Business

MAF eyes $500m from hybrid bond 27 May 2013 - 01:05 am

DUBAI: Mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500m from the issue of a hybrid debt sale...

Ghosn in Monaco 27 May 2013 - 01:03 am

Renault-Nissan alliance Chairman and CEO Carlos Ghosn poses at the Monaco harbour yesterday.

Qatar bourse index climbs 0.42 percent 27 May 2013 - 01:03 am

Doha/dubai: Qatar Exch-ange ended in the green yesterday adding 38.28 points (or 0.42 percent) to advance to 9,086.90 points from 9,048.62 on Thursday....

Turkey fears being left out in the cold by EU free trade pacts 27 May 2013 - 01:02 am

ANKARA: Frustrated with the slow progress of its bid to join the EU, the rash of free trade pacts Brussels is negotiating that...

Arab Bank eyes double digit profit this year 27 May 2013 - 01:02 am

DEAD SEA, Jordan: Arab Bank, the country’s largest lender, said it expects double digit profitability in 2013 as much lower provisions and steady...

China, EU in bid to defuse row over solar panels 27 May 2013 - 01:02 am

BEIJING: China will hold informal talks with the European Commission today to try to defuse a trade row over solar panels and wireless...

Arabtec wins $197m contract in Jordan 27 May 2013 - 01:02 am

DUBAI: Arabtec, the contractor part-owned by Abu Dhabi state fund Aabar, has won a $197m contract to build a hotel and residential project...

Iraq oil exports at 2.6m b/d average in May 27 May 2013 - 01:01 am

BAGHDAD: Iraq oil exports averaged 2.6 million barrels per day (b/d) in May, affected by attacks on a northern Kirkuk pipeline while production...

Storm over control of US newspaper group 27 May 2013 - 01:01 am

WASHINGTON: With a sale likely of a prominent group of US newspapers, the interest of a potential buyer tied to right-wing causes has...

ANA resumes 787 flights 27 May 2013 - 12:58 am

TOKYO: Japan’s All Nippon Airways (ANA), the single biggest operator of Boeing’s flagship 787, said it put its Dreamliner fleet back into service...

Delta ups the ante in battle for New York travel market 27 May 2013 - 12:57 am

NEW YORK: Delta’s formula for winning over New York travelers is simple: Floor-to-ceiling windows, abundant power outlets and a burger joint with a...

Wind power blows into Africa 27 May 2013 - 12:56 am

CAPE TOWN: Giant turbines churning in the wind are a rare sight in Africa — but that will not be the case for...

How the Fed could ruin your summer holiday 27 May 2013 - 12:53 am

By Luciana Lopez Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and...

Weekly Commodity Update : Weak Chinese data create bumpy road for commodities 27 May 2013 - 12:52 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodity markets had to deal with several pieces of news and events this past...

Weekly Money Market Review with IBQ: Markets speculate on end of quantitative easing 27 May 2013 - 12:50 am

For the past several weeks, speculation has risen over the possibility that the Federal Reserve may begin to wind down the current Quantitative...

Qatar keen to meet India LNG demand 26 May 2013 - 03:06 am

Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada BY MOHAMMAD SHOEB DOHA: The negotiations between India and Qatar...

‘Milaha Ras Laffan’ sets off on 100th voyage 26 May 2013 - 02:21 am

The ‘Milaha Ras Laffan’ is set to arrive in Yung An, Taiwan, on June 8. DOHA: RasGas Company Limited’s (RasGas) second dedicated liquefied...

Egypt to return taxes collected from QNB deal 26 May 2013 - 02:21 am

CAIRO: Egypt will refund taxes collected from Qatar National Bank’s acquisition of National Societe Generale Bank to shareholders today, an official from a ...