commercial Bank (al khaliji ), presenting Abdulla Al Semaitt, the first Premium Banking customer...

Qatari bourse index loses 44.56 points 12 Nov 2012 - 07:03 am

DOHA: The index of Qatar Exchange yesterday slipped into the red losing 44.56 points or 0.52 percent to close at 8,528.19 points on...

BP hopeful of re-entering oil bidding round in the UAE 12 Nov 2012 - 07:02 am

ABU DHABI: Oil major BP Plc, shut out of pre-qualification bidding to develop Abu Dhabi’s largest onshore oilfields, is hopeful it can be...

Mena Investment Management Forum from today 12 Nov 2012 - 07:02 am

DOHA: The 6th annual Mena Investment Management Forum (MIMF 2012), the premier regional event for the asset management industry, is set to open...

Egypt plans new deficit-reduction steps 12 Nov 2012 - 07:02 am

CAIRO: Egypt’s government has proposed tax changes and reducing energy subsidies to cut a budget deficit running at about 11 percent of gross...

UDC shareholders amend item No. 3 of Article 29 12 Nov 2012 - 07:02 am

Doha: United Development Company (UDC), one of Qatar’s leading public shareholding companies, held its Extra Ordinary General Assembly Meeting (EGM) yesterday. The meeting,...

Saudi happy with current oil price, says minister 12 Nov 2012 - 07:01 am

DUBAI: The global oil market is in a good shape and Saudi Arabia is happy with the current oil price, Saudi Oil Minister...

GIB picks banks for dollar bond 12 Nov 2012 - 07:01 am

DUBAI: Gulf International Bank, majority owned by the Saudi Arabian government, has mandated banks to arrange a dollar-denominated bond, planned before the end...

Silatech, Bedaya participate in Global Entrepreneurship Week 12 Nov 2012 - 07:01 am

Doha: Silatech and the Bedaya Center are offering a full slate of youth-oriented activities and workshops as part of the 2012 Global Entrepreneurship...