Business

Squire Patton Boggs appoints new French law specialist 03 Nov 2014 - 12:05 am

DOHA: Squire Patton Boggs has hired corporate law specialist Arnaud Montouché as an associate in its Doha office. M Montouché, who is licensed...

ECB set to sit tight on interest rates 03 Nov 2014 - 12:05 am

FRANKFURT: The European Central Bank is likely to hold fire on new policy moves on Thursday and leave a series of radical recent...

Jordan’s Q3 unemployment rate at 11.4pc 03 Nov 2014 - 12:04 am

Amman: The unemployment rate in Jordan for the third quarter of 2014 stood at 11.4 percent, according to the Department of Statistics. It...

South Korea exports hit on weak yen, but no remedy planned 03 Nov 2014 - 12:04 am

SEOUL: South Korea expressed its concern yesterday about the possible impact on its export industries from the yen’s renewed weakness but stopped short...

Cash reserves of big Korean firms top 125 trn won 03 Nov 2014 - 12:04 am

Seoul: The combined cash reserves of South Korea’s top 10 conglomerates has reached over 125 trillion won about ($117bn), a market observer reported...

Weekly Commodity Update: Bigger risk appetite rubs shine off precious metals 02 Nov 2014 - 10:00 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global stocks continue to recover from their early October sell-off while the dollar...

QFMA issues strict rules for board of directors 02 Nov 2014 - 12:48 am

DOHA: Qatar Financial Markets Authority (QFMA) recently issued rules to regulate the functioning of Board of Directors (BoD) of listed companies on Qatar...

Qatar’s IT spending to clock 10pc growth 02 Nov 2014 - 12:45 am

BY SACHIN KUMAR DOHA: The Information Technology sector of Qatar is likely to clock a healthy growth of around 9-10 percent in the...

Infiniti sales up 30pc in Middle East in H1 02 Nov 2014 - 12:43 am

Infiniti Middle East Managing Director Juergen Schmitz with Q50 model. Doha: Infiniti has become the fastest growing premium car brand in the Middle...

Qatar’s IT spending to clock 15pc growth 02 Nov 2014 - 12:41 am

BY SACHIN KUMAR DOHA: The Information Technology sector of Qatar is likely to clock a healthy growth of around 14-15 percent in the...

Qatargas bags Arabia CSR award 02 Nov 2014 - 12:40 am

Qatargas Public Relations Manager Mansour Rashid Al Naimi receiving the award. DOHA: Qatargas has bagged the first prize in the ‘Large Size Enterprise’...

Gulf nations can absorb impact of QE, says QNB 02 Nov 2014 - 12:39 am

Doha: The US Federal Reserve (Fed) decided in its latest meeting on Wednesday to draw the curtains on one of the most remarkable...

Harrods pays £118m dividend to Qatar Holding 02 Nov 2014 - 12:34 am

DOHA/LONDON: Harrods, the London-based famous upmarket department store, has paid a £118m (about QR686.6m) dividend to its owners, Qatar Holding, after witnessing a...

Apple Pay fails to unify fragmented market 01 Nov 2014 - 11:57 pm

WASHINGTON: Apple Pay, meant to inject momentum into a fragmented market for the emerging mobile payments sector, has instead highlighted the squabbles between...

Al Khaliji gets Best Private Bank award 01 Nov 2014 - 11:57 pm

Doha: Al Khalij Commercial Bank (al khaliji) has been announced as the Best Private Bank in Qatar by the 2014 Global Private Banking...

Foreign firms to enter China’s card market 01 Nov 2014 - 11:36 pm

HONG KONG: Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong’s South...

Comcast spin-off set to list on Nasdaq in 2015 01 Nov 2014 - 11:36 pm

New York: Midwest Cable, the cable company to be spun off from Comcast Corp after it buys Time Warner Cable, said it would...

US consumer spending falls after eight months 01 Nov 2014 - 11:36 pm

WASHINGTON: US consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the...