Business

Dubai Group signs $10bn debt restructuring deal 17 Jan 2014 - 07:27 am

DUBAI: Dubai Group has signed a $10bn debt restructuring deal, two sources with knowledge of the matter told Reuters, marking the end of...

Dolphin Energy signs deal with Gasal for nitrogen supply 16 Jan 2014 - 12:14 pm

Officials exchanging documents during the signing ceremony. DOHA: Dolphin Energy Limited has signed a long-term agreement with Gasal QSC to provide Dolphin Energy...

Spanish builders cut debt 16 Jan 2014 - 12:13 pm

Cranes tower over apartment blocks under construction outside Madrid yesterday. Spanish builders have cut debt by selling assets and reducing staff, leading to...

China foreign exchange reserves surge 16 Jan 2014 - 12:12 pm

An exterior view of the headquarters of the People’s Bank of China (PBOC) in central Beijing. China’s foreign exchange reserves jumped by more...

Bank of America earnings soar 16 Jan 2014 - 12:12 pm

A Bank of America branch in New York’s Times Square. The bank reported an eight-fold increase in quarterly earnings due to primarily improving...

India headline inflation eases to 5-month low 16 Jan 2014 - 12:11 pm

A vendor drinks tea at his stall in a wholesale vegetable market, in the southern Indian city of Kochi, yesterday. India’s headline inflation...

Peso dips to three-year low 16 Jan 2014 - 12:10 pm

A money changer counts US dollar bills at a currency exchange in Manila yesterday. Most emerging Asian currencies fell yesterday with the Philippine...

Real estate prices at new record 16 Jan 2014 - 12:07 pm

By Satish Kanady DOHA: Qatar Central Bank’s (QCB) annual update of 2013 real estate price index indicates the country’s real estate market prices...

QE the best performing Arab bourse in post-financial crisis era 16 Jan 2014 - 12:07 pm

DOHA:Qatari bourse posted strongest recovery after the Lehman collapse and the consequent global financial crisis. At the close of 2013, Qatar Exchange (QE)...

Europe to tighten financial market regulations 16 Jan 2014 - 12:06 pm

STRASBOURG, France: The Europe Union is to tighten regulation of financial markets under a deal to prevent any repetition of the rampant speculation...

Brent edges down on hopes of rise in Iran exports 16 Jan 2014 - 12:06 pm

LONDON: Brent crude slipped to $106 a barrel yesterday after hitting a two-month low as the prospect of a possible rise in Iranian...

Islamic Holding Group posts QR9.37m profit 16 Jan 2014 - 12:06 pm

DOHA: Islamic Holding Group recorded a net profit of QR9.37m for the full-year 2013. The figure is against QR6.04m posted during the same...

Qatar Exchange index adds 0.22 percent 16 Jan 2014 - 12:05 pm

DOHA: Qatari bourse continued to move higher on the 12th consecutive session yesterday, but with a slower momentum. The Qatar Exchange (QE) benchmark...

Mena to see firm IPO activity in 2014 16 Jan 2014 - 12:04 pm

DUBAI: Mena IPO activity is expected to remain on firm footing in 2014 following a strong uptick in listings in the last quarter...

QNB takes part in Bedaya workshop 16 Jan 2014 - 09:11 am

Doha: Qatar National Bank (QNB) has participated in a entrepreneurship networking workshop organised by the Bedaya Centre, in Katara. The one day workshop...

Growth slows to four-year low in Germany 16 Jan 2014 - 09:11 am

BERLIN: The German economy, Europe’s biggest, turned in the slowest growth for four years last year as the sluggish global economy and eurozone...

China urges IMF to give more power to emerging markets 16 Jan 2014 - 09:10 am

BEIJING: China called on the IMF yesterday to stick to a commitment to give emerging markets more power at the world body after...

Brunei sees significant takaful growth 16 Jan 2014 - 09:10 am

KUALA LUMPUR: Assets held by the Islamic insurance (takaful) sector in Brunei recently have grown significantly while those of conventional types of insurance...