Business

Opec unlikely to cut output: Kuwait minister 12 Oct 2014 - 11:57 pm

DUBAI/KUWAIT: Opec is unlikely to cut oil production in an effort to prop up prices because such a move would not necessarily be...

France calls for new €300bn deal from EU 12 Oct 2014 - 11:57 pm

PARIS: French Economy Minister Emmanuel Macron yesterday proposed a €300bn “New Deal” in Europe to boost investment and growth, while promising to accelerate...

UAE approves 2015 budget without deficit 12 Oct 2014 - 11:56 pm

ABU DHABI: The United Arab Emirates approved its 2015 budget yesterday, projecting no deficit and increased income and public spending as the oil-rich...

IMF to maintain post-bailout review after exit, says Greece 12 Oct 2014 - 11:55 pm

FROM LEFT: First Deputy Managing Director of the IMF David Lipton, Singapore’s Finance Minister and Chairman of the IMFC Tharman Shanmugaratnam, IMF Managing...

Weekly Commodity Update : Gold shines again as Opec faces oil glut 12 Oct 2014 - 11:53 pm

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) Global growth fears remain one of the key drivers of financial markets at...

Qatar seeks IMF help for development strategy 12 Oct 2014 - 01:33 am

European Central Bank Governor Mario Draghi (left) and Britain’s Chancellor of the Exchequer George Osborne speak before a meeting of the International Monetary...

Qatar is Germany’s most important Arab investor 12 Oct 2014 - 01:32 am

German Ambassador to Qatar, Angelika Storz-Chakarji BY MOHAMMAD SHOEB DOHA: With huge trade and investment relations with Germany, Qatar has been accorded as...

New S-Class Coupé hits roads 12 Oct 2014 - 01:31 am

Sheikh Nawaf bin Nasser bin Khaled Al Thani, Chairman and CEO of NBK companies, in the new S-Class Coupé. Doha: Nasser Bin Khaled ...

Most IT buyers rely on social media 12 Oct 2014 - 01:30 am

DOHA: About 94 percent of Middle East IT buyers rely on social media to aid purchase decision, revealed a study that seeks to...

AIH Talent Recognition Ceremony 12 Oct 2014 - 01:29 am

Abu Issa Holding (AIH), a leading business group in Qatar that operates in various sectors including retail, distribution, telecommunications, IT, marketing, investment and...

China sees no need for big stimulus for economy 12 Oct 2014 - 01:28 am

WASHINGTON: China is watching its property market closely but sees no need for any big stimulus for the sector or the rest of...

‘London cab’ in Shanghai 12 Oct 2014 - 01:28 am

Drivers stand next to brand new Geely Englon TX4 taxis, which were created based on the “London cab”, during an inauguration ceremony in...

Virgin Atlantic war with British Airways continues 12 Oct 2014 - 01:27 am

A British Airways passenger jet comes to land at Lindberg Field in San Diego, California . London: Standing in a brand new British...

Protest against trade pacts 12 Oct 2014 - 01:23 am

Activists protest against planned trade pacts; TTIP (Transatlantic Trade and Investment Partnership) and CETA (Comprehensive Economic and Trade Agreement) with the US and...

IMF warns global economy at risk 12 Oct 2014 - 01:20 am

WASHINGTON: The International Monetary Fund’s member countries yesterday said bold action was needed to bolster the global economic recovery, and they urged governments...

Qatari investors acquire €125m properties’ portfolio in Greece 12 Oct 2014 - 01:18 am

DOHA: Investors from Qatar acquired a portfolio of commercial properties worth a total of €125m, in Greece. The portfolio comprises a package of...

Reliance seeks buyer for Eagle Ford for $4.5bn 12 Oct 2014 - 01:18 am

NEW YORK: India’s Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint...

Muntajat BV to open 10 new global offices 12 Oct 2014 - 01:18 am

DOHA: Muntajat BV, a wholly-owned subsidiary of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), has announced the opening of 10 new...