Business

Qatari bourse index slips on profit-taking 02 Jun 2014 - 10:03 pm

DUBAI: Qatar’s bourse fell because of profit-taking and soccer World Cup concerns yesterday, while property stocks lifted Dubai and Egypt partially rebounded after...

Etisalat adds banks for debut four-part bond issue 02 Jun 2014 - 10:02 pm

DUBAI: Etisalat, the Abu Dhabi-based telecoms firm, has added four banks to the list of bookrunners for its potential debut bond, which could...

Bahrain budget deficit doubles to $1.1bn in 2013 02 Jun 2014 - 10:02 pm

DUBAI: Bahrain’s state budget deficit nearly doubled to BD410m ($1.1bn) in 2013 but was only a fraction of the original projection as spending...

Gold in longest losing streak in seven months 02 Jun 2014 - 10:02 pm

LONDON: Gold fell for a fifth session yesterday, its longest losing streak in seven months, as rising stock markets diverted interest from bullion,...

Dai-ichi to take over Protective Life 02 Jun 2014 - 10:01 pm

A man walks past the Dai-ichi Life Insurance Company Ltd headquarters in Tokyo, yesterday. According to the Nikkei business daily, Dai-ichi is poised...

Airline honchos meet in Doha for the big event 02 Jun 2014 - 06:57 am

Qatar Airways CEO Akbar Al Baker and IATA Director General and CEO Tony Tyler with IATA board of governors at the 70th IATA...

Qatar Exchange index flat, UAE bourses retreat after MSCI move 02 Jun 2014 - 06:55 am

Traders work at the Egyptian Stock Exchange in Cairo yesterday. Doha/DUBAI: Qatar Exchange ended in the green area yesterday by adding just 2.79...

Real estate deals up 85pc 02 Jun 2014 - 06:52 am

Doha: Qatar’s real estate market remained firm as a real estate transactions jumped 85 percent to QR1,409.2m last week, according to Ezdan Weekly...

Barwa to sell Dara residential units 02 Jun 2014 - 06:50 am

DOHA: Barwa Real Estate Company yesterday announced its participation in ‘Cityscape Qatar 2014’ with a number of distinctive investment opportunities, starting with the...

Cityscape Qatar begins today 02 Jun 2014 - 06:48 am

Doha: Region’s leading real estate exhibition and conference Cityscape Qatar will be inaugurated by H E Sheikh Ahmed bin Jassim bin Mohamed Al...

Etihad moves toward Alitalia investment 02 Jun 2014 - 06:47 am

DUBAI: Etihad Airways said it had set the terms for investing in loss-making airline Alitalia and was looking to conclude the deal, as...

Optimism high in construction sector in Qatar 02 Jun 2014 - 06:44 am

DOHA: Optimism among Qatar’s construction industry in the second quarter of 2014 is at its highest for three years, according to the Dun...

March industry PPI down 1.1pc 02 Jun 2014 - 06:44 am

DOHA: The monthly Producer Price Index (PPI) of the industrial sector for March, 2014 stood at 175.2 (Base 2006=100), which shows decreases of...

Al Meera signs MoU with Regency Group, Aramex 02 Jun 2014 - 06:43 am

Doha: Al Meera Consumer Goods Company (QSC) has signed a memorandum of understanding (MoU)) with both Regency Group Holding WLL, a company specialising...

Ezdan Holding to sell five villages 02 Jun 2014 - 02:45 am

Sheikh Dr Khaled bin Thani bin Abdullah Al Thani, Chairman of Ezdan Holding Group (left). One of the Ezdan Villages in Wakra. DOHA:...

Al khaliji hosts French business community 01 Jun 2014 - 11:05 pm

Participants at the event in Paris. Doha: Al Khaliji France SA, a subsidiary of Al Khalij Commercial Bank (al khaliji) recently hosted a...

Munira Flowers opens in Qatar 01 Jun 2014 - 11:01 pm

Munira Flowers, a leading floral and luxury gifts company, opened its first branch in Qatar yesterday at a glittering event, attended by a...

Focus on France in EU economic review 01 Jun 2014 - 11:00 pm

BRUSSELS: The EU lays down the law today on how member states manage their economies, with struggling France in focus just days after...