Business

German House backs Greek bailout despite rebellion 18 Jul 2015 - 04:59 am

BERLIN: German lawmakers gave their go ahead yesterday for the eurozone to negotiate a third bailout for Greece, heeding a warning from Chancellor...

Oil prices rebound 16 Jul 2015 - 05:20 pm

LONDON: Oil prices rebounded Thursday after a sharp decline the day before as traders tried to get a handle on the full implications...

Germany expects first trance of Greek bridge financing this month - budget expert 16 Jul 2015 - 04:53 pm

BERLIN: Finance Minister Wolfgang Schaeuble told the German parliament's budget committee that the first part of bridge financing for Greece, some 7 billion...

Germany's Schaeuble casts doubt on chance of Greek bailout success 16 Jul 2015 - 04:46 pm

German Finance Minister Wolfgang Schaeuble attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, July 15, 2015. BERLIN: German Finance Minister...

Qatar Exchange index gains 128.72 points this week 16 Jul 2015 - 04:42 pm

DOHA: Qatar Exchange index gained 128.72 points, or 1.08 percent this week when the bourse closed Thursday afternoon at 12,009.54 points. Trading value...

ECB to delay Greek funding boost as Europe mulls bridge loan 16 Jul 2015 - 04:13 pm

European Central Bank president Mario Draghi (L) addresses a news conference after a monetary policy meeting at the ECB headquarters in Frankfurt, Germany,...

Greece licks wounds after bailout vote, ECB move expected 16 Jul 2015 - 11:31 am

Greek PM Tsipras reacts during a parliamentary session in Athens ATHENS: Greece awoke with a political hangover on Thursday after parliament approved a...

Asian firms look to post-sanctions Iran for demand growth 16 Jul 2015 - 10:46 am

Storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore. A day after a nuclear deal was finally reached with Iran investors...

No backdoor haircut: Germany 16 Jul 2015 - 10:40 am

Former Greek Finance Minister Yanis Varoufakis (centre) attends a ruling Syriza party parliamentary group session in Athens, Greece, yesterday. BERLIN: Germany could consider...

Qatari bourse index adds 56.28 points 16 Jul 2015 - 10:39 am

Doha: Qatar Exchange index gained 56.28 points, or 0.47 percent, when the bourse closed yesterday at 12,020.73 points. The market capitalisation increased to...

Woqod H1 net profit reaches QR540.9m 16 Jul 2015 - 10:38 am

DOHA: Qatar Fuel (Woqod) posted a net profit of QR540.9m for the first half of 2015 (H1, 15), up QR10.9m or two percent...

Strong fundamentals to push Qatar forward: QIF 16 Jul 2015 - 01:33 am

By Satish Kanady DOHA: Driven by strong fundamentals, Qatari market will continue to perform well. The government will continue with its infrastructure spending ...

Qatar stock index rises 56.28 points 15 Jul 2015 - 04:45 pm

DOHA: Qatar Stock Exchange (QSE) index gained 56.28 points, or 0.47 percent when the bourse closed Wednesday at 12,020.73 points. The market capitalisation...

Ministry of Economy recalls 2013 models of Toyota FJ Cruiser 15 Jul 2015 - 02:34 pm

DOHA: The Ministry of Economy and Commerce has recalled the 2013 models of Toyota FJ Cruiser due to a defect in the steering...

IMF calls for Greece debt relief ahead of bailout vote 15 Jul 2015 - 02:17 pm

ATHENS/BRUSSELS: An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing...

QIIB posts QR438m profit 15 Jul 2015 - 02:16 am

Sheikh Abdullah bin Thani bin Abdullah Al Thani and Abdulbasit Ahmed Al Shaibei DOHA: Qatar’s leading Islamic bank QIIB has announced a net...

Qatar Islamic Bank’s six month profit rises by 23 percent 15 Jul 2015 - 02:13 am

DOHA: Qatar Islamic Bank (QIB)’s net profit attributable to the shareholders of the bank touched QR895m for the six months period ended 30th...

Qatargas issues sustainability report 15 Jul 2015 - 02:13 am

Doha: Qatargas has issued its 2014 Sustainability Report, covering the company’s economic, environmental and social performance. The report, which is the fifth Sustainability...