Business

Russia targets Gazprom’s LNG monopoly 31 Oct 2013 - 12:27 am

MOSCOW: The Russian government took aim yesterday at Gazprom’s 25-year monopoly on gas exports by laying the groundwork for other companies to begin...

Spain escapes recession in Q3 31 Oct 2013 - 12:27 am

MADRID: Spain escaped from a two-year recession in the third quarter of this year with growth of 0.1 percent, official data showed yesterday,...

Vedanta gets shareholder nod for India buyout offers 31 Oct 2013 - 12:26 am

Bangalore: Mining conglomerate Vedanta Resources Plc won the backing of its shareholders to offer up to $3.48bn to buy the Indian government’s minority...

Iraq embraces China’s growing dominance in oil sector 31 Oct 2013 - 12:25 am

BAGHDAD: From the giant southern oilfields to the lively souqs of Basra, China is drilling ever deeper into Iraq. Driven by an insatiable...

Apicorp chief wins Newsmaker of the Year award 31 Oct 2013 - 12:06 am

Apicorp Chief Executive Ahmad bin Hamad Al Nuaimi (centre) receiving the award. Doha: Ahmad bin Hamad Al Nuaimi, Chief Executive & General Manager...

Qatari bourse index adds 23.92 points 31 Oct 2013 - 12:05 am

Doha: Qatar Exchange added yesterday 23.92 points or 0.25 percent to reach 9,757.11 points from the previous closing of 9,733.19 points on Tuesday. ...

Morocco solar power project gets €654m German loan 31 Oct 2013 - 12:04 am

RABAT: Morocco has secured a ¤654m loan from German state-owned bank KFW to part-finance two solar power plants totalling 300 megawatts worth an...

Japan launches WTO dispute over Ukraine’s auto duties 31 Oct 2013 - 12:03 am

GENEVA: Auto giant Japan yesterday challenged Ukraine over what it claims are unfair car import duties imposed by the ex-Soviet republic, the World...

Qatargas delivers inaugural LNG cargo to CNOOC’s Zhuhai terminal 30 Oct 2013 - 01:15 am

Al Gattara LNG vessel docked at Zhuhai LNG terminal in China. DOHA: Qatargas has delivered the first cargo of Liquefied Natural Gas (LNG)...

Qatar Airways to place new orders in Nov 30 Oct 2013 - 01:13 am

DOHA: Qatar Airways, the launch customer for Airbus’s A350, expects the European planemaker to start delivering the aircraft by the second half of...

Riyadh luxury auto show 30 Oct 2013 - 01:12 am

A Lamborghini car is displayed at a luxury car exhibition in Riyadh yesterday.

Qatar Central Bank real estate price index rises in September 30 Oct 2013 - 01:11 am

DOHA: The 2013 third quarter update of Qatar Central Bank’s (QCB) real estate price index underlines Qatar’s real estate market is on the...

New budget key for Qatar’s development, says Minister 30 Oct 2013 - 01:11 am

DOHA: Finance Minister H E Ali Sherif Al Emadi has said that Qatar’s 2014 annual budget will be very special for the country...

Iran may have new oil contract ready soon 30 Oct 2013 - 01:10 am

DUBAI: Iran expects to draw up new framework agreements within six months, including oil production sharing contracts (PSCs), to lure foreign energy investors...

OGX oil firm says talks with creditors fail 30 Oct 2013 - 01:10 am

SAO PAULO: Brazilian tycoon Eike Batista’s troubled oil firm OGX announced yesterday that talks with creditors to restructure its ballooning debt had failed,...

Asian exports stall 30 Oct 2013 - 01:03 am

Cars parked for export at a port in Yokohama, south of Tokyo. Asia’s once-reliable export engine remains stalled two years into a global...

Al Khaliji’s net profit up 5.2pc to QR398.2m 30 Oct 2013 - 01:02 am

DOHA: Al Khaliji recorded a net profit of QR398.2m for the first nine months of 2013, an increase of 5.2 percent over its...

Refugee flow hits Jordan growth 30 Oct 2013 - 01:02 am

AMMAN: The cost of accommodating hundreds of thousands of Syrian refugees in Jordan is hampering the economy’s ability to grow substantially beyond a...