Business

Homeserve looks to US, Spain for further growth 20 May 2014 - 11:53 pm

LONDON: British repair and insurance company Homeserve plans to double the size of its US sales force in its new financial year, after...

Kuwait’s Global swings to profit in Q1 20 May 2014 - 11:53 pm

KUWAIT: Global Investment House, the Kuwaiti firm which completed a second debt restructuring last year, swung to a first-quarter net profit as fees...

QP at Manama Petrotech 20 May 2014 - 05:00 am

Visitors look at an oil purification unit at the Qatar Petroleum Company booth during Petrotech 2014 at the Bahrain International Exhibition Centre in...

New bank notes in Kuwait 20 May 2014 - 04:59 am

Mohammad Al Hashel, Governor of the Central Bank of Kuwait, shows pictures of Kuwait’s new bank notes during an official ceremony in Kuwait...

Dassault unveils Falcon 8X 20 May 2014 - 04:57 am

GENEVA: Just seven months after presenting its luxury 5X Falcon business jet, Dassault Aviation unveiled yesterday its new 8X, capable of flying non-stop...

Proserv opens facility in New Industrial Area 20 May 2014 - 04:57 am

Doha: Proserv Qatar, a technology and service provider to the global energy industry with unique offerings in the marine, subsea, drilling and production...

LuLu makes foray into Malaysia 20 May 2014 - 04:21 am

Director General of FELDA Faizoull Ahmad (left) and LuLu Group International Managing Director Yousaffali M A exchanging documents during the signing ceremony as...

AstraZeneca rejects final Pfizer offer 20 May 2014 - 04:20 am

LONDON: Britain’s AstraZeneca yesterday rejected a sweetened and “final” offer from Pfizer , undermining the US drugmaker’s plan for a merger to create...

Global Islamic banking assets set to exceed $3.4 trillion by 2018 20 May 2014 - 04:19 am

DOHA: Global Islamic banking assets with commercial banks are on course to exceed $3.4 trillion by 2018, fuelled by growing economic activity in...

WPC to honour Attiyah with Dewhurst Award 20 May 2014 - 04:19 am

DOHA: H E Abdullah bin Hamad Al Attiyah, Chairman of Administrative Control and Transparency Authority and former Energy Minister, is being recognised for...

Al Sada to open GPCA forum 20 May 2014 - 04:17 am

DOHA: H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, will inaugurate the 9th edition of Gulf Petrochemicals &...

Record visitors expected at Cityscape 20 May 2014 - 04:17 am

DOHA: A renowned line up of international and local real estate developers have confirmed their attendance at Cityscape Qatar, giving a strong indication...

Dollar under pressure in Asia after mixed data 20 May 2014 - 04:16 am

TOKYO: The dollar slipped in Asia yesterday following mixed US data and simmering geopolitical concerns, while the Indian rupee sat close to one-year...

Climate rules won’t affect fossil fuel: Shell 20 May 2014 - 04:16 am

LONDON: Royal Dutch Shell has dismissed the possibility that its proven oil or gas reserves will become unusable as a result of climate...

Gold steadies below $1,300, platinum gains 20 May 2014 - 04:15 am

SINGAPORE: Gold steadied yesterday after two consecutive sessions of losses but remained below the key $1,300-an-ounce level, weighed down by strong US economic...

Political crisis erodes Thai economic growth 20 May 2014 - 04:14 am

BANGKOK: Thailand’s economy shrank 0.6 percent year-on-year in January-March, data showed yesterday, as the festering political crisis eroded consumer confidence and frightened off...

Germany ruling coalition agrees on flagship pension reforms 20 May 2014 - 04:13 am

BERLIN: German Chancellor Angela Merkel’s coalition agreed yesterday on the final details of a flagship pension reform to lower the retirement age for...

Rio Tinto set to finalise $20bn Guinea project 20 May 2014 - 04:13 am

SYDNEY: Global mining giant Rio Tinto says it is set to finalise a $20bn deal to develop the world’s biggest untapped iron-ore deposit...