Business

Ezdan Holding Group bags Property Company of the Year 2015 award 10 Sep 2015 - 09:46 am

Ezdan Holding Group CFO Medhat Abdelmagid (left) receiving the Property Company of the Year Award. Abdul Basit DOHA: Ezdan Holding Group has won...

IMF warns deficit could erode Saudi reserves 10 Sep 2015 - 09:41 am

Dubai: The International Monetary Fund warned yesterday that Saudi Arabia’s growing budget deficit could rapidly erode its reserves unless it adapts to slumping...

Dubai developers upbeat despite falling prices 10 Sep 2015 - 09:39 am

Visitors inspect Falcon City section at the exhibition of Global Cityscape 2015, at Dubai International Convention and Exhibition Centre, Dubai. The 14th edition...

Struggling Tunisia to seek new IMF aid 10 Sep 2015 - 09:33 am

IMF chief Christine Lagarde walking with Tunisian Prime Minister Habib Essid at a souk in the Tunisian capital Tunis. Tunis: Tunisia, whose economy...

China to step up fiscal incentives 10 Sep 2015 - 09:32 am

Beijing: China will adopt “stronger” fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world’s second-largest...

Sapphire opens first hotel in Doha 10 Sep 2015 - 09:30 am

Doha: Sapphire Hospitality Company has opened its first hotel —Sapphire Plaza Hotel — close to the City Center in Doha. Sheikh Nasser bin...

Court stops Lufthansa pilot strike 10 Sep 2015 - 09:29 am

Frankfurt: Lufthansa won a temporary injunction yesterday against a pilots’ strike, but the German airline said 1,000 scheduled flights would nevertheless remain cancelled...

Qatari market nabs best gains in months 10 Sep 2015 - 12:48 am

By Satish Kanady DOHA: Qatari stocks recovered its lost ground in the past two sessions, after positive remarks from the government and market...

Apple unveils large-format iPad Pro tablet 09 Sep 2015 - 08:40 pm

Senior Vice President of Worldwide Marketing at Apple Inc, Phil Schiller speaks about the new iPad Pro during an Apple media event in...

Global stocks rally as investors scent fresh stimulus 09 Sep 2015 - 01:47 pm

A pedestrian holding her umbrella is reflected on an electronic board showing the Japan's Nikkei average outside a brokerage in Tokyo, Japan, September...

Al Sada stresses on GCC water project 09 Sep 2015 - 12:51 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (third right) with other GCC ministers and leaders at the...

Qatar bourse to attract more firms 09 Sep 2015 - 12:50 am

Qatar Exchange Chief Executive Officer Rashid Ali Al Mansoori speaking at CMUQ’s Lecture Series yesterday. DOHA: Qatar Exchange (QE) is looking for more...

Aamal expands maritime services with new subsidiary 09 Sep 2015 - 12:49 am

DOHA: Aamal Company yesterday announced the establishment of a new subsidiary, Aamal for Maritime Transportation Services (AMTS). AMTS will take ownership of vessels...

Austrian firms ink 15 deals in Iran 09 Sep 2015 - 12:17 am

Austrian President Heinz Fischer (centre) with Iran’s supreme leader Ayatollah Ali Khamenei and President Hassan Rowhani in Tehran yesterday. TEHRAN: Austrian companies signed...

Iraq’s forex reserves near $60bn as oil falls 09 Sep 2015 - 12:16 am

BAGHDAD: Lower oil revenues have cut Iraq’s foreign currency reserves to about $60bn, the central bank governor said yesterday, enough to cover about...

Qatar stock index gains 110.49 points 09 Sep 2015 - 12:00 am

DOHA: Qatar Stock Exchange (QSE) index gained 110.49 points, or 0.98 percent, Tuesday when it closed at 11,430.47 points. The market cap increased...

Wall St. opens higher on hopes of Chinese stimulus 08 Sep 2015 - 05:08 pm

Traders work on the floor of the New York Stock Exchange shortly after the markets opened in New York September 3, 2015. U.S....

Qatar Reinsurance Company to migrate ‘seat of incorporation’ from QFC to Bermuda 08 Sep 2015 - 03:01 pm

DOHA: Qatar Reinsurance Company, a firm incorporated in the Qatar Financial Centre (QFC), has announced to migrate its ‘seat of incorporation’ from the...