Business

QE index gains 2.48pc in second week 11 Jan 2013 - 05:50 am

DOHA: Qatar Exchange (QE) extended its bullish trend yesterday edging 1.01 percent or 87.81 points to close at 8,781.70 levels. All the sector...

World shares touch 8-month high; euro rises 11 Jan 2013 - 05:49 am

NEW YORK: World stock prices rose to an eight-month high yesterday and oil prices climbed as news of stronger-than-expected Chinese exports raised hopes...

Ford doubles dividend after success 11 Jan 2013 - 05:49 am

NEW YORK: Ford shares jumped 2.4 percent yesterday after the top US carmaker said it would double its dividend for this year. The...

UK energy efficiency firms ‘breaching consumer law’ 11 Jan 2013 - 05:49 am

LONDON: A number of British companies offering energy efficiency measures such as insulation or double glazing may be breaching consumer law, the fair...

UK Ombudsman hiring 1,000 to handle mis-selling claims 11 Jan 2013 - 05:48 am

LONDON: Britain’s financial ombudsman service is taking on 1,000 new staff this year to deal with a growing backlog of complaints over mis-sold...

QA makes history with first commercial flight on GTL fuel 10 Jan 2013 - 06:40 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada and Qatar Airways CEO Akbar Al Baker with other...

Smart power grids in Qatar soon 10 Jan 2013 - 06:39 am

Delegates at the closing session of the 4th General Conference of Arab Union of Electricity and Exhibition at the Doha Sheraton Hotel, yesterday....

$4bn sukuk deal figures in global market award list 10 Jan 2013 - 06:39 am

DOHA: Qatar’s $4bn dual tranche sukuk has been recognised as the best Islamic finance deal of the country in 2012. The results of...

Real estate transaction value declines in the first week of New Year 10 Jan 2013 - 06:38 am

DOHA: The first week of the New Year saw a decline in the real estate transaction value. Compared to the last week of...

Listed firms to grow by 27pc 10 Jan 2013 - 06:38 am

DOHA: Qatar’s listed companies are expected to grow by 27 percent year-on-year basis. The aggregate profits of the country’s seven listed companies are...

Qatar’s $2.5bn lifeline lifts Egyptian bourse 10 Jan 2013 - 06:38 am

DUBAI: Egypt’s bourse hit a fresh 10-week high yesterday after a $2.5bn financial lifeline from Qatar spurred Cairo investors to buy equities, as...

McDonald’s in €350m bid to lure Italy’s pizza lovers to burgers 10 Jan 2013 - 06:37 am

MILAN: US fastfood giant McDonald’s believes recession-hit Italy will be one of its higher-growth areas in the coming decade and is opening more...

Orange Business Services launches joint venture in Qatar 10 Jan 2013 - 06:36 am

Sheikh Fahad bin Ghanim Al Abdul Rahman Al Thani and CEO of Orange Business Services Vivek Badrinath during the official launch. DOHA: Orange...

Iraq approves oil exploration deal with Kuwaiti energy group 10 Jan 2013 - 06:36 am

BAGHDAD: Iraq has approved an oil exploration deal with a Kuwait Energy-led group, a senior oil official said yesterday, to take the place...

France, UAE still talking on Rafale jets 10 Jan 2013 - 06:36 am

PARIS: Negotiations between France and the UAE over the potential sale of 60 Rafale fighter jets to the Gulf country are ongoing and...

HSBC’s multi-billion dollar deal in danger of collapse 10 Jan 2013 - 06:35 am

HONG KONG: A multi-billion dollar deal in which banking giant HSBC was set to sell its stake in China’s second largest life insurer...

Peugeot’s worldwide sales fall by 16.5pc last year 10 Jan 2013 - 06:34 am

PARIS: French top carmaker PSA Peugeot Citroen said yesterday that global sales plunged by 16.5 percent in 2012 owing to contracting demand in...

UK must stay in EU market, say business heads 10 Jan 2013 - 06:34 am

LONDON: Prime Minister David Cameron will damage Britain’s fragile economy if he demands major changes that could threaten the country’s relationship with the...