Business

Weekly Commodity Update 15 Oct 2012 - 04:29 am

by By Ole Hansen (Head of Commodity Strategy, Saxo Bank) In this commodity update we combine our thoughts from the quarterly outlook, which...

Casserole march in Madrid 14 Oct 2012 - 03:23 am

Placards and banners reading “We do not owe, we do not pay” or “Youth without Future” at a “casserole march” against government’s austerity...

QIIB’s $700m 5-year sukuk oversubscribed 14 Oct 2012 - 03:22 am

DOHA:Qatar International Islamic Bank (QIIB) has successfully priced a $700m 5-year Sukuk issued at par with a 2.688 percent annual profit rate, which...

Qatar calls for better IMF, WB role in region 14 Oct 2012 - 03:21 am

By Satish Kanady DOHA: Qatar, on behalf of other Arab countries, has called on the World Bank Group and the International Monetary Fund...

Mideast needs IMF help to curb unemployment: UAE minister 14 Oct 2012 - 03:21 am

DOHA: Many countries in the Middle East need International Monetary Fund’s (IMF) support to avoid the high unemployment rate and the region’s sluggish...

Greek PM sees austerity deal by October 18 14 Oct 2012 - 03:20 am

ATHENS: Greece expects to agree a new austerity package with its lenders and for the EU and IMF to bridge their differences on...

Qatargas 3 signs new long-term LNG deal with Chubu Electric 14 Oct 2012 - 03:20 am

DOHA: H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry and Chairman of the Board of Qatargas, signed a...

Hala Group, Vichy in deal for spa and hotel in Doha 14 Oct 2012 - 03:18 am

Doha: Hala Group Enterprises and Vichy Spa Hotel and Resorts International signed a Memorandum of Understanding (MOU) to bring what its says is...

Iran denies fall in oil exports 14 Oct 2012 - 03:14 am

DUBAI: Iran’s oil exports have remained steady in recent months, Iran’s Opec governor said yesterday, denying a report from the International Energy Agency...

Amid crisis, awarding the economics Nobel is quite a job 14 Oct 2012 - 03:07 am

Washington: With its intimidating Washington headquarters and teams of crack young policy wonks jetting into troubled countries to read the riot act, the...

IMF members endorse policy checklist 14 Oct 2012 - 03:00 am

TOKYO: World finance leaders yesterday endorsed a checklist of policy reforms aimed at pressuring Europe and the United States to tackle debt troubles...

HSE Forum ropes in experts 14 Oct 2012 - 03:00 am

Doha: The 8th Annual HSE Forum in Energy was held under the patronage of H E Dr Mohammed bin Saleh Al Sada, Minister...

India’s HMEL bought 2 million barrels of Iranian oil 14 Oct 2012 - 03:00 am

NEW DELHI: India’s HMEL, part-owned by steel tycoon Lakshmi Mittal, has emerged as a new oil client of sanctions-hit Iran, potentially complicating New...

Maersk Oil backs international businesswomen meet 14 Oct 2012 - 02:59 am

Doha: As part of its ongoing corporate social responsibility programme, Maersk Oil Qatar is supporting the Qatar International Business Women Forum as Gold...

National Bank of Kuwait posts $814.4m net profit in nine months 14 Oct 2012 - 02:56 am

Kuwait City: National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of $814.4m...

Oil prices to ease on slow economy: IEA 13 Oct 2012 - 01:54 am

A petrol pump at a fuel station in Essex, east of London. Oil prices wobbled yesterday as the International Energy Agency cut its...

Oil drilling rig 13 Oct 2012 - 01:53 am

A vessel passes by an oil drilling rig being built at the Keppel FELS shipyard in Singapore yesterday.

JPMorgan Chase earnings jump 13 Oct 2012 - 01:53 am

A man walks past JPMorgan Chase’s international headquarters on Park Avenue in New York. JPMorgan Chase & Co said yesterday that third-quarter earnings...