Business

Belgian trade delegation to visit Doha 19 Mar 2015 - 01:36 am

From left: The Economic & Commercial Attache Charlotte Struye; Director General of Belgian Foreign Trade Agency (BFTA), Marc Bogaerts; Ambassador Christophe Payot; and...

Milaha to increase foreign ownership 19 Mar 2015 - 01:35 am

Chairman Sheikh Ali bin Jassim bin Mohammad Al Thani (centre), Vice Chairman Sheikh Khaled bin Khalifa Al Thani (left) and Board member Sheikh...

Mannai gets CIMA Premier Partner Accreditation 19 Mar 2015 - 01:32 am

Officials of Mannai and CIMA Doha: Mannai Corporation, one of the largest conglomerate companies in Qatar, has become the first organisation in the...

Fitch raises QIIB’s credit rating to ‘A +’ from ‘A’ 19 Mar 2015 - 01:31 am

DOHA: Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) of International Islamic (QIIB) to ‘A+’ from ‘A’. The outlook on QIIB’s...

Only half of world’s adults have bank accounts, region better 19 Mar 2015 - 01:29 am

The Founding Dean of Qatar Faculty of Islamic Studies (QFIS), Dr Hatem El Karanshawi (centre), Professor and Director, Center for Islamic Economics and...

Lufthansa grounds 750 flights as pilots strike 19 Mar 2015 - 01:09 am

Frankfurt: German airline Lufthansa cancelled around 750 short- and medium-haul flights yesterday, hitting tens of thousands of passengers, as pilots staged fresh strike...

Tourism adds $7.6bn to Qatar’s economy 19 Mar 2015 - 01:08 am

Qatar Airways pavilion at ATM 2015. Doha: Arabian Travel Market’s 2015 roadshow series arrived in Qatar yesterday to meet with key industry players...

LG G3 Best Smartphone of the Year 19 Mar 2015 - 01:07 am

BARCELONA: The LG G3 smartphone from LG Electronics (LG) was named Best Smartphone of the Year by the GSMA at the Global Mobile...

Khalefa Al Mesalam appointed as QIB Human Capital Group head 19 Mar 2015 - 01:06 am

Doha: Qatar Islamic Bank (QIB) has promoted Khalefa Saif Al Mesalam as new Head of Human Capital. Al Mesalam had already been working...

Qatar won’t review currency peg 19 Mar 2015 - 12:16 am

GCC Central Bank Governors during the meeting. DOHA: Qatar remains fully committed to its currency peg to the US dollar and is not...

Qatari stocks tumble on fresh oil drop 19 Mar 2015 - 12:15 am

By Satish Kanady DOHA: Qatari stock market took a nosedive yesterday, after US crude futures slipped and Brent edged down. The Qatar Exchange...

EU unveils clampdown on tax avoidance after LuxLeaks 18 Mar 2015 - 07:03 pm

Brussels--The EU intensified efforts to fight rampant tax avoidance by multinationals on Wednesday in its first major effort to counter the LuxLeaks scandal...

US stocks drop ahead of Fed statement; oil shares fall 18 Mar 2015 - 05:50 pm

New York--US stocks fell in early trade Wednesday with petroleum stocks sagging on weak oil prices as investors looked ahead to the Federal...

Markets on edge for Fed plans on rate hike 18 Mar 2015 - 05:43 pm

Washington--Currency and bond markets were on edge Wednesday ahead of the outcome of the Federal Reserve's policy meeting, expected to make clearer plans...

Swedish central bank cuts key rate further below zero 18 Mar 2015 - 05:28 pm

Stockholm--Sweden's central bank took its key interest rate further into negative territory Wednesday in a surprise move aimed at supporting a return to...

ExxonMobil demands millions in back taxes from Russia 18 Mar 2015 - 05:09 pm

Moscow--United States oil and gas giant ExxonMobil is demanding millions of euros in back taxes from Moscow that it believes it overpaid on...

S. Africa inflation drops to four-year low 18 Mar 2015 - 04:26 pm

Johannesburg--South Africa's annual inflation rate hit a four-year low of 3.9 percent in February, figures showed Wednesday, though analysts predicted an imminent rise...

OECD says Fed should hold off on US interest rate hike 18 Mar 2015 - 03:26 pm

Paris--The OECD said Wednesday that the Federal Reserve should hold back from quickly raising interest rates, as the US central bank was holding...