Business

Qatar bourse plans rights issue trading 30 Mar 2015 - 05:16 am

DOHA: Qatar Exchange (QE) has announced its plans to allow investors to trade rights to share issues, which would let them profit from...

Qatar bourse index gains 77.65 points 30 Mar 2015 - 05:15 am

Doha: Qatar Exchange (QE) index gained 77.65 points or 0.68 percent when the bourse closed trading at 11,488.41 points yesterday. The market capitalisation...

Qatar's GDP Estimated at QR 194.40 Billion 29 Mar 2015 - 06:42 pm

DOHA: The nominal GVA estimate of Non-Mining and Quarrying sectors in the Q4, 2014 has been placed at 100.12 Bn QR, which shows...

Swiss Dufry to buy Italy's WDF to create duty free giant 29 Mar 2015 - 05:06 pm

Geneva--Switzerland's Dufry group will acquire majority stake in chief rival World Duty Free (WDF) in a $3.8 billion (3.6-million-euro) deal to create the...

Vietnam rice boom pressures environment 29 Mar 2015 - 12:04 pm

Can Tho, Vietnam---Rice farmer Nguyen Hien Thien is so busy growing his crops that he has never even visited Can Tho, a town...

Ruble bounces back 29 Mar 2015 - 11:55 am

Moscow---It's been a torrid time of late for the Russian economy as the fallout from Ukraine and tumbling oil prices have plunged the...

Australia to join China-led bank 29 Mar 2015 - 10:08 am

Sydney---Australia said it will sign an agreement to become a prospective founding member of a China-backed infrastructure bank, but continued to express concerns...

Philippine Airlines purchases Airbus jets 29 Mar 2015 - 09:15 am

Manila---The Philippines' struggling flag carrier said Sunday it has purchased an additional two Airbus jets as part of its re-fleeting program. The two...

QIIC targets 10-15pc premium growth 29 Mar 2015 - 01:42 am

BY SACHIN KUMAR DOHA: Qatar Islamic Insurance Company (QIIC) is aiming to achieve 10-15 percent growth in insurance premium in the current year...

QE’s new REITs to be attractive 29 Mar 2015 - 01:40 am

By Satish Kanady DOHA: The Qatar Exchange’s (QE) soon-to-be-launched Real Estate Investment Trust, or REITs, can be very attractive investment vehicles for investors...

Indian economy is brightest spot in Asia: QNB 29 Mar 2015 - 01:39 am

Doha: Notwithstanding the weak start for the global economy, Asian economies are expected to continue to grow rapidly in 2015, QNB said in...

Fed weighs rate hike this year, says Yellen 29 Mar 2015 - 01:38 am

US Federal Reserve Chair Janet Yellen (left) speaks at the Federal Reserve in San Francisco. San Francisco: The Federal Reserve is considering raising...

Qatari firms, Chinese petrochem giant in deal 29 Mar 2015 - 01:36 am

DOHA: Suhaim Bin Hamad Enterprise Group and Qattra Investment and Development Group (QID) have entered into a partnership in transaction with the Chinese...

Contribution of SMEs to economy touches 16pc 29 Mar 2015 - 01:36 am

DOHA: The government’s decision to merge Enterprise Qatar (EQ) with Qatar Development Bank (QDB) to further strengthen the private sector business activities has...

Japan inflation stalls in February 29 Mar 2015 - 01:35 am

Tokyo: Japanese inflation stalled in February with a key measure of prices flat for the first time in nearly two years, data showed,...

China should not focus on growth rate only: Xi 29 Mar 2015 - 01:34 am

Beijing: Chinese President Xi Jinping said that the country should not focus on its economic growth rate only, reiterating China’s push for a...

Brazil uncovers multibillion-dollar tax fraud at finance ministry 29 Mar 2015 - 01:32 am

A man walks in front of the Banco Safra SA headquarter in Sao Paulo. Brazilian authorities said they uncovered a tax fraud scheme...

Fitch cuts Greece's rating 28 Mar 2015 - 10:05 pm

Washington---Ratings firm Fitch cut Greece's credit rating Friday amid worries that the eurozone country is running perilously close to defaulting on its sovereign...