Business

QFC's 5-year roadmap to boost private sector 13 Mar 2017 - 10:50 pm

Qatar Financial Centre is on track to licence 1,000 new firms and create 10,000 jobs by 2022, Qatar Financial Centre (QFC) Authority CEO...

Saudi Deputy Crown Prince to meet Trump 13 Mar 2017 - 10:50 pm

Riyadh: Saudi Arabia's Deputy Crown Prince Mohammed bin Salman (pictured), in charge of Saudi Arabia's reforms, left yesterday for Washington to meet President...

Qatar-UK forum to open new avenues 13 Mar 2017 - 10:50 pm

London and Birmingham are set to host the largest ever business delegation from Qatar as part of the UK Government's drive to create...

Quality Group launches base in Guangzhou 13 Mar 2017 - 10:50 pm

Quality Group International, headquartered in Qatar, further expanded their operations by inaugurating a Food Processing and Logistics Base in Guangzhou, Republic of China....

Majid Al Futtaim closes $1bn revolving loan 13 Mar 2017 - 10:22 pm

Dubai: Dubai’s Majid Al Futtaim, an owner and operator of shopping centres in the Middle East and North Africa, has obtained a $1bn-equivalent...

First Finance Company wins IFM Award 13 Mar 2017 - 10:22 pm

In recognition of the creative efforts it made throughout the year, First Finance Company (FFC), a subsidiary of Barwa Bank Group, has earned...

Brent crude expected to average at $55 in 2017: QNB 13 Mar 2017 - 10:22 pm

Qatar’s oil production picked up slightly to 615,000 barrels per day (b/d) in January, from 611000 b/d in December. Brent crude oil prices...

CPI sees marginal rise in Feb 13 Mar 2017 - 10:22 pm

Consumer Price Index (CPI) has risen marginally by 0.1 percent to reach 108.4 points in February compared to January this year. The Index...

Dollar inches higher as investors await to Fed decision 13 Mar 2017 - 10:22 pm

New York: The dollar edged higher from two-week lows yesterday, recovering after Friday's bout of profit-taking following a robust US jobs report, as...

Intel to buy driverless car company Mobileye 13 Mar 2017 - 06:32 pm

ANKARA: Intel announced Monday that it is taking over its Israeli-based driverless technology partner Mobileye for about $15.3 billion. The U.S. chipmaker said...

Hyundai signs €3bn deal for Iran oil project 13 Mar 2017 - 04:03 pm

Seoul: Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, it confirmed on...

Qatar Stock Index Drops 129.72 Points 13 Mar 2017 - 03:12 pm

Doha: Qatar Stock Exchange (QSE) index dropped 129.72 points (-1.24 percent) when the bourse closed trading at 10,361.43 points Monday. The volume of...

Tokyo stocks hit 15-month high after US jobs data 13 Mar 2017 - 09:58 am

Tokyo: Tokyo stocks hit a 15-month high Monday after solid US jobs data all but guaranteed a Federal Reserve rate hike this week,...

Export credit to boost Middle East lending 12 Mar 2017 - 08:29 pm

Dubai: Middle East borrowers are increasingly using loans backed by export credit agencies to fund projects as tightening liquidity makes conventional borrowing more...

Chinese economy facing many challenges ahead: Expert 12 Mar 2017 - 08:29 pm

Beijing: The risk of a steep slide in China’s economy has reduced, the head of a government research centre said on Sunday, adding...

Techno Blue launches Fujifilm's cutting-edge digital camera 12 Mar 2017 - 08:29 pm

Techno Blue has launched the Fujifilm GFX 50S(GFX 50S) medium format mirrorless digital camera in Qatar, which features a 43.8x32.9mm medium format sensor...

Investors bet on ECB rate hike before end of QE 12 Mar 2017 - 08:29 pm

London: Investors are betting that the European Central Bank will start raising rates before the end of its quantitative easing (QE). Forward swaps...