Business

Home prices jump in Hong Kong 04 Feb 2014 - 01:16 am

Apartment buildings are seen clustered together in Hong Kong’s Kowloon district yesterday. Home prices in the southern Chinese city have risen by 120...

Brent pares losses on cold weather 04 Feb 2014 - 01:14 am

NEW YORK: Brent crude oil traded lower yesterday, but pared losses sharply following a rise in heating oil prices as cold weather in...

IMD to conduct polls on economic policies in Qatar 04 Feb 2014 - 01:14 am

DOHA: The Ministry of Development Planning and Statistics (MDP&S) along with the International Institute for Management Development (IMD) will conduct opinion polls among...

Investment funds bullish on Qatari stocks 04 Feb 2014 - 01:13 am

DOHA: Driven by massive planned government spending and attractive valuations, investment funds are becoming much more bullish on Qatari stocks. Citing Reuters’ monthly...

Salam International profit at QR113.8m 04 Feb 2014 - 01:13 am

DOHA: Salam International Company recorded an annual net profit of QR113.8m in 2013, up from QR84.1m posted during the same period in 2012....

Optimism in construction sector in Gulf 04 Feb 2014 - 01:12 am

DOHA: There is a growing optimism in the Gulf construction market in 2014 with major projects on the horizon such as FIFA World...

Audit committees cite increased risks, complexities as top challenges for ’14 04 Feb 2014 - 01:12 am

DOHA: Audit committees around the world have highlighted that it is becoming increasingly difficult to oversee major risks in addition to financial reporting...

Masraf Al Rayan raises IBB’s Tier 1 capital to £100m 04 Feb 2014 - 01:12 am

DOHA: Masraf Al Rayan announces its acquisition of the Islamic Bank of Britain Plc (IBB) by its wholly owned subsidiary “Al Rayan (UK)...

Qatar bourse index down 36.38 points 04 Feb 2014 - 01:11 am

Doha: Qatar Exchange ended in the red when trading closed yesterday at 11,137.59 points, down 36.38 points or 0.33 percent from the previous...

Ford registers 22pc sales growth in Qatar 04 Feb 2014 - 01:10 am

DOHA: Ford Motor Company has registered a 22 percent sales growth in Qatar, while the sales in the Middle East witnessed a 12...

Winter takes a bite out of US auto sales 04 Feb 2014 - 01:10 am

CHICAGO: Bitter cold and massive snowstorms took a bite out of US auto sales in January, but Chrysler said yesterday that it extended...

UAE plays down inflation threat, sees 5pc growth 04 Feb 2014 - 01:09 am

ABU DHABI: The United Arab Emirates’ economy is likely to grow at a robust clip of up to 5 percent this year, government...

Oman’s National Gas Co CEO held by prosecutor 04 Feb 2014 - 01:08 am

MUSCAT: The chief executive of Oman’s National Gas Co SAOG has been detained by the public prosecutor for questioning in relation to a...

QNB expansion plans to focus on global deals 03 Feb 2014 - 07:04 am

DOHA: International expansion is key for QNB Group’s future plans. The Group’s expansion plans for the next three years will refocus on global...

Malabar Gold & Jewellery opens in Barwa Village 03 Feb 2014 - 07:02 am

Sheikh Jasim bin Nasser Al Thani along with MP Ahamed – Chairman, Malabar Group, opening the Malabar Gold & Diamond’s newest branch in...

Tumbling rand boosts tourism 03 Feb 2014 - 07:01 am

Tourists take pictures from a viewing platform overlooking Cape Town’s Atlantic beachfront. South African policymakers have watched in horror as the rand has...

Qafac receives ISO27001 certification 03 Feb 2014 - 07:00 am

Nasser Jeham Al Kuwari (right) receiving the ISO 27001 certificate from Sarah Taylor. (Salim Matramkot) Doha: Qatar Fuel Additives Company Limited (Qafac) has...

MasterCard Inc profits dip 03 Feb 2014 - 06:59 am

MasterCard credit cards are seen in in London. MasterCard Inc posted a lower-than-expected quarterly profit and said its net revenue for the year...