Business

Qatar plans to establish deposit insurance framework 16 May 2014 - 07:49 am

DOHA/DUBAI: Qatar regulators will establish a deposit insurance framework that will include a Shariah-compliant scheme, one of several reforms aimed at modernising the...

QE’s market cap rises to QR734.34bn 16 May 2014 - 07:49 am

DOHA: The main index of Qatar Exchange gained 143.35 points (1.11 percent) last week with trading closing at 13,104.75 points yesterday. The trading...

Moody’s changes QIIC outlook to ‘positive’ 16 May 2014 - 07:48 am

DOHA: As a result of continued strong performance of Qatar Islamic Insurance Company (QIIC), international ratings agency Moody’s yesterday affirmed the Baa2 insurance...

IEA forecasts higher oil demand, urges Opec to boost output 16 May 2014 - 07:48 am

PARIS: Demand for oil this year will be slightly higher than expected, the IEA forecast yesterday, highlighting signs of tension in the market...

Key European indices slide; Dow tumbles 16 May 2014 - 07:47 am

LONDON: European equities fell yesterday as investors digested gloomy eurozone data showing anaemic economic growth for the first quarter of the year. London’s...

US jobless claims hit seven-year low 16 May 2014 - 07:46 am

WASHINGTON: New applications for US unemployment benefits hit a seven-year low last week while consumer prices recorded their largest increase in 10 months...

Russia, Ukraine near deal on gas pricing 16 May 2014 - 07:46 am

MOSCOW/KIEV: Moscow and Kiev took tentative steps yesterday towards ending their standoff over the price of Russian gas supplies to Ukraine that has...

Tunisia to issue delayed $140m sukuk in Sept 16 May 2014 - 07:43 am

TUNIS: Tunisia will sell its first Islamic bond in September after months of delays, raising $140m to boost dwindling currency reserves and help...

Slew of deals signed at Project Qatar 16 May 2014 - 04:47 am

Officials pose for a group picture after the signing ceremony. DOHA: The 11th International Construction, Technology and Building Materials Exhibition — Project Qatar...

Clinton addresses Fiscal Summit 15 May 2014 - 07:01 am

Former US President Bill Clinton (right) with Gwen Ifill of PBS during the 2014 Peterson Foundation Fiscal Summit in Washington yesterday.

Al Najjar welcomes Chamber’s announcement 15 May 2014 - 07:00 am

Caption Doha: Abdulrahman Al Najjar (pictured), the independent nominee to the election of Qatar Chamber of Commerce, yesterday welcomed the announcement of the...

Ukraine faces deeper recession threat: EBRD 15 May 2014 - 06:58 am

Officials at the EBRD Annual Meeting and Business Forum Warsaw 2014, in Warsaw yesterday. WARSAW: Ukraine faces a plunge into recession this year...

Tencent net income soars 60pc 15 May 2014 - 06:56 am

Call for 10-year Pfizer pledge as CEO faces new grilling 15 May 2014 - 06:54 am

Pfizer CEO Ian Read (centre) leaves after appearing at a commons science committee hearing at Portcullis House in London yesterday. LONDON: Pfizer faces...

Protest in Spain 15 May 2014 - 06:53 am

An anti-eviction activist wearing a mask, depicting Santander bank Chairman Emilio Botin, protests to denounce what activists say is a breach of human...

ECB readies package of interest rate cuts 15 May 2014 - 06:48 am

FRANKFURT: The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates...

Sony records $1.26bn fiscal year net loss 15 May 2014 - 06:46 am

TOKYO: Struggling electronics giant Sony lost $1.26bn in the fiscal year to March, the once-mighty firm said yesterday, blaming costs tied to its...

India’s April Iran oil imports come down 15 May 2014 - 06:45 am

NEW DELHI: India cut its monthly Iranian crude imports by 42 percent in April from March, in a further sign that Asian oil...