Business

Gold set for second quarterly gain 01 Jul 2014 - 09:52 am

LONDON: Gold was steady near a two-month high yesterday ahead of significant US economic data this week and looking set for a second...

Foxconn invests in SK Group unit 01 Jul 2014 - 09:52 am

TAIPEI: Taiwan technology giant Foxconn, the world’s biggest components maker, said yesterday it has invested around $365m in a South Korean information technology...

UK financial firms see unexpected fall in profits 01 Jul 2014 - 09:51 am

LONDON: Britain’s financial services firms saw an unexpected fall in profit in the three months to June, after six quarters of strong rises...

Qatar’s nominal GDP hits QR192bn in Q1 01 Jul 2014 - 05:18 am

DOHA: Qatar’s nominal Gross Domestic Product (GDP at current price) estimate for first quarter of 2014 (Q1 2014) reached at QR192.38bn ($52.83 bn),...

New Kuwaiti dinar 30 Jun 2014 - 11:17 am

A Kuwaiti man holds the sixth edition of a 20 Kuwaiti Dinar bill, that was recently put into circulation by the Central Bank,...

GOIC seeks to raise capabilities of export firms 30 Jun 2014 - 11:16 am

Participants at the course. DOHA: Aiming at promoting exports of industries in the GCC countries, the Gulf Organisation for Industrial Consulting (GOIC) successfully...

QInvest named best sukuk structuring house in Middle East at London Summit 30 Jun 2014 - 11:15 am

Hani Ibrahim (right), Head of Debt Capital Markets, QInvest, receiving the award. DOHA: QInvest, Qatar’s leading investment bank, was presented with the “Best...

Gazprom holds annual meet 30 Jun 2014 - 11:14 am

Russia’s gas giant Gazprom CEO Alexei Miller (left), and Gazprom Chairman Viktor Zubkov attend a press conference following the world biggest gas company’s...

Honda’s first jet takes to the skies 30 Jun 2014 - 11:13 am

Japan’s auto giant Honda Motor’s aviation subsidiary Honda Aircraft workers celebrating the first test flight of the HondaJet at the Piedmont Triad International...

Greece set for growth 30 Jun 2014 - 11:11 am

Greece’s former Finance Minister and newly appointed Governor of Bank of Greece Yannis Stournaras at his swearing in ceremony at the presidential palace...

Japan tax hike boosts inflation, hurts spending in May 30 Jun 2014 - 11:10 am

Pedestrians cross a road in Tokyo as inflation hit a three-decade high and unemployment dipped further. TOKYO: Inflation hit a three-decade high and...

FDI in industrial sector increases to QR129bn 30 Jun 2014 - 11:07 am

DOHA: The foreign direct investment inflow into Qatar’s industrial sector touched an estimated QR129bn, according to May 2014 update. The figure makes up...

QE index drops fifth straight session 30 Jun 2014 - 11:07 am

DOHA: Qatar stocks declined fifth straight session yesterday, shedding 147.07 points, or 1.24 percent, on yesterday. All the sector indices edged down with...

ECB monitors anti-deflationary measures 30 Jun 2014 - 11:06 am

FRANKFURT: The European Central Bank is unlikely to make new policy moves at its monthly meeting this week, focusing instead on monitoring the...

Ashghal lists contractors for dewatering 30 Jun 2014 - 11:06 am

DOHA: The Public Works Authority — Ashghal — has released the list of contractors who have been picked up to work on groundwater...

Eurozone growth stalls, deflation threatens 30 Jun 2014 - 11:06 am

PARIS: Europe’s fragile recovery is stalling, a batch of economic data showed this week, with analysts warning that France, with the eurozone’s second-biggest...

Google team in Cuba to push open Internet 30 Jun 2014 - 11:05 am

MIAMI: A team of top Google executives is visiting Cuba for the first time to promote open Internet access, according to a dissident...

Rosneft signs oil product supply deal with BP 30 Jun 2014 - 11:04 am

KHABAROVSK: Rosneft signed its second major agreement with BP since sanctions were imposed on the Russian oil company’s chief executive, a close ally...