Business

Iran, Iraq put Opec on notice of big oil output increases 04 Dec 2013 - 11:45 am

VIENNA: Iran and Iraq yesterday put Opec on notice of substantial oil output increases to come, saying others in the producer cartel will...

Barwa Bank and QFBA sign MoU 04 Dec 2013 - 11:43 am

Officials of Barwa Bank and Qatar Financial Business Academy during the signing ceremony. DOHA: Aiming to enhance the professional growth of its employees,...

International Islamic recruits 63 nationals 04 Dec 2013 - 11:42 am

DOHA: The International Islamic (QIIB) yesterday announced it has recruited 63 Qataris as part of the bank’s ongoing Qatarisation drive. A total of...

Adidas budget hinges on soccer gear 04 Dec 2013 - 11:40 am

The new Adidas shoe “boost” is presented during the company’s annual news conference in Herzogenaurach. The German sporting goods maker Adidas said it...

Commerzbank under probe 04 Dec 2013 - 11:38 am

The banking district with the headquarters of Germany’s second largest business bank, Commerzbank AG (highest building, centre) is seen from a bridge in...

Now or never, warns WTO chief 04 Dec 2013 - 11:30 am

NUSA DUA, Indonesia: The WTO’s chief yesterday warned it was “now or never” as trade ministers opened a conference tasked with salvaging long-stalled...

Decline in Spanish jobless rate 04 Dec 2013 - 11:28 am

New cars on display 04 Dec 2013 - 11:27 am

Visitors look at new cars at the Essen Motor Show in Germany. The show is open until December 8.

High demand for quality property 04 Dec 2013 - 11:26 am

DOHA: Qatar’s real estate market witnessed a growing demand for high quality properties during the third quarter of 2013. On the other hand,...

‘Cyber Monday’ sales top $2bn 04 Dec 2013 - 11:25 am

WASHINGTON: Online sales during the US retail sector’s Cyber Monday promotion grew 16 percent from last year to $2.29bn, lifted by more shopping...

US oil gains more than $2 a barrel; Brent up 04 Dec 2013 - 11:25 am

NEW YORK: US oil futures rose over $2 a barrel to a four-week high yesterday in a third straight day of gains on...

Non-hydrocarbon sector to boost Qatar growth 04 Dec 2013 - 11:24 am

DOHA: Rent-induced inflation is expected to be one of the key challenges for Qatari economy in 2014. Driven by the huge size of...

Egypt delays IMF loan decision 04 Dec 2013 - 11:24 am

LONDON: Egypt has postponed any decision on taking a $4.8bn loan from the IMF as financial aid from Gulf states has given Cairo...

Al Mazaya to expand investments in Dubai 04 Dec 2013 - 11:23 am

DOHA: With over 85 percent ($2.8bn) of its projects concentrated in Dubai, Al Mazaya Holding has announced to boost its investment activities in...

Asia LNG buyers to meet on joint procurement 04 Dec 2013 - 11:22 am

NEW DELHI: An uncomfortable prospect for global exporters of liquefied natural gas (LNG) will unfold in India this week — buyers from countries...

Muted response to Damac London sale 04 Dec 2013 - 11:22 am

DUBAI: Dubai luxury real estate developer Damac got a lukewarm response to its share offering in London yesterday, a sign that international investors...

Ooredoo rolls out business partner road show to strengthen ties 04 Dec 2013 - 11:22 am

DOHA: Ooredoo has rolled-out a new business partner road show this week to strengthen relationships with the country’s key businesses and support small-...

European stock markets fall 04 Dec 2013 - 11:21 am

LONDON: European stock markets fell sharply yesterday as solid US data sparked renewed talk that the Federal Reserve could soon start tapering its...