Business

Qatar stock index drops 289.51 points; market cap shrinks QR14bn 20 Aug 2015 - 06:07 pm

DOHA: Amid uncertainties in major global markets, Qatar Stock Exchange (QSE) index today tumbled 289.51 points, or 2.49 percent, wiping out nearly QR14bn...

Gold hits 5-week high on lesser U.S. Sept rate hike chance 20 Aug 2015 - 04:27 pm

LONDON: Gold hit its highest in nearly five weeks on Thursday as the dollar eased after meeting minutes from the U.S. Federal Reserve...

Cathay Pacific H1 profit up nearly six-fold 20 Aug 2015 - 12:00 am

John Slosar, chairman of Cathay Pacific, speaks during a news conference on the company’s interim results in Hong Kong, yesterday. Hong Kong: Hong...

Germany, Netherlands back bailout 20 Aug 2015 - 12:00 am

German Chancellor Angela Merkel (right) talks with German Vice-Chancellor, Economy and Energy Minister Sigmar Gabriel during a debate on Greece bailout at German...

Google unveils WiFi router business 20 Aug 2015 - 12:00 am

A statue of ‘Android Marshmallow’, at Google headquarters in California. Google unveiled the nickname for its next version of the Android operating system...

Brazilian exports to Qatar grow by 28.89pc 20 Aug 2015 - 12:00 am

Dr. Michel Alaby, Secretary General and CEO of the Arab-Brazilian Chamb... DOHA: Brazil exported $5.79bn worth of products to the region during the...

Hochtief ViCon bags key Qatar BIM deals 20 Aug 2015 - 12:00 am

DOHA: Hochtief ViCon, one of the leading service providers in the field of virtual construction and Building Information Modeling (BIM), has been awarded...

Siemens gets $520m Kahramaa order 20 Aug 2015 - 12:00 am

DOHA: Siemens, the global technology powerhouse, has won a €470m ($519.9m) deal from Qatar General Water & Electricity Corporation (Kahramaa). As part of...

Emerging markets rocky, dollar dips before Fed minutes 19 Aug 2015 - 03:21 pm

A man walks past a display showing stock prices in Tokyo August 12, 2015. LONDON: Fears about China's economy kept emerging markets under...

German parliament backs third Greek bailout package 19 Aug 2015 - 01:49 pm

German Finance Minister Wolfgang Schaeuble (C) addresses a session of Germany's parliament, the Bundestag, in Berlin, Germany, August 19, 2015, prior to a...

US housing starts near eight-year high 19 Aug 2015 - 12:00 am

A new home building project is pictured in San Marcos, California. WASHINGTON: US housing starts rose to a near eight-year high in July...

Brookfield to use $6.6bn Asciano deal for growth 19 Aug 2015 - 12:00 am

Brookfield Infrastructure Chief Executive Sam Pollock (right) with Asciano Ltd CEO John Mullen after a media conference in Sydney yesterday. Sydney: Canada’s Brookfield...

Indonesia central bank holds rates, stands guard on outflows 19 Aug 2015 - 12:00 am

Buildings under construction are seen from Sunda Kelapa traditional port in Jakarta yesterday as the central bank kept its key policy rate unchanged. ...

Greece gets first privatisation under Syriza 19 Aug 2015 - 12:00 am

A view of the International Airport of Thessaloniki “Makedonia”. Athens: Greece’s radical left Syriza government yesterday approved its first privatisation granting a concession...

Credit to private sector up QR14.2bn 19 Aug 2015 - 12:00 am

DOHA: The Qatar banks’ assets (and liabilities) have increased by QR42.1bn, up 4.1 percent to QR1.06 trillion in June 2015 from QR1.02 trillion...

Qatar stock index drops 64.19 points 18 Aug 2015 - 06:47 pm

DOHA: Qatar Stock Exchange (QSE) index dropped 64.19 points, or 0.55 percent, when the bourse closed trading at 11,670.50 points Tuesday. The daily...

New IKEA catalogue with 1,500 new products launched in Qatar 18 Aug 2015 - 05:16 pm

DOHA: IKEA, the Swedish furniture retailer, a member of Al-Futtaim group of companies, today launched its annual catalogue with some 1,500 new products....