Business

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...

Qatar’s T-bill yields jump to year-high 02 Oct 2013 - 12:02 am

DUBAI: Yields at a Qatari Treasury bill auction jumped yesterday to their highest level in at least a year, signalling unusually tight money...

Brent falls below $108 on fears of crimp in demand 02 Oct 2013 - 12:02 am

LONDON: Brent oil slid below $108 a barrel yesterday on worries that a shutdown of the US government will crimp demand, while easing...

Qatari Islamic banks record strong growth rate in GCC 02 Oct 2013 - 12:01 am

DOHA: GCC banking system assets have risen by a compound average growth rate of 6.9 percent a year since 2009 to reach $1.6...

Egypt economy to miss govt growth forecast, says survey 02 Oct 2013 - 12:01 am

CAIRO: Egypt’s economy will only grow 2.6 percent in the fiscal year ending June 2014, well below the 3.5 percent the government expects...

Iraq southern oil exports average down in September 01 Oct 2013 - 11:34 pm

BASRA: Iraq’s southern oil exports averaged 1.821 million barrels per day (mbpd) in September, down from 2.308 million bpd in August due to...