Business

QNB Group wins two awards 18 Nov 2014 - 12:41 am

Officials at the ceremony. Doha: QNB, ‘one of the world’s strongest banks’, has secured two prestigious recognitions at The Global Investor/ISF Middle East...

Japan’s economy slips into recession 18 Nov 2014 - 12:39 am

A man cycles past a stock market indicator board in Tokyo yesterday. Japan’s benchmark Nikkei 225 Stock Average lost 517.03 points, or 2.96...

HK-Shanghai stock link opens 18 Nov 2014 - 12:38 am

Head of the China Securities Regulatory Commission, Xiao Gang (second left) and Shanghai’s Mayor Han Zheng (centre) beat a gong during the opening...

Foreigners can trade in Saudi stocks by April 18 Nov 2014 - 12:35 am

RIYADH: Foreign institutional investors are expected to begin direct trading of Saudi Arabian stocks before April next year, the Asharq Al Awsat newspaper...

QE trading value soars to QR1.11bn 18 Nov 2014 - 12:34 am

Doha: Qatar Exchange index ended higher yesterday, up 17.96 points or 0.13 percent to close at 13,762.76 points. Trading value jumped substantially to...

Kuwait to let banks trade derivatives 18 Nov 2014 - 12:34 am

DUBAI: Kuwait’s dinar rose sharply against the US dollar in the forwards market yesterday in response to news that the Kuwaiti central bank...

Aviation to drive 37.5pc of Dubai economy: Study 18 Nov 2014 - 12:33 am

DUBAI: Aviation will account for more than a third of Dubai’s economy by 2020, a study said yesterday. Oil-poor Dubai has spent years...

Qatar Airways in financing deal 18 Nov 2014 - 12:33 am

DOHA: Qatar Airways, Qatar Aviation Lease Company and Standard Chartered, through its Aviation Finance team, Pembroke, have closed a sale and operating leaseback...

Halliburton to buy Baker Hughes for $34.6bn 18 Nov 2014 - 12:32 am

NEW YORK: Hallib-urton, the world’s second biggest oil services company, will acquire rival Baker Hughes for $34.6bn in cash and equity, the two...

Australia, China seal bumper trade deal 18 Nov 2014 - 12:32 am

SYDNEY: Australia and China sealed a landmark trade deal hailed yesterday as a “game-changer”, abolishing tariffs in the lucrative resources and agricultural sectors...

Gulftainer wins RoSPA Award 2014 17 Nov 2014 - 08:43 am

Gulftainer, the privately-owned terminal operating and logistics company, has been awarded the RoSPA Award 2014 for its commitment to occupational health and safety...

Solar plant in Chile 17 Nov 2014 - 08:39 am

A solar photovoltaic plant in Pozo Almonte, a community near Iquique, northern Chile. The plant provides 13 percent of the energy demand of...

Key Business Solutions Qatar begins operations 17 Nov 2014 - 07:32 am

DOHA: Key Business Solutions Qatar, a technology solutions provider, has launched its operations in Doha and introduced the KeyKiosk concept, a customised solution...

N-KOM wins Safety & Security Award 17 Nov 2014 - 07:31 am

Officials with the award. DOHA: Nakilat-Keppel Offshore & Marine (N-KOM) company recently received the Safety and Security Award at the inaugural edition of...

Menacom chairman receives top honour 17 Nov 2014 - 07:29 am

Doha: Joseph Ghossoub, Chairman and Chief Executive Officer of MENA Communications Group (Menacom), has been honoured with the 2014 Outstanding Contribution Award at...

Infrastructure spending continues to grow 17 Nov 2014 - 07:27 am

DOHA: Qatar’s infrastructure spending will continue to grow double digit in 2015/16. With an allocation of $24bn to key projects, the country’s infrastructure...

Iran oil minister slams producers for not cutting output 17 Nov 2014 - 07:26 am

DUBAI: Iran’s oil minister accused some countries yesterday of making up excuses to justify their refusal to stabilise prices by cutting output, a...

GCC construction sector leverages latest software to finish projects 17 Nov 2014 - 07:25 am

DOHA: The GCC construction sector is leveraging advanced construction software to deliver on its $1.3 trillion value, industry experts announced yesterday in Dubai....