Business

$250bn in Mena rail projects until ’15 seen 25 Sep 2012 - 10:00 am

Abu Dhabi: A rail boom within the transport sector in the Middle East and North Africa is expected to materialise in the next...

India-China JV buys Cameron’s Digital assets 25 Sep 2012 - 09:59 am

MUMBAI: Digital Domain, whose founders include Hollywood director James Cameron, said yesterday a Chinese-Indian joint venture has won an auction to buy some...

Whatever happened to responsible capitalism? 25 Sep 2012 - 09:58 am

by David Priestland Four years ago, as they looked into the post-Lehman Brothers abyss, our political leaders promised “never again”. Both David Cameron...

Argentine banks get squeezed by state lending campaign 25 Sep 2012 - 09:58 am

By Guido Nejamkis Argentine banks are reluctantly complying with state orders to make cheaper, longer-term loans to small businesses, but they worry about...

Fight looms over plans to export US coal to Asia 25 Sep 2012 - 09:42 am

By Patrick Rucker Call it the Keystone of coal: a regulatory and public relations battle between environmentalists and US coal miners akin to...

RasGas delivers 41st cargo to Turkey 24 Sep 2012 - 10:17 am

Doha: RasGas Company Ltd (RasGas) has delivered a spot cargo of liquefied natural gas (LNG) to EgeGaz in Turkey. The fully loaded cargo...

Qatargas hosts IGU Task Force 1 meeting 24 Sep 2012 - 10:16 am

Officials who attended the International Gas Union (IGU) Task Force 1 meeting in Doha recently. Doha: Qatargas recently hosted the meeting of the...

QE launches Mobile Market Watch for Apple devices 24 Sep 2012 - 10:13 am

Doha: In a new step to develop the dissemination of its market data to investors and the financial community in general, the Qatar...

Qatar earmarks $17bn for road projects: Report 24 Sep 2012 - 10:12 am

DOHA/Abu Dhabi: The Gulf region is forging ahead with plans to improve its regional transportation infrastructure, with $121.3bn worth of road and bridge...

Egypt plans coupon system to cut energy subsidies 24 Sep 2012 - 10:12 am

CAIRO: The government faced a tough challenge to implement a coupon plan designed to cut massive energy subsidies which eat up around a...

Palestinians and Israel discuss developing gas off Gaza coast 24 Sep 2012 - 10:12 am

JERUSALEM: The US-backed Palestinian administration is negotiating with Israel for permission to develop natural gas off the coast of the Gaza Strip, Israeli...

Iran’s oil sales fell in July: Official 24 Sep 2012 - 10:11 am

DUBAI: Iran’s crude oil sales dived to just 800,000 barrels per day (b/d) in July, due to Western sanctions, but are likely to...

Al Rayyan Pools turns 25, unveils new logo 24 Sep 2012 - 10:09 am

Al Rayyan Pools Chairman Abdullah S Al Sulaiteen (right) and General Manager Samson Martin during the launch of the new logo to coincide...

Qatari bourse index down 0.36 percent 24 Sep 2012 - 10:09 am

Doha: Qatar Exchange was down 31.30 points or 0.36 percent to 8,568.35 points yesterday from the previous closing of 8,599.65. Among the top...

Credit Suisse to shift some Dubai jobs to Qatar 24 Sep 2012 - 10:09 am

DUBAI: Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources said, as part...

High-frequency stock trade risky: Experts 24 Sep 2012 - 10:08 am

WASHINGTON: The increasing power of computerised high-frequency trades on US markets has been assailed in Congress as dangerous and unfair, as pressure builds...

Spain may overshoot crucial deficit goal 24 Sep 2012 - 10:08 am

MADRID: Spain has staked its financial survival on cutting its bulging deficit, but analysts warn it will miss its key 2012 target, undermined...

America’s unemployed: Too discouraged to count 24 Sep 2012 - 10:07 am

When Daniel McCune graduated from college three years ago, he was optimistic his good grades would earn him a job as an intelligence...