Business

Suriname Newmont gold mine opened, seen boosting struggling economy 18 Nov 2016 - 05:34 am

MERIAN MINE, Suriname: Suriname President Desi Bouterse and Newmont Mining Corp Chief Executive Gary Goldberg inaugurated the open-pit Merian gold mine on Thursday,...

Amazon video going global in Netflix challenge: report 18 Nov 2016 - 05:29 am

San Francisco: Amazon is poised to challenge Netflix on the global stage with a massive expansion of its on-demand video streaming service, The...

Qatar and Australia review trade ties 18 Nov 2016 - 02:50 am

Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim Al Thani (right) yesterday met with Australia's Minister of Foreign Affairs Julie...

Qatar Stock Exchange index jumps 33.27 points 18 Nov 2016 - 02:42 am

Qatar Stock Exchange (QE) index gained 33.27 points or 0.34 percent to close at 9,774.98 points yesterday compared to the previous closing of...

Gas demand likely to grow next year: Al Sada 18 Nov 2016 - 02:40 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada said yesterday that the demand for natural gas is likely...

‘Blood Gold’ in US cars and smartphones funds rebel armies 17 Nov 2016 - 07:14 pm

Deep in the jungles of Colombia, thousands of small, illegal mining operations, many under the control of Marxist guerrillas or drug traffickers, are...

Weak international sales cloud Walmart 3rd quarter 17 Nov 2016 - 06:07 pm

New York: Sagging international sales held down total revenues and hit profits for retail giant Wal-Mart Stores in the third quarter, the company...

Saudi’s Falih urges OPEC to cut oil output to low end of target 17 Nov 2016 - 05:19 pm

RIYADH/DOHA: The energy minister for top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC’s deal to limit oil output...

Prince Alwaleed sees Saudi currency depeg as last resort 17 Nov 2016 - 04:45 pm

Saudi Arabian billionaire Prince Alwaleed Bin Talal raised the possibility that the kingdom may depeg its currency as the country undergoes unprecedented social,...

Commercial Bank gets nod to raise capital 17 Nov 2016 - 01:42 pm

Shareholders of Commercial Bank yesterday approved board of directors proposal of QR1.5bn rights issue in the Extraordinary Meeting held yesterday at the bank's...

Gold prices fall 10% since September 17 Nov 2016 - 01:39 pm

The nine-month long rally of gold price is fizzling out. The yellow metal has fallen around 10 percent in the last two months...

Mideast power generation capacity to grow 66% 17 Nov 2016 - 01:36 pm

The Middle East region’s power generation capacity is expected to grow by 66 percent by 2030, Siemens’ energy outlook released yesterday noted. Siemens’...

HSBC holds Middle East Economics Roadshow 17 Nov 2016 - 01:34 pm

HSBC held its 19th Middle East Economics Roadshow at the W Hotel here yesterday. The event saw David Bloom (pictured), Global Head of...

'Telecom Achiever of the Year' award for Vodafone Qatar 17 Nov 2016 - 01:31 pm

Vodafone Qatar was named ‘Telecom Achiever of the Year’ at the Enterprise Agility Awards 2016 in recognition of the Company’s outstanding performance over...

Doha Bank may raise capital by 20% 17 Nov 2016 - 01:25 pm

Doha Bank's Board will submit a recommendation to the Extra Ordinary General Assembly to raise the Bank’s capital by 20 percent to meet...

Algeria buys 580,000 T wheat in tender 16 Nov 2016 - 05:53 pm

PARIS: Algeria's state grains agency OAIC bought 580,000 tonnes of optional-origin milling wheat in a tender that closed on Tuesday, European traders said...