Business

Qatar stock market tanks on global cues, loses 414 points 13 Oct 2014 - 12:08 am

By Satish Kanady DOHA: On a day it resumed trading after long holidays, Qatar stock market hit hard as entire stocks got hammered...

After gaffe, Microsoft to look at gender pay gap 13 Oct 2014 - 12:06 am

Microsoft Corp Chief Executive Satya Nadella. SEATTLE/SAN FRANCISCO: A well-known picture in tech circles, taken in 1978, shows the first 11 employees at...

Cambodian workers on protest 13 Oct 2014 - 12:04 am

Cambodian workers stand on a truck during a protest to demand higher wages in Phnom Penh yesterday. Cambodian trade unionists and hundreds of...

German exports slump 13 Oct 2014 - 12:02 am

A worker controls Mercedes cars at a shipping terminal in the harbour of the German northern town of Bremerhaven. German exports slumped by...

Barwa Bank is named ‘Best Islamic Financial Institution’ 12 Oct 2014 - 11:59 pm

DOHA: Barwa Bank has been named the winner of ‘Best Islamic Financial Institution in Qatar’ by Global Finance as part of its seventh...

Qafac to host first-ever MidEast Methanol Forum 12 Oct 2014 - 11:58 pm

DOHA: Some global experts on methanol will discuss the current state of the methanol industry as well as future trends that can further...

QEWC posts 11pc increase in net profit 12 Oct 2014 - 11:58 pm

Doha: The Board of Directors of Qatar Electricity and Water Company (QEWC) approved yesterday the financial results for 9 months period ended September ...

GCC inflation ranges between 0.63pc and 3.1pc in July 12 Oct 2014 - 11:58 pm

DOHA: Consumer prices in the GCC region witnessed an overall increase over the 12-month period through July 2014. Within the GCC member states,...

Opec unlikely to cut output: Kuwait minister 12 Oct 2014 - 11:57 pm

DUBAI/KUWAIT: Opec is unlikely to cut oil production in an effort to prop up prices because such a move would not necessarily be...

France calls for new €300bn deal from EU 12 Oct 2014 - 11:57 pm

PARIS: French Economy Minister Emmanuel Macron yesterday proposed a €300bn “New Deal” in Europe to boost investment and growth, while promising to accelerate...

UAE approves 2015 budget without deficit 12 Oct 2014 - 11:56 pm

ABU DHABI: The United Arab Emirates approved its 2015 budget yesterday, projecting no deficit and increased income and public spending as the oil-rich...

IMF to maintain post-bailout review after exit, says Greece 12 Oct 2014 - 11:55 pm

FROM LEFT: First Deputy Managing Director of the IMF David Lipton, Singapore’s Finance Minister and Chairman of the IMFC Tharman Shanmugaratnam, IMF Managing...

Weekly Commodity Update : Gold shines again as Opec faces oil glut 12 Oct 2014 - 11:53 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global growth fears remain one of the key drivers of financial markets at...

Qatar seeks IMF help for development strategy 12 Oct 2014 - 01:33 am

European Central Bank Governor Mario Draghi (left) and Britain’s Chancellor of the Exchequer George Osborne speak before a meeting of the International Monetary...

Qatar is Germany’s most important Arab investor 12 Oct 2014 - 01:32 am

German Ambassador to Qatar, Angelika Storz-Chakarji BY MOHAMMAD SHOEB DOHA: With huge trade and investment relations with Germany, Qatar has been accorded as...

New S-Class Coupé hits roads 12 Oct 2014 - 01:31 am

Sheikh Nawaf bin Nasser bin Khaled Al Thani, Chairman and CEO of NBK companies, in the new S-Class Coupé. Doha: Nasser Bin Khaled ...

Most IT buyers rely on social media 12 Oct 2014 - 01:30 am

DOHA: About 94 percent of Middle East IT buyers rely on social media to aid purchase decision, revealed a study that seeks to...

AIH Talent Recognition Ceremony 12 Oct 2014 - 01:29 am

Abu Issa Holding (AIH), a leading business group in Qatar that operates in various sectors including retail, distribution, telecommunications, IT, marketing, investment and...