Business

FDI in Qatar touches QR111.8bn 03 Mar 2015 - 12:35 am

DOHA: The size of foreign direct investment (FDI) inflow to Qatar has touched QR111.8bn at the end of 2012, a 1.2 percent increase...

Bill Gates tops Forbes rich list, Michael Jordan joins 03 Mar 2015 - 12:31 am

New York: Bill Gates stands atop Forbes magazine’s annual list of the world’s richest people, as Facebook Inc’s Mark Zuckerberg joined the top...

Bill Gates tops Forbes rich list, Michael Jordan joins 03 Mar 2015 - 12:31 am

New York: Bill Gates stands atop Forbes magazine’s annual list of the world’s richest people, as Facebook Inc’s Mark Zuckerberg joined the top...

Low oil prices to weigh on banking sector 03 Mar 2015 - 12:30 am

DOHA: The significant drop in oil prices could lead to higher credit losses and lower liquidity for banking systems in Qatar. Exposure to...

Oil tumbles, Brent down more than 5pc 03 Mar 2015 - 12:30 am

NEW YORK: Brent oil was on track for its sharpest loss in a month, falling 5 percent in the afternoon trade, and US...

Qatar stock index edges up 0.04pc 03 Mar 2015 - 12:28 am

Doha: Qatar Stock Exchange index closed slightly higher by 5 points, or 0.04 percent, when it closed yesterday at 12,450.34 points from the...

Entrepreneurship key to development 03 Mar 2015 - 12:28 am

DOHA: The Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim Al Thani said yesterday that entrepreneurship will play an important...

Salman Al Muhannadi is Group CEO of Barwa 03 Mar 2015 - 12:27 am

DOHA: Barwa Real Estate Group announced the appointment of Salman Mohamad Ahmad Al Hasan Al Muhannadi as its CEO. Salman Al Muhannadi has...

Doha Bank introduces first Tablet banking 03 Mar 2015 - 12:27 am

DOHA: Doha Bank announced yesterday another innovation in the banking industry to enhance customers’ experience with a digitised account opening solution, another proud...

Doha to Host BADEA Board of Directors Meeting on Wednesday 02 Mar 2015 - 07:00 pm

DOHA: Doha will host on Wednesday the first meeting of the Board of Directors of the Arab Bank for Economic Development in Africa...

Nasdaq tops 5,000 for the first time in 15 years 02 Mar 2015 - 06:51 pm

New York,--The Nasdaq Composite Index bolted above 5,000 for the first time in 15 years Monday, recovering nearly all the ground since the...

Hewlett-Packard buys networking firm Aruba for $2.7 bn 02 Mar 2015 - 06:07 pm

New York--US computer giant Hewlett-Packard said Monday it was buying mobile networking group Aruba Networks for some $2.7 billion. The tie-up between the...

US stocks rise on merger news 02 Mar 2015 - 05:48 pm

New York--Wall Street stocks opened mostly higher Monday following merger announcements as some European bourses hit new records. Five minutes into trade, the...

US consumer spending, incomes rise; inflation slumps 02 Mar 2015 - 05:44 pm

Washington--US consumer spending and incomes rose in January as a decline in consumer prices picked up speed, Commerce Department data released Monday showed....

European stocks hit new records as ECB stimulus looms 02 Mar 2015 - 04:49 pm

London--The British and German stock markets hit record peaks Monday on hopes that eurozone quantitative easing stimulus, due to be outlined later this...

Tokyo stocks open 0.38% higher 02 Mar 2015 - 01:31 pm

Tokyo---Tokyo stocks opened 0.38 percent higher on Monday after the yen dropped against the dollar in a boost for Japanese exporters. The Nikkei...

Asian markets rise after China rate cut, US data 02 Mar 2015 - 10:50 am

Hong Kong--Asian markets rose Monday after China at the weekend cut interest rates for the second time since November, while better-than-forecast US economic...

China manufacturing improves in February: HSBC 02 Mar 2015 - 10:30 am

Beijing--China's manufacturing activity in February improved more than initially thought, HSBC said Monday, but weakening foreign demand and declining prices signalled the world's...