Business

Egypt lifts gas price ahead of IMF visit 02 Apr 2013 - 06:11 am

CAIRO: Egypt raised the price of state-subsidised cooking gas for the first time in two decades yesterday, a government official said, trimming an...

Cyprus leader says nobody immune to inquiry 02 Apr 2013 - 06:09 am

NICOSIA: The Cypriot president pledged yesterday that not even his own family will be immune from a commission of inquiry into allegations of...

Qatari businessmen keen to invest in Afghanistan 01 Apr 2013 - 06:45 am

QBA Chairman Sheikh Faisal bin Qassim Al Thani (second left) shaking hands with Afghan President Hamid Karzai in Doha. QBA Second Deputy Chairman...

Ooredoo to launch ultrafast 4G LTE network in two weeks 01 Apr 2013 - 06:43 am

Ooredoo Chairman Sheikh Abdullah bin Mohammed bin Saud Al Thani (centre), Deputy Chairman Ali Shareef Al Emadi (right) and CEO Dr Nasser Marafih...

Qatar’s pharmaceutical market to remain import-dependent 01 Apr 2013 - 06:41 am

DOHA: Qatar’s pharmaceutical market is likely to remain highly import-dependent, providing significant opportunities for multinational branded drug makers through the trade route. Despite...

Milaha to give dividend from Apr 7 01 Apr 2013 - 06:39 am

Sheikh Ali bin Jassim bin Mohammad Al Thani, Chairman and Managing Director of Milaha, at the Annual General Meeting at the W Hotel...

UK gas stocks swell on supplies from Qatar 01 Apr 2013 - 06:38 am

DUBAI: UK stocks of liquefied natural gas have swollen over the last week, data from National Grid shows, after three big Qatari deliveries...

Emerging markets dumping euro reserves, says report 01 Apr 2013 - 06:38 am

London: The euro’s challenge to the international status of the US dollar has been set back a generation as new data show developing...

Ukraine’s gas buys from Europe fraudulent, says Gazprom 01 Apr 2013 - 06:37 am

MOSCOW: Ukraine is using a “fraudulent scheme” to carry out reverse shipments of Russian gas from the European market, Gazprom CEO Alexei Miller...

Qatar Exchange down a tad; Egypt falls to 16-week low 01 Apr 2013 - 06:31 am

Doha/dubai: Qatar Exchange was down 8.54 points or 0.10 percent to 8,577.72 points yesterday from the previous closing of 8,586.26 points. Among the...

Egyptian pound slips on the black market 01 Apr 2013 - 06:31 am

CAIRO: The Egyptian pound has fallen sharply against the dollar on the black market in the last few days, market participants said yesterday,...

Dana Gas collects $73.7m from Egypt and Kurdistan 01 Apr 2013 - 06:30 am

DUBAI: Dana Gas has collected a total of $73.7m in receivables from its operations in Egypt and the Kurdistan region of Iraq in...

Qatargas delivers first cargo of LNG to Singapore 01 Apr 2013 - 06:28 am

The Q-Max LNG carrier ‘Umm Slal’. Doha: Qatargas has delivered its first ever cargo of liquefied natural gas (LNG) to Singapore. The cargo...

Green-tinted SUVs at Seoul Motor Show 01 Apr 2013 - 06:25 am

Almuftah Group Managing Director Ibrahim Almuftah and Alkhorayef Group Commercial Manager Mohamed Alkhorayef exchanging documents recently. GOYANG, South Korea: Gas-guzzling SUVs, eco-friendly electric...

All eyes on ECB to calm markets after Cyprus bailout 01 Apr 2013 - 06:24 am

FRANKFURT: The European Central Bank will hold off from cutting rates or announcing any other policy moves at its meeting next week so...

India’s car market tanks despite huge discounts 01 Apr 2013 - 06:22 am

NEW DELHI: Indian car buyers are being bombarded with “buy now, pay later” offers after once-booming sales skidded to a 12-year low, highlighting...

Weakly Money Market Review with IBQ: Cyprus contagion fears loom over European markets 01 Apr 2013 - 06:14 am

The Euro fell against its American counterpart, as Investors feared the deal in Cyprus, which caused big losses for depositors above EUR 100,000...

Qatar’s real GDP grows over six percent: QSA report 31 Mar 2013 - 01:15 am

DOHA: Qatar’s real gross domestic product (GDP) in October-December 2012 rose 6.2 percent from a year earlier, growing 6.6 percent from the previous...