Business

Banks’ net domestic credit surges by 32.1pc: QCB 08 Sep 2015 - 10:42 am

By Satish Kanady DOHA: Qatari banking system’s net domestic credit surged 32.1 percent to QR567bn in July 2015, from QR430bn a year ago. ...

European farmers block Brussels 08 Sep 2015 - 10:41 am

Belgian riot police officers stand guard next to a burning caravan during clashes as farmers and dairy farmers from all over Europe take...

Entrepreneurs throng QBIC’s first Open Day 08 Sep 2015 - 10:40 am

An official speaking to aspiring entrepreneurs during the Open Day. DOHA: Qatar’s entrepreneurs were out in record numbers at Qatar Business Incubation Center’s...

Tesco sells S Korean arm for $6.1bn 08 Sep 2015 - 10:38 am

Customers buy goods at the Homeplus retail store, South Korea’s number two supermarket chain, in Seoul, yesterday. LONDON/SEOUL: Tesco is selling its South...

Qatar well-positioned to withstand oil fall: QNB 08 Sep 2015 - 10:37 am

DOHA: Global oil prices are expected to stay lower for longer, averaging $55/barrel in 2015-16 on oversupplied markets, before rising to $60 in...

Nakilat raises foreign ownership limit to 49pc 08 Sep 2015 - 02:39 am

Minister of Energy and Industry and Chairman of Nakilat H E Dr Mohammed b in Saleh Al Sada with directors and officials during...

Private sector to drive Qatar’s growth 08 Sep 2015 - 12:57 am

Minister of Finance H E Ali Sherif Al Emadi speaking at the Carnegie Mellon University in Qatar’s Dean’s Lecture Series yesterday. (Abdul Basit)...

Qatar’s economic growth set to continue, The Minister of finance says 07 Sep 2015 - 08:30 pm

Ali Shareef Al Emadi, The Minister of Finance Doha: The Minister of Finance Ali Shareef Al Emadi stressed that the country will continue...

Tesco sells South Korean arm to private equity group for $6.1 billion 07 Sep 2015 - 02:08 pm

People walk out from a Homeplus market in Seoul, South Korea, August 24, 2015. BY JAMES DAVEY AND JOYCE LEE LONDON/SEOUL: Tesco is...

Qatar Re ranked among top 50 reinsurers 07 Sep 2015 - 01:06 am

Khalifa A Al Subaey, QIC Group President & CEO DOHA: Qatar Re, a global multi-line reinsurer and a reinsurance subsidiary of Qatar Insurance...

Global markets on edge, await China data 07 Sep 2015 - 01:05 am

An image of a Sri Lankan Rs1,000 note is seen as customers wait to exchange their rupees at a money exchange counter in...

QInvest wins Global Fund Award 07 Sep 2015 - 01:04 am

Tamim Hamad Al Kawari (left) and Dr Ataf Ahmed DOHA: QInvest, Qatar’s leading investment group, has been named ‘Islamic Fund Management Firm of...

Qatari bourse index drops 69.49 points 07 Sep 2015 - 01:02 am

Doha: Qatar Exchange (QE) index dropped 69.49 points or 0.61 percent yesterday when it closed at 11,277.66 points. The market capitalisation declined QR595.83bn...

G20 launches new grouping to empower women 07 Sep 2015 - 01:01 am

Front row, from left: Deputy Executive Director of UN Women, Lakshmi Puri; Turkey’s G20 Sherpa Ambassador Ayse Sinirlioglu; Gaziantep Mayor Fatma Sahin; Turkey’s...

Lack of diversity in Silicon Valley boosts start-ups 07 Sep 2015 - 01:00 am

Frederick Hutson was serving time in prison when he came up with a million-dollar idea for Internet start-up Pigeonly. San Francisco: Too many...

PetroCaribe Summit 07 Sep 2015 - 01:00 am

Venezuelan President Nicolas Maduro delivering a speech during the 10th summit of PetroCaribe in Kingston, Jamaica, yesterday. The PetroCaribe Summit brings together Caribbean...

Some 121 commercial violations detected in August: Ministry 06 Sep 2015 - 02:29 pm

Inspectros from the Ministry of Economy and Commerce are checking details of products at a supermarket in this file photo. DOHA: As part...

GE awaits EU decision on Alstom deal 06 Sep 2015 - 12:00 am

Washington: General Electric Co is expected to win regulatory approval next week for its purchase of the power equipment business of France’s Alstom,...