Business

Nigeria plans lower oil price for budget 17 Nov 2014 - 07:25 am

ABUJA: Nigeria’s finance minister has proposed lowering the assumed benchmark oil price for the country’s 2015 budget to $73 per barrel from the...

20 winners in QIB-MasterCard exclusive summer offer 17 Nov 2014 - 07:25 am

DOHA: Qatar Islamic Bank (QIB) together with MasterCard have announced that 20 of their joint customers have won back the value of their...

Kuwait cabinet calls for steps to address oil price slide 17 Nov 2014 - 07:24 am

DUBAI: Kuwait’s cabinet called for practical steps to address the slide in oil prices yesterday at a special session convened to examine weakening...

GCC chemicals exports to China on rise 17 Nov 2014 - 07:24 am

DOHA: The GCC countries exported 39.5 million tonnes of chemicals to Asia last year, with China accounting for the largest share, according to...

QTA plans slew of exhibits at EIBTM 17 Nov 2014 - 07:24 am

DOHA: Qatar is set to boost its status as a major player in the international MICE industry by attending the EIBTM - the...

Pakistan slashes basic interest rate 17 Nov 2014 - 07:23 am

KARACHI: Pakistan yesterday slashed its primary interest rate by half a percentage point on the back of receding inflation, improving economic indicators at...

Qatar Airways Cargo wins top award 17 Nov 2014 - 07:23 am

DOHA: Qatar Airways Cargo has won the ‘Rising Star Carrier of the Year’ award at the 2014 Payload Asia awards in the Industry...

Doha to host Middle East Methanol Forum 17 Nov 2014 - 07:23 am

DOHA: The rapidly growing importance of methanol for the production of thousands of goods that people use on a daily basis will be...

Qatar bourse index edges up, market cap rises 17 Nov 2014 - 07:23 am

Doha: Qatar Exchange index closed higher yesterday, up 15.02 points or 0.11 percent to 13,744.80 points. The trading value dropped QR627.94m from QR666.4m...

QNB offers zero-fee money transfer through Western Union 17 Nov 2014 - 07:21 am

DOHA: Qatar National Bank (QNB) in cooperation with Western Union have launched a rewarding campaign for its customers that allows them to send...

UBS may cancel bonuses for forex traders 17 Nov 2014 - 07:20 am

GENEVA: Banking giant UBS, one of six banks fined this week for attempting to manipulate foreign exchange markets, confirmed on Saturday that it...

Petrobras scandal may change Brazil forever, says Rousseff 17 Nov 2014 - 07:20 am

SAO PAULO: A widening corruption scandal at state-run oil company Petroleo Brasileiro SA may change the country forever, Brazilian President Dilma Rousseff said...

Weekly Commodity Update: Energy sector suffers another horrendous week 17 Nov 2014 - 07:16 am

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) The energy sector remains under siege from sellers and over this past week...

G20 pledges lift Green Climate Fund towards $10 billion UN goal 17 Nov 2014 - 04:38 am

from right: Germany’s Chancellor Angela Merkel, Britain’s Prime Minister David Cameron, US President Barack Obama and President of France Francois Hollande attend the...

Qatari Diar opens $1.5bn City Center DC project 16 Nov 2014 - 12:53 am

The Minister of Finance H E Ali Sherif Al Emadi and other officials pose for a group picture. DOHA: Qatari Diar Real Estate...

Barwa appoints consultant for Motor City project 16 Nov 2014 - 12:51 am

Eng Ahmad Abdulla Al Abdulla and Eng Ibrahim Al Jaidah exchanging documents after signing the agreement. Doha: Barwa Real Estate Group officially appointed...

Searching for diamonds in Sub-Saharan Africa 16 Nov 2014 - 12:49 am

Doha: Sub-Saharan Africa (SSA) presents a new frontier for the global investor, but political and economic risks abound, says QNB Group. Differentiating between...

EMRQ develops new technologies to enhance LNG safety 16 Nov 2014 - 12:48 am

One of the technologies developed by ExxonMobil Research Qatar. DOHA: ExxonMobil Research Qatar (EMRQ) filed five new patent applications in 2014 registering new...