Business

Spotlight falls on M&S over Qatari interest 18 Mar 2013 - 02:45 am

LONDON: British retailer Marks & Spencer was at the centre of fresh bid speculation yesterday, with takeover talk resurfacing after a year of...

QCB: Assets of Islamic banks reach QR195bn 18 Mar 2013 - 02:45 am

Doha: The assets of Islamic banks in Qatar were QR195bn at the end of 2012 compared to QR8.8bn 10 years ago, Governor of...

Asset management industry growing 18 Mar 2013 - 02:45 am

DOHA: Assets under management in Qatar, sponsored by entities based in Qatar, increased 0.1 percent in 2012 H1, noted a Qatar Financial Centre...

FIFA 2022 may cause inflationary pressures 18 Mar 2013 - 02:44 am

DOHA: In the run up to FIFA 2022, Qatari economy is expected face numerous challenges that are likely to be translated into inflationary...

All forms of energy critical to Qatar’s growth, says official 18 Mar 2013 - 02:43 am

DOHA: ExxonMobil has emphasised that all forms of energy will be critical to economic growth, development, and social welfare of Qatar. Sharing ExxonMobil’s...

Weekly Money Market Review with IBQ: Investors ignore tax hikes, spending cuts and the sequester 18 Mar 2013 - 02:42 am

The US Dollar lost some momentum by the end of the week after recording the highest level in few months against the Euro,...

$2bn for energy efficient vehicle research 17 Mar 2013 - 01:53 am

Henning Lohse-Busch, a research engineer at the Argonne National Lab, demonstrates electric car technology to US President Barack Obama during a tour of...

Energy summit to debate MENA opportunities 17 Mar 2013 - 01:53 am

DOHA: Qatar is set to host the 4th Annual Qatar Alternative Energy Investors Summit. The two-day event, scheduled to open on March 24,...

UAE for speedy review of bank rules 17 Mar 2013 - 01:53 am

DUBAI: UAE’s central bank yesterday said it wanted to finalise a review of regulations on mortgages, banks’ loan exposure and liquidity to make...

Enterprise Qatar to hold free workshops for SMEs 17 Mar 2013 - 01:53 am

DOHA: Enterprise Qatar (EQ) will launch a series of free workshop-training sessions for small and medium enterprises (SMEs) and their managerial teams to...

US spending cuts have limited impact on GDP growth: QNB 17 Mar 2013 - 01:52 am

Doha: The US sequester was the last unfinished instalment of the so called ‘fiscal cliff’, wherein automatic government spending cuts are put in...

Buildings to get energy monitoring system 17 Mar 2013 - 01:52 am

DOHA: Qatar is set to install a next-generation sustainable resource and energy management monitoring system on over a dozen buildings with the support...

IMF rescue deal shocks Cypriots 17 Mar 2013 - 01:48 am

A man withdraws money from an automatic teller machine at a branch of Bank of Cyprus, in Athens, yesterday. NICOSIA: Residents of Cyprus...

Government in race to ratify bank deposit tax 17 Mar 2013 - 01:48 am

LARNACA, Cyprus: The Cypriot government was in a race against the clock yesterday to push through a deeply unpopular levy on all deposits...

Kuwait’s Gulf Bank gets new chairman 17 Mar 2013 - 01:47 am

Gulf Bank’s new Chairman Omar Qutayba Al Ghanim (right) sits next to outgoing Chairman Mahmoud Al Nouri ahead of the bank’s annual general...

Airbus wins $9.3bn Turkish Airlines deal for A320 jets 17 Mar 2013 - 01:44 am

TOULOUSE, France: Airbus has won an order from Turkish Airlines for 82 A320-series planes worth $9.3bn at list prices, capping a week in...

JPMorgan bullied US regulators: Testimony 17 Mar 2013 - 01:44 am

WASHINGTON: When bank regulators wanted daily profit and loss statements from JPMorgan Chase’s investment division, the bank initially refused. When examiners issued recommendations...

China’s central bank chief to spur reforms 17 Mar 2013 - 01:44 am

BEIJING: Zhou Xiaochuan’s grey hair identifies the Chinese central bank chief as someone willing to do things a bit differently to the ranks...