Business

Bank lending to Saudi private firms up 15pc 03 Oct 2013 - 12:01 am

RIYADH: High loan growth to the private sector in Saudi Arabia is likely to continue in the next two to three years as...

Bahrain growth shrinks in Q2 as financial sector weighs 02 Oct 2013 - 11:51 pm

DUBAI: Bahrain’s economy shrank 0.3 percent from the previous quarter in the April-June period, its first quarterly drop in a year, largely because...

Spain’s jobless queues grow 02 Oct 2013 - 11:50 pm

MADRID: Spain’s jobless queues grew in September as a summer jobs boom ended, breaking a six-month run of shrinking unemployment lines, government figures...

KPN shareholders approve €5bn E-Plus sale 02 Oct 2013 - 11:49 pm

THE HAGUE: Shareholders in Dutch telecom operator KPN yesterday approved the sale of German subsidiary E-Plus to Spain’s Telefonica for five billion euros...

Al Sada calls for added cooperation between Qatar, US energy industries 02 Oct 2013 - 12:23 am

H E Dr Mohammed bin Saleh Al Sada with Dr Ernest Moniz. Washington: The Minister of Energy and Industry H E Dr Mohammed...

Qatar Holding becomes sole owner of QE 02 Oct 2013 - 12:23 am

DOHA: Qatar Holding, the investment arm of Qatar Investment Authority (QIA), has bought NYSE Euronext’s 12 percent stake in the Qatar Exchange (QE) ...

Opec relaxed about cost-sensitive shale oil 02 Oct 2013 - 12:23 am

LONDON: A rise in output of North American tight oil will not trouble Opec, the group’s secretary general said yesterday, maintaining his view...

CBQ buys 3.4pc more stake in Alternatifbank 02 Oct 2013 - 12:22 am

DUBAI: Commercial Bank of Qatar (CBQ) said yesterday it had acquired a further 3.4 percent stake in Turkey’s Alternatifbank through a public tender...

Al Khaliji names banks for potential debut bond issue 02 Oct 2013 - 12:22 am

DUBAI: Qatar’s Al Khaliji Commercial Bank has picked four banks to arrange meetings with fixed income investors ahead of a potential debut bond...

Infrastructure spending to narrow fiscal surplus 02 Oct 2013 - 12:21 am

DOHA: The pick up in Qatar’s infrastructure project is expected to narrow the country’s fiscal surplus from a record 14.2 percent of GDP...

Blue Rubicon opens first office outside UK in Doha 02 Oct 2013 - 12:20 am

British Ambassador, Nicholas Hopton, (third left) along with (from left) Rasha Almaliki, Office Manager, Blue Rubicon, Qatar; Gareth O’ Brien, Director of Trade...

Singapore trade delegation visits Qatar 02 Oct 2013 - 12:18 am

From left: Cody Lee, Director for Middle East and Africa at Singapore Business Federation; Khalid bin Jaber Towar Al Kuwari, Board Member of...

EU jobless rate sees first fall since 2011 02 Oct 2013 - 12:17 am

BRUSSELS: Eurozone unemployment fell for the first time in two and a half years this summer, but with 19 million people jobless analysts...

QFCRA issues consultation paper on rule change 02 Oct 2013 - 12:06 am

DOHA: The QFC Regulatory Authority yesterday released a consultation paper on proposed rule changes that update and strengthen the rules for the acquisition...

KPMG to hold family business meet 02 Oct 2013 - 12:05 am

DOHA: KPMG announced that it will host its first Family Business Conference on Sunday, November 3 at the Jumeirah Emirates Towers Hotel, Dubai. ...

Infiniti names first Europe-based product director 02 Oct 2013 - 12:05 am

Dubai: Infiniti’s new-model offensive is changing up a gear with the announcement of a new Europe-based product chief, the company’s first. Nicolas Tschann...

Emerging countries engine of energy demand growth: Attiyah 02 Oct 2013 - 12:04 am

H E Abdullah bin Hamad Al Attiyah (left) during the Oil & Money Conference in London. London: The Chairman of Qatar’s Administrative Control...

Fifty One East bags Best Retail Company award 02 Oct 2013 - 12:02 am

Hamdi Dessouki receiving the award. Doha: Fifty One East, the Middle East’s largest luxurious retail concept, bagged for the third consecutive year the...