Business

Oil extends slide as traders seek fresh leads on Opec 19 Nov 2014 - 03:51 am

NEW YORK: Oil extended its slide yesterday as traders looked beyond price defence attempts by Russia and Venezuela and toward Saudi Arabia and...

Repsol begins controversial oil search in Canary Islands 19 Nov 2014 - 03:51 am

MADRID: Spanish energy firm Repsol began searching for oil yesterday in the waters off the Canary Islands, a top holiday destination, despite objections...

European car sales recovery vulnerable 19 Nov 2014 - 03:51 am

BERLIN: European new car sales rose 6.2 percent in October, extending their recent recovery as demand in previously recession-hit southern countries was boosted...

Offshore Middle East meet from January 26 19 Nov 2014 - 03:50 am

DOHA: The fifth edition of ‘Offshore Middle East Conference and Exhibition’ will be held here from January 26 to 28, 2015 under the...

IBQ wins Straight Through Processing award 19 Nov 2014 - 03:50 am

DOHA: International Bank of Qatar (ibq) has won the Commerzbank “Straight Through Processing (STP) award for the fourth year running in recognition for...

Best Customer Service Bank honour for Mashreq 19 Nov 2014 - 03:49 am

Doha: Mashreq Qatar won the ‘Best Customer Service Bank’ in the Global Banking and Finance Review Awards 2014, a press release issued by...

Quindell chairman steps down 19 Nov 2014 - 03:49 am

London: The founder and chairman of Quindell Plc resigned yesterday after a tumultuous few months during which the British IT outsourcing firm has...

Europe market, euro race high on German data 19 Nov 2014 - 03:48 am

LONDON: News of rebounding German investor sentiment sent European stock markets and the euro racing higher yesterday, dealers said. London’s benchmark FTSE 100...

EasyJet says positioned for more growth 19 Nov 2014 - 03:48 am

LONDON: British low-cost airline easyJet shrugged off concerns about an increasingly competitive European travel market, saying it was positioned to deliver further growth...

Banking sector pushes QE up by 46.68 points 19 Nov 2014 - 03:48 am

Doha: Qatar Exchange index gained 46.68 points, or 0.34 percent, when the bourse closed at 13,809.44 points yesterday. Trading value dropped to QR815.773m...

Aramco oil to grow to 900bn barrels 19 Nov 2014 - 03:48 am

MOSCOW: State oil giant Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current 790 billion...

RBI governor wants focus on sustainable growth 19 Nov 2014 - 03:47 am

PORT LOUIS: India will focus on sustainable economic growth and developed economies should do the same, central bank Governor Raghuram Rajan said yesterday....

Abraaj gets nod for Bisco Misr acquisition 19 Nov 2014 - 03:47 am

CAIRO: UAE-based Abraaj Investment Management has won regulatory clearance for its 850m Egyptian pound ($119 m) offer for Bisco Misr, one of Egypt’s...

Globalisation of yuan bodes well for Qatar: Expert 19 Nov 2014 - 03:00 am

Abdul Hakeem Mostafawi,(left) CEO, HSBC Qatar, and Georges Elhedery, Head of Global Banking and Markets for the Middle-East and North-Africa region for HSBC,...

SMEs to play key role in creating new markets 18 Nov 2014 - 12:53 am

H E Sheikh Ahmed bin Jassim Al Thani, Minister of Economy and Commerce, addressing Global Entrepreneurship Week-Qatar yesterday. Ibrahim RO DOHA: H E...

Oil prices fall after rebound 18 Nov 2014 - 12:50 am

LONDON: Oil futures fell yesterday after a brief rebound before the weekend, as the market focused firmly on whether Opec is likely to...

Al Asmakh announces launch of ‘Pavilion’ 18 Nov 2014 - 12:48 am

Al Asmakh Real Estate Development Co Deputy General Manager Khalid Yassin (fourth left) speaking during the launch event of its new project ‘Pavilion’...

Moroccan trade team meets Qatari businessmen 18 Nov 2014 - 12:45 am

Doha: The Minister delegate to the Moroccan Minister of Industry, Trade, Investment and the Digital Economy, in Charge of Foreign Trade Mohamed Abbou...