Business

Brazil's Cemig plans to sell majority stake in two units 12 Mar 2017 - 08:22 pm

Sao Paulo: Cia Energética de Minas Gerais SA plans to sell a majority stake in two units and list them in São Paulo...

Commercial Bank announces special savings rates for citizens 12 Mar 2017 - 08:22 pm

Commercial Bank, Qatar’s first private bank, is rewarding Qatari customers this dividend distribution season with a range of savings offers and exclusive premium...

Some US bank bulls grow wary 12 Mar 2017 - 08:22 pm

New York: Bank shares have been the runaway winners of the post-election US stock market boom as investors wagered that higher interest rates,...

Qatar Chamber to participate in UAC meeting on March 14-15 12 Mar 2017 - 08:22 pm

Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber (QC), will lead the Chamber’s delegation to the 124th meeting of the Union...

GE launches global powering efficiency center of excellence 12 Mar 2017 - 08:22 pm

GE announced its new global Powering Efficiency Center of Excellence (COE), which brings together cross-business experts in its energy businesses to apply a...

Oil price slide hits Saudi market; QSE index up 12 Mar 2017 - 08:16 pm

Dubai : Major Gulf stock market indexes mostly closed lower yesterday after oil prices plunged at the end of last week to a...

Stargazing keeps tourism looking up 12 Mar 2017 - 05:49 pm

Berlin: With urbanisation gaining pace and air pollution clouding the view in major cities, contemplating the stars in a pitch-black sky is fast...

Red hot Lukaku strikes again as Everton sink Albion 12 Mar 2017 - 02:04 pm

Liverpool: Romelu Lukaku improved his chances of winning the Premier League's golden boot as Everton romped to a 3-0 victory against West Bromwich...

UAE's Sharjah Islamic Bank says plans convertible sukuk issue 12 Mar 2017 - 01:56 pm

DUBAI: The United Arab Emirates' Sharjah Islamic Bank (SIB) plans to issue convertible sukuk equivalent to 10 percent of the lender's capital, it...

Qatar stock index gains 17.64 points 12 Mar 2017 - 01:40 pm

Doha: Qatar Stock Exchange (QSE) index gained 17.64 points (+0.17%) when the bourse closed trading at 10,484.87 points Sunday. The volume of shares...

Joyalukkas launches loyalty rewards in partnership with Gulf Air 11 Mar 2017 - 10:57 pm

Global jewellery retail chain Joyalukkas has added Bahrain’s national carrier, Gulf Air, to its roster of rewards partners giving the airline’s Falconflyer (loyalty...

Kalyan Jewellers opens new showroom in Messilah 11 Mar 2017 - 10:57 pm

Kalyan Jewellers, one of GCC’smost trusted and leading jewellery brands, has opened a new showroom at Messilah in Doha. Located inside the Lulu...

KPMG in Qatar celebrates International Women’s Day 11 Mar 2017 - 10:53 pm

KPMG in Qatar held an event at the firm’s headquarter to mark the International Women’s Day (IWD). IWD is a global initiative celebrated...

Yellen claim Fed isn't behind curve challenged by robust hiring 11 Mar 2017 - 10:52 pm

Twice in the past three months, Federal Reserve Chair Janet Yellen has made a point of insisting that the Federal Open Market Committee...

China growth targets imply more debt-fuelled stimulus 11 Mar 2017 - 10:52 pm

China may not be able to meet its growth target if the government implements the fiscal consolidation outlined in its annual ‘work report’....

ECB considers raising interest rates before QE ends 11 Mar 2017 - 10:52 pm

Frankfurt: European Central Bank policy makers considered the question of whether interest rates could rise before their bond-buying programme comes to an end,...