Business

US pending home sales hit new low, services sector rebounds 26 Nov 2013 - 10:00 am

WASHINGTON: Contracts to buy previously owned US homes hit a 10-month low in October, but a strong rebound in services sector activity early...

Kuwait Airways chief suspended over Jet plan 26 Nov 2013 - 10:00 am

KUWAIT: Kuwait has suspended the chairman of state-owned Kuwait Airways in a dispute over his plans to buy five used aircraft from India’s...

TRC-Q applies for new patent 26 Nov 2013 - 09:59 am

DOHA: Total Research Centre Qatar (TRC-Q) has applied for a new patent in the domain of Geochemistry. The patent will allow a quick,...

Dubai to act as hub for emerging Islamic markets, says IDB chief 26 Nov 2013 - 09:59 am

DUBAI: Countries as distant as central Asia and Africa are expected to use Dubai to obtain expertise and financing channels as they develop...

Dubai to boost govt spending by 11pc in 2014 26 Nov 2013 - 09:58 am

DUBAI: Dubai plans to boost its government spending by 11 percent next year to the highest level since its property bubble burst in...

Jenaan to sell all wheat produce in Egypt 26 Nov 2013 - 08:01 am

ABU DHABI: Abu Dhabi-based agriculture investment firm Jenaan said it was changing its strategy in Egypt to growing wheat and helping ensure food...

RBS accused of ‘distressing’ small firms 26 Nov 2013 - 08:01 am

LONDON: Royal Bank of Scotland faced more damage to its reputation yesterday after the government handed regulators a report claiming that the state-rescued...

Namibia to limit oil and gas exploration 26 Nov 2013 - 08:00 am

WINDHOEK: Namibia plans to stop oil and gas companies from carrying out off-shore exploration for part of the year, to protect the fishing...

Transparency key to Islamic banking operations: Al Shaibei 26 Nov 2013 - 06:34 am

International Islamic CEO Abdul Basit Al Shaibei receiving a memento from Abdeslam Ballaji, President of the Moroccan Association for Islamic Economics. DOHA: Highest...

Al Sada receives Netherlands minister 25 Nov 2013 - 10:22 am

The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, hosted a working dinner in honour of Henk Kamp,...

Doha Bank general assembly approves Tier 1 Capital boost 25 Nov 2013 - 10:21 am

Managing Director of Doha Bank, Sheikh Abdul Rahman bin Mohammad bin Jabor Al Thani (fifth left), addressing the extraordinary general assembly of the...

Qatar set to be global meetings centre: GIBTM 25 Nov 2013 - 10:15 am

DOHA: Qatar is set to become a global meetings destination, investing more than $20bn in tourism-related infrastructure that will boost its MICE (meeting,...

QNB signs agreement with QBC 25 Nov 2013 - 10:13 am

Officials of Qatar National Bank and Qatar Building Company signing the agreement. DOHA: Qatar National Bank (QNB) has signed an agreement with Qatar...

Q.mobility signs JV deal with HUB 25 Nov 2013 - 10:11 am

DOHA: Qatar’s ambitious projects, including Hamad International Airport (HIA) and the upcoming Lusail City will have award winning ultramodern lighting solutions and unique...

QP’s Industrial Cities Directorate wins Seatrade award 25 Nov 2013 - 10:09 am

A Qatar Petroleum official receiving the award. DOHA: Qatar Petroleum’s Industrial Cities Directorate, comprising of Mesaieed and Ras Laffan industrial cities, has won...

Risk consulting partner at KPMG Qatar 25 Nov 2013 - 10:07 am

DOHA: KPMG in Qatar announced the appointment of Issa Habash (pictured) as a risk consulting partner. He is a Certified Public Accountant (CPA)...

Iran rial jumps over 3pc on nuclear deal 25 Nov 2013 - 10:05 am

A seller arranges Iranian products in his shop in Dubai old market yesterday. Iran’s currency jumped more than three percent against the US...

Qatar’s growth draws leading companies 25 Nov 2013 - 10:03 am

BY MOHAMMAD SHOEB DOHA: Qatar’s huge investments in infrastructure development and remarkable economic growth have transformed the Gulf state into a strong emerging...