Business

Ministry to issue commercial warehouse licenses in 3 business days 31 May 2018 - 12:52 pm

Doha: The Ministry of Economy and Commerce has launched an initiative to issue licenses of building commercial warehouses in three business days. The...

Qatar to achieve self-sufficiency in medicine soon 31 May 2018 - 01:05 am

DOHA: Qatar, as part of efforts to achieve self-sufficiency in terms of necessary medicines, is expected to introduce the popular eCTD (electronic common...

Europe expects to be hit by US tariffs on steel and aluminum 31 May 2018 - 01:00 am

PARIS: Europe is bracing for the United States to slap restrictions Thursday on imported steel and aluminum, a move that could provoke retaliatory...

Doha Bank offers new mega prize of QR2m 31 May 2018 - 12:57 am

DOHA: Doha Bank yesterday announced launch of a new mega prize of QR2m to double the reward for its customers. The bank is...

Bank Indonesia's new governor stamps his mark with rate hike 31 May 2018 - 12:51 am

Indonesia’s new central bank chief raised interest rates at an early policy meeting on Wednesday, moving swiftly to counter an emerging-market selloff that’s...

EU industry lobby adds to pressure on Britain over Brexit talks 31 May 2018 - 12:43 am

BRUSSELS/LONDON: A European industry lobby told Prime Minister Theresa May on Wednesday that Britain needed trade to be as "frictionless as with a...

Kenya's president vows to recover stolen millions 30 May 2018 - 04:40 pm

Nairobi: Kenyan President vowed Wednesday that some $80 million (70 million euros) stolen from the national youth agency in the country's latest corruption...

Ministry underlines contribution of local products to market stability 30 May 2018 - 04:17 pm

Doha: The Ministry of Economy of Commerce underlined that local products contributed to achieving stability in the markets, especially in terms of quantities,...

Internet brings major change in hiring process in GCC 30 May 2018 - 01:24 am

DOHA: A majority of GCC employers in a survey have revealed that the Internet and digital technology have significantly transformed the hiring process...

Monthly PPI for April up by 2.6% 30 May 2018 - 01:14 am

DOHA: The monthly Producer Price Index for April, 2018 was estimated at 67.6 points showing an increase by 2.6 percent, when compared to...

‘Toxic Mega-Merger’: Bayer wins US approval for Monsanto after two-year quest 30 May 2018 - 12:58 am

Bayer AG won U.S. antitrust approval for its $66 billion takeover of Monsanto Co., clearing the last major regulatory hurdle to forming the...

Canada to buy Kinder Morgan oil pipeline in bid to save project 30 May 2018 - 12:58 am

OTTAWA/WINNIPEG: Canada will buy Kinder Morgan Canada Ltd's Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to...

QIMC acquires foreign partner’s 33.33% stake in QPPC 30 May 2018 - 12:58 am

DOHA: Qatar Industrial Manufacturing Company (QIMC) yesterday announced to have acquired the ‘Foreign Partner’s’ stake in Qatar Plastic Products Company (QPPC). With the...

Qatar’s non-oil exports grow by 67.4% in April 30 May 2018 - 12:58 am

DOHA: Qatar’s non-oil exports has recorded a significant increase of 67.4 percent to QR2.27bn in April 2018, compared to March 2018 when it...

Italian turmoil hits global markets, sending stocks plunging 30 May 2018 - 12:32 am

NEW YORK: Stocks in the U.S. and Europe sank Tuesday following political turmoil in Italy, which stoked fears of instability in the euro...

Qatar non-oil exports grow by 71% in April 29 May 2018 - 04:15 pm

Doha: Qatar’s non-oil export has recorded a significant increase of 68% to QR2.27 billion in April 2018, compared to March 2018 when it...

Qatar-US economic ties to expand significantly 29 May 2018 - 02:01 am

DOHA: Qatar and the US bilateral trade and economic cooperation is to reach new heights with a significant jump in trade volumes in...

QFC and Commercial Bank officials shaking hands after the signing ceremony. 29 May 2018 - 01:48 am

DOHA: Commercial Bank and the Qatar Financial Centre (QFC) have formed a strategic partnership where Commercial Bank will be the preferred bank for...