Business

Turkmenistan resumes gas supplies to Iran 17 Nov 2012 - 12:48 am

ASHGABAT: Turkmenistan has resumed gas supplies to Iran after a brief stoppage for repairs along a stretch of pipeline linking the two countries,...

India unlikely to meet new deficit target: Officials 17 Nov 2012 - 12:37 am

NEW DELHI: India will struggle to meet its already swollen deficit target this year after a dismal response to this week’s auction of...

Eurozone back in recession, outlook darkens 16 Nov 2012 - 02:06 am

BRUSSELS: The eurozone tipped back into recession for the second time in just three years in the third quarter, data showed yesterday, making...

Investment recovering in Arab Spring economies 16 Nov 2012 - 01:58 am

DUBAI: When two real estate developers from the United Arab Emirates announced a big project in Egypt last month, it was more than...

New Basel banking rules stumble, but markets implement 16 Nov 2012 - 01:48 am

PARIS: Global banking reforms known as Basel III are stumbling in Europe and the United States, but the rules have been published by...

QE’s market capitalisation falls by 1.32pc 16 Nov 2012 - 01:42 am

1DOHA: The main index of Qatar Exchange lost 124.26 points or 1.45 percent last week to close at 8,448.49 points. Of the 42...

US stocks little changed 16 Nov 2012 - 01:41 am

Traders work on the floor of the New York Stock Exchange yesterday. US stocks were little changed in choppy trading as investors found...

BP agrees to pay over $4.5bn in US fines for oil spill 16 Nov 2012 - 01:34 am

LONDON: British energy giant BP said yesterday that it had agreed to pay more than $4.5bn in US fines related to the devastating...

Policymakers at odds over Greek debt fix 16 Nov 2012 - 01:33 am

HELSINKI/BRUSSELS: The European Union’s top economic official sought to rule out any write-off of Greece’s debt to governments yesterday after a European central...

Qtel taps banks for $1bn loan 16 Nov 2012 - 01:32 am

LONDON: State-owned operator Qatar Telecom (Qtel) has sent out requests for proposals (RFPs) to banks for a syndicated loan of up to $1bn,...

Gold demand down 11pc: WGC 16 Nov 2012 - 01:31 am

MUMBAI: Global demand for gold fell 11 percent in the third quarter on an annual basis, as buying in key market China dipped...

Sandy boosts US jobless claims, hits factories 16 Nov 2012 - 01:31 am

WASHINGTON: Superstorm Sandy drove a surge in new claims for US jobless benefits last week and weighed on factory activity in November, providing...

Fragile recovery of Arab economies at risk, says IMF 16 Nov 2012 - 01:30 am

TUNIS: The Arab world is facing a number of major challenges that risk undermining fragile gains made in the past 18 months, especially...

Qatar Petroleum, Total sign pact 15 Nov 2012 - 08:11 am

H E Dr Mohammed bin Saleh Al Sada and Yves-Louis Darricarrere exchange documents during the signing ceremony. DOHA: The Minister of Energy and...

Woqod MD ranks No.3 in Forbes list of region’s top executives 15 Nov 2012 - 08:09 am

Mohamed Turki Al Sobai receiving the award from the Minister of Water and Environment in the UAE. Doha: The world’s leading business and...

QIIC gets Baa2 rating from Moody’s 15 Nov 2012 - 08:08 am

DOHA: Moody’s Investors Service has assigned a Baa2 insurance financial strength rating (IFSR) to the Qatar Islamic Insurance Company (QIIC). The rating outlook...

Saudi Aramco inks deals for 400,000b/d Jizan plant 15 Nov 2012 - 08:08 am

KHOBAR: Saudi Aramco, the world’s biggest oil producer, signed deals yesterday worth an estimated $6bn to build a refinery in the impoverished region...

Vodafone extends management agreement 15 Nov 2012 - 08:04 am

Richard Daly (right) addressing the media after announcing the results as Khalid Barzak, Investor Relations Manager, Vodafone Qatar, looks on. DOHA: The management...