Business

US labour market needs support: Yellen 01 Apr 2014 - 12:23 am

Federal Reserve Chair Janet Yellen addresses the 2014 National Interagency Community Reinvestment Conference yesterday in Chicago. WASHINGTON: US Federal Reserve chief Janet Yellen...

India’s infrastructure sector output up 4.5pc 01 Apr 2014 - 12:22 am

Labourers move a concrete mixer at a construction site in Kolkata yesterday. India’s infrastructure sector output rose 4.5 percent year-on-year in February, mainly...

QNCC to set up new plant 01 Apr 2014 - 12:20 am

DOHA: Qatar National Cement Company (QNCC) has signed a letter of intent with a French company to further boost its production capacity. The...

Fitch affirms Ooredoo at A+; outlook stable 01 Apr 2014 - 12:19 am

DOHA: Fitch Ratings has affirmed Ooredoo QSC’s long-term foreign currency Issuer Default Rating (IDR) at ‘A+’ with stable outlook. Qtel International Finance Limited’s...

Qatar Exchange up 0.67pc on dividend cues 01 Apr 2014 - 12:19 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 76.92 points, or 0.67 percent, to advance to 11,639.79 points from 11,562.87 on Sunday....

Hilal Bank for capital hike to fuel growth 01 Apr 2014 - 12:18 am

ABU DHABI: Abu Dhabi government-owned Al Hilal Bank is considering a capital increase this year to support growth of its operations, its chief...

‘GM approved switches below specifications’ 01 Apr 2014 - 12:18 am

WASHINGTON/DETROIT: General Motors Co approved ignition switches for cars that have been linked to 13 deaths, even though the parts did not appear...

ALUNOOR exports first shipment of aluminium profiles 01 Apr 2014 - 12:18 am

DOHA: Abdulnoor Aluminium Extrusion Factory ‪(ALUNOOR), a newly established company specialised in fabricating aluminium profiles, announced the export of its first shipment of...

KIPCO to start IPO process for pay-TV unit 01 Apr 2014 - 12:17 am

KUWAIT: Kuwait Projects Co (KIPCO), the Gulf state’s largest listed investment company, plans to start the process for an initial public offering (IPO)...

Greece adopts tough bill tied to loans 01 Apr 2014 - 12:17 am

ATHENS: Greece’s parliament late on Sunday narrowly approved an omnibus bill of reforms tied to the country’s next tranche of EU-IMF loans, the...

Burgan Bank to raise capital this year: CEO 01 Apr 2014 - 12:17 am

KUWAIT: Kuwait’s Burgan Bank wants to raise more capital this year to comply with the Basel III banking industry regulations while any acquisitions...

Surprise fall in Japan factory output 01 Apr 2014 - 12:16 am

TOKYO: Japanese factory output contracted in February, data showed yesterday, a surprise decline that highlighted the uneven economic recovery in the world’s number...

Sharp eurozone inflation fall heaps pressure on ECB 31 Mar 2014 - 11:58 pm

BRUSSELS: Eurozone inflation fell to 0.5 percent in March, official data showed yesterday, the lowest rate since the financial crisis, stoking fears the...

Turkish economy up 4pc last year, despite turmoil 31 Mar 2014 - 11:56 pm

ISTANBUL: The Turkish economy grew by 4 percent last year, official data showed yesterday, after an unexpectedly firm fourth quarter, but analysts warned...

No inflationary pressure in budget, say experts 31 Mar 2014 - 01:23 am

BY MOHAMMAD SHOEB DOHA: A significant 16.8 percent increase in the budgetary allocation dedicated to the implementation of key development projects for the...

Budget to give push to infrastructure, construction 31 Mar 2014 - 01:22 am

Doha: The increase in the allocation of funds in the budget will give a huge push to the infrastructure and construction sector, say...

Opec head to address meet next week 31 Mar 2014 - 12:59 am

Doha: The Organisation of Petroleum Exporting Countries (Opec) Secretary General Abdalla Salem El Badri will deliver The 2014 Abdullah Bin Hamad Al Attiyah...

Ooredoo to unveil ‘surprise’ plans soon 31 Mar 2014 - 12:46 am

Ooredoo Chairman Sheikh Abdullah bin Mohammed bin Saud Al Thani (right) and Minister of Finance H E Ali Sherif Al Emadi (centre), who...