Business

Barwa Bank lead arranger for Ezdan syndication 02 Apr 2014 - 01:13 am

DOHA: Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, is the initial mandated lead arranger for Ezdan Holding Group’s first tranche...

UAE extends gains; Egypt rebounds 02 Apr 2014 - 01:13 am

DUBAI: Financial and property stocks lifted bourse in the United Arab Emirates yesterday, while Egypt rebounded after three days of heavy profit-taking. Dubai’s...

Opec output falls on Iraq setback, African outages 02 Apr 2014 - 01:11 am

LONDON: Opec’s oil output fell in March to its lowest since December, a survey found yesterday, as Iraq’s oil revival suffered a setback...

Major economies end first quarter on weaker note 02 Apr 2014 - 01:10 am

LONDON/BEIJING: Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may...

UAE Exchange remits $1.7bn in 2013 02 Apr 2014 - 01:10 am

Doha: UAE Exchange, yesterday said it remitted $1.7bn from Qatar in 2013, largely to South Asia, taking a share of over 12 percent...

Marks & Spencer ramps up overseas expansion 02 Apr 2014 - 01:10 am

PARIS: Britain’s Marks & Spencer plans to grow its international profits by 40 percent over the next three years by expanding its number...

Japan moves to expand foreign worker scheme 02 Apr 2014 - 01:09 am

TOKYO: Japan is considering expanding a controversial programme that now offers workers from China and elsewhere permits to work for up to three...

DAMAC tightens norms on $500m Sukuk issue 02 Apr 2014 - 01:09 am

DUBAI: Pricing guidance for a $500m Sukuk issue by Dubai’s DAMAC Real Estate was tightened to the midswaps plus 325 basis points area,...

National Bank of Fujairah may tap markets: CEO 02 Apr 2014 - 01:09 am

ABU DHABI: National Bank of Fujairah , which has secured credit ratings from two international agencies, may tap the capital markets in the...

Apple vs Samsung case to start before fresh jury 02 Apr 2014 - 01:08 am

SAN JOSE: Jurors were selected yesterday for a high-stakes patent battle between smartphone rivals Apple and Samsung, setting the stage for attorneys to...

Rosneft, Exxon on track to start LNG plant 02 Apr 2014 - 01:08 am

MOSCOW: Russia’s Rosneft, said yesterday it was on track to start production at its first liquefied natural (LNG) gas plant in the country’s...

Nadella unveils Microsoft leadership shake-up 02 Apr 2014 - 01:08 am

NEW YORK: Microsoft chief executive Satya Nadella unveiled a leadership shakeup at the technology giant, including a new head for the Xbox division....

Australia keeps rates on hold 02 Apr 2014 - 01:07 am

SYDNEY: Australia’s central bank yesterday kept interest rates at a record low 2.5 percent for a seventh straight board meeting amid only tentative...

Aston Martin in talks with Mercedes-Benz for first SUV 02 Apr 2014 - 01:07 am

London: Luxury sports car maker Aston Martin is in discussions with Mercedes-Benz over building its first SUV and hopes to have the SUV...

GIS to buy JDC’s 30pc in GDI 01 Apr 2014 - 12:36 am

H E Dr Mohamed bin Saleh Al Sada and other officials at the ceremony. DOHA: Gulf International Services (GIS), the largest service group...

Nakilat Damen signs QR3.1bn MoUs with Qatar Armed Forces 01 Apr 2014 - 12:35 am

The MoU signing ceremony. DOHA: Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has signed two Memoranda of Understanding (MoU) worth QR3.1bn to build...

Yousef Mohammed Al Jaida is Deputy CEO of QFC Authority 01 Apr 2014 - 12:34 am

DOHA: Yousef Mohammed Al Jaida (pictured), formerly Chief Strategic Development Officer of the Qatar Financial Centre (QFC) Authority, has been appointed Deputy CEO...

Network marketing provides greater opportunity 01 Apr 2014 - 12:26 am

Carlos Widen By Erika Widen Doha: Network marketing provides every member, whether at the top or bottom, the same opportunity and everyone is...