Business

Iran cancels Pakistan pipeline loan 16 Dec 2013 - 08:09 am

TEHRAN: Iran has canceled a planned $500m loan to Pakistan to build part of a pipeline to bring natural gas from the Islamic...

Qatar Exchange index adds 40.72 points 16 Dec 2013 - 08:09 am

Doha: Qatar Exchange pursued its upswing trend yesterday adding 40.72 points, or 0.39 percent, to advance to 10,526.95 points from 10,486.23 on Thursday....

Three Qatari stocks in Mubasher’s Mena Favourite List 16 Dec 2013 - 08:09 am

DOHA: Mubasher Trade Research has created a “Mena Favourite List” which highlights its top investment ideas across the region. The list comprises 20...

Weekly Money Market Review with IBQ: Initial US budget deal eases concerns over another shutdown 16 Dec 2013 - 08:07 am

The FX market witnessed a volatile week, misleading investors towards its direction. In the US, lawmakers have reached an agreement on Tuesday that,...

Qapco announces over QR1.2bn expansion plan 15 Dec 2013 - 11:39 am

BY MOHAMMAD SHOEB DOHA: Qatar Petrochemical Company (Qapco) has announced plans to build a new plant at a cost of QR1.2bn ($330m) to...

Qatargas takes stock of achievements 15 Dec 2013 - 11:36 am

Officials during the town hall meeting. DOHA: Qatargas made significant achievements in establishing relationships with new customers as well as strengthening existing customer...

Qatar Exchange Roundup: Why many products are missing from QE 15 Dec 2013 - 11:35 am

By Bashir Yusuf Kahlout Last week, I noted that the strong performance of Qatar Exchange witnessed during the second half of this year...

Hilton shares jump in debut 15 Dec 2013 - 11:19 am

New York: It’s a suite day for Hilton investors. Shares gained 7.5 percent to close at $21.50 after the hotelier raised $2.35bn, the...

Mexico fare hike protest 15 Dec 2013 - 11:12 am

People duck under while a man jumps over the turnstiles without paying to protest against a fare hike, at Cuatro Caminos subway station...

Cypriots protest against reforms 15 Dec 2013 - 11:11 am

Cypriot left-wing party supporters march in Nicosia yesterday to protest against the privatisation of state utilities and the economic policy of the right-wing...

Nissan Tiida wins Best Budget Hatchback of the Year Award 15 Dec 2013 - 11:11 am

A Nissan official receiving the award. DUBAI: Nissan Tiida has won the ‘Car & Driver Magazine Best Budget Hatchback Of The Year Award...

Risk of deflation in US, eurozone: QNB report 15 Dec 2013 - 11:09 am

Doha: The risk of deflation in the US and the eurozone may require more expansionary monetary policy, such as Quantitative Easing (QE), according...

France to help fund new metro in Brazil 15 Dec 2013 - 11:09 am

SAO PAULO: France will help fund a new metro line in Brazil’s commercial hub Sao Paulo, in one of two major accords signed...

RBI may hike bank rates as inflation rises 15 Dec 2013 - 11:08 am

MUMBAI: The rupee fell and bond yields surged on Friday after retail inflation spiked to its highest on record, raising expectations for another...

Australia PM backs lifting Qantas foreign ownership limit 15 Dec 2013 - 11:08 am

SYDNEY: Australia’s Prime Minister Tony Abbott has suggested he may support lifting foreign ownership restrictions on Qantas, saying the embattled carrier’s push for...

Ireland gets final IMF payout as it exits rescue 15 Dec 2013 - 11:07 am

WASHINGTON: The International Monetary Fund approved the 12th and last review of Ireland’s progress under its three-year rescue programme on Friday, allowing a...

China to keep policy, growth steady in 2014 15 Dec 2013 - 11:06 am

BEIJING: China’s leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they...

Anti-fracking protesters clash with police 15 Dec 2013 - 11:06 am

Manchester: Anti-fracking protesters clashed with police on Friday in demonstrations against shale gas drilling in Greater Manchester and against an application made for...