Business

Doha Festival City officials to host meet in Paris 29 Sep 2014 - 01:15 am

Doha: Doha Festival City, the iconic mixed-used development that includes Qatar’s biggest retail and leisure mall which is set to be one of...

Kuwait budget surplus up in last fiscal as spending slows 29 Sep 2014 - 01:01 am

DUBAI: Kuwait’s budget surplus edged up to KD12.9bn ($44.8bn) in the fiscal year to last March as government spending fell, largely because of...

Weekly Commodity Update : High supplies, fading demand and Ebola fears hit commodities 29 Sep 2014 - 12:00 am

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) The broad-based BBG Commodity Index, which tracks the performance of 22 major commodities,...

Weekly Money Market Review with IBQ: Fed rate rise expectation fuels demand for the dollar 28 Sep 2014 - 11:55 pm

Last week the dollar traded near four-year highs against a basket of major currencies, as demand for the dollar remained supported by mounting...

Korean firms invest $22.77bn in tax havens 28 Sep 2014 - 11:54 pm

Seoul: South Korean companies and individuals invested nearly $23bn in 50 tax havens over the past seven years, data showed yesterday. According to...

Six banks may face record fines over currency rigging 28 Sep 2014 - 11:53 pm

LONDON: Six banks may face record fines in Britain as they begin talks about a settlement following an investigation into allegations of rigging...

Activist investor buys stake in Yahoo, urges AOL merger 28 Sep 2014 - 11:53 pm

SAN FRANCISCO/NEW YORK: Activist investor Starboard Value LP said it has acquired a “significant” stake in Yahoo Inc and urged the Internet company...

Kuwait budget surplus up in last fiscal as spending slows 28 Sep 2014 - 11:53 pm

DUBAI: Kuwait’s budget surplus edged up to KD12.9bn ($44.8bn) in the fiscal year to last March as government spending fell, largely because of...

SoftBank in talks to buy DreamWorks 28 Sep 2014 - 11:53 pm

TOKYO/NEW YORK: Japan’s SoftBank Corp is in talks to acquire DreamWorks Animation SKG , the Hollywood studio behind the Shrek and Madagascar movie...

Arabtec’s plan for $40bn Egypt housing scheme nearly completed 28 Sep 2014 - 11:52 pm

DUBAI: Dubai construction company Arabtec is close to completing the planning and design stage of its $40bn deal to build one million homes...

Microsoft promises cooperation in China probe 28 Sep 2014 - 11:52 pm

BEIJING: Microsoft Corp Chief Executive Satya Nadella promised to cooperate fully with Chinese authorities in their antitrust investigation into his company during a...

Nasdaq chief praises Qatar’s role 28 Sep 2014 - 02:52 am

H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani (centre), the Minister of Economy and Trade, with other officials at Nasdaq headquarters....

Diversify into fairly priced stocks: Expert 28 Sep 2014 - 02:50 am

By Satish Kanady DOHA: With a significant number of Qatari stocks heading to ‘premium range’, especially after the market upgrade by the MSCI,...

Rawasi Design opens facility in Qatar 28 Sep 2014 - 02:48 am

Doha: Rawasi Design, lead and managed by Atef Sarhan (pictured), the designer of Mirage City Golf Club, clubhouse in JW Marriot Hotel Cairo,...

QP, Total celebrate R&D achievements 28 Sep 2014 - 02:05 am

Officials at the project celebration. Doha: Qatar Petroleum (QP) and Total’s joint acid stimulation research project has reached a key phase through the...

Industrial sector July PPI down 2.4pc 28 Sep 2014 - 02:04 am

DOHA: The monthly Producer’s Price Index (PPI) of the industrial sector for July 2014 declined by 2.4 percent over the PPI of June...

International Islamic honours staff 28 Sep 2014 - 02:02 am

DOHA: International Islamic recently honoured its outstanding employees working at the different branches across Qatar. International Islamic Deputy CEO Jamal Al Jamal has...

Ooredoo offers ICT Smart for SMEs 28 Sep 2014 - 02:02 am

DOHA: Ooredoo recently hosted a business brunch to provide ICT Smart Solutions for SMEs in Qatar. The telecom giant also examined ways the...