Business

Rasameel sees strong corporate sukuk market 30 Nov 2013 - 05:44 am

DUBAI: Kuwait-based Rasameel Structured Finance Co expects a flurry of Islamic financing activity in the Gulf next year, in particular from corporations looking...

S&P removes Dutch from triple A; lifts outlook for Spain 30 Nov 2013 - 05:44 am

AMSTERDAM/MADRID: Standard & Poor’s agency cut the Netherlands’ credit rating yesterday, reducing the euro zone club of full triple-A nations to just three,...

Gold set for biggest loss in five months 30 Nov 2013 - 05:43 am

LONDON: Gold rose yesterday as the dollar declined but was still headed for its biggest monthly drop in five months on signs that ...

Oil rises above $111, set for biggest monthly gain since Aug 30 Nov 2013 - 05:43 am

LONDON: Brent crude oil firmed slightly yesterday and looked set to post the biggest monthly gain since August as prolonged unrest in Libya...

Japan’s Nikkei hits 6-year high 29 Nov 2013 - 07:33 am

Pedestrians in front of an electronic board showing the closing figure of the Nikkei 225 Stock Average in Tokyo, Japan, yesterday. The benchmark...

‘GCC attractive investment destination for Indian firms’ 29 Nov 2013 - 07:32 am

Alpen Capital Managing Directors Sameena Ahmad and Sanjay Vig. Doha: Alpen Capital yesterday announced the publication of its research paper titled ‘GCC as...

Thousands protest Airbus restructuring 29 Nov 2013 - 07:30 am

HAMBURG/MANCHING: More than 20,000 workers from EADS in Germany took to the streets yesterday to protest against the European aerospace company’s restructuring plans...

QE index gains 92.06 points this week 29 Nov 2013 - 07:26 am

Doha: Qatar Exchange index gained 92.06 points (0.90 percent) this week when the bourse closed at 10,375.06 points last afternoon. The trading value...

S&P sees Islamic finance flourishing next year 29 Nov 2013 - 07:26 am

DOHA/LONDON: Global growth of the Islamic finance market has continued unabated this year, undeterred by the uncertain recovery elsewhere in the world’s financial...

Sukuk issuance set to maintain growth: Moody’s 29 Nov 2013 - 07:25 am

DOHA: Global sukuk issuance is likely to maintain its positive long-term growth trends. The drivers of this continued growth include increasing demand from...

Oil market slides on US stockpiles 29 Nov 2013 - 07:25 am

LONDON: Global oil prices fell further yesterday as dealers focused on an unexpectedly large surge in US crude stockpiles, stoking concerns about oversupply...

Expo win a welcome boost to Dubai economy 29 Nov 2013 - 07:25 am

DUBAI: A jubilant Dubai hopes that hosting the world’s five-yearly trade fair in 2020 will draw new investment to an economy still recovering...

BoE cuts mortgage support to avoid bubble in house prices 29 Nov 2013 - 07:24 am

LONDON: The Bank of England moved to head off the risk of a bubble in house prices yesterday, making a surprise announcement that...

GCC to set up common navigation hub 29 Nov 2013 - 03:09 am

Captain Ahmed Yousuf Mohammed Al Mass of Qatar Ports Management Company giving a presentation at the TRANS4 conference at Doha Exhibition Center yesterday....

Total assets of banks rise to QR879bn 28 Nov 2013 - 09:13 am

Qatar Central Bank Governor H E Sheikh Abdullah bin Saud Al Thani (third left) addressing a symposium titled ‘The role of the Middle...

Commercial Bank gets nod for QR2bn capital boost 28 Nov 2013 - 09:12 am

Commercial Bank of Qatar Chairman Abdullah bin Khalifa Al Attiyah (third left); Vice Chairman Sheikh Abdullah bin Ali bin Jabor Al Thani (second...

N-KOM celebrates completion of 200th project 28 Nov 2013 - 09:10 am

The celebration at N-KOM shipyard. DOHA: Nakilat-Keppel Offshore & Marine (N-KOM) celebrated the completion of its 200th project; repairs for VLCC (Very Large...

Dolphin Energy signs MoU with Nord Stream 28 Nov 2013 - 09:07 am

Officials signing the Memorandum of Understanding. Abu Dhabi: Dolphin Energy Ltd yesterday signed a Memorandum of Understanding (MoU) with Nord Stream AG, the...