Business

Renewables: Mena looks for $200bn 22 Jul 2017 - 10:45 pm

The Middle East and North Africa (Mena) region is embarking on an unprecedented programme to develop renewable energy, with more than 67GW of...

Pakistan holds interest rates 22 Jul 2017 - 10:45 pm

Karachi: Pakistan’s central bank left its interest rate unchanged in the first meeting headed by Governor Tariq Bajwa who was appointed this month...

S Korean fixed deposits go up 22 Jul 2017 - 10:45 pm

Seoul: The combined amount of fixed deposits at South Korean banks increased sharply over the first six months of 2017 despite low interest...

Dollar falls on perceived ECB path 22 Jul 2017 - 10:45 pm

The U S dollar hit its lowest level in more than a year against a basket of major rivals on Friday a day...

EU antitrust regulators probe allegations of German car cartel 22 Jul 2017 - 10:45 pm

Brussels: EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said yesterday, a measure...

As Immelt bows out, GE shows stench of oil is hard to escape 22 Jul 2017 - 10:20 pm

In his final days atop General Electric Co., Jeffrey Immelt still can’t throw off oil’s stink. In his farewell earnings report, the chief...

First pipeline plan draws ire of American oil 22 Jul 2017 - 10:20 pm

Jennifer A. Dlouhy: Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire...

FTC probing allegations of Amazon’s pricing discounts 21 Jul 2017 - 10:29 pm

As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads...

India's Ambani to launch free smartphone as he shakes up telecoms 21 Jul 2017 - 12:30 pm

Mumbai: India's richest man Mukesh Ambani said Friday that his telecoms venture Jio would launch a free smartphone, escalating a price war that...

QSE’s main index gained 72.35 points last week 21 Jul 2017 - 12:54 am

Qatar Stock Exchange’s (QSE) benchmark index gained 72.35 points, 0.76 percent, last week when the bourse closed yesterday at 9,542.28 points. Trading value...

Banks lift QSE index 20 Jul 2017 - 01:03 am

Banking stocks boosted Qatar’s equities market yesterday, with some share prices approaching levels last reached before the country’s diplomatic crisis erupted in early...

Demand for business segment hotels to see steady growth 20 Jul 2017 - 01:03 am

The demand for hotel rooms, especially for the business segment hotels preferred by frequent travellers, are expected to witness a steady increase in...

Qatar-Iran meet to strengthen bilateral trade 20 Jul 2017 - 01:03 am

Qatari businessmen and their Iranian counterparts discussed ways enhancing bilateral trade cooperation as well as the possibility of reaching commercial partnerships and special...

Doha Bank posts solid H1 net profit with impressive ratios 20 Jul 2017 - 01:03 am

Doha Bank has recorded a net profit of QR716m for the first half of 2017 (H1 2017), an increase of 1.0 percent as...

ibq’s net profit grows by 20% 20 Jul 2017 - 01:03 am

International Bank of Qatar (ibq) recorded a net profit of QR278m for the first half of 2017 (H1 2017), reflecting a 20 percent...

Qatar banks confident in future growth 20 Jul 2017 - 12:57 am

A vast majority of banks in Qatar believe that systemic risk in the country’s banking sector will decrease or remain the same in...

Daimler recalls 3 million diesel cars over emissions 19 Jul 2017 - 09:54 pm

Berlin: German luxury car maker Daimler, which is being investigated for alleged emissions cheating, announced Tuesday a voluntary recall of more than three...