Business

Marginal growth in Qatar real estate sector 23 Dec 2013 - 04:01 am

DOHA: The real estate market witnessed a marginal growth of nearly one percent during the second week of December 8-12 with the combined...

Qatari bourse index loses 65.82 points 23 Dec 2013 - 04:00 am

Doha: Qatar Exchange index lost 65.82 points, or 0.63 percent, yesterday to 10,402.77 points from the previous closing of 10,468.59 points, on the...

Pressure builds as retailers near holiday finish line 23 Dec 2013 - 04:00 am

NEW YORK/ LOS ANGELES: After buying and remodeling a home, Karin Gilles and her husband, Dave Muilenburg, are not splurging on holiday gifts...

Electrolux to add jobs at North American headquarters 23 Dec 2013 - 03:59 am

CHARLOTTE, Northy Carolina: Appliance maker Electrolux announced plans to create more than 800 additional jobs over the next four years in Charlotte as...

Swiss banks sign up to reveal hidden accounts 23 Dec 2013 - 03:59 am

GENEVA: Swiss banks are scrambling ahead of a December 31 deadline to decide whether to join a US programme aimed at zooming in...

Austria sees 1.5pc budget deficit 23 Dec 2013 - 03:59 am

VIENNA: Austria is targeting a structural budget deficit of 1.5 percent of economic output next year as it works toward a balanced budget...

Turkey’s economic imbalance could hurt growth, warns IMF 23 Dec 2013 - 03:58 am

WASHINGTON: Turkey remains vulnerable to a sudden slowdown or halt in capital inflows, and failure to address its imbalances could lead to “systemic...

Fennovoima signs reactor deal with Rosatom 23 Dec 2013 - 03:58 am

HELSINKI: Finnish nuclear consortium Fennovoima said it had signed an expected deal with Russia’s Rosatom to build and invest in its 1,200 megawatt...

Weekly Commodity Update : Precious metals hit as energy gets a boost 23 Dec 2013 - 03:55 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) As the table shows, the energy sector was generally positive while metals were negative...

Weekly Money Market Review with IBQ: Dollar gains significantly against most major counterparts 23 Dec 2013 - 03:55 am

Last week the US Federal Reserve reduced its monthly bond purchases from $85bn to $75bn, the first step towards undoing the extraordinary stimulus...

Spain to take action against short sales in Bankia 23 Dec 2013 - 03:14 am

A view of Bankia’s headquarters building in Madrid. MADRID: Spain’s stock market regulator said it was ready to take action against a series...

Qatargas’ DHT project achieves safety milestone 22 Dec 2013 - 07:11 am

Officials and staff of Qatargas’ Diesel Hydrotreater project celebrating the safety milestone. DOHA: Qatargas’ Laffan Refinery’s Diesel Hydrotreater (DHT) project made yet another...

Manipulation in Spanish power sale, says minister 22 Dec 2013 - 07:09 am

Street lights are silhouetted against the sky in Bilbao yesterday. Spain’s competition regulator CNMC said it was annulling the results of a quarterly...

Commercial Bank renews partnership with Meeza 22 Dec 2013 - 07:07 am

Officials of Commercialbank and Meeza during the signing ceremony. DOHA: Commercial Bank has renewed its two-year partnership with Meeza, a Qatar Foundation joint...

NBK Automobiles, MBM sign agreement 22 Dec 2013 - 07:06 am

Officials during the vehicle handing over ceremony. Doha: Nasser Bin Khaled (NBK) Automobiles, the exclusive distributor of Mercedes-Benz branded vehicles in Qatar, yesterday...

Mexican president signs law opening oil industry 22 Dec 2013 - 07:05 am

A demonstrator blocks a cameraman during a march against the radical reform of the country’s energy market in downtown Mexico City. MEXICO CITY:...

GT Academy celebrates fifth year of training 22 Dec 2013 - 07:04 am

DUBAI: When GT Academy began five years ago, many people thought Nissan and PlayStation were crazy for believing they could turn a Gran...

Protest against inflation in San Francisco 22 Dec 2013 - 07:03 am

Protesters block a bus full of Apple employees during a protest against rising costs of living in San Francisco, California, yesterday.