US interest rate-setters, led by Federal Reserve chairman Ben Bernanke, are expected to cut rates from the current level of 1% on Tuesday. They are expected to lower it at 1415 EDT (1915 GMT) to 0.5% or even 0.25%. As...
In recent months, the financial crisis has pushed back the food crisis, which had dominated the headlines for the past eighteen months. But falling prices and corporate bankruptcies cannot hide an appalling fact - if not starvation, at least a...
WASHINGTON: Barely 10 days ahead of the Summit of the Group-20 here called by President George Bush, IMF has revised its global economic outlook and forecast that advanced economies would slip into recession next year, while the growth rate of...
HH the Emir Sheikh Hamad bin Khalifa al-Thani yesterday said Qatar would be less affected by the global financial crisis than other developing nations because there was no shortage of liquidity. The consequences of the world crisis on the State...
Vodafone Qatar, which will be listed on Qatar Exchange on Wednesday, has been successful in increasing the number of its customers to 20,000. Vodafone Qatar Chief Executive Officer Grahame Maher said, “Our target was to have 10,000 customers before listing....
Oxford Business Group (OBG), the highly acclaimed global publishing, research and consultancy firm, has welcomed back Tatjana Marinko to take up the role of Country Director for Qatar. The appointment marks a return to OBG for Marinko after a two-year...
Doha :: Qatar
| updated Sun Dec 07 09:07:12 -0800 2008
| business-news
Doha: Qatar should reform its currency to prevent exchange-rate distortions caused by the riyal’s peg to the dollar, an economist linked to Qatar’s central bank said in a column published on Saturday. “High and rising inflation in Qatar has caused...
Doha :: Qatar
| updated Sun Nov 22 20:15:59 -0800 2009
| business-news
German rail operator Deutsche Bahn said Sunday it had signed a multi-billion-euro contract to build high-speed railway lines and underground transport networks in Qatar and Bahrain. The total investment earmarked for the projects amounts to 17 billion euros (25 billion...
Qatar, the gas-rich peninsula in the Arabian Gulf, plans to slash the corporate tax rate levied on foreign companies to boost international investments and help diversify its economy away from hydrocarbons. The state-run Qatar News Agency reported on Tuesday that...
Qatar has built up a sizeable stake in VW and, despite the sale, said it was committed to investing in the company. Earlier this year, it said it planned to become the third-biggest shareholder in what is Europe's largest carmaker....
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