Business

Outlook for banks in Qatar stable, says Moody’s 10 Dec 2013 - 03:46 am

DOHA: The Outlook for banks in Qatar is stable, said Moody’s Investors Service in its “2014 Outlook — Middle East and North Africa...

QP, Zeon and Mitsui sign MoU for elastomer project 09 Dec 2013 - 11:11 am

H E Dr Mohammed bin Saleh Al Sada (second right) with other officials during the signing ceremony. DOHA: Qatar Petroleum (QP) and two...

China’s trade surplus expands 09 Dec 2013 - 11:10 am

Chinese workers making toys at a factory in Jinjiang, east China’s Fujian province. China’s trade surplus expanded in November to $33.8bn from $31.1bn...

Spanish sales likely to increase 09 Dec 2013 - 11:09 am

Shoppers and tourists at the Calle Preciados, a popular shopping street in Madrid, Spain, yesterday. Spanish shops and stores expect an increase in...

Rowhani targets stagflation in budget 09 Dec 2013 - 11:07 am

Iran President Hassan Rowhani (right) presents the proposed annual budget to Parliament Speaker Ali Larijani (centre, left) yesterday. DUBAI: Iranian President Hassan Rowhani...

Qatar Exchange index gains 47.42 points 09 Dec 2013 - 11:05 am

Traders work at Egypt’s Stock Exchange in Cairo yesterday. Doha: Qatar Exchange index gained 47.42 points, or 0.46 percent, to reach 10,436.52 points...

Bank fails to raise provisions ahead of review 09 Dec 2013 - 08:14 am

LONDON: Most of Europe’s big banks shed risky assets in the quarter to September, but they have yet to take extra provisions against...

Libya lost $7bn to oil strikes, must find new buyers: Minister 09 Dec 2013 - 08:13 am

TRIPOLI: Libya has lost more than $7bn and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields...

General Insurance to study converting General Holding 09 Dec 2013 - 08:13 am

DOHA: Qatar General Insurance and Reinsurance will carry out a study ahead of converting Qatar General Holding Company to a private shareholding company....

Enterprise Qatar to launch Tadqeeq for start-up, SME sectors 09 Dec 2013 - 08:11 am

Doha: Enterprise Qatar (EQ) is set to launch their latest initiative, Tadqeeq, which offers 70 percent subsidised audit and bookkeeping services to the...

Greek parliament approves 2014 budget plan 09 Dec 2013 - 08:10 am

ATHENS: Greece’s parliament approved a budget plan filled with over ¤3bn of austerity cuts that sees the debt-laden country emerging from a six-year...

Saudi November oil output steady 09 Dec 2013 - 08:09 am

Al KHOBAR: Saudi Arabia produced 9.745 million barrels per day of crude oil in November, little changed from the previous month, when it...

QR5.8bn real estate deals in November 09 Dec 2013 - 08:09 am

DOHA: Qatar real estate transaction market registered QR5.8bn worth deals in November 2013. Al Rayan and Doha Municipality recorded the highest transaction value...

Indian gold imports likely to fall 09 Dec 2013 - 08:05 am

MUMBAI/LONDON: Indian gold imports may fall 70 percent in the final quarter of 2013 from 255 tonnes in the year-ago period and are...

QIB signs up as co-sponsor of Euromoney conference 09 Dec 2013 - 08:04 am

Doha: Qatar Islamic Bank (QIB) will be the co-sponsor of The Euromoney Qatar Conference, to be held in Doha on Tuesday and Wednesday....

US trying to railroad TPP, say activists 09 Dec 2013 - 08:04 am

SINGAPORE: Activists accused the United States yesterday of trying to railroad a new Pacific trade pact with 11 key partners as their trade...

Novartis can spend $4-$6bn on acquisitions, says CEO 09 Dec 2013 - 08:03 am

ZURICH: Swiss drugmaker Novartis can spend $4-$6bn per year on acquisitions to strengthen its core pharma, eyecare and generics businesses or its three...

Egypt’s currency reserves dip to $17.8bn in Nov 09 Dec 2013 - 08:03 am

CAIRO: Egypt’s foreign exchange reserves fell to $17.8bn in November from $18.6bn in October, the central bank said, their lowest level since an...