Business

DOHA: The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, has said the diversification strategy of Qatar’s energy...

NEW YORK: Global oil prices fell yesterday, after US and Russian officials reached a weekend deal to remove Syria’s chemical weapons, easing investor...

DOHA: Powered by large-scale public infrastructure spending, Qatar’s real gross domestic product (GDP) is forecast to grow by 6.5 percent in 2013 and...

The logo of Zurich Insurance Group at a building beside a construction site in Opfikon, near Zurich, yesterday. By rolling out marketing campaigns,...

LISBON: Portugal’s creditors arrived back in Lisbon yesterday to assess the country’s progress under its ¤78bn bailout as Brussels signals it will not...

SINGAPORE: China’s top refiner Sinopec Corp  is expected to resume high-volume diesel exports after Beijing approved a quota for the company to export...

LONDON: Companies around the world are increasingly turning to equity issuance to raise capital, a sign of growing corporate and investor confidence that...

COPENHAGEN: Denmark’s biggest bank, Danske Bank, yesterday ousted its chief executive, saying in a bluntly worded statement that the group needed a leader...

MUMBAI: Shares in Indian generic drugs giant Ranbaxy Laboratories crashed by as much as 35 percent yesterday after the US Food and Drug...

Doha: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), was honoured with the 2013 Downstream Company of the Year award by The...

Doha: The International Herald Tribune’s fourth Global Clean Energy Forum (GCEF), held for the first time in Qatar, will bring together top-level energy...

DUBAI: Abu Dhabi’s Gulf Capital said yesterday it has hired an investment bank to advise it on a renewed attempt to issue shares...

    DUBAI:  GEMS Education, a Dubai-based schools operator, is seeking to raise about $500m to fund growth by selling a stake of up to...

DUBAI: Bank of London and The Middle East (BLME), Britain’s largest stand-alone Islamic bank, plans to seek a listing on the Nasdaq Dubai...

MIRABEL, Quebec: Bombardier Inc’s  CSeries jetliner took flight for the first time yesterday, the culmination of a $3.4bn programme to develop the first...

Doha: Qatar Exchange index lost 17.64 points, or 0.18 percent, to 9,762.70 points from the previous closing of 9,780.34 points.  The volume of...

LONDON: Mining giant Anglo American said yesterday it was pulling out of a copper mine project in Alaska and would pay a $300m...

LONDON: Iraq’s oil exports have been cut sharply by a pipeline leak and work at southern ports, industry sources said, raising concern among...