Business

Egypt imposes tariffs to protect steel sector 15 Oct 2014 - 06:45 am

CAIRO: Egypt has imposed temporary tariffs to protect domestic steel rebar manufacturers from cheap foreign imports amid a long-running local energy crunch that...

Masraf Al Rayan’s call for shareholders 15 Oct 2014 - 06:45 am

Doha: On its quest to protect the interest of shareholders who have not received their dividend payments, and in compliance with the instructions...

Global wealth soars to $263 trillion 15 Oct 2014 - 06:44 am

GENEVA: Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also...

Indonesia GDP to fall to 4.5pc in 2015: QNB 15 Oct 2014 - 06:43 am

Doha: The real GDP growth of Indonesia is to slow further from 5.1 percent in 2014 to 4.5 percent in 2015 as the...

British inflation slows to five-year low 15 Oct 2014 - 06:43 am

LONDON: Britain’s inflation slowed to a five-year low in September, official data showed yesterday, dimming prospects of a hike to British interest rates...

DLF faces tough choices after fund-raising ban 15 Oct 2014 - 06:42 am

NEW DELHI/MUMBAI: DLF Ltd will be forced to sell assets, even unfinished projects, to meet debt obligations, say bankers, after India’s biggest property...

India wholesale inflation tumbles to 5-year low 15 Oct 2014 - 06:42 am

NEW DELHI: India posted better inflation data for a second straight day yesterday, stirring hopes it is making headway in taming prices and...

Citi profits up as it exits 11 consumer bank markets 15 Oct 2014 - 06:42 am

NEW YORK: Citigroup yesterday reported higher third-quarter quarterly earnings on a big jump in revenues as it unveiled plans to exit consumer banking...

Islamic banks in Qatar continue to grow faster 14 Oct 2014 - 12:23 am

DOHA: The Islamic banks in Qatar will continue to grow faster than their conventional peers in the next couple of years. The credit...

Qatar bourse to review index model 14 Oct 2014 - 12:22 am

DOHA: The Qatar Exchange (QE) will review its existing index methodology applied to QE indices. In case the bourse decides to restructure the...

Qatar Rail discusses strategic direction 14 Oct 2014 - 12:19 am

Qatar Rail leadership team at the town hall meeting in Doha. DOHA: Qatar Railways Company’s (Qatar Rail) Leadership team discussed the company’s corporate...

QDB holds workshop on financing SMEs 14 Oct 2014 - 12:10 am

Official addressing the workshop. DOHA: Qatar Development Bank (QDB) recently hosted its quarterly workshop with partner banks of its Al Dhameen indirect lending...

Total installs advanced LIPS 14 Oct 2014 - 12:09 am

Total Research Centre Qatar at the Qatar Science and Technology Park. Doha: Total has installed advanced LIPS (Laser Induced Pyrolysis System) technology at...

Ferrari turns 60 in US 14 Oct 2014 - 12:08 am

The new F60 America model Ferrari is unveiled at the ‘Race Through the Decades 1954-2014’ to celebrate its 60th anniversary of Ferrari in...

Pershing Square debuts on Euronext Amsterdam 14 Oct 2014 - 12:08 am

William A Ackman, Founder and CEO of hedge fund Pershing Square Capital Management, rings the bell during the trading debut of his fund...

Facebook founder presses Indonesia leader to improve Internet access 14 Oct 2014 - 12:07 am

Indonesian President-elect Joko Widodo (centre), accompanied by Facebook CEO and founder Mark Zuckerberg (second right), talks to a vendor at Tanabang clothing market...

Eurozone’s sinking fortunes raise alarm 14 Oct 2014 - 12:06 am

from left: Italian Finance Minister Pier Carlo Padoan, Spanish Minister of Economy Luis de Guindos and French Finance Minister Michel Sapin await the...

Oil slides $2, lowest since 2010 14 Oct 2014 - 12:04 am

NEW YORK: Brent oil prices fell more than $2 a barrel to less than $88 yesterday, its lowest since 2010, after key Middle...