Business

Qatar Exchange back above 10,000 points 12 Nov 2013 - 11:14 am

Doha/DUBAI: Qatar Exchange rose back above the psychologically important level of 10,000 points for the first time since August yesterday. It ended at...

Economic forum in Kuwait 12 Nov 2013 - 11:12 am

Kuwaiti Minister of Finance Sheikh Salem Abdulaziz Al Sabah (centre), Deputy Secretary General of the Arab League Ahmed Ben Helli (left), and African...

UAE to build Middle East’s first land-based LNG import terminal 12 Nov 2013 - 11:12 am

DUBAI: EmiratesLNG will build and operate the Middle East's first land-based liquefied natural gas (LNG) import facility at Fujairah, having won government approval...

Etihad in talks to buy Airbus jets 12 Nov 2013 - 11:12 am

DUBAI/PARIS: Abu Dhabi’s Etihad Airways is in talks to buy jets from Airbus even as it puts the finishing touches to a reported...

Bapco seals gasoil and jet fuel term contracts 12 Nov 2013 - 11:11 am

SINGAPORE: Bahrain Petroleum Co (Bapco) has finalised its 2014 jet fuel and gasoil term contracts with several companies, with premiums set at lower...

Zain extends profit slump 12 Nov 2013 - 11:11 am

DUBAI: Zain, Kuwait’s No. 1 telecom operator, blamed a plunge in the Sudanese pound and other foreign exchange moves as it reported a...

Marks & Spencer woos India’s young 12 Nov 2013 - 11:10 am

Workers prepare a sign ahead of the opening of a Marks & Spencer store in Mumbai yesterday. MUMBAI: Britain’s biggest clothing retailer Marks...

Twitter shares are Shariah-compliant, says US screening firm 12 Nov 2013 - 11:09 am

DUBAI: Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to...

Chinese spend billions in online shopping rush 12 Nov 2013 - 11:09 am

BEIJING: Chinese shoppers spent billions of dollars online yesterday, data showed, as they took advantage of discounts offered on Singles Day, a festival...

Better outlook a challenge to BoE’s rates message 12 Nov 2013 - 11:09 am

LONDON: The Bank of England (BoE) faces the tricky task this week of upgrading its economic and employment forecasts without stoking speculation in...

Qatar calls for carbon mitigating solutions 12 Nov 2013 - 05:04 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with other officials during the 2nd Doha Carbon and...

Accolades for QIB Fraud Control Unit 11 Nov 2013 - 09:56 am

Officials of Qatar Islamic Bank and Visa with the certificate of appreciation. DOHA: Qatar Islamic Bank’s (QIB) Card Processing Department — Fraud Control...

QP takes part in UAE expo 11 Nov 2013 - 09:55 am

Officials at the QP stand at the Abu Dhabi International Petroleum Exhibition. DOHA: Qatar Petroleum (QP) is taking part in the 16th edition...

Gulf markets witness bout of profit-taking 11 Nov 2013 - 09:54 am

Doha/DUBAI: Egypt’s bourse fell 0.9 percent yesterday as investors started taking profits after a long rally, while other markets in the region moved...

Kuwait a major investor in London 11 Nov 2013 - 09:54 am

Kuwait: The State of Kuwait is among the top investors in the British capital, London, as it manages investment projects worth no less...

Dolphin Energy marks success of job nationalisation 11 Nov 2013 - 09:53 am

Officials of Dolphin Energy Limited Qatar during the Annual Nationalisation Forum at the Hilton Doha Hotel. Abu Dhabi: Dolphin Energy Limited Qatar celebrated...

Gulf banker to set up investment bank in Dubai 11 Nov 2013 - 09:53 am

DUBAI: Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai’s tax-free financial zone, he said...

Egypt’s urban inflation rises 11 Nov 2013 - 09:52 am

CAIRO: Egypt’s urban consumer inflation accelerated in October, driven by higher consumer spending on food and transport, the state CAPMAS statistics agency reported...