Business

Wide-body battle dominates Paris Air Show 17 Jun 2013 - 04:50 am

A Falcon 7X is on display near the Dassault Aviation chalet at Le Bourget yesterday on the eve of the opening of the...

Tunisia Islamic finance could reach 25-40pc 17 Jun 2013 - 04:50 am

DUBAI: Tunisia’s fledgling Islamic finance industry could take a 25 to 40 percent share of the country’s financial sector in five years’ time...

Record number of vessels docks at Qatari ports in 2012 17 Jun 2013 - 04:48 am

DOHA: A record number of 5834 vessels docked at various ports of Qatar in 2012 with a gross tonnage amounting to 294.9m, up...

Sudan shelves telecom profit tax for 3 years 17 Jun 2013 - 04:47 am

DUBAI: Sudan has scrapped a 30 percent profit tax on telecom operators until 2015-end, replacing it with a 2.5 percent levy on total...

Qatari exports to UK decline by 23 percent 17 Jun 2013 - 04:47 am

BY MOHAMMAD SHOEB DOHA: The value of Qatari exports to the UK has declined by 23 percent from QR27.45bn (£4.8bn) in 2011 to...

Detroit manager’s next move vexes creditors 17 Jun 2013 - 04:46 am

Detroit: Now that Detroit’s emergency manager has laid out a tough road that could include a bankruptcy filing for the city, the bondholders,...

India enhances limits on foreign investments 17 Jun 2013 - 04:46 am

DOHA: The federal government of India, in line with a discussion held by its Finance Minister P Chidambaram with Qatari authorities during his...

Spaniards march against govt austerity 17 Jun 2013 - 04:44 am

People carry a banner during a protest against austerity measures of EU in Barcelona yesterday. The banner reads “For a social and democratic...

G8 leaders face gloomy global economy 17 Jun 2013 - 04:44 am

ENNISKILLEN, Northern Ireland: Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that US stimulus...

Abe promotes nuclear exports at central Europe summit 17 Jun 2013 - 04:43 am

From Left: Slovakian Prime Minister Robert Fico, Japanese Prime Minister Shinzo Abe, Polish Prime Minister Donald Tusk, Hungarian Prime Minister Viktor Orban and...

Jittery markets await clarity from Federal Reserve board meeting 17 Jun 2013 - 04:42 am

Washington: The Federal Reserve’s policy board meets tomorrow to review the economy and its stimulus program, and markets are looking for one thing:...

Qatar Exchange hosts London forum 17 Jun 2013 - 12:14 am

DOHA: Qatar Exchange (QE), in collaboration with HSBC, hosted a two-day forum in London to attract investments to Qatari listed companies. The forum...

Qatari bourse index loses 55.39 points 17 Jun 2013 - 12:13 am

Doha: Qatar Exchange index yesterday lost 55.39 points or 0.58 percent to 9,424.41 points from the previous closing of 9,479.80 points. The volume...

Waha buys 97pc stake in Anglo Arabian 17 Jun 2013 - 12:13 am

ABU DHABI: Abu Dhabi investment firm Waha Capital has acquired a 97-percent stake in a UAE healthcare company and plans to invest up...

Co-op Bank close to rescue package 17 Jun 2013 - 12:13 am

LONDON: Britain’s Co-operative Bank is close to agreeing a rescue package with the Bank of England that will plug a capital shortfall of...

Aramco-Dow JV raises funding for $19bn project 17 Jun 2013 - 12:02 am

DUBAI: Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, has signed a fundraising package for the $19.3bn petrochemical complex...

International Islamic wins award at Global Sukuk Summit 16 Jun 2013 - 06:18 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani, International Islamic Chairman and Managing Director, receiving the award at the Global Sukuk Summit...

Paris Air Show from tomorrow 16 Jun 2013 - 06:17 am

A worker finishes installing a UAV model at the Aviation Industry Corporation of China (AVIC) exhibition area, two days before the opening of...