Business

QP’s Industrial Cities Directorate wins Seatrade award 25 Nov 2013 - 10:09 am

A Qatar Petroleum official receiving the award. DOHA: Qatar Petroleum’s Industrial Cities Directorate, comprising of Mesaieed and Ras Laffan industrial cities, has won...

Risk consulting partner at KPMG Qatar 25 Nov 2013 - 10:07 am

DOHA: KPMG in Qatar announced the appointment of Issa Habash (pictured) as a risk consulting partner. He is a Certified Public Accountant (CPA)...

Iran rial jumps over 3pc on nuclear deal 25 Nov 2013 - 10:05 am

A seller arranges Iranian products in his shop in Dubai old market yesterday. Iran’s currency jumped more than three percent against the US...

Qatar’s growth draws leading companies 25 Nov 2013 - 10:03 am

BY MOHAMMAD SHOEB DOHA: Qatar’s huge investments in infrastructure development and remarkable economic growth have transformed the Gulf state into a strong emerging...

Etisalat stalls $800m Pakistan payment 25 Nov 2013 - 10:02 am

ISLAMABAD/DUBAI: Etisalat has told Pakistan it would not pay the $800m it owes the government from buying a stake in the country’s state...

Qatar Exchange adds 72.40 points 25 Nov 2013 - 09:50 am

Doha: Qatar Exchange index added 72.40 points, or 0.42 percent, to reach 10,325.72 points yesterday from the previous closing of 10,283.00 points on...

GCC Islamic banking assets to exceed $515bn 25 Nov 2013 - 09:50 am

DOHA/DUBAI: Islamic banking assets are expected to exceed $515bn by 2013 end in the GCC from $452bn in 2012, according to EY’s Global...

Russia allays fears over bank crackdown 25 Nov 2013 - 09:49 am

MOSCOW: The problems exposed in Russia’s banking system by last week’s collapse of mid-sized lender Master Bank are deep-rooted, but in contrast with...

India tops investment destination list 25 Nov 2013 - 09:48 am

New Delhi: India has overtaken China as the most attractive investment destination according to a survey conducted by Ernst & Young (EY) a...

Boeing invites over a dozen sites to bid on 777 jet work 25 Nov 2013 - 09:48 am

New York: Boeing Co has invited more than a dozen US locations to compete in a bidding process to determine where its new...

Greek recovery fragile, says IMF auditor 25 Nov 2013 - 09:47 am

ATHENS: The economic recovery touted by Greece’s embattled government is “fragile”, the nation’s IMF auditor said yesterday as he called for new, targeted...

Abraaj Group’s senior partner Stefanel leaves 25 Nov 2013 - 09:47 am

DUBAI: Matteo Stefanel, a senior partner at emerging markets-focused private equity firm Abraaj Group, has left the company, two banking and industry sources...

Babcock in talks to buy Avincis stake 25 Nov 2013 - 09:46 am

LONDON: Engineering services group Babcock is in exclusive discussions to take a stake in helicopter transport services company Avincis, a source close to...

Weekly Money Market Review with IBQ: US committee might taper in coming months 25 Nov 2013 - 09:45 am

Federal Reserve Chairman Ben Bernanke stated last week that the central bank is committed towards the easing policy for as long as needed,...

Weekly Commodity Update: Brent crude price returns to $110, gold slips 25 Nov 2013 - 09:45 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Growth-dependent commodities such as energy and industrial metals found support from improved US economic...

Economy Minister seeks roadmap to boost trade 24 Nov 2013 - 10:59 am

The Minister of Economy and Trade H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani with delegates during the 4th Bosphorus Summit...

Milaha wins big at Seatrade Middle East awards 24 Nov 2013 - 10:58 am

An official of Milaha (Qatar Navigation) receiving an award at the Seatrade Middle East and Indian Subcontinent Awards 2013 in Dubai. Doha: Milaha...

Bashir seeks reforms to keep inflation in check 24 Nov 2013 - 10:57 am

Sudanese President Omar Hassan Al Bashir during the second Economic Forum in the capital Khartoum yesterday. KHARTOUM: Sudan’s President Omar Hassan Al Bashir...