Business

Qatari Diar to open regional office in Washington 13 Mar 2014 - 12:49 am

DOHA: Qatari Diar Real Estate Investment Company is to open a regional office in Washington DC to pursue new strategic investments throughout the...

Gulf bankers meet to boost cooperation 13 Mar 2014 - 12:49 am

KUWAIT CITY: Arab central bank governors of the energy-rich Gulf met yesterday in Kuwait to discuss combating terror funding and boosting cooperation. Central...

Middle East grain buyers avoid Ukraine 13 Mar 2014 - 12:49 am

AMMAN: Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers,...

QE index down 1.39pc, region sees big selling 13 Mar 2014 - 12:49 am

Doha: Qatar Exchange ended in the red area when trading closed yesterday at 11,349.17 points, down 1.39 percent, or 159.99 points, from the...

Qatargas loads 2,000th LNG cargo 13 Mar 2014 - 12:48 am

DOHA: Qatargas, the largest LNG producer in the world, recently loaded the 2,000th LNG cargo from the Common Lean LNG Storage and Loading...

Egypt sees GDP growing slower 13 Mar 2014 - 12:48 am

CAIRO: Egypt’s newly appointed finance minister said yesterday the growth target had slipped and the budget deficit would widen more than official forecasts...

Britain set to be fastest growing among G7 13 Mar 2014 - 12:48 am

LONDON: Britain’s economy will grow faster than any other G7 nation in coming quarters, but the Bank of England will not raise interest...

EU excludes shale gas from tough rule 13 Mar 2014 - 12:47 am

BRUSSELS: EU politicians yesterday voted for tougher rules on exposing the environmental impact of oil and conventional gas exploration, while excluding shale gas....

Eurozone industrial output falls in January 13 Mar 2014 - 12:47 am

BRUSSELS: Eurozone industrial output continued weaker in January, official data showed yesterday, but the underlying trend appears consistent with a very modest economic...

Weekly Money Market Review with IBQ: Is the US economy losing momentum? 13 Mar 2014 - 12:30 am

Markets were treated to a busy week that included rate decisions by the Bank of England and the European Central Bank, political stalemate...

FCC gets €506m Doha Metro red line contract 12 Mar 2014 - 09:43 am

DOHA: FCC, a global leader in subway construction, has won the €506m contract to build a section of Doha Metro red line. The...

QIIB explores overseas investments 12 Mar 2014 - 12:47 am

QIIB Chairman Sheikh Dr Khalid bin Thani bin Abdullah Al Thani (centre) and Vice Chairman Sheikh Abdullah bin Thani Al Thani (left) and...

More electric cars 12 Mar 2014 - 12:46 am

Battery-powered versions of Kia Motors’ Soul compact cars in Hwaseong. Hyundai Motor Co plans to launch its first battery-powered electric vehicle in 2016,...

Real estate show 12 Mar 2014 - 12:44 am

People look at a scale model of the city of London yesterday in Cannes, southeastern France, during the MIPIM, an international real estate...

Russian PM visits a plant 12 Mar 2014 - 12:44 am

Russia’s Prime Minister Dmitry Medvedev inspects an assembly line yesterday as he visits Rostselmash plant, which produces machinery for agriculture, in the southern...

Robust growth in Germany 12 Mar 2014 - 12:43 am

Newly manufactured Ford Fiesta cars on a ship as it leaves a dock at the Ford car plant in Cologne. German exports and...

Extraction of shale gas is tax free in Poland 12 Mar 2014 - 12:42 am

WARSAW: The Polish government yesterday decided to make it tax-free to extract shale gas at home through 2020. Poland’s shale gas reserves are...

Shurooq signs MoU with US Chamber 12 Mar 2014 - 12:35 am

Doha: The Sharjah Investment and Development Authority (Shurooq) and the US Chamber of Commerce have signed a memorandum of understanding aimed at promoting...