Business

Dubai Investments plans to raise $300m from sukuk sale 19 Nov 2013 - 07:15 am

DUBAI: Dubai Investments aims to raise $300m from a debut sale of Islamic bonds by the end of 2013 after delaying a similar...

Oil slips to $108 ahead of Iran nuclear talks 19 Nov 2013 - 07:15 am

LONDON: Brent crude oil fell toward $108 a barrel yesterday after a week of sharp gains ahead of talks between Iran and the...

Saudi bourse tightens rules 19 Nov 2013 - 07:15 am

RIYADH: The Saudi Arabian Capital Market Authority (CMA) has tightened rules on how long shares in listed firms can trade if the companies...

GCC energy exports may be hit by next decade: Official 19 Nov 2013 - 07:14 am

RasGas Chief Safety, Health, Environment and Quality Officer, Brett Doherty, at the 2nd Doha Carbon and Energy Forum. Doha: According to recent studies,...

QDB, QNB in deal to boost non-oil exports 19 Nov 2013 - 07:13 am

Officials of Qatar Development Bank and Qatar National Bank exchange the documents yesterday. DOHA: Qatar Development Bank (QDB) yesterday announced the signing of...

Bull run continues at QE 19 Nov 2013 - 07:13 am

Doha/DUBAI: Bourses across the Gulf gained yesterday along with global markets, with the exception of Kuwait, where property stocks dropped after a local...

Experts discuss Islamic taxation at Doha meet 19 Nov 2013 - 07:12 am

Doha: Taxation of Shariah-compliant financial products and transactions was the main topic examined by a distinguished group of experts meeting in Doha. Among...

Deutsche Bank in trouble for denying data 19 Nov 2013 - 07:11 am

DUBAI: The regulator of Dubai's tax-free financial centre has sued Deutsche Bank, claiming that the German lender unlawfully refused to provide information as...

EU welcomes Spanish bank reforms 19 Nov 2013 - 07:11 am

MADRID: The European Union yesterday welcomed efforts by Spain to repair its banking sector but warned that the country risked missing its public...

UK plans taxing foreign real estate investors 19 Nov 2013 - 07:10 am

LONDON: Britain may impose new taxes on foreign property investors in response to soaring house prices in London, Deputy Prime Minister Nick Clegg...

Russian tycoon buys potash stake for $4.35bn: Report 19 Nov 2013 - 07:10 am

MOSCOW: The Onexim investment vehicle of Russian billionaire Mikhail Prokhorov yesterday announced it was buying a 21.75 percent stake in potash giant Uralkali...

Zurich Insurance to invest $1bn in ‘green’ bonds 19 Nov 2013 - 07:10 am

ZURICH: Zurich Insurance Group said yesterday it would invest up to $1bn (¤810m) in projects to reduce the effects of climate change, marking...

Barzan project set to boost LPG exports 19 Nov 2013 - 05:49 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (centre) at the 8th LPG Trade Summit at St...

Qatar’s direct investment in Morocco rising, says envoy 18 Nov 2013 - 02:07 pm

Mohammed Ahmed Al Obaidly, Board Member of Qatar Chamber, presenting a memento to El Mekki Gaouane (left), the Ambassador of Morocco to Qatar,...

Qatar bourse index rises by 72.40 points 18 Nov 2013 - 02:06 pm

Doha: Qatar Exchange ended in the green rising 72.40 points or 0.71 percent to 10,284.80 points from the previous closing of 10,072.05 on...

Forbes explores sale of family-run business 18 Nov 2013 - 02:06 pm

NEW YORK: The Forbes family is exploring the sale of its eponymous magazine title and Web publications, becoming the latest prominent media family...

Gulf airlines splash out over $150bn at air show 18 Nov 2013 - 02:05 pm

A model of the Boeing 777-9X on display at the Dubai Air Show yesterday. Etihad Airways ordered 87 Airbus planes, including 50 extra-wide-body...

GWC signs 3-year logistics contract with QSTec 18 Nov 2013 - 02:04 pm

QSTec and GWC officials at the signing ceremony. DOHA: Gulf Warehousing Company (GWC), the leading provider of fully integrated logistics services, has entered...