Business

Qatar trade balance down 1.4 percent in July 30 Aug 2015 - 12:00 am

DOHA: Qatar’s trade balance achieved a surplus of QR14.3bn in July, down 1.4 percent compared to the previous month and down 55.6 percent...

Arabs brace for weak oil for rest of 2015 29 Aug 2015 - 12:00 am

DUBAI/LONDON: A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they...

Germany ignores calls to boost spending 29 Aug 2015 - 12:00 am

BERLIN: Germany posted a record-breaking ¤21bn surplus in the first half of 2015 but has turned a deaf ear to criticism from home...

Brazil enters recession in Q2 29 Aug 2015 - 12:00 am

Rio de Janeiro: Brazil has slipped into recession, the government said yesterday, deepening the gloom in the world’s seventh largest economy already battered...

Profit slides at Australian supermarket giant Woolworths 29 Aug 2015 - 12:00 am

Sydney: Australian supermarket giant Woolworths yesterday posted a 12.5 percent slide in full-year net profit and announced its chairman was stepping down, just...

Qatar Exchange index jumps 3.08pc 28 Aug 2015 - 12:00 am

DOHA: Qatar Exchange (QE) index finished in the green yesterday, after a sharp rise in all sectors. The market gained 3.08 percent or...

IBQ’s 24th thanq winner 27 Aug 2015 - 12:00 am

Gopi Periyasamy (left) recieving the 24th ibq loyalty programme award, thanq, for July from an International Bank of Qatar (ibq) official in Doha.

Turmoil makes rate hike less compelling: Dudley 27 Aug 2015 - 12:00 am

Caption NEW YORK: An interest rate hike next month seems less appropriate given the threat posed to the US economy by recent global...

Hamed Al Saadi is new Chief Financial & Tax Officer at QFC 27 Aug 2015 - 12:00 am

DOHA: The Qatar Financial Centre (QFC) has announced the appointment of Hamed Al Saadi (pictured) as its Chief Financial & Tax Officer. In...

CPC Binaa Wa Amal to host executive women meet 27 Aug 2015 - 12:00 am

Faysal Alaquil, Imelda Dunlop, Maie Binladen and Sahar Alshenawi after signing the CPC-PI agreement. Doha: Pearl Initiative, the leading independent private sector-led, not-for-profit...

Qatar stands out in corporate earnings 27 Aug 2015 - 12:00 am

DOHA: Qatar recorded the highest earnings growth in first half of 2015 (H1, 15) at 13 percent in GCC, with the rest of...

Qatari investors to boost Turkey businesses 27 Aug 2015 - 12:00 am

Turkish President Recep Tayyip Erdogan (second right) with Sheikh Dr Khalid bin Thani Al Thani (second left), Chairman of Ezdan Group Holding, Abdul...

Ministry recalls 2014-2015 models of Jeep Cherokee, Chrysler 200C 26 Aug 2015 - 05:11 pm

DOHA: The Ministry of Economy and Commerce recalled 2014-2015 models of Jeep Cherokee and Chrysler 200C to update the engine ignition and transmission...

World shares sag as China jitters persist 26 Aug 2015 - 12:37 pm

LONDON: World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy...

S Africa economy shrinks to 1.3pc 26 Aug 2015 - 12:00 am

People walking in Johannesburg inner city. South Africa’s economy shrunk in the second quarter, official statistics Pretoria: South Africa’s economy unexpectedly shrank in...

Commodity price slump hampers BHP Billiton’s annual profits 26 Aug 2015 - 12:00 am

A view of the copper/uranium/gold/silver processing plant of BHP Billiton near the Olympic Dam mine in South Australia. Sydney: Global mining giant BHP...