Business

Two Abu Dhabi banks vie for Barclays UAE retail operations 20 Mar 2014 - 08:55 am

DUBAI/ABU DHABI: Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays’ retail banking operations in the United Arab Emirates...

EU to curb Russian gas buy, eyes Qatar 20 Mar 2014 - 08:55 am

BRUSSELS: European leaders will seek ways to cut their multi-billion-dollar dependence on Russian gas at talks in Brussels today and tomorrow, while stopping...

Ukraine row to hit commodities: BoE 20 Mar 2014 - 08:55 am

LONDON: The Bank of England has warned about the impact of the Ukraine crisis on global commodity prices, minutes of their last policy...

Innovation key for chemicals industry in GCC 20 Mar 2014 - 08:54 am

Doha: Mohammed Al Mady, Chairman of Gulf Petrochemicals and Chemicals Association (GPCA) and Vice President and CEO, SABIC, highlighted the importance of innovation...

China’s MMG eyes Glencore mine in Peru 20 Mar 2014 - 08:53 am

China’s MMG eyes Glencore mine in Peru HONG KONG: MMG Ltd, the overseas arm of Chinese state-owned Minmetals, confirmed yesterday it was in...

€1bn fine on car cartel 20 Mar 2014 - 08:51 am

BRUSSELS: The European Commission announced yesterday it has slapped fines totalling nearly €1bn on a cartel of European and Japanese companies that supply...

Bentley opts for UK engine production 20 Mar 2014 - 08:50 am

LONDON: German-owned luxury car maker Bentley Motors said it would move production of all its W12 cylinder engines to Britain from Germany by...

Al Sada, QBA chief discuss economy 20 Mar 2014 - 03:43 am

H E Dr Mohamed bin Saleh Al Sada (right) with Sheikh Faisal bin Qassim Al Thani. DOHA: The Minister of Energy and Industry,...

Malaysia looks to boost trade with Qatar 19 Mar 2014 - 11:40 am

Sheikh Khalifa bin Jassim bin Mohammad Al Thani (left), Chairman of the Qatar Chamber, Dr Wong Lai Sum (centre), CEO, MATRADE and Ahmad...

Work on Ras Laffan 2 to start in April 19 Mar 2014 - 11:36 am

Mohammed Nasser Al Hajri at the MEED’s Qatar Projects meet. Abdul Basit By Satish Kanady DOHA: The petrochemicals sector is set to emerge...

UK eyes major role in Qatar’s development 19 Mar 2014 - 11:35 am

BY MOHAMMAD SHOEB DOHA: The visiting UK Minister of State for Trade and Investment, Ian Paul Livingston (pictured), yesterday said the volume of...

Ashghal tops list with $50bn projects on offer 19 Mar 2014 - 11:31 am

DOHA: The presentations on the first day of MEED’s Qatar Projects conference saw Qatar Petroleum being positioned as one of Qatar’s top five...

Technology key to energy sector growth 19 Mar 2014 - 11:30 am

The audience at the forum yesterday. Kammutty VP Doha: With global energy demand expected to increase by about 35 percent by 2040 as...

German court clears European bailout fund 19 Mar 2014 - 11:28 am

Andreas Vosskuhle (2nd left), President of Germany’s Constitutional Court (Bundesverfassungsgericht), pronounces the verdict on the ESM with his colleagues of the second senate,...

UK shakes up Bank of England’s top deck 19 Mar 2014 - 11:27 am

Nemat Shafik (left) and Ben Broadbent. LONDON: Britain shook up the upper echelons of the Bank of England yesterday, naming two new deputy...

Carbon tax to hit Hyundai sales 19 Mar 2014 - 11:26 am

South Korean Hyundai Motor Group’s cars are seen on a truck at the company’s shipping yard at a port in Pyeongtaek. Hyundai fears...

Emaar plans Dubai, London listing for unit 19 Mar 2014 - 11:24 am

DUBAI: Dubai’s Emaar Properties plans to list its shopping malls and retail unit in both Dubai and London, the company’s chairman Mohamed Alabbar...

Lukoil hopeful of gas deal in Empty Quarter 19 Mar 2014 - 11:23 am

KHOBAR/MOSCOW: Russia’s Lukoil is negotiating a deal with the world’s top oil exporter Saudi Arabia to tap unconventional gas deposits in the kingdom’s...