Business

QFCRA issues proposals to strengthen QFC activities 22 Sep 2014 - 08:30 am

DOHA: The QFC Regulatory Authority has released two consultation papers containing proposals that will strengthen and streamline the QFC Regulatory Authority’s prudential framework...

QE pulls back ahead of S&P upgrade 22 Sep 2014 - 08:30 am

DOHA: Heavy profit taking by local institutional investors pulled Qatar stocks down yesterday, reversing the bourse’s strong positive performance in the previous session....

EU mulls tapping unused rescue funds to boost investments 22 Sep 2014 - 08:29 am

BERLIN: Unused funds in the eurozone’s rescue mechanism could be used to boost investment across the continent and help it recover from the...

Industries Qatar announces board changes 22 Sep 2014 - 08:29 am

Doha: Industries Qatar (IQ) issued a brief statement regarding changes by Qatar Petroleum to IQ’s board of directors and executive management in line...

SoftBank sees $4.6bn gain from Alibaba listing 22 Sep 2014 - 08:28 am

TOKYO: Japan’s SoftBank Corp said it expected a gain of about 500bn yen ($4.6bn) from Alibaba Group Holding’s share listing in New York,...

Dubai World debt rejig deal soon 22 Sep 2014 - 08:19 am

DUBAI: One of Dubai’s top government officials said yesterday he expected state-owned conglomerate Dubai World to reach a deal in the near future...

DIFC plans $700m sukuk issue by Oct 22 Sep 2014 - 08:19 am

DUBAI: DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is looking to raise as much as $700m by...

Dubai property prices show signs of cooling 22 Sep 2014 - 08:19 am

DUBAI: Dubai’s booming property market is showing signs that it may be cooling off, industry data showed yesterday, after two years of soaring...

Limitless holds ‘positive’ talks on debt restructuring 22 Sep 2014 - 08:18 am

DUBAI: Dubai government-owned property firm Limitless has held positive talks with creditors as it seeks to re-negotiate the terms of a $1.2bn debt...

GM recalls cars over parking brake fire risk 22 Sep 2014 - 08:18 am

WASHINGTON: US car manufacturer General Motors Co is recalling hundreds of thousands of cars over a defect in the parking brake that could...

Dollar rally bad news for oil, multinationals 22 Sep 2014 - 08:18 am

NEW YORK: The asset with the greatest prowess of late has been the US dollar, and if its rally continues, it threatens to...

Nissan defections reignite questions about future CEO 22 Sep 2014 - 08:18 am

TOKYO: A string of defections by top Nissan executives is reigniting longstanding questions about who will succeed Chief Executive Carlos Ghosn, the man...

Bundesbank warns of risky ECB changes 22 Sep 2014 - 08:17 am

BERLIN: The head of Germany’s powerful Bundesbank sharply criticised what he called a radical new approach by the European Central Bank of easy...

Air France strike enters second week 22 Sep 2014 - 08:17 am

PARIS: Air France expects to operate 41 percent of its flights today as a pilots strike over cost cuts and plans for the...

Infrastructure projects to hit $26.2bn 22 Sep 2014 - 04:41 am

DOHA: The value of new infrastructure projects awarded in Qatar is expected to hit $26.2bn by the end of 2014. The value of...

Weekly Commodity Update: Commodities slump to five-year low 21 Sep 2014 - 10:30 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Commodities slumped for a third week in a row to their lowest level...

Weekly Money Market Review with IBQ: Markets volatile as Scotland rejects independence 21 Sep 2014 - 10:23 pm

The US dollar maintained its strength against its major counterparts as demand for the currency remained intact despite disappointing data. Additionally, the demand...

Fertiliser sector set to grow: Qafco CEO 21 Sep 2014 - 08:53 am

Khalifa Al Sowaidi, Qafco CEO and Vice-Chairman, at the annual GPCA fertiliser convention in Dubai. DOHA: Fertiliser industries in the Middle East is...