Business

Malabar Gold’s new outlet in Dubai 17 Dec 2014 - 12:19 am

Malabar Gold & Diamonds will open its 123rd outlet in Dubai at Gold Souk, Deira, on December 20. The showroom will be inaugurated...

Morocco to sell stake in Marsa Maroc 17 Dec 2014 - 12:17 am

RABAT: Morocco’s government launched a tender yesterday seeking advisers for the sale of a minority stake in state-owned port operator Marsa Maroc via...

Central bank cuts rate to 2.5pc 17 Dec 2014 - 12:17 am

RABAT: Morocco’s central bank cut its benchmark interest rate yesterday to 2.5 percent from 2.75 percent, the second rate cut in three months...

THE TORCH DOHA wins global luxury design award 17 Dec 2014 - 12:16 am

Doha: THE TORCH DOHA has been recognised as the global winner in the “Luxury Design Hotel” category at the eight annual World Luxury...

Hitachi, ABB in JV to market transmission equipment 17 Dec 2014 - 12:16 am

TOKYO: Japan’s Hitachi and Swiss engineering giant ABB said they will set up a joint venture to market power transmission equipment in Japan,...

China cements new mega export corridor into Europe 17 Dec 2014 - 12:16 am

BELGRADE: Chinese Prime Minister Li Keqiang met 16 central and eastern European leaders yesterday in a summit to cement Beijing’s plans for a...

Ezdan to raise non-Qatari ownership up to 49pc 16 Dec 2014 - 12:41 am

Ezdan Holding Group Chairman Sheikh Dr Khalid bin Thani bin Abdullah Al Thani addressing the extraordinary general assembly meeting of the company yesterday....

QE index gains 3.11pc as oil slide pauses for a while 16 Dec 2014 - 12:39 am

By Satish Kanady DOHA: Qatari bourse broke its three-day slide yesterday and bounced back gaining 3.11 percent on oil recovery and Qatar’s strong...

Alibaba’s China call irks Taiwan youth 16 Dec 2014 - 12:38 am

Jack Ma, the founder of the Alibaba group, speaks during the 2014 Cross-Strait CEO Summit in Taipei yesterday. TAIPEI: Anti-Beijing protesters chanted outside...

Strike hits Amazon as festive orders peak 16 Dec 2014 - 12:35 am

BERLIN: More than 2,000 Amazon staff at German warehouses went on strike yesterday to press demands for better pay and conditions as the...

European Commissioner in Greece 16 Dec 2014 - 12:34 am

European Commissioner for Economics, Taxation and Customs Pierre Moscovici (front right) and Greece’s Finance Minister Gikas Hardouvelis (front left) exit the Maximos mansion...

Finance meet in Ottawa 16 Dec 2014 - 12:33 am

Canada’s Finance Minister Joe Oliver (right) and Bank of Canada Governor Stephen Poloz attend a meeting with provincial and territorial finance ministers in...

Accor, China Lodging in pact 16 Dec 2014 - 12:33 am

Huazhu Hotels Group Ltd Founder and CEO Qi Ji (left) and French hotel operator Accor CEO Sebastien Bazin in Paris yesterday. Accor announced...

Insurance is fast-growing sector on Qatar Exchange 16 Dec 2014 - 12:25 am

DOHA: Among the seven sector indices on Qatar Exchange (QE), the fastest-appreciating sector is insurance. Though the five-stock insurance sector represents just 3.1...

Mixed closing in Gulf markets 16 Dec 2014 - 12:23 am

DUBAI: Most Middle East stock markets became more stable yesterday, after plunging in previous days, as the price of oil recovered slightly. But...

Barwa wins QR750m contract from Manateq 16 Dec 2014 - 12:23 am

DOHA: Barwa Real Estate said it has won a QR750m contract from Manateq to build, operate and transfer (BOT) low-cost warehouses. Manateq (Economic...

Rouble tumbles past 60 per dollar on oil slump 16 Dec 2014 - 12:22 am

MOSCOW: The rouble tumbled past 60 for the first time yesterday as traders tested Russia’s willingness to defend the currency amid an oil...

Women leaders debate financial career issues 16 Dec 2014 - 12:21 am

DOHA: The challenges facing women who wish to pursue a career in finance and accounting in Qatar were debated by a senior panel...