Business

Mannai hosts Iftar for employees 27 Jun 2016 - 03:22 am

Mannai Corporation hosted Iftar for its employees recently at the group’s accommodation facility in the Salwa Industrial Area and was attended by 600...

Malabar Gold opens 155th showroom 27 Jun 2016 - 03:21 am

Malabar Gold & Diamonds opened its 155th showroom globally and second showroom in Malaysia at the Lulu Hypermarket in Kuala Lampur. Datin Paduka...

Lexus Ramadan promotion offers free 3-year service 27 Jun 2016 - 03:18 am

DOHA: Abdullah Abdulghani & Bros Co, the exclusive distributor for Lexus in Qatar, has launched Ramadan promotional campaign titled “Ignite the Spirit” which...

Egyptian court suspends implementation of central bank decree to limit CEO terms 26 Jun 2016 - 02:16 pm

CAIRO: An Egyptian court suspended the implementation of a Central Bank decree to limit CEO terms on Sunday, according to the lawyer who...

Saudi Arabia picks banks to manage multi-billion dollar bond, sources say 26 Jun 2016 - 01:18 pm

By David French and Tom Arnold DUBAI: Saudi Arabia has chosen Citigroup , HSBC and JP Morgan to manage its debut sovereign bond...

Loss of access to single market would be catastrophic-UK foreign min 26 Jun 2016 - 12:15 pm

LONDON: British Foreign Secretary Philip Hammond said on Sunday it would be “catastrophic” for Britain to lose access to the European single market...

China’s finance minister sees ‘Brexit’ heightening uncertainty for markets 26 Jun 2016 - 09:45 am

China's Finance Minister Lou Jiwei speaks at a news conference in Beijing in this March 6, 2015 file photo. REUTERS BEIJING/TIANJIN: China’s finance...

Saudi non-oil GDP growth to slow to 2.8 pct this year: c.bank chief 26 Jun 2016 - 08:46 am

DUBAI: Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 percent in 2016 from 3.4 percent in 2015,...

Personalised service the hallmark of Shangri-La Hotel Doha: Official 26 Jun 2016 - 01:16 am

Figen Caglar, Director of Sales and Marketing Shangri-La Hotel Doha. Pic: Abdul B / The Peninsula DOHA: Figen Caglar is the Director of...

Gulf Air in deal with Alfa Express 26 Jun 2016 - 01:15 am

Manama: Gulf Air has selected Alfa Express Company for its waste management and recycling drive. The two companies entered into an agreement recently...

Over-supply may cause fall in LNG spot prices: QNB 26 Jun 2016 - 01:13 am

By Mohammad Shoeb DOHA: Despite six percent growth in demand for liquefied natural gas (LNG) a year through 2020, the LNG market is...

Newly expanded Panama Canal opens for bigger business 26 Jun 2016 - 12:22 am

A cargo ship is pictured crossing through the Miraflores locks, a day before the inauguration of the Panama Canal Expansion project, in Panama...

Wall Street ends worst day in 10 months after Brexit 25 Jun 2016 - 10:48 am

A trader walks out of the New York Stock Exchange (NYSE) on Wall Street following news that the United Kingdom has voted to...

Central banks move to reassure markets after Brexit 25 Jun 2016 - 12:00 am

A still image from video shows Bank of England Governor Mark Carney speaking after Britain voted to leave the European Union, at the...

Brexit selloff inspires some opportunistic US investors to move in the opposite direction 25 Jun 2016 - 12:00 am

A portrait of Queen Elizabeth hangs on a wall at the popular British restaurant and grocery Tea & Sympathy in Manhattan on June...

Mexico announces $1.68 bn budget cut after Brexit 24 Jun 2016 - 05:30 pm

A child cools off in a fountain on a hot summer day in downtown Ciudad Juarez, Mexico, June 23, 2016. REUTERS/Jose Luis Gonzalez ...

Germany shuts door to fracking 24 Jun 2016 - 03:46 pm

REUTERS/ File photo Berlin: German lawmakers Friday approved a law that essentially bans fracking, ending years of dispute over the controversial technology to...

Stocks crash as UK vote to quit EU shocks investors 24 Jun 2016 - 03:04 pm

Rates of currencies, including British Pound, are displayed after Brexit referendum on an electronic board at a currency exchange in Warsaw, Poland June...